SEATTLE -- Since its earliest days, Amazon has put investing in new business ahead of expanding its profit margins, often to shareholder chagrin.
At the company's annual meeting here today, Chief Executive Jeff Bezos repeated the mantra, and listed more than a dozen areas into which the online giant is pumping its resources.
"We are still thinking of this as day one," Bezos said of the company that first sold shares to the public 16 years ago and now has 88,000 employees and 209 million active customers. "In fact, I think the alarm clock is … Read more
Amazon plans to begin shipping the 7-inch and 8.9-inch Kindle Fire HD tablets next month to over 170 countries.
In an announcement Thursday, the Internet giant said that the Kindle Fire tablets are now available for preorder through the company's Web site and that shipments will start June 13.
The Kindle Fire HD 8.9 is available for preorder today and is priced at $284, whereas the 7-inch version retails at $214.
People who write fan fiction could find a paying market for their work courtesy of Amazon.
Unveiled Wednesday, Kindle Worlds is a new publishing venture from Amazon that promises to reward both writers and the original rights holders for new fiction based on existing stories and characters.
Authors who create works of at least 10,000 words in length will receive 35 percent of the net revenue based on the actual sales price, with royalties paid each month. Those who write shorter pieces between 5,000 and 10,000 words will receive a digital royalty of 20 percent of the sales price.… Read more
The latest fad for tech companies' new office buildings seems to involve making them as far-out and avant-garde as possible. And Amazon is the newest firm to jump on that train.
The e-commerce giant and gadget maker unveiled a slew of new drawings (PDF) on Tuesday that reveal a series of colossal, mirrored, biospherelike domes alongside a taller rectangular building that could be its new campus. The designs were created by architecture firm NBBJ and also include a copious amount of green space and landscaping.
The intent behind the design, according to the project proposal (PDF), is to "create an alternative environment" where "employees can work and socialize in a more natural, parklike setting."
"The generative idea is that a plant-rich environment has many positive qualities that are not often found in a typical office setting," the proposal says. "While the form of the building will be visually reminiscent of a greenhouse or conservatory, plant material will be selected for its ability to co-exist in a microclimate that also suits people." … Read more
While most companies are making the jump from Web to mobile, NextGuide, the app that tells you when and where your favorite shows are on, has decided to go the opposite way. The social TV guide for iOS is now available on the Web.
NextGuide Web has the same functions as the iPad app and aims to bring together live TV and streaming videos. Users can pick their favorite shows and keep track of when, and where, the shows are available online or on TV.
"There's a lot of confusion around TV," said Jeremy Toeman, the CEO … Read more
Prior seasons of "Grimm," an NBC fantasy drama based on the Brothers Grimm fairy tales, are available Thursday on Amazon, as is USA Network's "Suits" and "Covert Affairs." NBC's "Hannibal" psychological thriller will be available later this year, and Syfy's "Defiance" will be available early next year. USA Networks and Syfy are both owned by NBCUniversal.
All previous seasons are exclusive to Amazon, and Prime … Read more
While it appears Netflix is continuing to grow as the dominant video streaming service in the U.S., its competitors are also growing, according to Internet research firm Sandvine.
Video streaming, or "real-time entertainment," is on the rise overall and those companies involved are seeing their businesses grow. However, their market share has remained static. According to a survey (pdf) released Tuesday by Sandvine, Netflix has 32.3 percent of the market share, while YouTube has 17.1 percent, Hulu has 2.4 percent, and Amazon has 1.31 percent. And, those numbers haven't changed … Read more
Apple violated antitrust laws by colluding with book publishers to raise the price of e-books in an effort "to strip retailers of pricing authority," federal prosecutors said in a court filing released Tuesday, according to Bloomberg.
In an antitrust lawsuit filed by the U.S. Department of Justice in April 2012, the government accused Apple and five book publishers of conspiring to illegally fix e-book prices to boost profits and force e-book rival Amazon to abandon its discount pricing. All five of the publishers involved -- Hachette Book Group, HarperCollins Publishers, Simon & Schuster (owned by CBS, which … Read more
Google I/O begins this week, so the rumor mill churned out a few goodies for us to take a look at.
The long-rumored Amazon phone might actually be two phones, with one supposedly sporting 3D hologram images. Um, why? And finally, the debate on whether the next Xbox will require an always-on Internet connection might finally come to an end, at least … Read more