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| April 30, 2017

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Amazon Posts Bigger-Than-Expected Increase in Profit

April 28, 2017 | posted a 41% rise in first-quarter profit, even as the company is spending heavily on everything from international expansion to video content. Shares climbed 4% after hours as the results beat Wall Street estimates. US Business

Would You Put an Amazon Camera in Your Bedroom?

April 26, 2017 |

Amazon wants you to install a WiFi-connected camera in your bedroom, bathroom, or wherever you regularly get dressed. You read that correctly. CNBC reports the idea of the newly announced Echo Look was so weird the site originally thought it was a joke. Amazon is billing the Echo Look as…

Are Amazon and Netflix Preventing the Next Tarantino?

April 13, 2017 |

The Hollywood studio system being what it currently is—hope everyone’s excited for the eighth Fast and Furious installment this Friday—it’s unlikely Reservoir Dogs would have been able to secure theatrical distribution in 2017. But that wouldn’t be its only option in the modern world. Quentin Tarantino could have…

Wal-Mart charges ahead in online retail market dominated by Amazon

April 10, 2017 |

Dissenters were quick to react when ModCloth, an online seller of trendy women’s clothes and accessories, was acquired by retail giant Wal-Mart Stores Inc. last month.

“You have disappointed us all,” one reader commented under a blog post by ModCloth co-founder Susan Gregg Koger announcing the…

L.A. Times – Business

Amazon Could Owe Parents More Than $70M

April 6, 2017 |

If your child racked up purchases in the Amazon Appstore without your permission between 2011 and 2016, the company might owe you some money. The Federal Trade Commission and Amazon settled on a deal Tuesday in which the company will pay around $ 70 million to parents whose children made in-app…

Monkeys Help Man Survive 9 Days Lost in Amazon

March 25, 2017 |

Maykool Acuña spent nine days lost in the rainforest—possibly due the machinations of an evil tree sprite—but was kept alive by a group of helpful monkeys. National Geographic , whose reporter was embedded with the team searching for Acuña, has the highly improbable story. Acuña was inside Madidi National…

Don’t trust the list prices on Amazon, Consumer Watchdog says

March 20, 2017 |

After a barrage of lawsuits directed at the online shopping industry, it appeared Amazon Inc. was starting to phase out list pricing, a controversial practice accused of deceptively inflating how much consumers save through the e-commerce giant.

But a study commissioned by Consumer Watchdog finds…

L.A. Times – Business

Amazon Employee Nearly Kills Internet With Typo

March 3, 2017 |

The internet came crashing down Tuesday due to a single typo made by an Amazon employee in Virginia, the Wall Street Journal reports. According to CNN , the employee was trying to fix a problem with the S3 billing system. S3 is part of Amazon Web Services, which hosts hundreds of…

Amazon Defends Alexa’s 1st Amendment Rights in Murder Case

February 25, 2017 |

Does Alexa have First Amendment rights? That’s one of the questions at the heart of a legal battle between Amazon and Arkansas police. Victor Collins was found dead in James Bates’ hot tub back in 2015, and Bates has been charged in his friend’s murder. Believing an Amazon Echo found…

Wal-Mart’s online sales jump 29% as it works to make inroads against Amazon

February 22, 2017 |

The nation’s largest retailer keeps working to make headway against the largest online seller.

Wal-Mart Stores Inc. drew more shoppers to its namesake stores in the United States and its online sales soared 29% in its fiscal fourth quarter, which covers the crucial holiday shopping season. That’s…

L.A. Times – Business