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.
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.
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 20, 1999 |
Jeff Bezos, the Amazon.com founder whose company--while losing millions of dollars--has helped foster the point-and-click revolution that is changing the way Americans shop, was named Time magazine's person of the year Sunday. "This year it was easier than most," said Managing Editor Walter Isaacson. "Because there were two great themes of the year--online shopping and 'dot-com' mania. The minute we thought of Bezos, it was obvious that he embodied both."
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.
December 3, 2013 |
Amazon.com founder Jeff Bezos staged a technology demonstration over the weekend, aiming to show how quickly a half-baked idea with several years of obstacles ahead of it could garner fawning attention from the news media. Answer: about two nanoseconds. The idea is for the delivery of Amazon orders by little unmanned copters, or drones. Bezos calls it "Amazon Prime Air. " The judges are still conferring, but Bezos is expected to have lowered the previous record, set by Elon Musk of Tesla Motors in August with his proposal for a "hyperloop" rapid transit system between Northern and Southern California. Hyperloop enthralled techno-fans and not a few credible transportation experts before fading out of public consciousness, a few days after flaring into press.
March 10, 2000 |
Stung by widespread criticism of Amazon.com's patents on some of its Internet-based business methods, company Chairman Jeff Bezos on Thursday proposed a rewriting of U.S. patent laws to accommodate the lightning pace of innovation on the web. In an open letter posted on the online retailer's Web site, Bezos proposed cutting the term of patents on business methods and software to three to five years--much shorter than the existing term of 20 years from the date the patent is applied for.
August 5, 2013 |
Amazon.com founder Jeffrey Bezos, who revolutionized the book business, is now aiming to do the same with one of the nation's most storied newspapers. The Seattle billionaire has agreed to purchase the Washington Post for $250 million, saying Monday that he was "very optimistic" about the paper's future. The Post, like the newspaper industry as a whole, has been beset by a rapid decline in print advertising, a loss of subscribers and challenges in building up online revenue. In a letter to Post employees, Bezos indicated that he wouldn't make radical changes in editorial operations and would continue to emphasize accountability journalism.
July 5, 2005 |
Soon after Amazon.com Inc. debuted 10 years ago, Jeff Bezos and his handful of employees spent late summer nights packing books in a tiny warehouse, scrambling to ship a growing gush of orders. Today, the man who has grown accustomed to being hailed the king of Internet commerce runs a global powerhouse that did nearly $7 billion in sales last year, dealing in everything from banjo cases to wild boar baby back ribs.
November 16, 2000 |
Barely five years ago, Jeff Bezos hooked up a few computers in the garage of his suburban Seattle home and flipped the switch on his dream to launch "Earth's biggest bookstore" by harnessing this newfangled e-commerce thing everyone was talking about. An initial public offering later, Bezos was a 34-year-old billionaire, joining the pantheon of brilliant nerd heroes who are rewriting the rules on everything in business. Now comes the hard part. Bezos could have called his venture Bookshop.