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Kindle Fire HD Is A Profitless Product For Amazon: But Why The Company Is Still Relying On It?

Yesterday, Amazon Q4 2012 earnings report came out from the tunnel. Really, the company's financial earning report wasn't as much impressive as it was expected earlier. Net income of the company dropped 45% to $97 million (or $0.21 per...

U.S. Accuses And Sues Apple For Conspiracy Over E-Book Pricing: Should Apple Be Worried?

The U.S. Department of Justice's Antitrust Division has accused Apple Inc. and 5 other publishers of conspiracy to limit competition for the pricing of e-books and filed a lawsuit against them. The lawsuit, filed in Manhattan federal court alleges that Apple and the...

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Future Retail Can’t Sell Its Assets To Reliance Retail: Singapore Tribunal

In a double victory for Amazon, the Singapore International Arbitration Centre (SIAC) has denied Future Retail's appeal to lift the temporary suspension...