CNET Apple plans to expand availability of its first smartwatch to more countries by late June, CEO Tim Cook said Monday. The company currently sells the Apple Watch, which officially went on sale Friday, in Australia, Canada, China, France, Germany, Hong Kong, Japan, the UK and the US. “Right now demand is greater than supply, …
Read More »
James Martin/CNET Apple has made a substantial move to give more of its huge cash stockpiles back to shareholders, announcing Monday it increased its capital return program to $200 billion. The company raised its share repurchase authorization to $140 billion from $90 billion. It also increased its quarterly dividend by 11 percent, to 52 cents a share. Apple’s previous program …
Read More »
Comcast apparently didn’t like the signals it was getting from US regulators about its proposed merger with Time Warner Cable. Getty Images Comcast said Friday that it has terminated its $45.2 billion merger plans for Time Warner Cable, with the marriage of the top two cable operations in the US likely quashed by opposition from regulators. Still, it appears another …
Read More »
Amazon CEO Jeff Bezos says the company’s cloud services business is still growing fast. CNET Amazon CEO Jeff Bezos has been one of the industry’s big spenders as he strives to make the company all things to all people, fashioning Amazon as a grocery store, entertainment producer and device maker. The company on Thursday reported results for the first three …
Read More »
eBay eBay’s year got off to a strong start, with the company on Wednesday reporting better-than-expected sales and some lower costs, likely benefiting from previously announced job cuts. The e-commerce pioneer also said its planned spinoff of PayPal will happen in the third quarter this year. The company previously disclosed that the split would occur sometime in the second half …
Read More »
What the future of Amazon deliveries may look like. Amazon In case receiving your purchases at your doorstep within an hour isn’t convenient enough, Amazon now has a new answer: deliveries to the trunk of your car. The Seattle e-commerce giant said Wednesday that it’s starting a small test program in Germany — along with German delivery company DHL and …
Read More »
A page for Amazon Destinations for a New York customer. Amazon Amazon rolled out a new service Tuesday to help people plan and book local getaway trips through its website. The service, called Amazon Destinations, provides lists of locations near a user’s home for short-term trips, offering hotel bookings, as well as information on dining and attractions. For instance, for …
Read More »
HILLSBORO, Ore. — Mark Bohr peers through the yellow-tinted windows outside D1D, one of Intel’s secretive computer chip factories housed at its 300-acre campus here, about a 30-minute drive west from Portland. Dozens of upside-down U-shaped robots zip along the ceiling. Here and there, technicians wearing full-body clean-room outfits — more or less, hazmat suits without the gas mask — …
Read More »
BuyReviewsNow.com is one of the four websites Amazon sued for allegedly selling fake reviews. BuyReviewsNow.com Amazon has filed suit against four websites that allegedly sell phony product reviews that are placed on its main site, Amazon.com, marking the first time the company has taken legal action against such practices. The Seattle-based online retailer filed the suit Wednesday in a Washington …
Read More »
Amazon has been rolling out Prime Now to new cities every week for the past month. Amazon Next up for Amazon’s one-hour delivery service: Austin. The online retailer started its Prime Now rapid delivery service in December in parts of Manhattan, letting its Prime members order thousands of products — including batteries, paper towels and toys — through a mobile …
Read More »
