Amazon has reportedly won a $600 million dollar, 10-year contract to supply cloud computing services to the CIA. The online retailer will help the spy agency build a private cloud infrastructure to keep up with emerging technologies.
Computer programs can sometimes be better at spotting trends or dealing with consumers' intricate demands than human employees. But what happens when an algorithm fails? Putting too much authority into the virtual hands of a program can -- and has -- led to some epic fails.
On Friday, Best Buy announced a new price-match policy that will include such online competitors as Amazon.com. But the new policy falls short in one key respect: The retailer won't match a better price you find after you've made your purchase.
Amazon just released its fourth-quarter earnings report, announcing it had racked up $21.27 billion in sales -- an increase of 22% from a year earlier. But for all those billions in sales, it managed just $97 million in profits.
Never underestimate the expertise of the employees of Amazon: One man whose usual job appears to focus on promoting video game deals may very well be one of the world's leading authorities on waffle irons.
Target announced a bold new price-match program Tuesday, promising to give customers the same deals they find on online retailers such as Amazon and Walmart.com. The new policy is similar to the one Target tried during the 2012 holiday shopping season.
Macy's, Amazon and Sears have all agreed to fork over hundreds of thousands of dollars each in fines after the Federal Trade Commission busted them for passing off Rayon fabrics as genuine, environmentally friendly bamboo.
Netflix is the undisputed champ when it comes to streaming video. But there's one thing its competitors will do that Netflix won't: stream new releases. Will that be the company's undoing?
Monday was Free Shipping Day, and if you're not done with your holiday shopping, you could be forgiven for thinking you'd missed out on your last chance to get free shipping on gifts. But don't fret: There are still ways you can dodge those pesky shipping fees.
Monday was Free Shipping Day. So is Tuesday. In fact, every day is. No, not officially: The official event is Dec. 17, the last day retailers will guarantee a pre-Christmas delivery. But so many retailers always offer ways to get free shipping, they need a new gimmick -- like free returns.
The retail trend of showrooming is exemplified by the shopper who visits a store like Kmart to get a real-world look at a product, then goes online to buy it from a competing e-commerce site at a better price. But what if the Kmart competitor offering the best price is Kmart.com?
The battle for your holiday spending dollars is well under way, and it's not too soon to start handicapping 2012's likely winners. Some may be obvious (like Amazon), but others may surprise you. Here's how the holiday shopping season is shaking out across the retail landscape.
If you're looking for a way to save on gifts this holiday season, you might want to tap your credit card. No, not by charging up a big fat bill -- but by maximizing your rewards points. Here are six ways to do just that and in turn, stretch your gift-giving budget.
Amazon (AMZN) quietly made a big change to its Prime service this week, allowing some customers to subscribe on a monthly basis rather than committing to a full year.
Amazon has been rolling out a fleet of lockers for its customers since late last year -- a way to buy from the online retail king without having your item shipped to your home. Now, in an unexpected partnership, it's about install some of those locker banks inside Staples stores.