The Thrillist Media Group CEO on e-commerce, what went wrong at Fab, and why he believes his company can be a $1 billion business.
FORTUNE -- With 9 million active readers, Thrillist Media Group will bring in more than $100 million in revenue this year, according to chief executive Ben Lerer. During a recent visit to the Thrillist New York offices, Fortune asked him for his thoughts on the future of commerce.
It's the MOREJessi Hempel, writer - Feb 24, 2014 8:35 AM ET
Apple is "the best-looking girl at the party, forced to wear a bag over her head."
FORTUNE -- Unveiled by Steve Jobs in June 2010 with a promise of new generation of low-cost mobile ads that not only didn't "suck" but would have users coming back for more, the iAd platform was supposed to be Apple's (AAPL) answer to Google's (GOOG) AdMob.
But advertisers didn't exactly fall over themselves to fork over the minimum $1 MOREPhilip Elmer-DeWitt - Feb 19, 2014 7:47 AM ET
The Seattle tech giant's latest acquisition makes perfect sense.
FORTUNE -- For Amazon, launching a videogame console may be inevitable.
Last week, Amazon (AMZN) revealed it had acquired Double Helix. The Irvine, Calif.-based gaming company of 75 or so employees was founded in 2007, the result of two developers that developed software titles in the 1990s like Earthworm Jim and much more recently, the one-on-one brawler, Killer Instinct. The Double Helix acquisition comes on MOREJP Mangalindan, Writer - Feb 12, 2014 5:00 AM ET
Higher prices for the company's popular loyalty reward program could be a success, depending on the execution.
FORTUNE -- How much more would customers pay for an Amazon (AMZN) Prime membership?
That's the question Amazon is mulling over. During Thursday's quarterly earnings call, CFO Tom Szkutak announced that management might up Prime's $79 annual fee by anywhere between $20 and $40 due to increasing fuel and shipping costs.
The news surprised analysts. "The MOREJP Mangalindan, Writer - Feb 3, 2014 12:39 PM ET
"Tens of millions" of Prime members could find themselves paying significantly more for expedited shipping.
FORTUNE -- Despite another quarter of solid sales growth for Amazon (AMZN), the Seattle-based e-commerce goliath saw its stock slide over 8% in after-hours trading.
For the fourth quarter of 2013, profits grew to $239 million, or 51 cents per share, from $97 million the same period before. Revenues climbed 26% year over year to $25.6 million. Profits MOREJP Mangalindan, Writer - Jan 30, 2014 5:50 PM ET
Shipping boxes? Easy. Shipping perishable food? Different story. A look at what it's like to live on the edge in the logistics business.
By Jennifer Alsever
FORTUNE -- It all seems so simple: Hit the "place order" button online and get a head of lettuce, a dozen eggs, or a gallon of milk delivered to your doorstep within 24 hours. But behind the scenes, the burgeoning market of online grocery delivery involves MOREJan 21, 2014 3:20 PM ET
We talk to Tim O'Shaughnessy, chief executive of the couponing startup, shortly after he revealed that he would step down.
FORTUNE -- Tim O'Shaughnessy, the 32-year-old founder and CEO of the digital couponing site LivingSocial, announced last week he is stepping down from his job.
His company has been on a roller coaster, surging in value at the same time as its chief competitor, Groupon (GRPN), and falling back again just as quickly. MOREAdam Lashinsky, Sr. Editor at Large - Jan 17, 2014 5:00 AM ET
Its offerings of television shows and movies are mediocre at best, and competitors are catching up.
By Sanjay Sanghoee, contributor
FORTUNE -- At almost $338 a share, Netflix (NFLX) stock has surged more than fourfold since the start of last year. Next week, the video streaming company is expected to report earnings for the final quarter of 2013, but before investors get too excited, they should take a deeper look at the MOREJan 15, 2014 1:25 PM ET
Frontline's expose on insider trading is must-see TV. Apple makes a cameo appearance.
FORTUNE -- If you missed "To Catch a Trader," Frontline's TV documentary about insider trading that aired on PBS Tuesday, the attached 60-second clip will give you a taste of what you have in store.
Among the highlights in the full show:Philip Elmer-DeWitt - Jan 11, 2014 4:08 PM ET
The retailer's global e-commerce chief, Neil Ashe, sits down with Fortune's Adam Lashinsky in Las Vegas to talk struggles and strategy.
FORTUNE -- Amazon (AMZN) is the undisputed master of online retail. Wal-Mart (WMT) is a superstore juggernaut. For years, the two companies existed in relative isolation, an either/or proposition for shoppers.
Not for long. Increasingly, customers won't choose between buying online or offline -- they 'll want a retail experience that MOREJessi Hempel, writer - Jan 7, 2014 1:57 PM ET
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