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  • 10 21
    2014
    Updated
    Amazon.com Needs Stores To Become Profitable
    As most of us know by now, the Wall Street Journal has reported Amazon.com AMZN -1.59% is opening its first significant retail store: In New York City, at 7 West 34th Street. Forbes writer Claire O’Connor has visited the site and published a useful description for those of us who haven’t seen it.查看详细
  • 10 21
    2014
    Updated
    Amazon is biggest search rival
    Google chairman Eric Schmidt has said the firm's biggest rival in online search is e-commerce giant Amazon.Mr Schmidt fought back at claims that Google enjoyed unrivalled dominance of the online search market.

    "Many people think our main competition is Bing or Yahoo. But, really, our biggest search competitor is Amazon," he said in a speech in Berlin.

    Google is in the middle of a European Union probe into its search engine after anti-trust complaints.

    In February, it avoided paying what could have resulted in billions in fines when it agreed to give equal standing to rival services such as Microsoft in its search results.

    But Mr Schmidt pointed out that competition in the online world "isn't always like-for-like".

    "People don't think of Amazon as search, but if you are looking for something to buy, you are more often than not looking for it on Amazon," he said.

    "They are obviously more focused on the commerce side of the equation, but, at their roots, they are answering users' questions and searches, just as we are."
    Amazon's big move

    Amazon, the world's largest online retailer, has been in the news recently for moves beyond its core e-commerce business.

    In August, it bought live-streaming gaming network Twitch Interactive for about $970m (£603m), marking the biggest acquisition its 20-year history. Google was earlier reported to be in talks to buy Twitch.

    However, even though Google holds the dominant position of accounting for more than 90% of the online search market, Mr Schmidt said he was still wary of the "next Google".

    "Someone, somewhere in a garage is gunning for us. I know, because not long ago we were in that garage. Change comes from where you least expect it," he added.查看详细
  • 10 21
    2014
    Updated
    EBay considering spinning off PayPal: Report
    EBay is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources.

    Shares of the online retailer jumped nearly 4% to $55.48 at midday.

    EBay told potential candidates for the position of PayPal chief executive officer, a post that David Marcus vacated in June, about a possible spinoff of the payments unit, the website reported. Marcus is now a Facebook executive.查看详细
  • 10 21
    2014
    Updated
    Car seat sensors able to tell if you're falling asleep
    Here’s another thing we could put into our new, future smart cars: seats integrated with sensors that can tell from your heart rate if you’re too tired to drive a car. Technology like that would help us avoid car accidents and other incidents on the road, which is why a team from the UK is looking into it.查看详细
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