Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc.
Comcast Corp reported first-quarter profit on Thursday that beat Wall Street estimates, boosted by additions of high-speed internet customers in a quarter that painted a mixed picture for the biggest U.S. cable provider.
April 25 Comcast Corp reported
first-quarter profit on Thursday that beat Wall Street
estimates, boosted by strong additions of high-speed internet
customers in a quarter that painted another mixed picture for
the biggest U.S. cable provider.
EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue.
TOKYO/BENGALURU Panasonic Corp and Tesla Inc will continue to make new investments in the U.S. electric carmaker's Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said on Thursday.
Amazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of his entire $143 billion stake in the company under a divorce settlement with his wife, MacKenzie Bezos, who will own 25 percent of those shares, the couple said on Thursday, removing uncertainty over control of the online retailer. | Video
April 4 MacKenzie Bezos, ex-wife of Amazon.com
Inc founder and Chief Executive Officer Jeff Bezos,
will give 75 percent of their stake in the company and all
voting rights to the billionaire entrepreneur as part of their
BENGALURU What are a few hours playing videogames and a handful of tweets worth? $1 million if you are Tyler Blevins, known to millions as "Ninja," the world's most-followed computer gamer. | Video