Michelle Megna

In an emotional post in Amazon’s Kindle user form, CEO Jeff Bezos apologized for how the company handled illegally sold copies of two e-books — saying their erasure from users’ devices was “stupid, thoughtless and out of line with our principles.” The e-commerce giant recently removed two books that were already on customers’ Kindle devices […]

Amazon’s (NASDAQ: AMZN) reputation as one of the tech sector’s shining standouts during the recession may see some tarnishing after the e-commerce giant reported a 10 percent drop in second-quarter revenue, coming in below Wall Street estimates. Net income decreased 10 percent to $142 million in the second quarter, or $0.32 per share, compared with […]

AT&T’s (NYSE: T) second-quarter earnings modestly beat Wall Street estimates, thanks yet again to strong sales of the Apple iPhone, which also helped keep a record number of subscribers on board. The nation’s second-largest mobile carrier activated 2.4 million Apple (NASDAQ: AAPL) iPhones in the second quarter, up 29 percent from a year ago — […]

E-tail juggernaut Amazon is set to report earnings Thursday afternoon after the market closes, and analysts will be waiting to see if the company can continue to buck the recessionary trend. Looking at the numbers, analysts polled by Thomson Reuters, are expecting Amazon (NASDAQ: AMZN) to report second-quarter earnings of 31 cents per share on […]

eBay continues to feel the sting from a sour economy, reporting second-quarter earnings ahead of Wall Street estimates but shy of its performance a year ago. The company’s second-quarter profits dropped 29 percent to $327.3 million, or $0.25 a share, from net income of $460.3 million, or $0.35 a share in the same period last […]

Apple is scrambling to meet demand for the iPhone 3GS but analysts say the dilemma likely won’t harm the darling of the tech sector in the long-term. “We are currently unable to make enough iPhone 3GSes to meet robust demand, and we are working to address this,” Apple CFO Peter Oppenheimer said during the company’s […]

Does social media marketing boost the bottom line? The answer is a resounding “yes,” according to a recent study that cites a correlation between brands with social media campaigns and higher earnings. Companies that had the highest levels of social media activity — and engagement — increased revenues by as much as 18 percent on […]

Plastic Logic E-Reader device. Source: Plastic LogicClick to enlarge. Barnes & Noble is aiming to challenge rival Amazon.com head-on in e-books, this week announcing its answer to Amazon’s Kindle e-book reader and opening a digital bookstore that supports the iPhone, iPod Touch, BlackBerry and PCs. The largest U.S. book retailer said its new e-bookstore offers more than 700,000 […]

Amazon recently removed two books that were already on customers’ Kindle devices after a rights issue surfaced Last Friday, the Amazon (NASDAQ: AMZN) forum was rife with posts about the disappearance of George Orwell’s “1984” and “Animal Farm” from their Kindle e-readers. In their place, was a credit for the e-books. The irony was not […]

As investors and analysts await financial figures for eBay’s second quarter, sellers are likely to hear news Monday of policy changes that continue to reflect CEO John Donahoe’s strategy of streamlining the buyer experience and redefining the auction marketplace as a traditional e-commerce site. Chief among the expected announcements is a plan to replace eBay’s […]

Interactive marketing will near $55 billion and represent 21 percent of all marketing dollars spent in 2014 as advertisers shift money away from traditional media to search marketing, display advertising, e-mail marketing, social media and mobile promotions, according to a recent study. The trend is already underway, as more marketers this year are taking money […]

EBay live is dead. News came down from eBay that the annual pow-wow of the faithful, eBay Live, held in a different city each year, is being scrapped for smaller gatherings in different cities through out the year. While the announcement isn’t going to affect eBay sellers in a significant way, it bears mentioning because […]