Ecommerce

Is Amazon Really an Awful Place to Work?

A lengthy New York Times article published on Sunday, described Amazon as a draconian place to work. But is it a fair characterization of the tech giant?

Liberty-Owned QVC Acquires Zulily for $2.4B

Liberty Interactive Corporation announced Monday that it had entered an agreement to purchase e-commerce brand Zulily for $2.4 billion, in a cash and stock deal. The acquisition will be attributed to Liberty’s QVC Group, the shopping television channel.

Amazon Unveils Card-Swiping Device

Amazon unveiled a $10 credit-card reader and app for bricks-and-mortar stores, the latest step to expand its presence in the physical world.

Amazon Launches One-Hour Delivery Service in London

Amazon.com Inc launched its one-hour delivery service, Prime Now, for select areas of London on Tuesday and said it would expand the program to additional cities in the United Kingdom by the end of the year.

Amazon Shares Surge After Wide 3Q Beat

Amazon.com Inc. reported a rare profit for its third quarter, thanks in part to its fast-growing cloud-computing division, while sales surged more than expected.