Wal-Mart is the world’s biggest retailer, but online, it’s still a relative piker. Now the company is trying to change that by opening up its Web store to other retailers–just as its biggest competitors already do. But no need for Amazon and eBay to start sweating just yet.
Figuring out Twitter’s business model may be complicated, but using the service isn’t: It’s fast, short and to the point. Unless you’re the world’s biggest retailer.
Last fall, the consumer electronics giant bought Napster. Now it’s assembling a fund for more M&A, to be headed by digital vet Ross Levinsohn. And for good measure, it’s in the market for a chief digital officer.
The smarter-than-they-look guys at CollegeHumor.com attract some seven million unique visitors a month, are making smart strides in Web video and have their own show on MTV. And when they’re not doing that, they monkey with Amazon.com.
Amazon won’t come out and say exactly what happened to it sales-ranking system over the past few days. But it is sorry, and it would like the Web and its customers to know that it wasn’t singling out books aimed at gays and lesbians.
Last fall, a small but vocal group of Twitterers managed to shame Johnson & Johnson into apologizing for one of its Motrin ads.
This weekend’s replay: a howl of outrage, amplified and directed via Twitter at Amazon, which may or may not have instituted a boneheaded policy regarding “adult” books on its site. Or “adult” books aimed at gay and lesbian readers. Or something.
No matter what really happened, the retailer is now in a real pickle.
Chris Anderson’s influential Web theorem says that endless choice equals unlimited demand. But a new study argues that most people want the same stuff–and no one wants that unpopular stuff, period.
Americans spent billions on CDs last year. But big-box retailers are increasingly uninterested in selling the discs in their stores. Newest data point: Borders Group, which has cut its music inventory by 30 percent in the last year.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
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