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 ]
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Amazon US to axe 58 jobs from Createspace

Amazon US is reportedly cutting staff from the North Charleston office of Createspace, its print self-publishing platform, this summer. Continue reading at The Bookseller

[ The Bookseller | 2018-01-18 00:00:00 UTC ]
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How Investopedia shifted to subscription revenue with video courses

The IAC-owned finance information publisher is betting big on a commerce- and subscription-focused Academy product, which has turned Facebook into an ally. The post How Investopedia shifted to subscription revenue with video courses appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #betting big #subscription revenue


Facebook shares tumble after changes to its News Feed that could shrink ad revenue

Facebook shares were down more than 4% early Friday to $180.10 after the social network announced it was making major changes to its signature News Feed. Facebook said it would begin prioritizing posts from users’ friends and families that spark the most interaction over posts from brands and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #making major #facebook shares


Local digital news publishers are ignoring display revenue

Rather than compete for dwindling display ad revenue, local digital news publishers are pursuing branded content and consumer revenue instead. The post Local digital news publishers are ignoring display revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #consumer revenue


Amazon planning physical stores in Germany

The announcement that Amazon is getting closer to opening physical stores in Germany has put a dampener on the Christmas spirit among many booksellers and retailers in general. Continue reading at The Bookseller

[ The Bookseller | 2017-12-22 00:00:00 UTC ]
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Walliams tops Amazon children's Christmas wishlist

David Walliams’ Bad Dad (HarperCollins) has topped the list of books children would most like to find under the Christmas tree, according to an Amazon UK survey. Continue reading at The Bookseller

[ The Bookseller | 2017-12-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #christmas tree #books children #bad dadharpercollins #david walliams


ASA considering investigation over Amazon delivery complaints

The Advertising Standards Authority has said it is assessing whether an investigation into Amazon parcel deliveries is warranted, following "a handful" of complaints. Continue reading at The Bookseller

[ The Bookseller | 2017-12-19 00:00:00 UTC ]
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Oliver and Hogan top Amazon print and ebook charts for 2017

Jamie Oliver has topped Amazon UK’s print chart this year in a list dominated by celebrity-authored healthy eating titles. Continue reading at The Bookseller

[ The Bookseller | 2017-12-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook charts #jamie oliver


Facebook to book NZ advertising sales revenues here, not in Ireland

Facebook says it will book the revenues it earns from selling advertising to Kiwi companies in New Zealand in future. The change is part of worldwide move by Facebook to restructure its accounting and appears a major victory for policy-makers concerned about the way Facebook and many other... Continue reading at Stuff

[ Stuff | 2017-12-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sales made #major victory


'Handmaid's Tale' Was the Year's Most Read Novel On Amazon

'The Handmaid's Tale' and 'The Subtle Art of Not Giving a F*ck' were the most-read fiction and nonfiction titles, respectively, on Amazon in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-12 00:00:00 UTC ]
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Facebook to stop routing ad revenue via Ireland amid pressure over taxes

Company says it will book advertising revenue in countries where it is earned instead of through Dublin headquartersFacebook has said it will start booking advertising revenue in countries where it is earned instead of re-routing it via Ireland, although the move is unlikely to result in it... Continue reading at The Guardian

[ The Guardian | 2017-12-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #european union #controversial topic


'Grumpy squirrel' story wins Amazon Christmas Writing competition

A digital marketing manager has won the Amazon Christmas Writing Competition for his tale of a greedy squirrel who learns compassion from "three wise trees". Continue reading at The Bookseller

[ The Bookseller | 2017-12-09 00:00:00 UTC ]
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Amazon opens in Australia

After months of speculation, Amazon has opened in Australia, promising to “create thousands of new jobs and invest hundreds of millions of dollars” in the country. Continue reading at The Bookseller

[ The Bookseller | 2017-12-06 00:00:00 UTC ]
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Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows

Facebook needs to loosen its grip on Watch show sponsorships and mid-roll inventory, publishers say. The post Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-12-01 00:00:00 UTC ]
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Amazon signs two more from Marrs

Amazon Publishing has snapped up two further books from thriller writer John Marrs. Continue reading at The Bookseller

[ The Bookseller | 2017-11-30 00:00:00 UTC ]
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Industry Notes: Paul Auster at Guadalajara; Amazon Publishing on Short Writings

At Mexico’s Guadalajara International Book Fair, which runs through Sunday, Paul Auster has talked of turning to novels after ‘hitting a wall’ with poetry. And Amazon Publishing introduces a new imprint for short-form work. By Adam Critchley And Porter Anderson, Editor-in-Chief |... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-29 00:00:00 UTC ]
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Amazon under fire for 'refusal' to pay Scottish real living wage

Amazon is under scrutiny for its apparent reluctance to sign up to the Scottish government’s "fair work" programme and pay employees the Scottish real living wage.  Continue reading at The Bookseller

[ The Bookseller | 2017-11-29 00:00:00 UTC ]
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BuzzFeed is laying off 100 workers, 8% of its U.S. employees, after missing revenue target

Digital media company BuzzFeed said it is laying off 8% of its U.S. employees, or 100 workers, as it changes its business model in a bid to boost revenue. It's also cutting an unspecified number of jobs in Britain. The company has 1,700 employees worldwide. A spokeswoman for New York-based... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-29 00:00:00 UTC ]
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Amazon Publishing Launches New Imprint

Amazon Original Stories will publish short fiction and nonfiction works available in the Kindle Singles store. The new imprint has launched with two titles, including one by Joyce Carol Oates. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-28 00:00:00 UTC ]
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Newspaper investigation reveals 'intolerable' working conditions at Amazon warehouse

"Exhausted" staff at Amazon are being taken away in ambulances and falling asleep on their feet due to intense pressure to meet warehouse targets, an investigation by the Mirror has claimed. Continue reading at The Bookseller

[ The Bookseller | 2017-11-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #intense pressure #working conditions #amazon warehouse