Stereo headphones and tablets are expected to be the top technology gifts this holiday shopping season, according to a survey by the Consumer Electronics Association. So expect to see a lot of Beats headphones and tablets from Apple (AAPL) and Amazon.com (AMZN) being opened on Christmas day. The CEA estimates that holiday season spending on tech products in the U.S. will reach nearly $34.2 billion, up 2.3% from last season. Based on a consumer
EBay (EBAY) is getting clobbered in the stock market today after a report came out saying that Amazon’s (AMZN) September same-store sales growth beat that of eBay’s by far. E-commerce optimization firm ChannelAdvisor says that last month, Amazon’s comps grew 19.2% from last year, while eBay’s comps rose just 1.1% — well below the 15% growth that analytics firm comScore predicted and the lowest rate that eBay has seen since February 2011. EBay
Amazon.com (AMZN) could go live with a Web TV streaming service, says a report. “Over the past few months, multiple content owners have told me that Amazon has been quietly asking them about licensing content for a live streaming service,” wrote Dan Rayburn, in a blog at website StreamingMedia.com. Amazon Instant Video, operated by Amazon, first offered old TV shows and movies-on-demand but has expanded into original content, taking on Netflix