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New 'tech giant tax' to stop Facebook, Amazon taking profits overseas

New 'tech giant tax' to stop Facebook, Amazon taking profits overseas

UK to take international lead in an attempt to solve the knotty problem of forcing tech giants to pay their fair share of tax where they earn revenue.

  • by Nick Miller

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Bad Santa! Amazon shares tumble after disappointing Christmas forecast
Amazon

Bad Santa! Amazon shares tumble after disappointing Christmas forecast

Amazon.com issued a lower than expected revenue and profit forecast for the busy Christmas quarter, suggesting sales growth is slowing for the e-commerce giant.

  • by Spencer Soper
Businesses wait for Australia to become 'Amazon-ified'
Amazon

Businesses wait for Australia to become 'Amazon-ified'

Small businesses are happy to ride Amazon's wave until local shoppers come on board.

  • by Emma Koehn
'Tech is out': The day that cost Jeff Bezos $11.6 billion
Amazon

'Tech is out': The day that cost Jeff Bezos $11.6 billion

Tech titans just took one on the chin. The Nasdaq tumbled the most since 2011, erasing almost $47 billion from the fortunes of technology's 61 richest people.

  • by Reade Pickert & Jack Witzig
With Wall Street on edge, investors look to Amazon, Microsoft and Alphabet
Wall Street

With Wall Street on edge, investors look to Amazon, Microsoft and Alphabet

With investors jittery, the pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results.

Amazon plumbs the depths for storage space
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Amazon

Amazon plumbs the depths for storage space

Amazon has filed patents for underwater warehouses.

  • by Carolyn Cummins
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Amazon tipped to win $28b local market share through speed, not price
Amazon

Amazon tipped to win $28b local market share through speed, not price

Morningstar expects the US retail giant to account for 5 per cent of all retail spending in Australia by 2028.

  • by James Hall
EBay accuses Amazon of infiltrating its emails to poach top sellers
eBay

EBay accuses Amazon of infiltrating its emails to poach top sellers

EBay has sued its arch rival, claiming the world's largest online retailer infiltrated its internal email system to recruit high-value sellers

  • by Joel Rosenblatt & Spencer Soper
New Kindle Paperwhite is waterproof, stores more books
Amazon

New Kindle Paperwhite is waterproof, stores more books

Amazon has announced a new version of the Kindle Paperwhite, featuring a thinner and lighter design, more storage and LED lighting.

  • by Tim Biggs
Jeff Bezos loses $12.9b in one day as Amazon shares sink
Jeff Bezos

Jeff Bezos loses $12.9b in one day as Amazon shares sink

The fortunes of the world's wealthiest were pummelled by the global market sell-off, and none more so than that of the world's richest person.

Amazon sweetens pay rise for warehouse workers after uproar
Amazon

Amazon sweetens pay rise for warehouse workers after uproar

Amazon's recent pay rise announcement was initially lauded, then criticised when the details came out - so the tech giant has sweetened the deal.

  • by Spencer Soper