Amazon.com Inc’s expanding business of selling space on its site to merchants helped it double profits on Thursday, and some see the move as a step towards taking advertising dollars from Google and Facebook Inc.
Facebook shares rose on Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a recent mishandling of personal data.
Amazon is ramping up its presence in Brazil, but the Amercian giant may struggle to dominate the country's retail, according to a various industry insiders, who say Amazon's slow rollout gave rivals a chance to prepare.
Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday.
Amazon has launched what it is calling the "International Shopping" experience, allowing users to shop through its app and on mobile browsers in 5 languages and 25 currencies with more to be added later in 2018.
French electronics retailer Fnac Darty said it would roll out demonstration areas for Google products and services in all its stores, as it speeds up the integration of Google's voice assistant to fend off Amazon.
The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged anti-competitive abuses by big American tech companies, threatening as recently as last month to break up Alpha...