Amazon's new tablet, the Kindle Fire, is out as the world's biggest e-retailer taps into a burgeoning market now dominated by Apple's iPad. The Seattle-based online retailer will price it from $199, $200 below iPad2, and offer key entertainment features.
Netflix shares continued on the downward spiral Tuesday, down another 8.7 percent after Monday’s beating following CEO Reed Hastings' admission that the company had done a great job in confusing -- and alienating -- customers.
Amazon shares jumped nearly 5 percent after reports the e-retailer could open a book-rental service costing around $79 annually.
The battle for the Christmas shopping pie has hardened between retail behemoths and online shopping firms, with most retailers coming up with shopper-friendly offers to lure holiday customers.
Amazon.com Inc., the world's largest Internet retailer, on Wednesday reported second-quarter profit rose 29 percent, beating analysts' expectations, citing stronger sales in the U.S. and abroad amid co