Tag: etailing

‘I am (likely) the world’s most stupid person’: Former Microsoft and Amazon executive sentenced to 2 years for filing over $5 million in fake PPP loans

A one-time executive at both Microsoft MSFT MSFT, +0.21% and Amazon AMZN, +1.01% has been sentenced to two years in prison for falsely filing for...

U.S. retail sales slump 1.1% due to shortage of cars and Amazon Prime hangover

The numbers: Americans cut spending at retail stores in July for the second time in three months, largely reflecting an Amazon Prime Day hangover and...

Alibaba stock has taken a hit from China crackdown, but its earnings could be a different story

Alibaba Group Holding Ltd. will be looking to focus attention back onto its business Tuesday following a rough stretch for the broader Chinese internet sector....

PayPal stock slips as earnings beat expectations but outlook comes up short

PayPal Holdings Inc. topped profit expectations for its latest quarter, but it delivered a lower-than-expected outlook for the current quarter as eBay’s transition to managing...

The main attractions arrive: Apple, Microsoft, Google, Facebook, Amazon and Tesla headline the biggest week of earnings

The coming week will be the most important of this quarter’s earnings season — even if later weeks beat it on quantity, it will be...

Game on? Netflix hires first videogame executive, signaling a new approach

Netflix Inc. announced its first major videogame hire Wednesday, potentially signaling a move beyond its streaming-video roots. Netflix NFLX, +1.34% hired Mike Verdu as vice...

Many Amazon Prime Day customers placed more than one order, with 11% placing five or more

Many customers couldn’t stop themselves from clicking the “checkout” button multiple times during the Amazon.com Inc. Prime Day shopping event. More than half of shoppers...

Why over 80,000 people want Jeff Bezos to stay in space

Get out and stay out! That’s the message from a couple of irreverent Change.org petitions calling for Jeff Bezos to stay in space when he...

How to get Amazon Prime for free — or at a major discount — right now

MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through...

China’s New Power Play: More Control of Tech Companies’ Troves of Data

Shortly after rising to power in late 2012, Xi Jinping made his first company visit in his new job as China’s Communist Party chief, to...

10 ways to get the best deals during Amazon Prime Day 2021, according to deal pros

MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through...

Amazon investors reject New York retirement fund’s call for a racial-equity audit, 10 other shareholder proposals

Amazon.com Inc. investors rejected all 11 shareholder proposals at the company’s annual meeting this week, but vote totals released Friday show that a significant number...

Weekend reads: What exactly is going on with big tech stocks?

After many years during which the most familiar technology companies pulled the entire stock market up with them, 2021 is turning out to be a...

PayPal sees record earnings, volume amid sustained e-commerce surge

This report has been updated to correct the data on transactions per active account and total transactions. PayPal Holdings Inc. saw a record amount of...

EBay says sales of sneakers and watches have accelerated, and trading cards are next

EBay Inc. says it has seen growth accelerate in two key categories, sneakers and watches, and the online e-commerce company is preparing for the sales...

Tesla and Big Tech are about to rev up the busiest week of earnings season

The busiest week of earnings season is about to kick off, with Tesla and Big Tech companies expected to dominate the headlines. The six largest...

Opinion: For its critics, Amazon can never do enough

Perhaps no company has permeated the lives of Americans more than Amazon has. Whether it’s household staples, an intelligent doorbell, cloud applications, Whole Foods —...

Marco Rubio backs Amazon union push, cites company’s ‘culture wars’

Amazon warehouse workers in Alabama got a surprise ally in US Sen. Marco Rubio, with the conservative lawmaker revealing on Friday that he supports their...

Amazon picks London for first checkout-free physical store outside the U.S.

Amazon AMZN, -1.03%, the world’s largest online retailer, has opened its first checkout-free grocery store in the U.K., allowing shoppers to pick up their goods...

Dow clings to gain, but tech stocks slide while Beige Book shows only modest economic uptick

U.S. stock benchmarks mostly were lower Wednesday afternoon, as technology shares weighed down the S&P 500 and Nasdaq Composite, after bond yields spiked and weaker-than-expected...

Opinion: Raise the minimum wage to $12 an hour

Democrats want to raise the minimum wage to $15 an hour to address inequality, but that might not be the best way to fix that problem. Conservative—and...

Nearly half of MyTheresa customers in the U.S. and Germany spend tens of thousands on luxury goods annually: Cowen

Cowen analysts conducted a survey of customers in the U.S. and Germany who shop on luxury e-commerce site MyTheresa, finding that about 45% typically spend...

Regulator objects to $9.2 billion sale of eBay arm in the latest move to protect online competition

In the latest move from regulators to protect competition in online marketplaces, the U.K.’s Competition and Markets Authority, or CMA, has objected to the sale...

Microsoft earnings: The SolarWinds hack may be a good thing for Azure

Microsoft Corp. got caught up into a massive cybersecurity attack late last year, but the unprecedented intrusion may actually end up being a positive for...

Why Amazon ‘was invented for the pandemic,’ and how AWS could be the most valuable company in the world

New York University Stern School of Business professor Scott Galloway previously believed Amazon.com Inc. would outlive the other biggest companies in tech. The COVID-19 pandemic...