The U.S. tablet market posted an 8 percent decline in revenue during the back-to-school season, leaving the once-thriving product category in a tough spot as the holidays draw near.
Retailers who hope to get a leg up on the competition by opening on Thanksgiving Day are taking the wrong approach, according to a national expert in retail marketing and strategy in the University at Buffalo School of Management.
Publisher Hachette and Amazon ended Thursday an acrimonious feud over online book sales that highlighted Amazon's market dominance and fuelled protests from leading authors like John Grisham and Stephen King.
Twitter plans to set up shop in Hong Kong early next year, focusing on ad sales instead of the one-to-many messaging service banned in China.
Shares in Lenovo dropped by five percent Thursday after the Chinese technology giant posted weaker than expected revenue figures, despite a 19 percent jump in quarterly net profit.
US consumers are likely to spend $89 billion shopping online during the holiday season, a healthy rise despite fewer selling days, Forrester Research analysts said Monday.
Strong sales in the United States helped boost the global market for tablet computers in the third quarter, tracker IDC said Thursday.
Biotechnology company Amgen, facing pressure from activist investor Daniel Loeb, Tuesday unveiled plans to implement deeper job cuts, lift shareholder payouts and increase revenues to more than $20 billion in 2015.
SK Hynix, the world's second-largest memory chip maker, reported Thursday a record high quarterly net profit for the three months to September on strong sales and currency earnings.
The market for tablet computers is cooling off rapidly as consumers take another look at newer PCs and turn to large-screen smartphones, a market tracker said Wednesday.