May 5, 2008 |
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.
December 17, 1998 |
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.
October 17, 2012 |
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 push out Kindle books across a wireless Internet connection. Amazon announced the launch Wednesday. A teacher or administrator can register students to the classroom's Kindles, sort them into groups for subject or grade level, then distribute readings accordingly.
February 29, 2008 |
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)
December 16, 2013 |
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.
December 3, 2013 |
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.
March 27, 2014 |
Amazon.com has sent out invitations to members of the media for an April 2 event at which the company is expected to unveil a video-streaming device. The online retailer is scheduled to hold the event in New York at 8 a.m. PDT, according to a screenshot of the invitation posted by Business Insider . The event is to be led by Peter Larsen, vice president of the company's Kindle division. "Please join us for an update on our video business," the invitation reads. VIDEO: Unboxing the HTC One (M8)
April 22, 2014 |
Amazon.com is rumored to be working on a smartphone that will go on sale later this year, and a report said Tuesday that users will be able to control the gadget by simply tilting it around in different directions. The rumored device is expected to include four low-power infrared cameras on its front side. Those cameras will allow the gadget to display 3-D effects on the phone's screen, as previously reported . But on Tuesday, tech news site BGR said that those cameras will also help the phone recognize the way users tilt it. By recognizing different tilts, the device will be controlled by users moving it around in different directions.
July 11, 2013 |
In the battle of the technology business mega-monsters, Apple Inc. has lost a round to Amazon.com. On Wednesday, a federal judge in New York ruled that Apple “conspired to raise the retail price of e-books” with the aim of cutting into Amazon's market share. The judge said Amazon may now seek damages from Apple. The federal prosecutor in the case claimed this was a big victory for consumers. Well, maybe yes and maybe no. Amazon has become the 800-pound gorilla in the publishing world - actually, make that 8 million . The company sells so many more books than anyone else that it has driven so-called bricks-and-mortar bookstores, both big and small, to near extinction.