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ENTERTAINMENT
May 15, 2011 | By Jori Finkel, Los Angeles Times
5: number of years left in Govan's contract with LACMA 14: number of books on Amazon.com that list Govan as a contributor 349: number of employees he oversees at LACMA 12,000: approximate number of artworks acquired since he started as director 637,299: LACMA attendance in 2006, year he started on the job 914,356: museum visitorship in 2010 $915,000: Govan's compensation for 2009-2010 fiscal year $1 million: bonus...
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BUSINESS
October 18, 2012 | By Laura J. Nelson
A free Amazon.com service that makes content-sharing easier on multiple Kindles could bring students one step closer to shedding their heavy backpacks. Called Whispercast , the service creates a single point to purchase and distribute Kindle e-books to students and office workers with wireless Internet connection. Amazon announced the launch Wednesday. A teacher or administrator can register students to the classroom's Kindles, sort them into groups by subject or grade level, then distribute readings accordingly.
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
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
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.
BUSINESS
February 15, 2001 | Michael Hiltzik
Amazon.com lost a round in its legal battle to protect its "one-click" patent. A federal appeals court in Washington lifted an injunction barring Barnesandnoble.com from implementing a similar system, which allows repeat customers to submit online orders with a single mouse click by storing their shipping and billing information and using it for every repeat order. Barnes & Noble declined to say whether it would now add the system to its Web site.
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.
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