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Glitch in Amazon web servers causes problems for popular sites

Outage of several hours affected websites including Medium, Business Insider, Slack, and a large part of the US east coastAmazons S3 cloud service experienced...

Amazon ramps up business in Southeast Asia

Amazon Fresh could be coming to Singapore.Image: Kevork Djansezian/Getty ImagesAmazon's local services could be coming to Singapore soon, according to a new report....

Alibaba is counting on Katy Perry and Kobe Bryant to bring...

Kobe Bryant will head to China this month for Alibaba's big shopping event.Image: kevin winter/Getty ImagesChina's biggest shopping day is coming up this...

Amazon Makes No Profit on Kindles

Amazon doesn't make a dime in profit from sales of its Kindle e-readers and tablets, according to the company's founder and CEO Jeff Bezos. "We...

Amazon enters the student loan business

Amazon is entering the student loan business through a partnership with Wells Fargo.Image: Getty Images/iStockphotoNext time you're ordering your textbooks from Amazon, you...