The online giant has gone from being small businesses' worst enemy to their best friend.
By Dana Blankenhorn
Small merchants have long called Amazon.com (AMZN) a bogeyman. That's so 20th century.
Today, Amazon could be their only hope for competing with big box retailers like Wal-Mart (WMT). Small merchants also represent Amazon's "secret sauce" in justifying a PE of nearly 300 to skeptical analysts like Forbes' Martin Sosnoff.
When iOS 6 comes out in September, eager YouTubers will no longer see the built-in video app on their Apple devices. What's behind the divorce?
For years, anyone with an iPhone has been able to watch the latest viral video without opening a web browser, thanks to a built-in app. No more: Starting this fall when iOS 6 is released, the native YouTube app that's been bundled with every release of the iPhone and subsequent update since 2007 will disappear from apotentially more spacious homescreen. In a statement released by Apple (AAPL), the tech giant says its "license to include the YouTube app in iOS has ended," and that customers will still be able to access the streaming video player with Safari. For its part, Google (GOOG), which owns YouTube, says it's making a new dedicated YouTube app you'll be able to download at the App Store.
Why is Apple choosing not to renew the deal? Here, three theories:
Second-quarter revenue tops Wall Street's view, but shares fall as the company files a shelf offering to potentially raise $150 million.
By Chris Ciaccia
Zillow(Z) shares fell sharply in after-hours action Tuesday, despite the online real estate information company beating Wall Street's revenue expectations in its latest quarter on strength in its mobile and Web monetization efforts.
Seattle-based Zillow earned $1.3 million, or 4 cents a share, on revenue of $27.8 million for the three months ended June 30. Analysts surveyed by Thomson Reuters were looking for earnings of 4 cents per share on $27.14 million in revenue in the quarter.
Is it cloning or copyright infringement? The case between the two video game companies could set a legal precedent in the industry.
By Therese Poletti
Will social game copycats get some comeuppance?
A lawsuit filed on Friday by Electronic Arts (EA) against social game company Zynga (ZYGA) touches on a key issue in the development of lightweight social games: the outright mimicry of a concept of a game. At issue is whether Zynga went too far in its imitation of a popular EA game on Facebook, "The Sims Social," with its newest game called "The Ville."
If the case goes all the way to a trial, it could even set a legal precedent.
A court case is forcing Apple to divulge its closest secrets, including the origin story of the iPhone -- and abortive plans to build an Apple car.
Apple (AAPL) is "one of the world's most secretive companies," says Ian Sherr at The Wall Street Journal, and it's "finding there's a price tag in pushing its grievances against rival Samsung (SSNLF) in federal court: Disclosure." In its quest to prove that Samsung has stolen its designs for the iPhone and iPad, Apple's top officials have been forced to testify about their company's creative process and marketing campaigns, details of which have long been held close to the vest.
From an abandoned plan to build an Apple car to the Fight Club-like levels of security that surrounded the development of the iPhone, here are 5 secrets Apple revealed in its legal dispute with Samsung:
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[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
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