E-tail giant Amazon.com said sales grew 33 percent year-over-year to $851 million in the third quarter, fueled by its free shipping offer in the United States and by dramatic expansion in overseas sales. Amazon's net loss shrunk to $35 million from $170 million in the same quarter in 2001. The compa...
When Amazon slashed its free shipping threshold from $99 to $49, that made sense, and the company's latest move from $49 to $25 was logical, too. Amazon has reserved the right to reverse its course. It still cautions that it might drop this "long-term test" outright at some future date. But does ...
Amazon.com has once again cut by half the amount shoppers must spend to qualify for its Super Saver free shipping offer, further escalating the price war it began early this year. The minimum order size for free shipping is now $25, down from $49. Amazon described the move as a "long-term test of...
The Nasdaq stock exchange has given BarnesandNoble.com just over two months to either boost its stock price or face delisting, an often fatal blow to a public company's fortunes. BN.com, which launched a $420 million IPO in the dot-com heyday of 1999, received the warning notice because its stock ...
They were among the e-commerce sectors given up for dead. But like others before them -- such as online grocery and clothing sales -- they have endured in the face of all adversity, and have even begun to show signs of turnaround. "A lot of sectors have been completely changed from what people th...
Japanese Internet venture investor Softbank has sold its remaining stake in E*Trade, taking a loss as part of an effort to realign its holdings and reduce its exposure to the dot-com world. Softbank said it sold a total of 12 million shares of E*Trade stock for $3.60 each, raising $43 million. Wh...
Amazon.com has launched the first phase of a Web services offering, giving Web developers free access to Amazon content and features. The company said it hopes developers using its tools will enable visitors browsing other sites to buy Amazon products and start Amazon purchases. Developers also c...
Robertson Stephens, an investment bank that helped take Webvan, eToys, Palm, eMachines, Buy.com and a score of other Internet and tech companies public in the dot-com heyday, will be closed after attempts to find a buyer failed, according to parent company FleetBoston Financial. "It was a difficu...
A Canadian government agency has cleared Amazon.com to sell books through its newly launched Canadian Web site, saying the e-tailer is not subject to a law that regulates foreign investment in booksellers. But rival booksellers, including Canadian online competitor Indigo Books and Music and the ...
A long, long time ago, before Amazon.com modified its "Earth's Biggest Bookstore" slogan to encompass all the other merchandise on its virtual shelves, e-commerce took its first baby steps by selling books to the world's hungry readers. Now, almost exactly seven years later, the latest and hottes...
A real price war has broken out, albeit a limited one, with superpower Amazon and the more guerilla-style Buy.com squaring off over free shipping. Both deals are good news for consumers. At Amazon, you have to buy half as much now -- only $49 -- as the company used to require to get free shipping...
A limited price war has broken out in the online bookselling arena as Buy.com, Amazon.com and BN.com vie for customers, offering steep discounts reminiscent of the earliest days of online commerce. Buy.com has fired the latest volley, saying it will sell 1 million book titles at 10 percent below Ama...
Just a day after Amazon.com halved its purchase threshold for free shipping from $99 to $49, e-tailer Buy.com has gone one step further, announcing it will offer free shipping with no minimum purchase. Buy.com founder and CEO Scott Blum made no attempt to hide the fact that the move was a direct com...
Amazon.com has announced it will lower the threshold for free shipping to $49 in a move that the company has called a long-term test to raise the stakes for itself and other online retailers. Amazon said a trial of the service will run for three to six months. "It's a bit of a risk, but Jeff Bezo...
When Amazon.com executives said earlier this year that they planned to build their business by lowering prices whenever possible, the statement raised more than a few eyebrows. "All of our research shows that consumers are most interested in convenience, not price," GartnerG2 research director Da...
Yes - at a price below the $44 billion contracted agreement
Yes - the court will force Musk to close the deal at $44 billion
No - Musk will end up paying the $1 billion breakup fee to cancel the deal
No - Musk will prove Twitter violated the agreement and walk away without paying a penalty
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