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 #ring doorbells #kindle

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

How 19 years of Amazon Prime has satisfied our need for speed

Just as Engadget was hitting publish on its first posts, I was putting a freshly minted English degree to use working at an indie bookshop in Los Angeles. In seemingly unrelated news, Amazon had just reported its first profitable year after switching from selling books to selling “everything”... Continue reading at Engadget

[ Engadget | 2024-03-08 14:15:57 UTC ]
More news stories like this | News stories tagged with: #market data #20th anniversary #good book #bookstore #bookshop

Court Orders Amazon E-book Monopoly Lawsuit to Proceed

A federal judge has held that “monopolization” claims against Amazon can move forward, finding that lawyers for a potential consumer class have plausibly alleged that Amazon’s conduct in the e-book market has led to “reduced competition” and “higher e-book prices." Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-04 05:00:00 UTC ]
More news stories like this | News stories tagged with: #federal judge #move forward #e-book market #e-book

Palestinian-American writer Randa Jarrar was dragged out of a PEN event.

Despite mounting objections from within the American literary community (as well as public condemnation from two prominent novelists who recently cut ties with the organization), on Wednesday evening PEN America’s Los Angeles branch went ahead with its hosting of a conversation between stand-up... Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-02 19:14:45 UTC ]
More news stories like this | News stories tagged with: #prominent novelists #novelists #literary community

Amazon Turns $2.7 Billion Loss in 2022 to a Profit of $30 Billion in 2023

A strong holiday shopping season, an improved fulfillment operation, and cost cuts including an estimated 27,000 layoffs resulted in a $30 billion profit for Amazon in 2023 following a loss of $2.7 billion in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
More news stories like this | News stories tagged with: #$30 billion

Amazon's newest Fire HD 10 tablet falls to just $105

If you're looking for a new tablet to keep track of all your 2024 goals on (or just for fun), now is a great time to buy. A range of Amazon Fire Tablets are currently on sale, including the new Fire HD 10 tablet. A 42 percent discount brings the 64GB Amazon Fire HD 10 tablet to $105 from $180 —... Continue reading at Engadget

[ Engadget | 2024-01-15 12:05:32 UTC ]
More news stories like this | News stories tagged with: #microsd slot #lock screen #buying advice #extra $10 #follow @engadgetdeals #good book

Amazon's Audible is laying off 5% of its workforce, marking another round of job cuts in tech

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce Continue reading at ABC News

[ ABC News | 2024-01-11 22:47:05 UTC ]
More news stories like this | News stories tagged with: #job cuts #audiobook

Score Amazon’s Kindle Scribe before Christmas and save $70

If you’re looking to pick up a last minute gift for your book-loving friend, you’re in luck. Amazon’s selling the Kindle Scribe for $269.99, which is a savings of $70. Not only can you store all of your favorite books on this device, but you can also mark up documents, make handwritten... Continue reading at PC World

[ PC World | 2023-12-20 14:53:12 UTC ]
More news stories like this | News stories tagged with: #kindle scribe #single charge #2-inch screen #pay extra #microsoft word #bigger screen #fast approaching #kindle

Year End: Cambridge University Press Reports Record £1 Billion in Revenue

England's merged Cambridge University Press & and Assessment reports record revenues and numbers of users in 2022-2023. The post Year End: Cambridge University Press Reports Record £1 Billion in Revenue appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-12 20:15:01 UTC ]
More news stories like this | News stories tagged with: #revenue appeared #year end #cambridge university press

Amazon Seeks to Dismiss FTC Antitrust Lawsuit

In a 31-page filing, Amazon claims the FTC ignores “the facially procompetitive” effects of the company's conduct, and urges a federal court to dismiss the case. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-11 05:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon claims #federal court

Why AI, revenue diversification and ad spend are the defining 2024 trends for media companies

Will Barker, manager, strategic customer success, BlueConic The media and publishing industry is constantly evolving. With this, it’s often difficult to keep up with the latest trends, especially with fast-evolving technologies emerging all the time and ripple effects remaining from the global... Continue reading at Digiday

[ Digiday | 2023-12-05 15:08:37 UTC ]
More news stories like this | News stories tagged with: #media companies #revenue diversification #ad spend #constantly evolving #latest trends #global pandemic #publishing industry

All the best Cyber Monday deals that are still live on Amazon right now

Cyber Monday may have come and gone, but quite a few of the deals are still live. We're also seeing new discounts and bundles pop up that weren't previously listed. If you didn't get everything you need during the frenzy of Black Friday sales, you can still save on Amazon Echos, Dyson vacs,... Continue reading at Engadget

[ Engadget | 2023-12-01 16:43:49 UTC ]
More news stories like this | News stories tagged with: #ten minutes #buying advice #$50 discount #$20 higher #— precisely #follow @engadgetdeals #audiobook

Adweek Builds New Executive Team, Naming Former People GM Zoë Ruderman Chief Content Officer and Former Condé Nast Executive Drew Schutte Chief Revenue Officer

Adweek, the leading source of news, insights and intelligence for the marketing and advertising industry, today announced it has hired former Vice President and General Manager of People, Zoe Ruderman as Chief Content Officer and Drew Schutte, former executive at Conde Nast titles The New... Continue reading at AdWeek

[ AdWeek | 2023-11-30 19:30:00 UTC ]
More news stories like this | News stories tagged with: #executive team #advertising industry #today announced #vice president #general manager #conde nast

Amazon says its next-gen chips are four times faster for AI training

Amazon Web Services (AWS) just kicked off its Las Vegas-based re:Invent conference with a stream of announcements, most of which involve the year’s most popular technology, AI. These news items, taken as a whole, give us a sneak peek at the company’s long-term goals for... Continue reading at Engadget

[ Engadget | 2023-11-28 20:00:28 UTC ]
More news stories like this | News stories tagged with: #total cost #coming months #development team #similar approach #generate content #customer requests #betting big #market share #harry potter

The 73 best Cyber Monday deals you can get from Amazon, Target and others

Cyber Monday is finally here, and even though many of the best Black Friday deals have carried over into today, it's still worth checking online sales to see if you want to pick up anything while prices are down. Whether you dropped some money on new tech a few days ago... Continue reading at Engadget

[ Engadget | 2023-11-27 15:25:39 UTC ]
More news stories like this | News stories tagged with: #budget ereader #300ppi display #holding thousands #basic pen #journaling books #low-light footage #$20 higher #extra $10 #$10 higher #$60 depending #$549 depending #$20 lower #— buying #— precisely #kindle #audiobook

The 35 best Amazon Cyber Monday deals you can get

With Cyber Monday deals have come big savings on all things Amazon. If you’ve been looking to get a new Echo speaker for your home office or pick up a Kindle as a holiday gift, now’s a great time to shop for all of Amazon’s gadgets and gear. For 2023, we’re seeing a new... Continue reading at Engadget

[ Engadget | 2023-11-27 14:45:32 UTC ]
More news stories like this | News stories tagged with: #privacy zones #night vision #wider field #eero routers #routers performed #step-by-step instructions #management features #6ghz band #isp plans #5ghz band #4ghz receiver #extra $10 #saving $15 #— buying #ebooks #kindle

6 Best Amazon Kindle Cyber Monday Deals (2023)

Amazon's Kindles make it easier to access all your favorite books. They're on sale right now. Continue reading at Wired

[ Wired | 2023-11-27 08:00:30 UTC ]
More news stories like this | News stories tagged with: #kindles make #kindle

The 63 best Cyber Monday deals you can get right now from Amazon, Target and others

Cyber Monday is right around the corner and this year, much like year's past, we're seeing plenty of Black Friday deals bleed into the new week. If you didn't get the chance to shop on Friday, there's still time to snag a few good deals on all kinds of tech, including... Continue reading at Engadget

[ Engadget | 2023-11-26 14:00:25 UTC ]
More news stories like this | News stories tagged with: #10-year warranty #standard kindle #budget ereader #300ppi display #holding thousands #low-light footage #$20 higher #$100 drop #$56 drop #$10 higher #$60 depending #$549 depending #$20 lower #— precisely #kindle #audiobook

The Meta Quest 2 VR headset is still on sale in an Amazon Black Friday deal

Good things come to those who wait, and if you decided to hold off on buying the Meta Quest 2 when it was discounted by $50 as part of Amazon’s early Black Friday sale, your patience is about to be rewarded. Now that Black Friday has come and gone, not only is the... Continue reading at Engadget

[ Engadget | 2023-11-25 15:47:52 UTC ]
More news stories like this | News stories tagged with: #good things #black friday #email inbox #good reason #wider field #libraries