SAN FRANCISCO (Reuters) – Amazon.com Inc said on Wednesday it cut the price of its largest Kindle Fire tablet, part of an effort by the world’s biggest Internet retailer to get the device into the hands of as many consumers as possible.
The Kindle Fire HD 8.9 inch Wi-Fi tablet will now be priced at $269 in the United States, down from $299. The 4G wireless version now starts at $399, compared with $499 before, Amazon said.
SAN FRANCISCO (Reuters) – EBay Inc, operator of one of the largest online marketplaces, questioned the value of Google Inc’s main advertising service in a recent study.
EBay, one of the biggest Internet advertisers, released a study on Friday examining whether the paid search ads it bought on Google and that show up to the right of search results were worth the investment.
SAN FRANCISCO, March 8 (Reuters) – Luxury department store
operator Neiman Marcus is shutting its eBay Inc
store, a setback for the e-commerce company, which has
been trying to lure large retailers to its online marketplace.
Neiman launched a store on eBay.com in 2011 for its Last
Call outlet brand. It was one of a slew of large retailers that
eBay has attracted to its online marketplace in recent years, an
important part of the e-commerce company’s effort to compete
more with Amazon.com Inc. [ID: L2E8J7HR0]
SAN FRANCISCO (Reuters) – Google Inc began testing a same-day delivery service with retailers in recent weeks, the latest move into Amazon.com Inc’s e-commerce turf by the world’s largest Internet search company.
Google Shopping Express helps local retail stores sell products online and have the items delivered to shoppers the same day, according to a person familiar with the test.
March 5 (Reuters) – Same-day delivery, one of the hottest
e-commerce trends, is too expensive for most U.S. consumers,
raising the risk that this turns into another online shopping
fad that goes cold, according to a survey released on Tuesday.
The Boston Consulting Group recently asked 1,500 U.S.
consumers what would get them to shop more online and only 9
percent cited same-day delivery. Almost three quarters said free
delivery would do the trick, while half of the respondents said
SAN FRANCISCO, March 3 (Reuters) – Groupon Inc
under a new chief executive should look a lot trimmer with a
sharply reduced international arm, a more focused business – and
minus its large and once internally celebrated editorial staff,
analysts and investors say.
The exit of co-founder and CEO Andrew Mason – fired after
another disappointing set of quarterly results slashed Groupon’s
market value by a quarter – may usher in a new, more “serious”
era marked more by careful, painful decisions rather than
reckless geographical and market expansion.
SAN FRANCISCO (Reuters) – Groupon Inc under a new chief executive should look a lot trimmer with a sharply reduced international arm, a more focused business – and minus its large and once internally celebrated editorial staff, analysts and investors say.
The exit of co-founder and CEO Andrew Mason – fired after another disappointing set of quarterly results slashed Groupon’s market value by a quarter – may usher in a new, more “serious” era marked more by careful, painful decisions rather than reckless geographical and market expansion.
March 3 (Reuters) – A new show called “Alpha House,” whose
pilot filmed in New York late last month, has many of the
ingredients necessary for television success.
John Goodman, coming off notable roles in Oscar-winning
movies “Argo” and “The Artist,” is the star. Bill Murray did a
cameo. Stephen Colbert shot a teaser for the next episode of the
series, which is written by “Doonesbury” cartoonist Garry
SAN FRANCISCO, Feb 28 (Reuters) – Groupon Inc fired
Andrew Mason as chief executive officer on Thursday, ousting a
co-founder who captured headlines with his quirky style but
failed to reverse a crumbling share price or stop a gradual
erosion of its main daily deals business.
The leader in Internet daily deals launched a search for a
new leader to turn the company around, the same day its stock
slid 24 percent after a dismal quarterly results report.
SAN FRANCISCO (Reuters) – Groupon Inc replaced Andrew Mason as chief executive officer on Thursday, a day after posting dismal quarterly results, and appointed co-founder Eric Lefkofsky and board member Ted Leonsis as interim chief executives.
The daily deals company said on Thursday it has begun a search for a new CEO to lead the company, which is battling a crumbling share price, an ailing European business and cooling demand for the Internet coupons it specializes in.