Sony has announced it will be adding Amazon streaming video to the PlayStation Network. The move indicates a strong shift toward video game console-makers creating all-encompassing media devices.
Shares of Los Gatos, Calif.-based Netflix were down more than 4 percent Wednesday following a day earlier announcement that Comcast was jumping into the online streaming foray.
The battle for the Christmas shopping pie has hardened between retail behemoths and online shopping firms, with most retailers coming up with shopper-friendly offers to lure holiday customers.
Amazon.com Inc., the world's largest Internet retailer, on Wednesday reported second-quarter profit rose 29 percent, beating analysts' expectations, citing stronger sales in the U.S. and abroad amid co