Internet, E-commerce | featured news

Malls Take On the Internet by Stressing the Experience

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To meet online competition, shopping malls are signing tenants that offer dining, hairstyling, craft-making and other things the Internet can’t provide.

 

Alibaba Says Former Manager Suspected Of Bribery

A former manager at China’s largest e-commerce company, Alibaba Group, has been arrested by Chinese police under suspicion of accepting bribes from businesses owners, the company said Thursday.

 

DealBook: Pinterest Raises $100 Million

Pinterest

Pinterest, which allows users to share photographs, recipes and other media on custom "pinboards," raised $100 million in a funding round led by the Japanese e-commerce company Rakuten.

 

Amazon Ramps Up Hiring

Amazon.com

Amazon has set a torrid hiring pace in recent months, accelerating a rate of employee acquisitions that was already well ahead of most large corporations.

 

Yahoo in talks to sell 15-25 percent of Alibaba: source

Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group's stock back to China's largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, a person familiar with the matter said.

 

Amazon unveils effort to develop original TV shows

Amazon

Amazon.com Inc unveiled a new effort to develop original comedy and children's TV shows to distribute over the company's video streaming service.

 

Amazon's streak of Fire ignites shares

Amazon

Amazon.com Inc's quarterly earnings beat Wall Street's most bullish expectations as the world's largest Internet retailer brought costs under control and saw early success selling more digital products through its new Kindle Fire tablet, sending its shares up almost 15 percent.

 

EBay posts higher 1Q net income and revenue

EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's stock higher in after-hours trading.

 

Amazon CEO Gets $1.68 Million

Amazon founder and CEO Jeffrey Bezos received $1.68 million in total compensation for 2011, the same as in the prior year.

 

Amazon.com to buy Kiva Systems for $775 million

Amazon.com Inc said on Monday it agreed to buy Kiva Systems Inc for $775 million in cash, a deal that will bring more robotic technology to the e-commerce company's giant network of warehouses.

 

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