Just ahead of Amazon’s important Black Friday and Cyber Monday sales, the company now faces a new, larger threat from its many critics in the labor and immigration movements. Over 40 groups said Tuesday they’ve created a new coalition called Athena to push back against Amazon on a variety of fronts. These groups include the immigrant-focused organizations Make the Road New …
Read More »Ben Fox Rubin
eBay is selling StubHub tickets marketplace to Viagogo for $4 billion
eBay said Monday it agreed to sell StubHub, its tickets marketplace, to Viagogo for $4.05 billion in cash. Like StubHub, Viagogo is a site for people to buy and sell tickets to live games, shows and concerts. While nearly all of StubHub’s customers are in the US, Viagogo’s are spread out in Europe, Asia and Latin America. The combined company …
Read More »Ahead of Black Friday, Amazon and Walmart set off a new battle over one
Game 7 of the World Series was a few hours away when Fanatics tech chief Matt Madrigal met me in the Manhattan office of his sports-gear company. His voice was filled with excitement as he talked about an expected surge in customer sales that late October day after the new champion won — he just wasn’t yet sure which team …
Read More »Need to send cash in the US? PayPal’s Xoom wants to help
PayPal is working to make it easier for people without bank accounts to get access to money transfers. The payment company said Tuesday that its Xoom business, which focuses on money transfers from the US to other countries, will now provide domestic transfers, too. Using Xoom’s mobile app or website, people can send friends and family cash that can be …
Read More »Amazon will launch new grocery store as alternative to Whole Foods
Amazon on Monday said it plans to open its first new brand of grocery store in California next year, as it amps up its ambitious push to become a bigger name in food. “Amazon is opening a grocery store in Woodland Hills in 2020,” an Amazon spokesperson confirmed to CNET on Monday morning, soon after the company published four new …
Read More »You can now sell your NFL tickets directly to StubHub in seconds
Perhaps your parents just made a sudden, unplanned visit from out of town, or Bill Lumbergh is making you work Saturdays. Maybe your team is just tanking. Either way, if you want to sell off your NFL tickets and don’t feel like waiting, StubHub is now offering the appropriately named Sell It Now feature. With this service, StubHub will pop …
Read More »UPS drone delivers medicine from CVS straight to customers’ homes
Now playing: Watch this: UPS drone delivers CVS prescription meds 1:18 UPS has been plowing resources into its drone deliveries business. UPS UPS has been speeding up its drone delivery work, announcing this year a new drone subsidiary and a growing list of new partnerships. Now, it’s starting to make an early push to test out shipping stuff directly to …
Read More »Amazon Fresh grocery delivery slashes monthly fee to $0
Online grocery delivery has so far failed to catch on in the US, but Amazon may have found a way to convince you to try it: free shipping. That’s right, the king of e-commerce on Tuesday said it dropped the fee for its Amazon Fresh grocery service from $14.99 a month (or $179.88 a year) down to zero. You still …
Read More »Amazon’s next
Amazon’s string of record quarterly profits appears to have collapsed after the company’s bold plan to speed up its shipping saddled it with more expenses. The world’s largest e-commerce company on Thursday posted third-quarter earnings that badly missed expectations, despite better-than-expected sales. Its revenue prediction for the all-important fourth quarter, during the peak holiday retail season, was also soft. Shares plunged …
Read More »Amazon now makes super
Amazon has maintained a program for years called “Add-on items,” which restricts certain inexpensive products from shipping unless you hit a $25 threshold. Amazon says the program has let it offer really cheap stuff that’s otherwise too costly to ship on its own. Well, it ends up that Amazon quietly shrank the size of its “Add-on” program, making it easier …
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