Amazon Invests $175 Million In LivingSocial

Friday, December 3rd, 2010
There seems to be some excitement going on in the ecommerce field, at least in the US retail area., currently known as the largest online retailer, may be getting into a position where another giant may be entering on its market. It seems that online search giant Google, based on their recent acquisitions, may be trying to get a share of the online retailing market. Recent reports say that Google is on

Publisher Macmillan Returns To Amazon

Monday, February 8th, 2010
In the recent weeks, there was some conflict brewing over at It involved major publisher Macmillan and a dispute over e-book pricing. Amazon wants to remain with its standard pricing of $9.99 per e-book while Macmillan wants it higher at a $14.99 price tag. Both parties were in total disagreement for some time that it led to Amazon pulling out Macmillan book titles from its online store. But it wasn

Amazon Shelves Online Wine Selling

Monday, October 26th, 2009
Amazon has been known for selling books online. They have also been trying to introduce other products to sell online. One of those ventures was trying to go into wine selling online. But unfortunately, amazon is planning to shelve the idea. Amazon has ditched the idea of selling wines online and may have already informed their wine retailer partners about it. The plan to sell wine started around 2008. But then c

Dell Makes Millions Out of Its Twitter Page

Monday, June 15th, 2009
Dell may have shown just how potentially profitable having a Twitter page can be. At least it is something that Twitter itself has not yet solved. But while the people at Twitter may still be finding ways to generate revenue, other companies like Dell have made it work to their advantage the way that they know how. According to a blog post at Dell, their DellOutlet Twitter page has generated around $2 million wo

Best Buy Has New Rival

Wednesday, April 22nd, 2009
With the death of a competitor in the electronics market, here comes another. With the demise of Circuit City, it seems that the electronics giant Best is looking out after another possible rival in the consumer electronics market. Best Buy is currently refocusing its efforts on trying to match wits with another giant, the world’s largest retailer that is Walmart. Best Buy may have felt threatened in a way b

Obama Names Board of Economic Advisors

Wednesday, November 26th, 2008
President-Elect Barack Obama is inheriting the suckiest worst economic situation the US has had since the great depression.  His term officially starts in January but he is now busy appointing people to head up his teams that will give him advice and basically formulate policies on everything during his administration.   Of course the economy is on top of the list. President-elect Barack Obama on W

Youtube Jumps into eCommerce

Wednesday, October 8th, 2008
  Google’s acquisition of Youtube a few years back was one of the largest price tags paid for a startup.  More surprisingly, it was one of the largest acquisitions for a service that was not even a business.  Basically, Google acquired Youtube without a clear business model in sight. Fast forward to the present, Google has not yet gotten a return on investment for the acquisition of Youtube.&nb

eBay Acquires Billing and Classifieds Properties for More than $1.3 Billion and Downsizes Staff

Monday, October 6th, 2008
eBay Inc. announced today that they have acquired three properties today totaling over $1.2 billion. The largest acquisition was the U.S.-based online payments business Bill Me Later® for approximately $820 million in cash and approximately $125 million in outstanding options. The rest were both from Denmark, and, online classifieds and vehicles site respectively, for $390 million. "We

Amazon Press Release: None

Friday, June 6th, 2008
Update: They’re back up! And still no press release. Amazon is probably the biggest shopping ground on the internet. In terms of stores, it would compare to Wal Mart and its Superstores. Bad news for shoppers, Amazon is currently unavailable. The reason? Nobody knows yet. One would expect that for a service as big and as prominent as Amazon, they’d have at least a message saying even the stupidest thing

Baby for Sale on eBay Confiscated by State

Monday, May 26th, 2008
Some jokes should not be played. Remember that warning about saying bomb jokes in the airport? This is something like that. A woman (and apparently husband) tried to sell their baby on eBay. According to the mother, it was simply a joke. The unnamed 8-month old baby boy was taken into state custody while the mother will be going under investigation for suspicion of child trafficking. The eBay ad for the baby was o