Amazon Suffers Major Earnings Drop in Q2

Increased investment led to a 51% decline in operating income in the second quarter of 2017 compared to the second quarter of 2016, Amazon reported Thursday afternoon. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
News tagged with: #operating income

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Amazon opens new development centre in Cambridge

Amazon has opened a new development centre site in Cambridge that will be home to 400 employees. Continue reading at The Bookseller

[ The Bookseller | 2017-11-04 00:00:00 UTC ]
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Amazon's rolling out stores after pulling shoppers online (Photos)

After spending two decades pulling bookstore shoppers to its business online, Amazon.com Inc. is trying to lure some of them back to brick-and-mortar stores across the country. Amazon Books has quickly expanded its footprint since opening its first bookstore in Seattle two years ago. Amazon now... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon books #brick-and-mortar stores #business online #dozen bookstores #convenience store


Prime members will find another perk in Amazon's newest bookstore (Photos)

Amazon may have spent the past two decades pulling bookstore shoppers to its business online, but with a new storefront in California's East Bay, the retail giant is hoping to lure them back to a brick-and-mortar store. Amazon Books is in the final stages of preparing for its opening tomorrow... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon books #prime members #business online #retail giant #brick-and-mortar store #final stages


Amazon is adding Audible support to its entry-level Kindle

The cheapest Kindle is getting the best feature for those who'd rather listen to books than read them. Based on its listing (as found by The Digital Reader), Amazon is rolling out Audible support for the $80 device "in the coming months." The e-retai... Continue reading at Engadget

[ Engadget | 2017-10-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cheapest kindle #digital reader #coming months


Amazon sales rise 34% in third quarter

Amazon has reported a 34% rise in sales to $43.7bn (£33.41bn) for the three months ending September 30th, with the recent acquisition of Whole Foods Market contributing $1.3bn (£0.99bn) to that total. Continue reading at The Bookseller

[ The Bookseller | 2017-10-28 00:00:00 UTC ]
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Amid Sexual Harassment Allegations, Halperin Dropped by Publisher

Mark Halperin, the co-author of 'Game Change' and former ABC news political director, has been dropped by his publisher, Penguin, after stories surfaced that Halperin sexually harassed a number of women while at ABC. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mark halperin #game change


Amazon's new Kindle app is 'inspired by books'

Amazon has launched a new Kindle app designed to encourage more people to read ebooks on their mobile phones. Continue reading at The Bookseller

[ The Bookseller | 2017-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle app #read ebooks #mobile phones


Whole Foods Adds Nearly $1.3 Billion to Amazon

In addition to adding $1.28 billion in revenue from its August purchase of the grocery chain, online sales at Amazon rose 22% in the third quarter over the comparable period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #grocery chain #online sales


Amazon's new Kindle app makes it easier to turn your phone or tablet into a book

I’m a big fan of e-ink Kindles -- preferring them over real books. If you do a lot of reading, they’re great. However, some people prefer the versatility of an iPad, Android tablet or smartphone, and there's a clear benefit to those. You only need to carry around the one device. Today, Amazon... Continue reading at Betanews

[ Betanews | 2017-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #android tablet #amazon launches #easy access #big fan #real books


Your Tuesday Wake-Up Call: Amazon Feels the Love. And Facebook Just Gave Publishers the Jitters

$10 millionCalifornia billionaire Tom Steyer is waging a $10 million campaign to convince lawmakers to impeach President Trump. His video ad is to-the-point: He calls Trump "a clear and present danger who is mentally unstable and armed with nuclear weapons." Money says his commercials have run... Continue reading at Advertising Age

[ Advertising Age | 2017-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #present danger #opinion piece


MPs accuse Amazon and eBay of profiting from 'fraudsters'

Amazon and eBay have been accused of profiting from foreign firms trading on its marketplace platform and failing to charge VAT on UK sales, a Public Accounts Committee report has found. Continue reading at The Bookseller

[ The Bookseller | 2017-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk sales


Bookstore Sales Dropped 10.9% in August

Bookstore sales in August were $1.39 billion, down from $1.56 billion a year ago, marking a 10.9% decline. Sales for the first eight months of the year were down 2.5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-13 00:00:00 UTC ]
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Book revenue drops 4% at W H Smith

W H Smith has reported a 2% rise in revenue and a 7% rise in pre-tax profits for the year to end August 2017. However its book business saw a like-for-like revenue drop of 4% on the previous year. Continue reading at The Bookseller

[ The Bookseller | 2017-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #revenue drop #pre-tax profits #book business


Amazon launches first waterproof Kindle

Amazon has launched its first waterproof Kindle, the new Kindle Oasis, which will also have Audible built-in and feature a larger, seven-inch display. Continue reading at The Bookseller

[ The Bookseller | 2017-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon launches #waterproof kindle #kindle oasis


Amazon refreshes Kindle Oasis e-reader with larger screen and waterproofing

While you can read ebooks on Android tablets and iPad devices, you really shouldn't. These screens can strain your eyes, causing discomfort and creating a negative experience. Not to mention, if you tend to read outdoors, the glare can be unbearable. Instead, an e-ink reader is the best option.... Continue reading at Betanews

[ Betanews | 2017-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ipad devices #read outdoors #e-ink reader #great job #kindle devices #virtual bookstore


EC orders Amazon to pay €250m in back taxes

Amazon must pay €250m in back taxes after the European Commission judged the company had enjoyed tax benefits in Luxembourg which were illegal under EU state aid rules. Continue reading at The Bookseller

[ The Bookseller | 2017-10-05 00:00:00 UTC ]
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Amazon 'to be hit with huge bill over back taxes'

Amazon is reportedly on the cusp of being hit with a huge bill in back taxes by the European Commission, worth several hundred million euros. Continue reading at The Bookseller

[ The Bookseller | 2017-10-04 00:00:00 UTC ]
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Amazon's Kindle Paperwhite is $90 for Prime members right now

Fall has just begun, meaning frigid weekends and evenings will be upon us—a.k.a. the perfect time for curling up with a good ebook. If you’re a Prime Member, you can currently grab the ad-supported Wi-Fi-only Kindle Paperwhite for $90. This device is usually $120 and is the same price Amazon... Continue reading at PC World

[ PC World | 2017-10-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle paperwhite #prime members #perfect time #good ebook #prime member #prime day


Amazon Books to Open in Washington, D.C., and Austin

The retailer has confirmed it will open new bookstores in the Georgetown neighborhood of Washington, D.C., and in Austin, next year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon books