Independent booksellers in the US face a crisis long in the making, but the pandemic is accelerating the process. An iconic New York City store is seeking to buck the trend. Early signs suggest it’s...
Amazon, Apple, Facebook, Google and Twitter released their earnings for the latest quarter on Thursday. Apple’s performance was the most disappointing in the group as earnings dipped on weakness in iPhone sales. Five big technology...
Experts predict a double catastrophe in the Amazon rainforest if the coronavirus pandemic overlaps with the forest fire season. The Brazilian government has frozen climate funds and rolled back environmental regulations. Civil society groups and...
Billionaire Mukesh Ambani’s foray into Indian e-commerce with an online shopping platform called JioMart is expected to take on the likes of giants such as Amazon and Flipkart in the fast expanding sector. After upending...
Amazon just gave us an update on how rapidly its own delivery system is replacing UPS, the US Postal Service, FedEx, and other carriers in delivering packages from an Amazon fulfillment center to the door...
A slower transition to online shopping means Germany hasn’t yet seen the same huge number of store closures as the US and UK. Some top retailers, however, are now feeling the pinch amid a slowing...
In early December, Economy Minister Bruno Le Maire said France would give the EU until March to come up with a deal on taxing US internet giants. But ten days later he announced the tax...
Central bankers around the world are puzzled by the lack of inflationary pressures despite decent economic growth. Some of them are now blaming the so-called Amazon effect for the phenomenon. The Japanese central bank has...
The US Supreme Court ruled today that states may require out-of-state online retailers to collect sales taxes on merchandise they sell in that state. The decision overturned its 1992 decision – Quill Corp. v. North Dakota –...
So far, all data on the internet has had to be transported on an equal footing, above all at the same speed. In the US, that will change. Jörg Brunsmann asks why politicians are making...
Amazon battled states for years to avoid having to collect sales taxes. Walmart was on the other side of the fight, along with state revenue offices. Walmart had to add sales taxes to all its...
Netflix has reported its number of subscribers to have breached the 100 million mark worldwide. The news sent shares of the leading on-demand television service soaring. Netflix shares jumped more than 10 percent after the...
