July 20, 2010 |
There's more evidence that digital books are upending the publishing industry. Internet retailer Amazon.com Inc. says it is now selling 80% more downloaded books than hardbacks. Amazon's download format is for its Kindle electronic reader as well as other devices. "The Kindle format has now overtaken the hardcover format," said Jeff Bezos, Amazon's chief executive, in a statement. "Astonishing when considering that we've been selling hardcover books for 15 years and Kindle books for 33 months."
October 14, 2010 |
IMDb founder and Chief Executive Col Needham is a confessed movie nerd. Growing up in Manchester, England, his earliest memories were formed in movie theaters -- seeing "Star Wars" when it was released in 1977, he recalled, when the cinema was "so full that people had to sit in the aisles. " So when at age 12 he got his first computer -- a do-it-yourself kit -- he began using the new technology to keep track of the movies he had seen. "I'd be watching movies and would notice all of these connections between films.
April 26, 2001 |
The Securities and Exchange Commission is looking into the timing of a stock sale by Amazon.com Inc. Chief Executive Jeff Bezos, the company confirmed. Spokesman Bill Curry said Bezos has responded to the SEC's request for information about the sale of 800,000 shares of stock worth roughly $12 million. He declined to say what information the commission was seeking. Bezos filed documents Feb. 2 and Feb. 5 saying he intended to sell the stock. On Feb. 6, a Lehman Bros.
April 27, 2000 |
Amazon.com Inc. founder and Chief Executive Jeff Bezos has bought the top floor of an apartment building on New York's Central Park West for about $7.5 million, according to a person familiar with the situation. Bezos bought out all the apartment owners on the floor and plans to create one large residence in the building, at 25 Central Park West between 62nd and 63rd streets. Officials at Corcoran Group, which brokered the transaction, declined to comment. Bezos wasn't available for comment.
June 29, 2000 |
Amazon.com founder Jeff Bezos said that his company, the largest Internet retailer, will generate cash flow from operations in the rest of the year and that it therefore runs no risk of running out of money. Answering audience questions after speaking at a computer trade show in New York, Bezos said the Seattle company's U.S. bookselling business was profitable in the fourth quarter of last year and the first quarter of 2000. And he said that the combined U.S.
August 6, 2013 |
After the coffee. Before feeling like I'm back in college with a term paper due. The Skinny: Remember pulling all-nighters in college? Well that's what I'll be doing tonight. But that's later, so for now we'll focus on the day's headlines which includes more on the CBS-Time Warner Cable fight and Sony's message to a pesky shareholder. Also Jeff Bezos buys the Washington Post. Daily Dose: Over the next few days, analysts will no doubt start trying to put a dollar figure on the CBS-Time Warner Cable fight.
February 1, 2012 |
Despite strong sales of its Kindle devices during the holidays, Amazon.com Inc.'s fourth-quarter earnings missed expectations, sending the online retail giant's shares plunging in after-hours trading Tuesday. Amazon, whose shares rose $2.29, or 1.2%, to $194.44 in regular trading, reported its results after the markets closed. Its shares quickly fell more than 9% to $176.58 in after-hours trading. The Seattle e-commerce company said sales for the three months that ended Dec. 31 rose 35% year over year to $17.4 billion, which fell far short of what Wall Street analysts had expected.
August 8, 2013 |
In Thursday's paper, we looked at how Silicon Valley is reacting to the news that Jeff Bezos has acquired the Washington Post. As the news industry has floundered, Silicon Valley has taken note. It's been interesting in recent years to see how various companies and personalities have turned their attention to the woes of the news business. Last year, Bill Campbell, chair of Intuit and a director at Apple, played a key role in establishing the joint news innovation program between Stanford and Columbia universities.
December 27, 2000 |
Well, don't I feel foolish! Having read how Hillary Clinton was looking to rent a place to live in Washington, I wrote a column last week offering Hillary a great deal on my daughter's room when Elizabeth went to college. I thought it was a win-win situation. Hillary would get to hear genuine New York Yiddish expressions, such as, "You call that a bagel? Fuhggedaboudit. What are you, a freakin' mook?" And I could get the Secret Service to walk my dog.
July 23, 2009 |
"Earth's Biggest Selection" is getting bigger. Retail giant Amazon.com Inc. said Wednesday that it would acquire Zappos.com Inc., an online footwear and apparel company, in a deal valued at $807 million in stock. The acquisition would expand Amazon's empire by about 3 million products, including shoes, dresses, handbags and accessories. The Seattle company is one of the world's biggest online retailers -- hence the "Earth's Biggest Selection" slogan.