Amazon to Buy European Movie-Rental Service Lovefilm

by | Jan 20, 2011 | Towing

Amazon.com on Thursday announced it is buying Lovefilm, a European home-video distributor that some have called the Netflix of Europe. The deal will give the world’s largest online retailer a stronger foothold in digital-video …

Amazon Earnings Rise 16% as Electronics Sales Surge

by | Oct 21, 2010 | Towing

Amazon’s third-quarter profits rose 16% thanks to surge in sales of electronic products such as its Kindle e-reader, the world’s largest online retailer reported after the bell Thursday.
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