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Japan's Rakuten to shut China online shopping mall

Japan's top online retailer Rakuten said Friday that it was ending a shopping venture with Chinese Internet giant Baidu, blaming "intensified competition" in the growing e-commerce sector.

Intel's mysterious TV device sparks industry chatter

Buzz is building over Intel's secretive TV set-top box due out later this year, which the chipmaker claims will provide live and other content via the Internet, is easy to use, and boasts face-recognition technology so it ...

China e-commerce sales up 22% in 2010: report

Online sales in China, the world's largest web market, rose 22 percent in 2010 as price-sensitive consumers turned to the Internet for cheaper products amid rising inflation, an industry report said.

Amazon launches online shopping site in India

Online retail giant Amazon launched a new Internet shopping site in India on Wednesday, stoking already fierce competition in the fast-expanding "e-tailing" market.

Amazon taps growing Brazil e-reader market

US online retail giant Amazon began selling its advanced Kindle Paperwhite e-reader in Brazil this week, tapping into the biggest consumer market in Latin America.

Fresh anger over Amazon's UK tax bill

Internet giant Amazon on Wednesday came under fresh fire over its British tax status after official figures revealed it only paid £2.4 million ($3.6 million, 2.8 million euros)on UK sales of £4.2 billion last year.

Facebook's 'Like' button becomes force in e-commerce

Whether you just bought an airline ticket or a pair of jeans online, chances are an Internet search preceded the transaction. Now Facebook hopes to make its vast web of online social connections another central ingredient ...

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