Last week, billionaire Amazon founder Jeff Bezos and his wife MacKenzie pledged $2.5 million to help pass a referendum on same-sex marriage in Washington State. With the donation, the Bezoses became the largest public financial …
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Ebooks Suit Could ‘Wipe Out Publishing Industry As We Know It,’ Senator Says
The Department of Justice’s lawsuit against Apple and major book publishers could make it harder for young authors to get published, New York Senator Charles Schumer wrote in The Wall Street Journal.
Why Everyone Should Be Shopping Online—While in Actual Stores
“Showrooming,” the practice in which consumers check out merchandise in a physical store and then buy it at a cheaper price online, is the bane of brick-and-mortar retailers everywhere. It’s got to be extra insulting when …
Airline Already Collecting the Most Passenger Fees Wants $1 Billion More of Them Annually
In 2011, no U.S. airline pulled in more revenues from fees than Delta. The airline collected an industry-leading $767 million in reservation cancellation and change fees, and another $863 million in baggage fees. Delta isn’t …
Why Doesn’t Apple Get More Respect In the Stock Market?
Let’s talk about that other technology stock, shall we? You remember. Apple.
Apple has a problem. The opposite of Facebook’s problem. It’s undervalued and likely to stay that way. That’s pretty surprising given that, even …
Scan This! Target Encourages Shoppers to Scan Items with Smartphones Nationwide
Some shoppers have felt the need to stealthily scan items in stores with their smartphones. They’d rather not be accused of “showrooming,” the practice in which one scopes out merchandise in a brick-and-mortar store, only to …
Apple, L.L. Bean—and Especially, Amazon—Score Big in Online Shopping Satisfaction
Why You Should Be Happy Online Shopping Checkout Is Such a Hassle
According to the findings of a new survey, one of the biggest complaints among online shoppers regards the checkout procedure. Specifically: Having to enter payment and shipping information before finalizing a purchase. But is …
Online vs. Brick-and-Mortar War! Why You Can No Longer Buy Amazon’s Kindle at Target
Target started selling Amazon’s line of Kindle e-readers two years ago. Head over to Target.com now, though, and you’ll discover a wide assortment of e-readers, but not a single Amazon Kindle for sale. Kindles are being taken off …
Why You May Be Less Likely to Delete that Daily Deal
For many consumers, “daily deal remorse”—regret felt after getting caught up in the moment and biting on an offer from Groupon or LivingSocial for no good reason—has been replaced by what might be called “daily deal fatigue.” …
Netflix Horror Show: The Real Reason Shares Plunged 17%
As a purely financial matter, Netflix’s quarterly report should not have precipitated the absolute shellacking that the company’s stock suffered after-hours Monday, wiping out about $1 billion in shareholder equity. The company’s …
How Apple’s Steve Jobs and Book Publishers Cost Consumers Millions
The U.S. Department of Justice complaint against Apple and five major publishing houses reads like a case study: a powerful, entrenched industry desperately tries to confront an economic disruption caused by the rise of a new …
