If you’ve been waiting for a new Walmart supercenter to open in your town, don’t hold your breath. Walmart has become the biggest retailer in the world thanks to its 11,500 stores. But guess what? These days, the big-box operator is a little more interested in talking up its online persona, Walmart.com, which it hopes …
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Amazon Prime Reading gives members even more e
Amazon’s newest perk for Prime members goes back to its bookworm roots. On Wednesday, the company came out with Prime Reading, which provides a rotating library of over a thousand books, with current titles including “The Hobbit,” “Harry Potter and the Sorcerer’s Stone” and “The Millionaire Next Door.” The free service, available only to Prime members in the US, also …
Read More »Google Pixel shacks up with Verizon. Will it work? (The 3:59, Ep. 118)
Exclusive phone offers, for the most part, have gone the way of the VCR. Yet Google decided to bring its new Pixel phone exclusively to Verizon in the US. We examine the major reasons Google opted to make that move and debate whether it will work. (You can, by the way, also buy the phone unlocked through Google.) Also on …
Read More »Google’s Pixel is a superphone built to take on iPhone 7
Now playing: Watch this: Hands-on with Google’s Pixel and Pixel XL phones 2:03 This is the first official Google phone. Sort of. Google on Tuesday introduced its 5-inch Pixel and 5.5-inch Pixel XL phones, which represent the first time the company has taken full control of the handset development process. The Pixel will be the first phone built with Google …
Read More »Facebook Marketplace wants to be the new Craigslist
Now playing: Watch this: Facebook Marketplace attempts to take on Craigslist (again) 1:34 Enlarge Image Sceenshots of the new Marketplace. Facebook Dust off your Tiffany lamps. Facebook is throwing a giant neighborhood tag sale. The social network on Monday unveiled Marketplace, a new section of its mobile app that lets people list their furniture, cars and clothes for sale to …
Read More »Handmade at Amazon travels abroad
Bonjour, Handmade! Amazon’s hub for handcrafted, artisanal wares — from personalized rose-gold bracelets to reclaimed barn wood tables with steel pipe legs — is making its first move outside the US, and just in time for the holidays. The site, called Handmade at Amazon, expanded Thursday to the e-retailer’s five European marketplaces — the UK, Germany, France, Italy and Spain. …
Read More »The iPhone 7 costs Apple more than you think
All that new tech crammed into the new iPhone 7 isn’t coming cheap for Apple. Apple’s materials and manufacturing costs for the phone total $224.80, according to a teardown estimate by researcher IHS Markit on Tuesday. That’s up about 18 percent from the iPhone 6S, released last year. Apple kept the base price for its newest phone the same, at …
Read More »Walmart closes $3.3 billion deal for Jet.com
Walmart’s push to take on Amazon took a big step forward Monday. The big-box retailer closed its $3.3 billion acquisition of e-commerce retailer Jet.com, pulling off one of the biggest e-commerce deals ever and giving Walmart a new set of tools and talent to bulk up online. Still, Walmart now faces the difficult job of making this tie-up pay off …
Read More »Intel raises sales views after seeing new life in PC market
Interest in personal computers ain’t what it used to be, with PC sales generally sinking over the past few years. That trend is why people may be a little surprised by Intel’s decision Friday to raise its projections for quarterly revenue, thanks to improved demand for PCs. This is the first time the world’s largest chipmaker has made such a …
Read More »PayPal wants to become your daily money habit
PayPal has been annoying some of its customers for years. Instead of making it easy for folks to pay online using their credit cards, the digital payments company directs them to buy stuff with their PayPal balances and checking accounts. The end result has been both profitable for PayPal (because it avoids credit card networks’ higher fees) and a pain …
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