How Alexa, Echo, and other devices became a drag on Amazon’s revenue

Sure, R&D is expensive, but the issues run deeper. When Amazon CEO Andy Jassy announced earlier this week that Amazon would be conducting layoffs, he called out one team in particular: devices and books, which is responsible for products including Alexa, Kindle readers, Echo smart speakers, Fire tablets, Ring doorbells, and a household robot known as Astro.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2022-11-26 05:00:00 UTC ]
News tagged with: #kindle readers #fire tablets #kindle

Other news stories related to: "How Alexa, Echo, and other devices became a drag on Amazon’s revenue"


NFL hands Amazon exclusive games, and Teen Vogue editor undone by teen rogue tweets: Friday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters.  Touchdown for Amazon Good morning! Amazon executives are sure having a... Continue reading at Advertising Age

[ Advertising Age | 2021-03-19 10:00:00 UTC ]
More news stories like this | All news stories tagged with: #cookbook #—including access #aapi communities #@adage #15% increase #corporate subscriptions #subscribers make #newsletters galore #cmo strategy


Regnery Revenue Fell in 2020

A good fourth quarter was not enough to offset a first half sales slump at Regnery. The publisher has set a 75,000-copy first printing for Josh Hawley's 'The Tyranny of Big Tech,' which will be published on May 4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-12 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #big tech #josh hawley


Amazon Has a Responsibility to Stop Anti-Trans Misinformation

I’ll be the first to acknowledge Amazon and I make rather strange bedfellows. Raised on local libraries and used bookstores, I’ve long been a loyal customer to many of the indie bookshops cornered by the world’s largest online retailer, prizing them as community centers and places to find a... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-08 09:49:14 UTC ]
More news stories like this | All news stories tagged with: #libraries #community centers #local libraries #strange bedfellows


Wiley Revenue Rose 3% in Q3

John Wiley's financial performance in the third quarter ended January 31, 2021, was strong enough for the company to raise sales and earnings estimates for the fiscal year ending April 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-04 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #financial performance #john wiley


Amazon Charts: Haig's Midnight hour in Most-Sold: Fiction

Matt Haig's The Midnight Library (Canongate) has clocked in at the top of the Amazon Charts' Most-Sold: Fiction top 20, unseating Richard Osman's The Thursday Murder Club (Penguin). Continue reading at The Bookseller

[ The Bookseller | 2021-03-02 11:05:06 UTC ]
More news stories like this | All news stories tagged with: #amazon charts #matt haig


Boldwood Books reports £1.6m revenues in first full year

Boldwood Books has reported revenues of £1.6m in 2020, its first full financial year, and added five new authors to its now 50-strong list. Continue reading at The Bookseller

[ The Bookseller | 2021-03-01 16:36:03 UTC ]
More news stories like this | All news stories tagged with: #boldwood books #full year


Amazon loses its head of Fire TV, Kindle and Luna to Unity

After a five-year stint, Marc Whitten — the man in charge of Fire TV, the Kindle and more — has stepped down as Amazon's VP of entertainment devices and services. News of Whitten's departure was spotted yesterday by consultant Matthew Ball o... Continue reading at Engadget

[ Engadget | 2021-02-25 17:27:36 UTC ]
More news stories like this | All news stories tagged with: #kindle #fire tv


Amazon Charts: Stacey Solomon's Tap to Tidy sweeps up the chart

Stacey Solomon's Tap to Tidy (Ebury) has mopped the floor with the competition, rising 18 places up to the Amazon Charts' Most-Sold: Non-Fiction number one, a week ahead of its release. Continue reading at The Bookseller

[ The Bookseller | 2021-02-23 22:56:41 UTC ]
More news stories like this | All news stories tagged with: #week ahead #non-fiction number #tidy ebury #tidy sweeps #stacey solomon #amazon charts


Denmark’s Lindhardt & Ringhof Reports ‘Vast Growth in Revenue’ in 2020

'Readers want both digital books as well as the "old-fashioned" print book,' says Lindhardt & Ringhof's CEO. The post Denmark’s Lindhardt & Ringhof Reports ‘Vast Growth in Revenue’ in 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-02-23 12:58:26 UTC ]
More news stories like this | All news stories tagged with: #digital books #lindhardt ringhof #print book #post denmark


Congressman and Others Vow to Fight Amazon, Monopolies

The Institute for Local Self-Reliance hosted a seminar on the topic of "Reining in Monopoly Power," where Congressman David Cicilline (D-RI) and others vowed to level the playing field for small businesses competing against Amazon and other dominant tech companies. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-23 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #playing field #fight amazon


Amazon E-book Case Sprawls, Lawyers Propose Consolidation

Lawyers for a potential class of e-book consumers have asked a federal judge to consolidate four cases alleging an e-book price-fixing conspiracy among Amazon and the Big Five publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-15 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #e-book #federal judge


Amazon: letter to the editor

Philip Jones’ editorial “Give and Take” explains Amazon’s recent success and Jeff Bezos stepping down. Continue reading at The Bookseller

[ The Bookseller | 2021-02-11 12:56:02 UTC ]
More news stories like this | All news stories tagged with: #recent success #philip jones


Revenue at Reed Exhibitions Sank 71% Last Year

The company behind the London Book Fair, the “retired” BookExpo, and other publishing-adjacent events saw revenue plunge by 71% in 2020 compared to 2019. Reed said that, due to the pandemic, it is managing its 2021 event schedule “flexibly.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-11 05:00:00 UTC ]
More news stories like this |


Jeff Bezos to Step Down as Amazon CEO in Q3

After 27 years, Jeff Bezos, the entrepreneur who turned an online bookstore into one of the most powerful companies in the world, announced his plans to step down as Amazon CEO. In an email to employees on Tuesday, Bezos said the transition will come in Q3, at which point he will become... Continue reading at AdWeek

[ AdWeek | 2021-02-02 21:43:59 UTC ]
More news stories like this | All news stories tagged with: #bookstore #executive chair #online bookstore #amazon ceo #jeff bezos


Class suit filed against Amazon for e-book price fixing in US

Amazon is being sued for anti-competitive behaviour in the United States by the same law firm that successfully sued Apple and five major publishers for colluding to fix e-book prices in 2011. Continue reading at The Bookseller

[ The Bookseller | 2021-01-17 12:13:54 UTC ]
More news stories like this | All news stories tagged with: #e-book price #e-book #major publishers


Amazon Hit with E-book Price Fixing Suit

The law firm that successfully sued Apple and five major publishers for colluding to fix e-book prices in 2011 has filed a class action against Amazon, accusing the company of colluding with the Big Five publishers to eliminate price competition from the e-book market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #e-book price #e-book #e-book market #class action #law firm #major publishers


Börsenverein Report Shows 2020 German Book Revenue Down 2.3 Percent

Shutdowns in December short-circuited the German market's progress in making up book sales losses from spring lockdowns. The post Börsenverein Report Shows 2020 German Book Revenue Down 2.3 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-01-08 15:54:29 UTC ]
More news stories like this | All news stories tagged with: #german book #german market


Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading at The Bookseller

[ The Bookseller | 2021-01-08 08:40:13 UTC ]
More news stories like this | All news stories tagged with: #harpercollins #egmont #book business #financial year #egmont uk


Bookstat: Lourey leads the Amazon pack

Jess Lourey's Bloodline (Thomas & Mercer) topped the Bookstat e-book chart for the week ending 2nd January 2021, heading a top four of Amazon-published titles. Continue reading at The Bookseller

[ The Bookseller | 2021-01-07 01:36:52 UTC ]
More news stories like this | All news stories tagged with: #e-book


Ed Tarkington’s ‘The Fortunate Ones’ has echoes of ‘Gatsby,’ as a boy becomes enthralled by high society

Though the novel is far from derivative, aspects of “The Fortunate Ones” pay homage to a slew of classic novels. Continue reading at The Washington Post

[ The Washington Post | 2021-01-05 17:46:10 UTC ]
More news stories like this | All news stories tagged with: #classic novels #pay homage #high society