Deepa's Feed
Jan 22, 2015

EBay’s breakup plans may open door for e-commerce M&A

SAN FRANCISCO, Jan 21 (Reuters) – EBay Inc’s plans
to break up into three different companies could accommodate
would-be suitors, signaling a potential merger fight after the
breakup.

The company plans to spin off its payments division, PayPal,
from its core marketplace division in the second half of the
year, making two standalone publicly traded companies that some
analysts say could be worth more than the combined entity.

Jan 21, 2015

EBay to cut jobs, sell enterprise unit ahead of PayPal split

SAN FRANCISCO (Reuters) – EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year.

The jobs will be cut across the marketplace, payments and enterprise divisions, eBay said on Wednesday in its fourth-quarter earnings report.

Jan 13, 2015

After awards coup, Amazon lands Woody Allen for TV series

LOS ANGELES/SAN FRANCISCO (Reuters) – Woody Allen will make his first foray onto the small screen, writing and directing an online series for Amazon.com, the latest coup by deep-pocketed cable and streaming companies in luring the biggest names in film to television.

The Internet retailer rolled out the news of Allen’s series on Tuesday, two days after winning its first major awards at the Golden Globes following years of experimentation with developing original programming.

Jan 12, 2015

Amazon’s Golden Globes give it new credibility in Hollywood

SAN FRANCISCO/LOS ANGELES, Jan 12 (Reuters) – Amazon.com
Inc’s success at Sunday’s Golden Globe Awards may help
it win over two key audiences: Hollywood’s A-list talent and the
shopping customers the retailer wants to join its Prime
membership program.

“Transparent”, about a divorced parent who comes out as
transgender to his three grown children, won a Golden Globe for
best TV comedy while lead Jeffrey Tambor won for best actor.
They are the first major wins for Amazon.

Jan 10, 2015

Amazon’s path to TV success takes cues from old school Hollywood

SAN FRANCISCO (Reuters) – Amazon (AMZN.O: Quote, Profile, Research) prides itself on being a company that breaks the rules, but its recent success in Hollywood also reflects an embrace of a more traditional, old-fashioned script.

The largest U.S. online retailer, which has spent heavily on original programming and boosted the marketing for its shows, is up for two Golden Globe Awards this Sunday. Its Amazon Studios division, launched in 2010 with skepticism, is now starting to enjoy critical acclaim.

Jan 3, 2015

Bad code update triggered Yahoo, Bing search crash: source

SAN FRANCISCO (Reuters) – Yahoo Inc and Microsoft Corp search engines temporarily went dark on Friday after Microsoft pushed out a bad code update and then struggled to roll it back, a person briefed on the outages told Reuters.

The outages were not caused by an outside attack, the person said, declining to be named because the discussion concerned internal Yahoo matters.

Jan 2, 2015

Analysis – Free delivery creates holiday boon for U.S. consumers at high cost

SAN FRANCISCO/CHICAGO (Reuters) – For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors.

During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon expanded their free-delivery options, adding more items eligible for free shipping. They also did away with minimum spending thresholds to qualify for the perk.

Jan 2, 2015

Free delivery creates holiday boon for U.S. consumers at high cost

SAN FRANCISCO/CHICAGO (Reuters) – For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors.

During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon expanded their free-delivery options, adding more items eligible for free shipping. They also did away with minimum spending thresholds to qualify for the perk.

Dec 30, 2014

In-store pickup does not save U.S. shoppers much time: study

SAN FRANCISCO (Reuters) – Major U.S. retailers including Target Corp and Toys ‘R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if any, time over in-store shopping.

According to a small study to be released on Tuesday by retail-intelligence firm StellaService, in-store pickup saved shoppers just 96 seconds on average compared with searching for items on their own. In a few cases, in-store pickup took longer.

Dec 26, 2014

U.S. retailers miss fewer Christmas deadlines: early surveys

SAN FRANCISCO (Reuters) – Major U.S. retailers missed fewer Christmas deliveries this year, according to two small, early surveys released on Friday, partly reflecting a year’s worth of investments made to avoid 2013′s last-minute shipping debacle.

This year, 7 percent of packages ordered online did not arrive by their promised delivery date, compared with 12 percent in 2013, according to a survey of 160 orders placed by retail-intelligence firm StellaService.

    • About Deepa

      "Deepa Seetharaman is a San Francisco-based reporter covering e-commerce companies, including Amazon.com Inc and eBay Inc. She previously covered the auto industry from Detroit and wrote about airlines, hotels and the U.S. stock market from New York. She joined Reuters in June 2008 after studying journalism and history at Northwestern University."
    • Contact Deepa

    • Follow Deepa