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Feb 24, 2015

Industry lobbyists take aim at proposed FAA drone rules

WASHINGTON/SAN FRANCISCO (Reuters) – Businesses hoping to capitalize on the commercial potential of drones are preparing to push back against proposed regulations that would strictly limit how the aircraft can be used.

During a 60-day public comment period on the rules, lobbyists representing a range of industries, from Internet giants Amazon.com Inc and Google Inc to aerospace firms and the news media, say they will try to convince regulators that cutting-edge technologies make some of the limitations proposed last week by the Federal Aviation Administration unnecessary.

Feb 20, 2015

Apple hiring big brains in car battery space

SAN FRANCISCO (Reuters) – A year and a half ago, Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) had applied for just eight patents related to auto batteries. Recently, it has hired a bevy of engineers, just one of whom had already filed for 17 in his former career, according to a Thomson Reuters analysis.

The recent spate of hires and patent filings reviewed by Reuters shows that Apple is fast building its industrial lithium-ion battery capabilities, adding to evidence the iPhone maker may be developing a car.

Feb 19, 2015

Apple poaching auto engineers to build battery division -lawsuit

SAN FRANCISCO, Feb 18 (Reuters) – Electric-car battery maker
A123 Systems has sued Apple Inc for poaching top
engineers to build a large-scale battery division, according to
a court filing that offered further evidence that the iPhone
maker may be developing a car.

Apple has been poaching engineers with deep expertise in car
systems, including from Tesla Inc, and talking with
industry experts and automakers with the ultimate aim of
learning how to make its own electric car, an auto industry
source said last week.

Feb 12, 2015

Exclusive – Survey: Trouble for Amazon Prime’s two-day deliveries?

SAN FRANCISCO/CHICAGO (Reuters) – Amazon.com Inc packages ordered by its Prime members regularly arrived late during the holidays, a Reuters/Ipsos survey shows, reflecting the strain on the logistics network that transformed the company into an e-commerce powerhouse.

Customer satisfaction with Prime is extremely high – 96 percent are happy with its two-day shipping service, the survey revealed. But the results raise questions for Amazon as it expands and takes greater control of its shipping system.

Feb 12, 2015

Survey: Trouble for Amazon Prime’s two-day deliveries?

SAN FRANCISCO/CHICAGO, Feb 11 (Reuters) – Amazon.com Inc
packages ordered by its Prime members regularly arrived
late during the holidays, a Reuters/Ipsos survey shows,
reflecting the strain on the logistics network that transformed
the company into an e-commerce powerhouse.

Customer satisfaction with Prime is extremely high – 96
percent are happy with its two-day shipping service, the survey
revealed. But the results raise questions for Amazon as it
expands and takes greater control of its shipping system.

Jan 30, 2015

AWS move, disclosure suggest Amazon yielding more to Wall Street

SAN FRANCISCO (Reuters) – After years of giving investors the cold shoulder, Amazon.com Inc (AMZN.O: Quote, Profile, Research) is starting to warm up to Wall Street.

The No. 1 U.S. online retailer was unusually forthcoming during its fourth-quarter earnings call on Thursday, saying it will break out results this year, for the first time, for its fast-growing cloud computing unit, Amazon Web Services.

Jan 29, 2015

Amazon sales rise in holiday quarter, shares jump

SAN FRANCISCO (Reuters) – Amazon.com Inc reported stronger than expected earnings on Thursday as North American sales surged during the crucial holiday quarter, sending its shares up 9 percent.

The online commerce giant, which gets about a third of its revenue from October to December, reported earnings of 45 cents a share, trouncing Wall Street’s average prediction for 17 cents.

Jan 28, 2015

Amazon ramps up enterprise push with email service

SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O: Quote, Profile, Research) accelerated its efforts to win over corporate clients on Wednesday by announcing an email and scheduling service that will compete with Microsoft Corp (MSFT.O: Quote, Profile, Research) and Google Inc (GOOGL.O: Quote, Profile, Research).

The service, dubbed WorkMail, will launch in the second quarter and has been developed by the company’s cloud computing unit, Amazon Web Services (AWS). It highlights Amazon’s efforts to convince deep-pocketed companies, called enterprises in tech parlance, to shift more of their work to AWS.

Jan 22, 2015

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

SAN FRANCISCO (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.

    • 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."
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