May 9, 2007 |
Online retailer Amazon.com Inc. and IBM Corp. settled all their patent infringement lawsuits and signed a long-term patent cross-license agreement, the companies said. Under the deal, Amazon.com will pay IBM an undisclosed amount of money, and each company will share some of their technology. Amazon.com said the settlement would not affect financial results.
October 8, 2009 |
Amazon.com Inc. is cutting the price of its Kindle electronic-book reader yet again and launching an international version. With Wednesday's $40 reduction on the Kindle, the device now costs $259. It debuted in 2007 at $399 and started this year at $359, before another price cut in July.
March 21, 2008 |
Amazon.com Inc. in Seattle apologized to buyers who had to wait as long as six weeks to receive the Kindle electronic reading device. Amazon.com sold out of Kindle devices in 5 1/2 hours after they went on sale in November and has been trying to increase manufacturing capacity, Chief Executive Jeff Bezos said.
July 18, 2003 |
Amazon.com Inc., Borders Group Inc. and other retailers were accused in a lawsuit of illegally using patented technology that uses shoppers' information to customize visits to their Web sites. Pinpoint Inc. sued the retailers in U.S. District Court in Illinois, alleging they have infringed four patents that cover personalization technology.
August 7, 2007 |
Amazon.com Inc. has opened its payment system to other websites in a move that would pit it against EBay Inc.'s PayPal. The program, called Amazon Flexible Payment Service, is in an initial testing period, Seattle-based Amazon said.