• Best Buy’s 27 biggest early Black Friday deals of 2020

    Best Buy’s 27 biggest early Black Friday deals of 2020

    The best Black Friday deals at Best Buy came early, available both online and in-stores.
  • Consumer Electronics Show 2021 will be an all-digital affair

    Consumer Electronics Show 2021 will be an all-digital affair

    Las Vegas’s biggest convention is going all digital next year — a major blow to both the gadget industry and the gambling capitol of the world. The Consumer Electronics Show, which last year drew more than 180,000 attendees to the Las Vegas strip to check out the latest in robotics, TVs and even fake meat, …
  • Apple, Amazon offices in Italy searched in antitrust probe

    Apple, Amazon offices in Italy searched in antitrust probe

    The Italian offices of Apple and Amazon were raided Tuesday as the country’s antitrust authority opened an investigation into whether the companies engaged in anti-competitive practices. The probe is focused on whether the iPhone maker conspired with the e-commerce juggernaut to prevent electronics retailers not included in Apple’s official reseller program from selling its popular …
  • Best Buy stock falls 4 percent as it ups spending on delivery services

    Best Buy stock falls 4 percent as it ups spending on delivery services

    Best Buy said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services to support a surge in online shopping from people staying at home due to the COVID-19 pandemic. The company’s shares, which have gained nearly 60 percent in the last two …
  • Best Buy to furlough 51,000 store employees, cut pay of executives

    Best Buy to furlough 51,000 store employees, cut pay of executives

    Best Buy said on Wednesday it would furlough about 51,000 hourly US store employees and that its sales dropped about 5 percent in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic. The company said that starting next week, some corporate employees would …