Netflix founder and CEO Reed Hastings has big plans for making his company a major TV player both in the US and abroad. Michael Kovac/Getty Images Netflix has been using an ever-growing library of original programs and an aggressive international expansion to lure new customers to its streaming-media service. The results from the latest quarter …
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Walmart offers rival sale to Amazon’s Prime Day
Walmart is trying to be more aggressive online, hoping its website can shore up slow-growing in-store sales. Justin Sullivan/Getty Images Walmart is crashing Amazon’s birthday party. After Amazon unveiled a 20th anniversary sale called slated for Wednesday, Walmart said Monday that it too will be holding a sale the same day and temporarily cut its free shipping minimum on orders …
Read More »Is your shirt smarter than you?
The Hexoskin shirt might not make you run any faster, but it will provide the stats that show whether you’re reaching peak performance or mired in slacker territory. Sarah Tew/CNET The tight black tank top beamed a signal to my smartphone, chronicling every data point about my breathing, heart rate and movement. All while I slept. By the time the …
Read More »Amazon to celebrate 20th birthday with Prime Day sale
To celebrate Prime Day and an accompanying photo contest, Amazon commissioned local artists in every Prime-eligible country to create art inspired by its concept of #PrimeLiving. Here is the Tokyo piece by Whole 9. Amazon For Amazon Prime members, Christmas is coming early this year. To celebrate Amazon’s 20th birthday next week, the e-commerce giant is introducing Prime Day, offering …
Read More »Renee James, Intel’s highest
President Renee James holds the highest-ranking position any woman ever has held at Intel. Intel Intel President Renee James will step down to seek a CEO job elsewhere, ending a career of more than 25 years at the world’s largest chipmaker. The move, announced Thursday, means Intel will be losing its highest-ranking woman at a time when CEO Brian Krzanich …
Read More »PayPal sends $890 million to buy money
PayPal has made a few significant acquisitions since 2013, including purchasing Paydiant and Braintree. Getty Images PayPal unveiled its plans to buy money-transfer company Xoom on Wednesday, keeping up PayPal’s effort to touch just about every aspect of the digital payments world. The deal, with an enterprise value of $890 million, will expand PayPal’s global money-transfer services, likely giving PayPal’s …
Read More »Amazon says hola to Mexico with major expansion
Amazon.com.mx launched two years ago as an e-book store and, as of Tuesday, offers a lot more. Justin Sullivan/Getty Images Amazon unveiled on Tuesday a big expansion of its Mexico storefront, launching the sale of physical goods and a third-party seller marketplace on the Spanish-language site amid an e-commerce boom in the country. Amazon.com.mx — which launched two years ago …
Read More »Londoners can now order nappies in an hour with Amazon Prime Now
Customers can order batteries, toys and sports equipment through Amazon’s Prime Now. Screenshot by CNET of Amazon.co.uk Amazon’s Prime Now rapid delivery service has made the jump across the pond. Starting Tuesday, people in certain London postcodes can start using the e-commerce company’s Prime Now mobile app, allowing them to order over 10,000 items for one-hour delivery. Orders can include …
Read More »PayPal dials back on robocalling
PayPal is clarifying its robocalling policy with plenty more details on why it would contact users. Getty Images PayPal said Monday it will make a handful of fixes to its user agreement, looking to quell a controversy that sparked over its new robocalling policy. Earlier this month, the digital payments company faced a torrent of criticism for adding new language …
Read More »Amazon, eBay ban sales of Confederate flag merchandise
eBay on Tuesday called the Confederate flag “a contemporary symbol of divisiveness and racism.” eBay/Screenshot by CNET Amazon and eBay — two of the most prominent online retailers in the US — said they decided Tuesday to ban sales of the Confederate flag and related merchandise on their sites. The companies made the change as a quick response to a …
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