Tag: Etailing

EBay earnings beat expectations, but forecast underwhelms

EBay Inc. exceeded expectations with its financial results Wednesday but its shares fell 5.3% in after-hours trading after the company’s forecast for the holiday period came up short. The e-commerce company posted third-quarter income from continuing operations of $283 million, or 43 cents a share, down from $605 million, or 86 cents a share, in […]

Read More

Here’s everything new to Amazon Prime Video in November 2021

Amazon Prime Video is dropping its biggest original series of the year in November, along with some returning favorites and a solid slate of movies. “The Wheel of Time” (Nov. 19) is the big-budget series adaptation of the best-selling fantasy novels by Robert Jordan that Amazon AMZN, -2.90% hopes can be its own version of […]

Read More

Saks e-commerce unit looks to go public at valuation near $6 billion

The fast-growing e-commerce business of luxury retailer Saks Fifth Avenue is aiming to go public soon at a valuation roughly triple what it was pegged at earlier this year, in a sign of the boom times for online department-store sales. Saks is interviewing potential underwriters this week for an initial public offering that could take […]

Read More

A California investment firm went from near ruin to managing over $100 billion: Its turnaround may offer solutions to the ‘Great Resignation’

An earlier version of this article included the incorrect year of death of one of WCM’s key partners. The error has been fixed. The story also clarifies details related to the company’s late-1990s buyout when it had $200 million in assets under management. Portfolio managers Peter Hunkel, Paul Black, Mike Trigg, and Sanjay Ayer of […]

Read More

5 reasons ‘Squid Game’ is dominating memes, streams and Halloween

Note: While this piece avoids specific “Squid Game” plot spoilers, it does give a general overview of the story and its themes that could still be considered spoilers.  The Korean survival drama that’s poised to become Netflix’s most watched series of all time has spread its tentacles into sneaker and tracksuit sales, WallStreetBets meme culture, […]

Read More

Amazon-backed EV company Rivian files for IPO

Rivian Automotive Inc., which is working on electric delivery vans for Amazon.com Inc. in addition to electric trucks for consumers, filed for an initial public offering Friday. Rivian launched the R1T, an electric pickup truck meant for consumers, in September. The company said in its filing with the Securities and Exchange Commission that it intends […]

Read More

The way you type, swipe and behave can now protect you online better than a strong password

Hackers seem to have perfected the ability to nab your online-shopping passwords. But, so far, they haven’t found a way to learn the cadence with which you type them.   Retailers, and the cybersecurity companies that help them, are increasingly turning to invisible indicators known as behavioral biometrics to fight e-commerce fraud. Behavioral biometrics are behind-the-scenes […]

Read More

Amazon warehouse workers facing quotas protected by new California law

California has become the first state in the nation to regulate working conditions related to quotas at Amazon.com Inc. warehouses. Gov. Gavin Newsom signed Assembly Bill 701 on Wednesday. The new law, which will take effect at the beginning of next year, would make it illegal for companies such as Amazon AMZN, +1.09% to punish […]

Read More