Edition:
India

Arjun Panchadar

Amazon raises stakes for rivals with one-day delivery goal after profit surge

8:33am IST

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 beats Wall Street profit estimates, explores NBC-Sky news network

25 Apr 2019

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.

Comcast first quarter profit beats Wall Street, misses on revenue

25 Apr 2019

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 raises forecast as redesign draws customers, boosts ad revenue

24 Apr 2019

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.

Tesla, Panasonic to seek productivity gains before new battery investments

12 Apr 2019

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.

Jeff Bezos keeps Amazon voting power in divorce settlement

05 Apr 2019

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

CORRECTED-UPDATE 2-Jeff Bezos' ex-wife cedes control of Amazon in divorce deal

05 Apr 2019

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 divorce settlement.

Top gamer 'Ninja' made $1 million to promote EA's 'Apex Legends' launch - source

14 Mar 2019

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

World News