"This investment is a tremendous vote of confidence in our business from the people who know us best, our current board members and investors," he said in a memo viewed by CNET. "They have reviewed our plans for 2013, and they are enthusiastic enough to want to commit additional financial resources through this round."
The financing followed a "competitive process" in which … Read more
The e-commerce and payments giant today officially rolled out its Web site redesign, the biggest change in its history. eBay first introduced the new features, which it says creates a more personalized experience, in October. Since that time, eBay has allowed site visitors to opt in for the new design. Starting today, users no longer have the option to use the older design, but eBay says the new site is "more intuitive."
One feature, dubbed Feed, curates a user's favorite items on a personalized page … Read more
Here's one way to get into Milla Jovovich's shorts. Amazon launched its Entertainment Collectibles store today, selling celebrity memorabilia just in time to capitalize on the frenzy created by the Grammys and the Oscars.
One item for sale is the stained pair of shorts worn by Jovovich in "Resident Evil: Extinction." They can be yours for the low, low price of $2,999.99.
They're just one of more than 350,000 collectibles featured at the new store, according to a press release from Amazon. … Read more
Bruce Livingstone, who founded microstock powerhouse iStockphoto more than a decade ago and left it in 2009, is trying again with a new stock-art sales venture called Stocksy.
And he's doing it at a time when iStock is, if not necessarily vulnerable, the target of criticisms that it's out of touch with the army of photographers who contribute the imagery it licenses. To succeed, a microstock needs lots of customers licensing its photos, videos, and other works, and it needs a lot of contributors supplying a steady stream of fresh material.
It's these contributors Livingstone appears to … Read more
A group of Republicans and Democrats yesterday reintroduced a federal bill that could cost online retailers and customers more money.
The Marketplace Fairness Act would allow states to require online vendors to collect sales and use tax on certain out-of-state purchases. Only businesses with less than $1 million dollars in annual U.S. sales would be exempt.
The bill was debated by the Senate last year but went nowhere. Now a group of 35 House members and 18 senators are trying again. And they're optimistic the bill will pass this time, according to The Hill.
The bill's top … Read more
Amazon announced today that it's adding a new batch of CBS and Showtime reruns to its video-streaming service.
The new additions to Amazon's Prime Instant Video service include "America's Next Top Model," "Everybody Loves Raymond," "Jericho," "The L Word," "Undercover Boss," and "United States of Tara." This selection builds on the existing licensing agreement between Amazon and CBS (the parent company of CNET).
"CBS was one of our earliest content partners for Prime Instant Video and our Prime customers have consistently told us how … Read more
Amazon proved No. 1 among consumers shopping for the holidays via their mobile devices, according to a new report from analytics firm ForeSee.
Released today, ForeSee's "Mobile Satisfaction Index: Holiday Retail Edition" awarded Amazon a score of 85 out of 100 based on satisfaction among shoppers who used its mobile retail store.
Apple tied with QVC for second place with a score of 83. After that came NewEgg, Victoria's Secret, Barnes & Noble, Footlocker, HSN, Costco, and Hewlett-Packard to round out the top 10.
The poll specifically focused on the 25 largest U.S. mobile retailers … Read more
Analysts had expected earnings of 19 cents per share on $280 million in revenue.
Net income in the quarter soared 66 percent to $11.5 million, compared with net income of $6.9 million for the fourth quarter of 2011.
Even though gross profit margins edged down to 37.9 percent from 41.2 percent a year earlier, Wall Street may like the headway the … Read more
Amazon and Overstock are duking it out with New York state in a court battle over the issue of collecting sales tax.
In a case being heard by the State of New York Court of Appeals, attorneys for both retailers claimed yesterday that a 2008 New York law requiring them to collect sales tax on online purchases is unconstitutional, as reported by Reuters.
A 1992 Supreme Court decision found that retailers can't be forced to collect sales tax on out-of-state purchases unless they have a physical presence in those states. But the New York law skirted that decision. The … Read more
Airbnb, which helps people find vacation rentals all around the world, has more than doubled the number of available listings in the last year, and now boasts more than 300,000 total listings globally (up from 120,000 at the beginning of 2012), including 500 castles and 200 treehouses.
The company unveiled some impressive growth numbers today, including the fact that of the 4 million people who have used the online and mobile service since 2008, 3 million used it in 2012 alone. Among the 300,000 listings now available to rent are also 4,000 cabins, 1,000 boats, … Read more
Technically Incorrect
Technically Incorrect
Internet & Media
840Facebook Likes
469Tweets
277Google Plus Shares
The one stop shop for all things iPhone
What's the #1 music streaming-app for iOS? Who wins in an iPhone v. S4 faceoff? We've got it covered with iPhone news, rumors, app recommendations, and more.
Manage updates with the Download App