industry-trade Archives

Amazon in talks to buy online luxury retailer Net-a-Porter: Forbes

March 27, 2015 admin amazon, colorado, first-reported, industry-trade, luxury-retailer, negotiations, net-a-porter, new-commitment, strong-presence, valuation, women

(Reuters) – Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros ($2.16 billion) reported by the fashion industry trade journal, Forbes reported on Thursday, citing the person. Seattle-based Amazon has long eyed the high-end fashion retail sector and any deal for Net-a-Porter would mean a new commitment in an area where the company lacks a strong presence, Forbes said.

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FCC sued by broadband companies over net neutrality rules

March 24, 2015 creative another-outlet, chief, chief-executive, commission, facebook, federal, fifth-circuit, filed-lawsuits, industry-trade, internet, internet-users, largest-growth, seen-before, smartphone-user

By Alina Selyukh WASHINGTON (Reuters) – U.S. broadband providers on Monday filed lawsuits against the Federal Communications Commission's recently approved net neutrality rules, launching what is a expected to be a series of legal challenges. Broadband industry trade group USTelecom filed a lawsuit against the FCC in the U.S.