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BUSINESS

Amazon and Other Potential Suitors Explore Peloton Deal

Business, Cara Lombardo & Miriam Gottfried & Dana Cimilluca, Published on 07/02/2022

» Peloton Interactive Inc is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker's stock slumps and an activist urges it to explore a sale.

BUSINESS

Advent, Permira Near Deal to Buy McAfee for More Than $10 Billion

Business, Cara Lombardo & Miriam Gottfried & Dana Cimilluca, Published on 08/11/2021

» Security-software company McAfee Corp. is nearing a deal to sell itself to a group including private-equity firms Advent International Corp. and Permira for more than $10 billion, according to people familiar with the matter.

BUSINESS

House Bills Seek to Break Up Amazon, Big Tech Companies

Business, Dana Mattioli & Ryan Tracy, Published on 14/06/2021

» House lawmakers proposed a raft of bipartisan legislation aimed at reining in the country's biggest tech companies, including a bill that seeks to make Amazon.com Inc. and other large corporations effectively split in two or shed their private-label products.

BUSINESS

Amazon Retools With Unusual Goal: Get Shoppers to Buy Less Amid Pandemic

Business, Dana Mattioli, Published on 18/04/2020

» Amazon.com Inc. is retooling its website to do the opposite of what made it one of the world's most powerful and dominant companies: Sell fewer items.

BUSINESS

Intuit Near Deal to Buy Credit Karma for $7 Billion

Business, Cara Lombardo & Dana Cimilluca, Published on 25/02/2020

» Intuit Inc. is nearing a deal to buy personal-finance portal Credit Karma Inc. for about $7 billion in cash and stock, in a move that would push the bookkeeping-software giant further into consumer finance, according to people familiar with the matter.

BUSINESS

Amazon Has Long Ruled the Cloud. Now It Must Fend Off Rivals.

Business, Dana Mattioli & Aaron Tilley, Published on 06/01/2020

» Amazon.com Inc. and Microsoft Corp. are turning up the pressure on each other as they battle to supply corporate America with remote computing power, stoking a fight that is expected to dominate the tech world over the next decade. Revenues from this business--known as cloud computing--jumped 246% in the previous decade, according to a 2020 estimate from research firm Gartner Inc.