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Amazon passes $100bn annual sales mark

2016-02-01 13:44:00| Daily apparel & textile news and comment - from just-style.com

Amazon has emerged as one of the clear winners in the battle for holiday spend, after the online retail behemoth comfortably passed the US$100bn annual sales mark. 

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The Ratings Game: Amazon stock plunging after earnings, but analysts predict 27% gain

2016-01-30 16:17:53| Apparel - Topix.net

Shares of Amazon.com Inc. are spiraling toward their worst single-session percentage drop in 18 months after an earnings miss , but analysts remain adamantly bullish on the company and the returns it will drive for investors, with some brokerages even raising their price targets on the stock Friday. stock to $825 from $800 with an overweight rating.

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Controversial Ecuador oil deal lets China stake an $80 million claim to pristine Amazon rainforest

2016-01-30 06:42:55| Oil & Gas - Topix.net

Ecuador's President Rafael Correa, left, welcomes Paraguay President's Horacio Cartes during the IV Summit of the Community of Latin American and Caribbean States, CELAC, in Quito on Wednesday, Jan. 27, 2016. Andes Petroleum Ecuador, a consortium of two Chinese state-owned firms - China National Petroleum Corp. and China Petroleum and Chemical Corp. - on Wednesday purchased the rights to explore two oil blocks in the Amazon that cover an area of 500,000 acres.

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Report: Amazon Prepping Standalone 'Spotify-Killer'

2016-01-30 03:04:17| PC Magazine Software Product Guide

The New York Post says Amazon is prepping a new standalone streaming service to rival Spotify and Apple Music.

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Amazon Hiring Comedians, Engineers for Growing Audio Service

2016-01-29 22:22:40| IT Services - Topix.net

Amazon.com Inc. is ramping up its investment in podcasts and other radio-style shows to expand the types of programming it offers via Audible, the audio book company it acquired in 2008. Audible has recruited well-known comedians, along with radio and podcast producers for the initiative, and job postings suggest a significant global push.

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