Overstock’s Byrne Defends Sale Of Personal Shares

After what he called an “unanticipated stir” among shareholders who questioned his sale of approximately 900,000 personal shares of Overstock, founder and CEO Patrick Byrne released a letter to shareholders defending the move.

Evine Shakeup Includes New CEO

Evine Live has appointed a new CEO and made a deal with its largest and most tenured vendor, The Invicta Watch Group (IWG), which will give the supplier a significant role in the multichannel retailer’s operations.

Amazon Expands Denver Tech Hub

Amazon is expanding its Denver Tech Hub and plans to create 400 new high-tech jobs in fields including software and hardware engineering, cloud computing and advertising.

Amazon Surges In Q1

Amazon surged past expectations in its first quarter, with both sales and earnings growing significantly. The company also revealed plans to push expansion of Prime free one-day delivery.

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