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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Google, Facebook, Amazon, IBM and Microsoft Team Up to Make Artificial Intelligence Less Scary

The Partnership on Artificial Intelligence to Benefit People and Society was unveiled today by Google, Facebook, Amazon, IBM and Microsoft. Indeed, that's quite a name and quite a list of companies. Their chief mission is to promote public understanding of AI while developing standards and... Continue reading at AdWeek

[ AdWeek | 2016-09-29 00:00:00 UTC ]
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Amazon 'Kindle Reading Fund' makes books more available to those without access

The ability to read is something many of us take for granted. At a young age, you probably had tons of books in your homes and schools, enabling you to learn to both read and write. Believe it or not, not everyone has access to books. Isn't that sad? Luckily, Amazon is looking to change this.... Continue reading at Betanews

[ Betanews | 2016-08-24 00:00:00 UTC ]
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Amazon reveals customers' 2016 book buying habits

Debut psychological thriller Behind Closed Doors by BA Paris (Mira) is Amazon Kindle's number-one selling ebook this year to date, according to its summer 2016 report disclosing the latest retail trends for the e-commerce giant. Continue reading at The Bookseller

[ The Bookseller | 2016-07-07 00:00:00 UTC ]
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Amazon's New Page-Flip Feature Makes Kindle Books More Skimmable

Skip ahead. Skip backward. Roam as you please. Then go back to where you were in a jiffy.The advantages that ebooks have over their dead-tree forebears are so many and varied that I'm not going to bother detailing them here.Read Full Story Continue reading at Fast Company

[ Fast Company | 2016-06-28 00:00:00 UTC ]
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Bezos Confirms Plans for More Amazon Stores

Amazon founder Jeff Bezos told shareholders at the company's annual meeting on Tuesday that the company is "definitely going to open additional stores." Bezos did not, however, specify the number of new outlets Amazon plans to open. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-18 00:00:00 UTC ]
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Bezos sells 1% of Amazon shares for $671m

Jeff Bezos has sold 1% of his stake in Amazon - which is just over a million shares, at a value of $671m (£465.2m) - the New York Post has reported. Continue reading at The Bookseller

[ The Bookseller | 2016-05-10 00:00:00 UTC ]
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Bake Off's Paul Hollywood makes £1m  but his bakery fails to rake in dough

Baking experts fortunes on the rise thanks to BBC series, plus lucrative live tours and book deals Continue reading... Continue reading at The Guardian

[ The Guardian | 2014-08-21 00:00:00 UTC ]
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Amazon Makes Plea to Authors to Quiet Down

Amazon has extended an olive branch to the newly formed Authors United group, and asked that the organization stop making statements that paint the e-tailer in a negative light as its terms dispute with Hachette drags on. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-22 00:00:00 UTC ]
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Amazon Makes Kindle Unlimited Official

Kindle Unlimited, a new subscription service from Amazon allowing customers unfettered access to ebooks and audiobooks, has officially launched. Amazon began testing the service, which has long been rumored, earlier this week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-18 00:00:00 UTC ]
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Hachette reveals Amazon digital sales share

Amazon has a 78% market share of Hachette Livre ebook titles in the UK and a 60% share in the US... Continue reading at The Bookseller

[ The Bookseller | 2014-06-11 00:00:00 UTC ]
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Bezos Pens Long Amazon Shareholder Letter

In one of his longest shareholder letters, Amazon founder Jeff Bezos gave readers a “tour” of 21 Amazon initiatives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-10 00:00:00 UTC ]
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Amazon reveals quarter of Kindle ebook sales in US were for indie publishers

Figures from world's biggest bookseller trumpeted as sign of how self-publishing and smaller labels are changing the industryAs many as a quarter of the top 100 Kindle books on Amazon.com are from indie publishers, according to data revealed at a trade presentation by the retailer.A chart... Continue reading at The Guardian

[ The Guardian | 2013-12-05 00:00:00 UTC ]
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Amazon MatchBook makes a big push for print book buyers to go digital

Amazon MatchBook, which lets customers who've previously bought the print edition of a book from Amazon score a digital copy on the cheap, is now open for business. Months in the making, the new service is a bold plan by Amazon to convert the world's stacks and stacks of books into digital... Continue reading at PC World

[ PC World | 2013-10-30 00:00:00 UTC ]
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Seth Godin on Why “Vilifying Amazon…Makes No Sense”

Seth Godin traces the ups and downs of the independent bookstore since WWII, while proclaiming that today is "a golden age for books," crediting Amazon. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-15 00:00:00 UTC ]
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Jeff Bezos buys Washington Post

Amazon founder Jeff Bezos has bought American newspaper the Washington Post for $250m (£... Continue reading at The Bookseller

[ The Bookseller | 2013-08-06 00:00:00 UTC ]
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Amazon reveals fan fiction platform

Fan fiction authors will be able to publish and sell some titles in the US via new ebook platform Kindle Worlds. Continue reading at BBC World

[ BBC World | 2013-05-24 00:00:00 UTC ]
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Amazon's 2012 tax bill revealed

Amazon.co.uk paid £3.2m in UK tax last year, after making £7.7m in profit, according... Continue reading at The Bookseller

[ The Bookseller | 2013-05-15 00:00:00 UTC ]
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Amazon makes White Glove push to agents

Amazon is pursuing more direct relationships with literary agents and authors, targeting them... Continue reading at The Bookseller

[ The Bookseller | 2013-02-21 00:00:00 UTC ]
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Amazon Makes Everything Better

Amazon CEO Jeff Bezos took the stage at a large airplane hangar in Santa Monica, Calif., this morning and presented a dazzling, methodical, hourlong disquisition on the state of the technology business. He began by explaining why most of the iPad’s competitors have failed: “They’re gadgets,” he... Continue reading at Slate

[ Slate | 2012-09-07 00:00:00 UTC ]
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Why Is Jeff Bezos Always Talking To Me?

Every so often I land on Amazon.com and notice the homepage has changed. Instead of seeing my usual browsing history, the latest Kindle, or some other carefully tailored offers, I find a letter from Jeff Bezos. A couple of months ago, Jeff wrote to me on a scroll and announced, “Dear Muggles,”... Continue reading at Fast Company

[ Fast Company | 2012-08-30 00:00:00 UTC ]
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