August 24, 2011 |
Amazon.com Inc. upped the ante in its effort to overturn a new state law requiring all Internet sellers to collect sales taxes on purchases by California customers. The Seattle online retailer reported late last week that it contributed $2.25 million to the More Jobs Not Taxes campaign to qualify a referendum for the June primary election ballot. The contribution brought the company's cumulative investment in the campaign to $5.25 million. The referendum, if signed by at least 505,000 registered voters, would ask voters whether they want to uphold the law, which took effect July 1, or repeal it. Amazon is asking for a repeal, saying the California law is an unconstitutional interference with interstate commerce.
September 11, 2012 |
On the eve of Apple's expected rollout of a new iPhone, Amazon has slashed by half the price of a Galaxy S III smartphone for new activations. The Seattle online retailer is selling the 16-gigabyte version of the phone for $99 for those who sign up for a two-year service contract with wireless carriers AT&T, Verizon and Sprint. Amazon said the offer was for a "very limited time" but did not specify when it would expire. Amazon is also offering smaller discounts for those who already have an account with one of the carriers and want to upgrade to the Galaxy S III. Purchasers of the Sprint and Verizon versions of the phone can save $50 and AT&T buyers can save $20. Users can also get a discount if adding a family line, knocking the price down to $119 for the Sprint version and $139 for Verizon.
January 21, 2011 |
The world's biggest online retailer is now competing more directly with the nation's biggest DVD rental service. Amazon.com has agreed to acquire the shares it does not already own in Lovefilm International, a DVD and online film rental service similar to Netflix that operates in Europe. The Seattle company already holds a 42% stake in Lovefilm, which is headquartered in London and Luxembourg. Financial details were not disclosed, although the Financial Times said the deal values Lovefilm at about $317 million.
February 22, 2011
Amazon.com rolled out a streaming TV and movie service for its prime customers, taking a direct shot at fast growing rival Netflix. Amazon announced Tuesday that its prime customers, who pay $79 a year for free two-day shipping, can choose among 5,000 TV shows and movies such as "Syriana," "Doctor Who: Season 4," and "Analyze This" to stream through computers and devices such as Roku. Netflix shares fell 4 percent in opening trade on Tuesday while shares of Amazon were down 2.6 percent.
September 13, 2012 |
The 7-inch Kindle Fire HD is set to start shipping to customers Friday and is already available for pre-orders. If you're thinking about getting this new tablet, join us Thursday afternoon as I open up the unit Amazon just shipped us to review. LIVE KINDLE FIRE HD UNBOXING: Join us at 2 p.m. today With the 7-inch Kindle Fire HD, Amazon is going toe-to-toe with the Google Nexus 7 that came out this summer. On paper, the new Amazon tablet sounds impressive and looks like a vast improvement over the original Kindle Fire, but does it hold up in person?
May 24, 2012 |
SEATTLE — Amazon.com Inc., addressing issues that have drawn heavy criticism of the company, told shareholders that it planned to improve warehouse conditions and drop its membership in a conservative public-policy organization. More than 100 protesters rallied outside the company's annual shareholders meeting Thursday at the Seattle Art Museum, calling on the Internet retailer to pay more taxes, treat its workers better and drop its membership in the American Legislative Exchange Council.
December 5, 2013 |
Jeff Bezos' announcement that Amazon hopes to eventually deliver packages to customers using little flying drones has caused a mini-uproar. From journalists to members of Congress, people are telling Bezos, "Wait just a gosh darn minute, mister!" Among those forwarding legislation to deal with the issue is Rep. Ted Poe (R-Texas). In comments on the floor of the House of Representatives, Poe said: "Think of how many drones could soon be flying around the sky. Here a drone, there a drone, everywhere a drone in the United States.… The issue of concern, Mr. Speaker, is surveillance, not the delivery of packages.
July 17, 2011 |
Greed, we are told by the moral philosophers, brings out the worst in human beings. As Amazon.com is about to prove, the same rule applies to big corporations. Last week, the giant online retailer announced that it was backing a ballot referendum to overturn a new state law mandating that it collect the sales tax due on purchases by its California customers. That law, which was signed by Gov. Jerry Brown at the end of June, was designed to eliminate the price advantage enjoyed by Amazon, and many other online retailers, over brick-and-mortar stores.
November 21, 2012 |
Black Friday and Cyber Monday are fast approaching, but according to one research group, consumers have crowned the retailer they think provides the best value: Amazon.com. The online retailer has many of its brick-and-mortar competitors hustling to compete. Rivals such as Best Buy, Wal-Mart and Target have unleashed holiday initiatives such as price-matching guarantees, same-day delivery and shopping aisles synced with smartphones through QR codes . Target trailed Amazon in second place in the BrandIndex report from consumer research firm YouGov.
January 25, 2012 |
The companies with the most positive buzz last year include retail brands such as Target, automakers such as Ford and tech giants such as Apple. YouGov BrandIndex rated the companies by asking survey respondents throughout the year whether they had heard anything about the brands recently through advertising, news or word of mouth. The most in-the-now businesses, in order: 1. Subway 2. Amazon 3. History Channel 4. Google 5. Cheerios 6. Lowe's 7. Ford 8. Discovery Channel 9. Target 10. Apple Top-ranked Subway was the only dining establishment to crack the top 10, with its increasing emphasis on fresh and healthy ingredients and sodium reduction while maintaining its reputation for budget meals . Amazon landed high because of its Kindle Fire launch and dominance of online retailing.