As Revenue Tops $380 Billion, Bezos to Step Down as Amazon CEO

Jeff Bezos, founder and CEO of Amazon, will hand over the CEO duties to Andy Jassy, head of Amazon Web Services, this summer. The company reported that sales in the year jumped 38% over 2019, to $386.1 million, and earnings skyrocketed 84%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]

Other news stories related to: "As Revenue Tops $380 Billion, Bezos to Step Down as Amazon CEO"


Bezos sells 1% of Amazon shares for $671m

Jeff Bezos has sold 1% of his stake in Amazon - which is just over a million shares, at a value of $671m (£465.2m) - the New York Post has reported. Continue reading at The Bookseller

[ The Bookseller | 2016-05-10 00:00:00 UTC ]
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Strong first-half results for W H Smith

W H Smith saw a rise in both sales and profits in the first half of 2016, with sales of adult activity books such as colouring books in the run-up to Christmas boosting its books business, the company reported. Continue reading at The Bookseller

[ The Bookseller | 2016-04-14 00:00:00 UTC ]
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Amazon's high-end Kindle Oasis is sleek, sharp and pricey

Jeff Bezos probably wasn't pleased to see his surprise spoiled this week, but ebook fans still have reason to get pumped. Amazon just pulled back the curtain on its new premium reader, the Kindle Oasis, and it's the slimmest and sleekest model the c... Continue reading at Engadget

[ Engadget | 2016-04-13 00:00:00 UTC ]
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Amazon's bookstores should be celebrated, not feared

The web giant’s move into bricks-and-mortar bookselling has upset many in the books community – but there is much to praise in this innovationYou could describe it as a troubling development in publishing: someone comes along with no real knowledge of the book business, a brash salesman who... Continue reading at The Guardian

[ The Guardian | 2016-02-26 00:00:00 UTC ]
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Adele’s classroom concert, Captain America, Klopp does Scouse - viral video

Also this week, hiccuping through the Australian national anthem, Jeff Bezos is joining the space race, and a Jane Austen classic gets the zombie treatmentWith Thanksgiving over for another year and the heartwarming American tradition of Black Friday upon us, let’s start this week’s roundup with... Continue reading at The Guardian

[ The Guardian | 2015-11-27 00:00:00 UTC ]
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July Sales Jump at EDC

July sales at Educational Development Corp. jumped 74.7% over July 2015, hitting $4.3 million, the company reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-27 00:00:00 UTC ]
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Books-A-Million Continues to Add More Items

The sale of nonbook items rose at Books-A-Million in 2014, compared to 2013, as the retailer continued to diversify its inventory mix in response to a decline in print books, the company reported in its 10-K filing with the Securities & Exchange Commission. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-24 00:00:00 UTC ]
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Bezos admits making 'billion of dollars of failures' at Amazon

Amazon c.e.o. Jeff Bezos has admitted to making “billions of dollars of failures” at the company, and has said it does not matter. Speaking at Business Insider’s Ignition conference, Bezos also addressed the dispute the online retailer had with Hachette Book Group in the US, which has now been... Continue reading at The Bookseller

[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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Cheaper books make for wealthier authors, insists Amazon's Jeff Bezos

'The Kindle is trying to reduce friction for reading a whole book, and it’s working,' Amazon CEO Jeff Bezos said at a conference yesterday. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-12-04 00:00:00 UTC ]
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Quarterly Sales Inched Up at Quarto

The company reported that third quarter revenue for the period ended September 30, 2014, rose to $54.5 million, from $54.2 million in the comparable quarter in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-04 00:00:00 UTC ]
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Amazon losses increase in third quarter

Amazon has reported increased third quarter losses of $437m (£273m), prompting shares to tumble in after hours trading in New York. The internet giant’s losses were significantly higher than in the same quarter last year when it reported a $41m (£25.57m) deficit.  The company reported the... Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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Authors take out full-page NYT ad to criticize Amazon

There's no sign that Amazon and Hachette are close to burying their ebook hatchet, which has prompted the authors caught in the middle to speak up. One of those affected, Douglas Preston, penned an open letter to Jeff Bezos, requesting that he... Continue reading at Engadget

[ Engadget | 2014-08-08 00:00:00 UTC ]
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Bezos portrait wins FT/Goldman Sachs Business Book of the Year

Brad Stone's The Everything Store: Jeff Bezos and the Age of Amazon (Bantam Press) has won... Continue reading at The Bookseller

[ The Bookseller | 2013-11-18 00:00:00 UTC ]
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Everyone's a Critic, and Everyone Is a Publisher: Brad Stone on MacKenzie Bezos on Brad Stone on Jeff Bezos

I’m grateful to MacKenzie and to every other thoughtful reviewer who shares their perspectives on my book and on this remarkable story. – Bloomberg Businessweek reporter and Jeff Bezos biographer Brad Stone, responding to a one-star review of his new book from MacKenzie Bezos, Jeff Bezos’s wife.... Continue reading at AllThingsD

[ AllThingsD | 2013-11-05 00:00:00 UTC ]
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Jeff Bezos's Wife Gave The Tell–All Amazon Book A One–Star Review

"I find way too many inaccuracies," MacKenzie Bezos writes in a critical Amazon.com review of a new book about the company her husband founded.The vast majority of the 45 Amazon.com customers who have reviewed Bloomberg Businessweek writer Brad Stone's new book, The Everything Store: Jeff Bezos... Continue reading at Fast Company

[ Fast Company | 2013-11-05 00:00:00 UTC ]
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Bezos’s E-Book Overhaul Provides Blueprint for Post

Jeff Bezos has already transformed one traditional print business -- books -- into a digital one. The experience provides a blueprint for how the billionaire technology executive is now poised to overhaul newspapers following his $250 million acquisi ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-08-06 00:00:00 UTC ]
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Jeff Bezos Reveals Amazon Makes No Dough On Its Hardware

Jeff Bezos, in the U.K. to launch the Kindle Paperwhite and Amazon's Lending Library service, has told the BBC that his firm makes no money on its Kindles. "We make money from when people use our devices, not when people buy our devices," he told technology correspondent Rory Cellan-Jones. "That... Continue reading at Fast Company

[ Fast Company | 2012-10-12 00:00:00 UTC ]
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PayPal, You've Met Your Match: Erotica Writers

Mark Coker of Smashwords became the leader of indie ebook writers--including some with dirty minds--in a fight against censorship and PayPal. He also has strong feelings about the DOJ's ebook pricing lawsuit.Mark Coker is the CEO of Smashwords, an ebook publishing and distribution platform.... Continue reading at Fast Company

[ Fast Company | 2012-04-20 00:00:00 UTC ]
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Sales fall at WH Smith in early autumn

Written By: Lisa Campbell Publication Date: Thu, 10/11/2011 - 09:44 Total group sales at W H Smith have dropped by 3% in the last 10 weeks, with like-for-like sales down by 6% in comparison to last year. This morning (10th November) the company reported in its interim financial results for the... Continue reading at The Bookseller

[ The Bookseller | 2011-11-10 00:00:00 UTC ]
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Bezos tops Guardian book trade power list

Written By: Graeme Neill Publication Date: Mon, 26/09/2011 - 08:50 Amazon c.e.o. Jeff Bezos has been named as the most powerful man in books in a Guardian and Observer "power list" of the 100 key people in the trade. read more Continue reading at The Bookseller

[ The Bookseller | 2011-09-26 00:00:00 UTC ]
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