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Wall Street jumps as hopes for easing lockdown offset earnings worry; Nasdaq registers fourth straight day of gains

Advancing issues outnumbered declining ones on the NYSE by a 3.19-to-1 ratio; on Nasdaq, a 2.54-to-1 ratio favored advancers.

Telecom shares drop 13%; surprise loser against other sectors as global lockdowns drive online sales from gaming to food delivery

In Asia, Africa, Europe and the Americas, a combination of high fixed costs, debt and market disruption has left telcos significantly underperforming the data-hungry businesses their networks carry

Historic Fed boost fails to stop Wall Street's virus-driven sell-off; S&P 500 on pace for worst month since World War 2

Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more US states into lockdown, overshadowing unprecedented moves by the US Federal Reserve to shore up credit across the economy.

Amazon to receive only vital supplies in US, Europe warehouses to free up inventory space for medical, household goods amid COVID-19 outbreak

In a note sent to sellers on Tuesday, Amazon said it is seeing increasing online shopping demand. As its household staples and medical supplies are running out of stock, it will prioritize certain categories in order to “quickly receive, restock, and ship these products to customers.”

Microsoft CEO Satya Nadella to visit India later this month; might meet PM Modi as well

Nadella is planning to be in India between 24 - 26 February and will likely visit New Delhi and Bengaluru.

Amazon wants Donald Trump’s testimony on president's order to 'screw' e-retail giant in favour of Microsoft in Pentagon deal

The Amazon.com Inc unit alleged that Trump exerted undue influence on the decision to deny it the $10 billion contract.

Amazon Music gains 55 million subscribers globally, close call with rival Apple Music at 60 million

Amazon launched an ad-supported free version last year, taking on Spotify that has nearly 140 million users on its free tier.

US Justice Department will reportedly investigate Google's Fitbit deal for antitrust issues

The deal will give Google the capability to take on Apple and Samsung in the market for fitness trackers.

Competition Commission gives a go ahead to Amazon to acquire 49 percent in Future Group-owned Future Coupons

As part of a pilot, Amazon Now does deliveries from 18 Future Group-owned Big Bazaar stores in Bangalore, Delhi, and Mumbai.

Amazon could challenge loss of $10 billion Pentagon cloud computing deal to Microsoft as early as next week: Report

If Amazon.com decides to fight the Pentagon’s decision to award a highly contested $10 billion cloud computing contract to Microsoft, it could act as early as next week