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"


Elizabeth Warren pledges to break up Facebook, Google and Amazon

Today, Democratic presidential hopeful Elizabeth Warren published a post on Medium in which she detailed why she wants to break up large Internet companies such as Facebook, Amazon and Google. In her post, she accuses these companies of using their v... Continue reading at Engadget

[ Engadget | 2019-03-08 00:00:00 UTC ]
More news stories like this |


Stable revenues for Taylor & Francis in 2018

Taylor & Francis saw a 0.6% revenue rise in the 2018 calendar year, to a total of £533.2m (£530m in 2017), with an underlying revenue rise of 2.2%. Continue reading at The Bookseller

[ The Bookseller | 2019-03-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #taylor francis


Amazon launches scheme to boost gender diversity

Amazon will launch a programme to boost gender diversity and inclusion across its UK business with plans to ramp up the recruitment and retention of women employees.  Continue reading at The Bookseller

[ The Bookseller | 2019-03-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #uk business


Traditional Book Business Drags Down Wiley in Q3

In the Wiley publishing segment, the company reported that educational publishing revenue dropped 23% compared to last year’s third quarter, while STM and professional publishing revenue fell 20%. Overall sales for the company dropped 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #company reported


Digiday Research: Chasing revenue, news publishers are producing more evergreen content

Sixty-eight percent of 97 publishers that produce news or time-sensitive stories said they plan to create more evergreen content according to a survey by Digiday this February. The post Digiday Research: Chasing revenue, news publishers are producing more evergreen content appeared first on... Continue reading at Digiday

[ Digiday | 2019-03-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #evergreen content #news publishers #digiday research


Amazon puts former Kindle leader in charge of its pharmacy business

Amazon's entry into the pharmacy business might not have the leader you'd expect. CNBC has learned that the online retailer has picked Nader Kabbani, an executive who helped establish the Kindle self-publishing system and has worked in Flex and logi... Continue reading at Engadget

[ Engadget | 2019-02-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #helped establish #online retailer


'Don’t let the fox in the coop'; Daunt warns against Amazon’s dominance

Waterstones boss James Daunt has warned the Scottish book industry against the growing dominance of Amazon, saying that if the retail giant ever implemented print book subscriptions it would make working in the books business “frankly intolerable”. Continue reading at The Bookseller

[ The Bookseller | 2019-02-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #retail giant #daunt warns


Elsevier records 2% lifts in revenue and profits

Elsevier saw 2% underlying revenue growth in 2018, according to the latest annual financial results filed by parent company RELX, to a total of £2,538m. Continue reading at The Bookseller

[ The Bookseller | 2019-02-22 00:00:00 UTC ]
More news stories like this |


Amazon Prime to screen Good Omens in May

Amazon Prime will screen its original TV adaptation of Good Omens by Terry Pratchett and Neil Gaiman on 31st May with a tie-in edition of the book due to be published to coincide with the show.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book due #neil gaiman #amazon prime


Global revenue flat for S&S in 2018

Simon & Schuster's worldwide revenues for 2018 dipped fractionally to $825m from $830m in 2017, parent company CBS has said. Continue reading at The Bookseller

[ The Bookseller | 2019-02-16 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #simon schuster


Amazon Scraps HQ2 Plans for LIC

Amazon will no longer build a headquarters in Long Island City, Queens, following grassroots resistance from New Yorkers and adverse reactions from some lawmakers and unions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-14 00:00:00 UTC ]
More news stories like this |


PubWest Keynote Focuses on Amazon's Dominance of the Book Market

In her speech, Open Markets Institute senior fellow Lina Khan said: “More than any other firm, Amazon depicts how a company can come to monopolize all sorts of markets without triggering scrutiny under our anti-monopoly laws.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book market


Amazon 2018 sales hit $232.9bn as retailer enjoys record fourth quarter

Amazon's 2018 sales increased  31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #fourth quarter


Amazon assembles a high-profile cast for low-key superhero series

Amazon has recruited a glitzy crew of Hollywood stars for its animated superhero show Invincible, based on the eponymous comic book co-created by The Walking Dead scribe Robert Kirkman. Leading the voice cast is TV's The Walking Dead alum Steven Yuen... Continue reading at Engadget

[ Engadget | 2019-02-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #hollywood stars


Amazon's 2018 Sales Topped $232 Billion

The giant company's sales increased 31% in 2018 over 2017, and its operating income tripled to $12.4 billion. Among the many reasons cited for the big 2018 financial gains was the performance of Amazon’s third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #third-party sellers


New Amazon Crossing Kids: Translating Picture Books Into English

Translations from Portuguese, German, and Italian open the new imprint from Amazon Publishing. Releases in July, September, October. The post New Amazon Crossing Kids: Translating Picture Books Into English appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #amazon publishing #english appeared


Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #profit growth


Amazon hits back at claims it is to blame for falling author earnings

Retailer insists Authors Guild report that criticised the online giant for contributing to tumbling writers’ incomes used flawed figures, but Guild stands by findingsAmazon has called the conclusions of a recent report into US author earnings flawed, after the Authors Guild suggested that the... Continue reading at The Guardian

[ The Guardian | 2019-01-16 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #marketing fees #puts pressure #american literature #median income #retail giant


Drag Queen Readings Win Fans, Draw Protests

As story times hosted by drag queens become more commonplace at indie bookstores, booksellers are having to contend with some unwanted realities, including protests. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #indie bookstores


‘You have to sell advertisers what they need, not what you want’: Q&A with Conde Nast chief revenue officer, Pamela Drucker Mann

Pamela Drucker Mann discusses how Condé Nast plans to give advertisers what they want, not what publishers think they should have. The post ‘You have to sell advertisers what they need, not what you want’: Q&A with Conde Nast chief revenue officer, Pamela Drucker Mann appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #give advertisers #sell advertisers