New research into U.S. consumer behaviors, specifically those of Gen Zers and millennials, found these groups love shopping online, crave luxury, and want online features that mimic real-life shopping experiences.
Amazon has scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by politicians.
Google, Amazon and other tech firms will have to tell companies how they rank their own or rival products on their platforms under new rules agreed by EU negotiators aimed at stopping unfair practices.
The UK subscription box market continues to go from strength to strength and the latest report on the sector, from parcels carrier Royal Mail, said it should reach a total value of £1 billion by as soon as 2022.
EU judges dealt a possible blow to an EU crackdown against tax avoidance by global multinationals on Thursday by annulling an order by the EU executive against a Belgian tax-break scheme for about 35 large companies.
The European Union is set to rewrite its two-decades-old copyright rules which will force Alphabet's Google and Facebook to share revenue with the creative industries and remove copyright-protected content.