Colin Gillis News
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Amazon.com Inc.’s Prime service, a linchpin of its effort to keep customers loyal and fuel long- term profit, has attracted fewer than half as many members as analysts estimate, three people familiar with the matter said.
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Amazon.com Inc. fell the most in three months after sales missed estimates, signaling that its investments in media services, Kindle devices and shipping promotions have been slow to pay off.
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EBay Inc. rose after the largest Internet marketplace reported sales and profit that topped analysts’ estimates, buoyed by a campaign to promote its retail offerings and broader use of the PayPal online-payments service.
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EBay Inc., the largest Internet marketplace, reported sales and profit that topped analysts’ estimates, buoyed by a campaign to promote its expanded retail offerings and broader use of the PayPal online-payments service.
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Jerry Yang is exiting the Yahoo! Inc. board and its management team, the latest casualty of an overhaul that led to the ouster of Chief Executive Officer Carol Bartz and left the company in search of strategic options.
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Google Inc. fell the most in more than three years after Larry Page delivered his first disappointing quarterly results as chief executive officer, showing that a mobile advertising push and weakness in Europe curtailed growth.
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Instead of running auctions for artillery shells, harpoons and zen gardening kits, a faster way for EBay Inc. to enrich its owners would be to split off PayPal.
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Amazon.com Inc., the world’s largest Internet retailer, reported a plunge in third-quarter profit after it ramped up spending on new products such as the Kindle Fire tablet. The shares tumbled 19 percent in late trading.
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Amazon.com Inc.’s escalating pursuit of Apple Inc. squeezed its profit forecast for this quarter, prompting investors to erase $13 billion from the company’s market value.
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Google Inc.’s challenge to Facebook Inc. in social networking, an effort analysts said will cost more than $200 million, probably slowed second-quarter profit growth for the world’s largest Web search engine.
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