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BUSINESS
December 16, 2013 | By Salvador Rodriguez
Amazon.com is continuing to offer customers new deals on its Kindle Fire HDX tablets, with the most recent promotion giving consumers the option of paying for the gadget in four no-interest installments. The Seattle-based online retailer will let customers who buy the Kindle Fire HDX before Dec. 25 spread their payments across 270 days . Through the offer, customers can pay a fourth of their payment upfront, along with shipping costs and any taxes that may apply. The subsequent payments will then be automatically charged every 90 days.
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BUSINESS
December 14, 2012 | By Shan Li, Los Angeles Times
Stephen Kling is a devoted Amazon.com shopper, but lately he's been lured back to big-box retailers, buying items from Target and Office Depot. The reason? He can get same-day delivery. Using a smartphone app from EBay, the San Francisco corporate trainer can order products from a variety of bricks-and-mortar retailers and get the items hand-delivered to him that same day, often within an hour. Last month, he ordered a $250 Nexus 7 tablet computer, and it was delivered to him within 30 minutes - at his barbershop.
BUSINESS
January 30, 2014
Amazon's profit and revenue both grew in the latest quarter but its results fell below what Wall Street was expecting and shares of the world's biggest online retailer declined after-hours. Amazon has long focused on spending the money it makes to grow its business and expand into new areas, from movie streaming to e-readers and even grocery delivery. Investors have largely forgiven thin profit margins and zeroed in on the company's solid revenue growth and long-term prospects.
BUSINESS
May 5, 2008 | From Reuters
Amazon.com Inc. has sued the state of New York, challenging a new statute requiring Internet retailers based elsewhere to collect New York sales taxes. Amazon, the world's largest Internet retailer, said in a complaint filed with the state's Supreme Court that the new law, which was passed by the Legislature in early April, was unconstitutional, vague and overly broad. Through its "Associates Program," the company pays unaffiliated website operators around the country a commission if they advertise Amazon on their sites.
BUSINESS
December 17, 1998 | From Times Wire Services
Amazon.com Inc.'s stock soared 19% after an analyst set a $400 price target for shares of the fast-growing but money-losing Internet retailer. In a later "clarification" of his views, Henry Blodget of CIBC Oppenheimer & Co. stressed that he was looking at potential gains over a one-year time horizon, not a near-term explosion in the price of the volatile stock. Amazon.com rose nearly $60 in heavy trading on Nasdaq, hitting a record $301.75 before settling back to close at $289, up $46.
ENTERTAINMENT
February 29, 2008 | From the Associated Press
Even for an Oprah Winfrey book pick, "A New Earth" has been a sensation. About 3.5 million copies of Eckhart Tolle's spiritual self-help guide have been shipped since Winfrey, host of "The Oprah Winfrey Show," announced her selection four weeks ago. The book has topped the bestseller list on Amazon.com virtually from the moment Winfrey's choice was revealed, and it is the fastest-selling pick ever for Barnes & Noble Inc., according to a statement issued Thursday by Winfrey. It's also a record shipment in a four-week span for any book by Penguin Group (USA)
BUSINESS
December 3, 2013 | By Salvador Rodriguez
Cyber Monday is over, but Amazon.com is still promoting the Kindle Fire HDX by promising customers that it will donate $20 for every tablet that is purchased on Tuesday through Sunday, as part of Giving Tuesday. The offer applies when customers buy a 7-inch or an 8.9-inch Kindle Fire HDX through AmazonSmile , a program recently launched by Amazon. When a customer buys select items through AmazonSmile, the Seattle online retailer will donate 0.5% of the purchase price to a charity of the customers' choosing.
BUSINESS
April 11, 2014 | By Andrea Chang
After years of rumors, Amazon.com could finally be getting into the smartphone business. The Wall Street Journal reported that the Seattle e-commerce giant will release a smartphone in the second half of the year, citing people briefed on the company's plans. Those people said Amazon plans to announce the phone by the end of June and begin shipping units by the end of September. A smartphone would be the latest hardware addition for Amazon, which already competes against Apple and Samsung in the tablet space with its Kindle Fire.
BUSINESS
June 8, 1999 | RYAN CORMIER, TIMES STAFF WRITER
An Amazon.com ad in the New York Times Sunday that reprinted the newspaper's bestseller list added a new wrinkle to the testy legal dispute between the two companies. Online merchant Amazon uses the Times' survey on its Internet site and offers 50% discounts on books on the newspaper's list. But the Times on May 28 sent a letter to Amazon asking it to immediately stop using the list. Amazon responded on June 3 by suing the newspaper in federal court in Seattle.
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