Business

Google takes yet another run at e-commerce—and Amazon

Google executive Prabhakar Raghavan recently had an issue with his rose bushes. His wife took a photo of the plants on her phone, uploaded the image to Google, identified the culprit and followed a link for a fungicide. Then ...

Business

Amazon reports rare quarterly loss as online shopping slows

Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup.

Business

Alibaba earnings down as China tech giants face turmoil

Chinese e-commerce leader Alibaba Group said Tuesday that it posted lower profit but maintained steady revenue growth, indicating that a government crackdown on the country's tech giants was having little impact on its core ...

Business

Amazon 'Prime Day' spend soars amid reopening

Amazon's annual "Prime Day" online shopping bonanza racked up more than $11 billion in sales at the e-commerce platform, market tracker Adobe reported on Wednesday.

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