Ecommerce

U.S. Supreme Court Rejects Apple E-Books Appeal

The U.S. Supreme Court on Monday declined to hear Apple's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as part of a settlement.

Yahoo Shares Rise on Alibaba Spinoff Decision

Yahoo shares rose after the company said it would go ahead with the planned spinoff of its stake in Alibaba Group Holding despite the risk that the deal might not be tax free.  

Expedia Profit Tops Expectations

Expedia Inc. on Thursday posted better-than-expected profit in its second quarter, as brands like its namesake and Hotels.com continued to drive bookings growth.

Report: Yahoo Not to Spin off Alibaba Stake

Reports Tuesday said Yahoo Inc is weighing a sale of its core business and will not sell its stake in Alibaba Group Holding Ltd, a sharp reversal that came after pressure from an activist investor.

Amazon Launches Etsy Competitor 'Homemade'

Amazon today is launching a new section of the site, called Handmade, aimed squarely at Etsy. The online giant even recruited potential sellers to Handmade directly from Etsy.

Amazon is Trading at an All-Time High, Again

Amazon, the power player in the online retailer arena, is apparently operating on all cylinders, as its stock is trading at an all-time high (its third) with no end in sight. 

Sneak Peak of Amazon Prime Day Deals

In honor of its 20th anniversary, Amazon has invented a holiday, known as “Prime Day.” To celebrate, the company said it will be offering more deals that Black Friday this Wednesday.