Amazon pays $16 million tax in Germany, while making $11.9 billion sales

Internet retailer Inc.’s (AMZN.O) main German operating unit paid just 11.9 million euros ($16 million) in tax in 2014, despite the group recording $11.9 billion in sales to ... Read More
purse-io Immune to Brawker Amazon Wishlist Scam;”What Happens Under the Hood Actually Matters”

Following recent coverage of a potential exploit on services that rely on Amazon Wishlist for order fulfillment,, a Bitcoin service that allows users to “buy” goods on Amazon ... Read More
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Companies sign secret tax deals with Luxembourg: report

More than 300 companies, including PepsiCo Inc(PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn.DE), secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists ... Read More

Amazon posts big loss for Q3, shares tumble

As quarterly losses mount, uneasy investors are selling shares. Amazon stock is down 23% this year. Amazon had warned that it would lose bundles of cash in the third ... Read More

Amazon could be opening physical store

Amazon is entering a brave new world. In an unusual move for an online company, the retail powerhouse is reportedly setting up a shop. That’s right – a real, ... Read More
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Amazon to face EU investigation over Luxembourg tax deal

The European Commission is set to begin a formal probe into allegations that Luxembourg allowed Inc to benefit illegally from state subsidies for its European operations for almost ... Read More
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eSports is Amazon’s big bet on the future – Bottom Line

While eSports may look and sound like child’s play, it is in fact big business. Last year the industry attracted 71.5m online viewers worldwide, with Twitch being the destination ... Read More

Amazon snaps up live video startup Twitch for $970 million

26/08/2014(0) Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination ... Read More
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Amazon halts Disney movies preorders

A contract dispute between Amazon Inc. and publisher Hachette Book Group over some Disney movies has put into halt any pre-orders of them. Amazon has been on an ongoing ... Read More

Amazon to invest $2 billion more in India

30/07/2014(0) Inc (AMZN.O)  announced that is planning to invest a further $2 billion in India just a day after the country’s largest e-tailer Flipkart attracted $1 billion of fresh ... Read More
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