May 2 (Reuters) – Target Corp said on Wednesday it
will stop selling Amazon.com Inc’s Kindle devices, the
latest in a series of brawls between the companies fueled by
Amazon’s increasing competition with brick and mortar retailers.

“Target is phasing out Amazon- and Kindle-branded products
in the spring of 2012,” Target spokeswoman Molly Snyder wrote in
an email to Reuters. “We will continue to offer our guests a
full assortment of e-readers and supporting accessories.”

SAN FRANCISCO, May 2 (Reuters) – 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.

The move is part of a broader push by Amazon to produce its
own content, including video and e-books, to sell to its
millions of customers over the Internet.

SAN FRANCISCO (Reuters) – The roadshow for Facebook Inc’s initial public offering is scheduled to start on Monday, meaning the company’s shares should begin trading on May 18, a source familiar with the process said on Tuesday.

Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook’s closely watched journey to public markets, will be involved in the roadshow, another source said.

SAN FRANCISCO, May 1 (Reuters) – The roadshow for Facebook
Inc’s initial public offering is scheduled to start on
Monday, meaning the company’s shares should begin trading on May
18, a source familiar with the process said on Tuesday.

Founder and CEO Mark Zuckerberg, who has mostly operated in
the background during Facebook’s journey to public markets, will
be involved in the roadshow, another source said.

April 30 (Reuters) – Groupon Inc appointed two
directors for its board to replace Starbucks Chief
Executive Howard Schultz and venture capitalist Kevin Efrusy as
the company addresses criticism over its accounting practices.

Groupon said Robert Bass, a Deloitte LLP vice chairman, and
Daniel Henry, chief financial officer of the American Express Co
, would join its board, and they will serve on the audit
committee. Henry joined last Friday. Bass needs to be elected at
the June shareholders’ meeting.

SAN FRANCISCO (Reuters) – Amazon.com Inc’s stellar quarterly results are helping convince skeptics on Wall Street that a bout of intense spending is beginning to pay off for an Internet retailer trying to transform itself into a technology company.

Shares of Amazon leapt 16 percent on Friday, after it reported first-quarter earnings and margins late on Thursday that were well above investors’ most bullish expectations. The gains tacked on some $10 billion in market value and marked its biggest single-day gain since October of 2009.

By Alistair Barr

(Reuters) – Amazon.com Inc’s stellar quarterly results are helping convince skeptics on Wall Street that a bout of intense spending is beginning to pay off for an Internet retailer trying to transform itself into a technology company.

Shares in Amazon leapt 15 percent on Friday after it reported first-quarter earnings and margins well above investors’ most bullish expectations, tacking on some $10 billion in market value and marking its biggest single-day gain since October of 2009.

By Alistair Barr

(Reuters) – Amazon.com Inc’s quarterly earnings beat Wall Street’s most bullish expectations as the world’s largest Internet retailer brought costs under control, sending its shares up almost 15 percent.

Investors cheered first-quarter earnings that came in several times above average forecasts, saying the Internet giant, which has been spending aggressively on expansion, is beginning to rein in expenses.

SAN FRANCISCO (Reuters) – A recent acquisition spurt by Facebook Inc may add about a week to the social network’s journey to public markets, a source familiar with the situation said on Tuesday.

Facebook recently agreed to buy photo-sharing start-up Instagram for about $1 billion and on Monday the company said it would pay $550 million for hundreds of patents from Microsoft Corp.

SAN FRANCISCO, April 23 (Reuters) – Facebook Inc said its
revenue declined sequentially in the first quarter, the weakest
performance by the world’s largest social media network since at
least 2010.

Facebook, which is preparing for an initial public offering
that could value it at up to $100 billion, said spending roughly
doubled over the past 12 months, outpacing the 45 percent
revenue increase during the period.