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Amazon CEO Jeff Bezos hints at tablet coming
Amazon founder Jeff Bezos in an interview later on Wednesday effectively confirmed plans for an Amazon-branded tablet. When asked, he used cautious language and said customers should "stay tuned" on what Amazon would do. He explained to Consumer Reports that the company would...
Amazon has no role in the sale of the old media company
Amazon CEO Jeff Bezos has agreed to purchase the Washington Post. The Amazon executive will pay $250 million in cash for the paper and all of the associated publications. Amazon itself isn't involved in the purchase, with Bezos becoming the sole owner when the sale is completed, following regulatory...
Amazon's Bezos not worried about color Kindle
Amazon won't try to copy the iPad with future versions of the Kindle, CEO Jeff Bezos said in an annual shareholders' meeting today. He stressed that the Kindle would emphasize e-reading and likened its role to that of a dedicated camera versus a phone camera. Just as a phone...
Amazon CEO sees Kindle and iPad separate
Amazon founder Jeff Bezos said in an interview published today that he doesn't consider the iPad to be in the same category as the Kindle. He acknowledged that there would be "a bunch" of tablets on the market but saw the iPad and its kind as a "different product category."...
Did Amazon hit a homerun with the Fire Phone? Or is it another shoehorned Android device?
During a small event in Seattle today, Amazon confirmed the numerous rumors circling the Internet about a smartphone from the company. The Fire Phone was introduced by CEO Jeff Bezos to a crowd of 300, showing off a number of features including a 3D display and Firefly. Electronista writers Mike and...
Dedicated phone button allows for product search, keeps history for future purchases
During the unveiling of Amazon's most recent piece of tech, the Fire Phone, Jeff Bezos introduced a feature called Firefly. The technology will allow phone users to search for items through the camera by holding a button on the phone. The accompanying app will pull up an Amazon listing for a product...
Amazon to deliver packages by drone
Amazon CEO Jeff Bezos on Sunday revealed a new service that could soon deliver Amazon orders directly to customers' doorsteps by unmanned aircraft. Bezos revealed Prime Air Sunday night on CBS' 60 minutes, telling CBS Anchor Charlie Rose that the company has been working on the technology in its Seattle...
Kindle hardware sold at cost, so Amazon breaks even
E-retail giant Amazon makes no profit on the sales of its Kindle Fire HD tablet or its Kindle Paperwhite e-reader. Amazon CEO Jeff Bezos confirmed this in an interview with the BBC today, making a point to highlight the differences between Amazon's device strategy and that of tablet market leader Apple,...
Despite the Amazon skin, new Kindle Fire impresses
At AT&T's Unwrapped event, Electronista got to spend a little bit of not-quite-hands-on time with the Kindle Fire HD 8.9, the bigger brother to the Internet retailer's Kindle Fire HD 7. The new line of Kindle Fires are Amazon's attempt at realizing CEO Jeff Bezos' goal of having "the best tablet at any...
Amazon CEO says ecosystem key to tablets, more
Most of those who have failed at tablets and other home electronics were too focused on the hardware alone, Amazon CEO Jeff Bezos said in an interview following the launch of the Kindle Fire tablet. He explained to TechCrunch that Amazon would do well with the Kindle Fire because...
Apple CEO named decade's best over Amazon, Google
A year-end wrap-up has named Apple chief Steve Jobs the CEO of the decade. The nod from MarketWatch put him ahead of other well-known tech executives that defined the period, including Amazon's Jeff Bezos and Google's Eric Schmidt. He also trumped those outside of the field,...
Net sales increased 28% for the year
Amazon on Thursday released its fourth-quarter earnings report, indicating a net income increase of 75 percent to reach $9.5 billion. CEO Jeff Bezos claims that "millions of people now own Kindles," although the company has yet to release specific distribution numbers for the...
More Kindle format support
Plans are underway to spread the Kindle format, and open up access to the dedicated hardware, says Amazon's CEO. Speaking at a Wired conference, Jeff Bezos has explained that Kindle books should continue to sell for $10 as they go on sale through the iPhone plus "other mobile...
Color Kindle years away
Amazon CEO Jeff Bezos, responding to a question presented at a shareholders meeting, has claimed that his company is unlikely to ever publicly reveal sales numbers for the Kindle, and according to Physorg. The executive also suggests a device utilizing a color display is still...
Amazon VOD and Kindle
Amazon is about to launch an on-demand video service, the company's chief Jeff Bezos said today at the Wall Street Journal's D Conference. Expanding on the company's existing Unbox download feature, the retailer will launch a paid streaming service "in the next few weeks,"...
Amazon Kindle Shortage
Amazon today took the unusual step of posting an open letter apologizing for the extended shortages of its Kindle e-book reader, also explaining the reasons behind the shortfall. Company chief Jeff Bezos notes that the e-paper device has essentially been sold out since just...
Investors react to Amazon result, passes Walmart market cap
Amazon has managed to achieve a surprise profit in the last quarter, with an operating income of $464 million and a net income of $92 million, amid skyrocketing sales. Both of these figures are a reversal of the operating and net losses of $15 million and $126 million for the same period last year, with...
Company points to foreign exchange rate issues, maintains execution excellent
Despite posting sales figures of $22.7 billion, e-retailer giant Amazon has posted a net loss of $57 million in its first quarter of business of 2015. Net sales increased 15 percent to $22.72 billion in the first quarter, compared with $19.7 billion in first quarter 2014. Excluding the $1.3 billion unfavorable...
Sales up 15 percent to $29.3 billion, Amazon Prime boost credited
Amazon released its fourth quarter and annual numbers today, through a its investor relations site and a web cast conference call. Prime service membership was called out as a key contributing factor towards increases in Q4 and full year 2014 numbers, with new Prime membership growing slightly faster...
iCloud attacks likely key subject of discussion
Apple CEO Tim Cook met with Lu Wei -- the chairman of China's State Internet Information Office -- during the latter's recent trip to the US, reports say. Lu is also said to have met with Facebook CEO Mark Zuckerberg, and Amazon CEO Jeff Bezos. It's unclear what Lu discussed with the executives.
Google Play Music All Access subscribers gain YouTube Music Key access
Google has rolled out its YouTube Music Key service to existing Google Play Music All Access subscribers. While the YouTube Music Key launch revealed its users automatically enrolled into the Google Play Music subscription, Google revealed yesterday that Music All Access users were also able to use Music...
Amazon fires back, continues to claim to be looking out for consumers
Some authors have begun to side with publisher Hachette in its struggle against Amazon. A letter, signed by almost 900 authors, is objecting to the way that Amazon is handling Hachette, saying that the fight is "harming authors who have nothing to do with this dispute to gain leverage." Amazon claims...
Duo attended 2013 event
Apple CEO Tim Cook and his senior VP of Internet Software and Services, Eddy Cue, may be headed to the 2014 Sun Valley media and finance conference in Idaho, scheduled for next week, according to an invitation list. The extension of invitations doesn't necessarily mean the pair will show. Both attended...
Possible June, July launch touted for launch as part of Prime subscription
Amazon's rumored music streaming service could be launching sometime this June or July, though it may have issues competing with Spotify, Beats Music, and other competitors, according to a report. Rather than aiming to provide a wide selection of music, including newer titles, it is rumored Amazon will...
Wall Street Journal sources believe Amazon phone will ship by end of September
Amazon is preparing to release its long-rumored smartphone in the second half of this year, claims sources of the Wall Street Journal. The retailer has allegedly demonstrated the device to developers in Seattle and San Francisco, with an official announcement planned for the end of June, and for the...
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