EU to probe Google, Amazon, Facebook in digital market overhaul

Last Updated: Wednesday, May 6, 2015, 00:04

The European Union will announce a wide-ranging probe on Wednesday into how big technology companies such as Google, Amazon and Facebook use their market power as it considers whether to regulate them more tightly.

Microsoft coy on cloud profit after Amazon delivers

Last Updated: Friday, April 24, 2015, 09:33

Amazon.com Inc surprised investors on Thursday by disclosing for the first time that it makes a profit from its fast-growing cloud-computing business.

Amazon unveils new storage service Amazon EFS

Last Updated: Friday, April 10, 2015, 17:47

Amazon has announced the launch of its new storage service, Amazon Elastic File System (EFS), which provides a common file system for multiple (Elastic Compute Cloud) EC2 virtual machines on Amazon Web Services (AWS) through the standard NFSv4 protocol.

Amazon unveils move in local services

Last Updated: Monday, March 30, 2015, 23:52

US online giant Amazon said today it was launching a services marketplace offering to connect consumers with businesses offering anything from home improvement to piano lessons.

Amazon's Twitch says its site may have been hacked

Last Updated: Tuesday, March 24, 2015, 09:00

Amazon Inc`s Twitch unit said on Monday there may have been unauthorized access to some of its user account information, according to the live streaming gaming network`s official blog.

Alibaba opens US data centre in new challenge to Amazon

Last Updated: Wednesday, March 4, 2015, 23:39

Chinese online giant Alibaba will open a data centre in Silicon Valley, it said Wednesday, challenging US rival Amazon in the field of cloud computing.

Amazon sales rise in holiday quarter, shares jump

Last Updated: Friday, January 30, 2015, 05:37

Amazon.com Inc reported stronger than expected earnings on Thursday as North American sales surged during the crucial holiday quarter, sending its shares up 9 percent.

Amazon warns US FAA it could move more drone research abroad

Last Updated: Tuesday, December 9, 2014, 09:05

Amazon.com Inc plans to shift more of its drone testing outside U.S. borders unless it gets quick permission from U.S. regulators to conduct outdoor trials, the company said in a letter to the Federal Aviation Administration late on Sunday.

Britain targets multinationals that try to dodge taxes

Last Updated: Thursday, December 4, 2014, 09:19

Britain plans to introduce a tax to target multinationals such as Google Inc and Amazon Inc accused of using complex accounting schemes to cut their payments on earnings in the country.

Nasdaq ends brief post-holiday session at 13-year high

Last Updated: Saturday, November 30, 2013, 13:05

The Dow and the S&P 500 dipped in thin holiday trading on Friday, but technology stocks helped lift the Nasdaq to a 13-year high.

Harry Potter e-books released without encryption

Last Updated: Wednesday, March 28, 2012, 12:15

When the Harry Potter books finally went on sale in electronic form Tuesday, it was as if Harry himself had cast the "Alohomora" spell on them — the one that unlocks doors.