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 continuing relationship with the customer is where we hope to make money over time." The CEO also talked about the effect of the Kindle on bookselling, claiming that people read about four times as much once they've bought an eReader, but continue buying traditional books as well as digital books. Continue reading at 'Fast Company'

[ Fast Company | 2012-10-12 00:00:00 UTC ]
News tagged with: #kindle paperwhite #make money #people read #jeff bezos #ve bought #digital books

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Internal training documents reveal how Facebook tackles diversity, bias, and discrimination

Workforce diversity is something that has been brought into sharp focus in recent months as companies such as Amazon, Microsoft, and Facebook reveal the make-up of their staff. White, middleclass, male employees dominate the world of technology, and this is certainly the case at Facebook -- even... Continue reading at Betanews

[ Betanews | 2015-07-29 00:00:00 UTC ]
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Clegg, Yanagihara Make 2015 Man Booker Longlist

Marilynne Robinson, Anne Tyler, Hanya Yanagihara, and literary agent Bill Clegg are among the U.S. writers longlisted for this year's Man Booker Prize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marilynne robinson #anne tyler #hanya yanagihara #writers longlisted


HC UK concludes 'tough negotiations' with Amazon

HarperCollins UK has concluded what its chief executive Charlie Redmayne described as “tough negotiations” with Amazon over new terms. The publisher is the latest of the original agency publishers to negotiate new arrangements after its revised agency contract came up for renewal. Redmayne... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins uk #full agency


Andrew McCarthy will make his fiction debut with a young adult novel

Good news for '80s kids who preferred Blane McDonough to Duckie Dale: "Pretty in Pink" star Andrew McCarthy, who went from Brat Pack actor to travel writer and television director, is coming out with his first novel. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fiction debut #young adult #television director


Amazon posts a profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for Amazon.com.The company reported that Amazon Web Services generated $1.8 billion in sales in the second quarter, up about 80 percent from the $1 billion it brought in a year earlier.That helped Amazon achieve a profit of $92 million, a... Continue reading at PC World

[ PC World | 2015-07-24 00:00:00 UTC ]
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Amazon accused of spying on reviewer's social media profiles

Amazon has reportedly blocked a person from reviewing an ebook because the company thinks that they are friends with the author. Imy Santiago attempted to post a review of an unnamed title several times, each time being told that it was in violation... Continue reading at Engadget

[ Engadget | 2015-07-24 00:00:00 UTC ]
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Amazon Media Sales Fell in Quarter

Although total Amazon sales rose 20% in the second quarter of 2015, sales in the media group, where book and ebook sales are reported, fell 2.6%. The decline was due to foreign exchange fluctuations which dropped international media revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-23 00:00:00 UTC ]
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Amazon breaks global sales record on Prime Day

Amazon said sales during its first ever Prime Day broke global records, receiving 398 orders per second across Prime-eligible countries.   Sales on 15th July or Prime Day – when the retailer offered heavy discounts to encourage shoppers to sign up to Amazon Prime membership – were 18% higher... Continue reading at The Bookseller

[ The Bookseller | 2015-07-18 00:00:00 UTC ]
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Two Dollar Radio Marks Decade of Making Noise

A decade after Eric Obenauf and Eliza Jane Wood launched Two Dollar Radio in a Columbus, Ohio, suburb, Obenauf told PW the company is finally generating enough revenue that he was able to quit his part-time bartender gig earlier this summer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-17 00:00:00 UTC ]
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How Good Habits Can Make You Happier

The newest book from Gretchen Rubin, best-selling author of The Happiness Project, examines how we can change our habits. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2015-07-17 00:00:00 UTC ]
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US: authors ask DOJ to investigate Amazon

Author protest group Authors United is asking authors to sign a letter to the US Justice Department, asking it "to examine Amazon's control of the book market." The letter has been drafted with the help of the Authors Guild. Meanwhile both the American Booksellers Association and the Association... Continue reading at The Bookseller

[ The Bookseller | 2015-07-16 00:00:00 UTC ]
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Leading authors call for government probe of Amazon's 'damaging' power

Malcolm Gladwell and Ursula Le Guin lead call to US justice department to investigate its ‘monopoly as a seller of books’Authors including Malcolm Gladwell, Ursula Le Guin, Michael Chabon and Ann Patchett are putting their names to a letter attacking Amazon’s “abuse of its dominance in the world... Continue reading at The Guardian

[ The Guardian | 2015-07-16 00:00:00 UTC ]
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Amazon, Wal-Mart face off in online discounting

A 32-inch LED television for $75. Harry Potter books for up to half off their list price. An Apple iPad mini for $265. Continue reading at Baltimore Sun

[ Baltimore Sun | 2015-07-15 00:00:00 UTC ]
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Authors call on the US to investigate Amazon's book business

Just because Apple is on the hook for allegedly anti-competitive book sales doesn't mean that Amazon is above reproach. As promised, groups representing both authors and booksellers are calling on the US Department of Justice to investigate Amazon fo... Continue reading at Engadget

[ Engadget | 2015-07-14 00:00:00 UTC ]
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Amazon at 20: what has the online giant ever done for retail?

The e-commerce site is 20 years old this week. So what influence has it really had on the retail and internet industries?It was originally billed as “Earth’s Biggest Bookstore” and featured over one million titles. Twenty years later it boasts over 270m active accounts and claims to have more... Continue reading at The Guardian

[ The Guardian | 2015-07-14 00:00:00 UTC ]
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Authors, Booksellers & Agents Call for DoJ to Investigate Amazon

Days before Amazon celebrates its 20th anniversary, Authors United is asking authors to sign a letter to the DoJ for an investigation of Amazon, and ABA submitted a similar request on Monday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-14 00:00:00 UTC ]
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Meredith Corp. Bought an Ad-Tech Company to Make Grocery Shopping Easier

Women's magazine publisher Meredith Corp. has acquired Grocery Server, a digital firm that powers location-based ads for food and retail brands. Grocery Server was founded in 2008 as an ad platform that pulls location data from grocery stores and CPG brands into ads on publishers' websites.... Continue reading at AdWeek

[ AdWeek | 2015-07-13 00:00:00 UTC ]
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VIDEO: Harper Lee's ambitions revealed

Harper Lee's second novel, which is being published on Tuesday and was written before To Kill A Mockingbird, makes Amazon bestseller list. Continue reading at BBC World

[ BBC World | 2015-07-11 00:00:00 UTC ]
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Odedina makes first buys for Oneworld

Sarah Odedina has made her first acquisitions as children’s publisher at Oneworld imprint Rock the Boat, buying books by Olivia Levez and Nikki Sheehan. Odedina has bought world English rights to The Island by debut novelist Olivia Levez. The book, which will be published in March 2016, is... Continue reading at The Bookseller

[ The Bookseller | 2015-07-11 00:00:00 UTC ]
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Andrew Kidd reveals Alexi reading app

Former Aitken Alexander m.d. Andrew Kidd has launched Alexi, a book recommendation app giving “people a new channel of discovery”. The app is currently in beta, but users of the full version of the app, available in late autumn, will be able to read books recommended by authors including Ali... Continue reading at The Bookseller

[ The Bookseller | 2015-07-09 00:00:00 UTC ]
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