Jeff Bezos Articles

Amazon Preps High Fashion Enterprise to Get Inside Your Closet Amazon Preps High Fashion Enterprise to Get Inside Your Closet

It appears that no industry is safe from the probable insurgency of Amazon. First it conquered the publishing industry, then it staked a sizable claim in the music and video industry. Following the triumph of becoming a top retailer in …

Amazon Possibly Behind Justice Department e-Book Lawsuit Amazon Possibly Behind Justice Department e-Book Lawsuit
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When the Justice Department filed an antitrust lawsuit against Apple and other major publishers for allegedly banding together to drive up book prices, Amazon was named several times in the 36-page complaint. The company was named so repeatedly, roughly 90 …

Jeff Bezos Locates Apollo 11 Engines, Will Raise Them From Atlantic

Jeff Bezos is making a serious bid to be remembered as the 21st Century Marco Polo and less the founder of Amazon.com. Already involved in the space exploration industry with his private venture, Blue Origin, Bezos has now announced he’s …

Amazon CEO Jeff Bezos’ Blue Origin To Launch Space Shuttle This Summer Amazon CEO Jeff Bezos’ Blue Origin To Launch Space Shuttle This Summer
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Amazon CEO Jeff Bezos is more than just the boss of one of the world’s biggest e-businesses. He’s also a venture capitalist in the field of space exploration. Blue Origin, the space travel venture owned by Bezos, is preparing to …

10000 Year Clock Gets Funding From Amazon’s Jeff Bezos 10000 Year Clock Gets Funding From Amazon’s Jeff Bezos
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Amazon CEO Jeff Bezos is throwing some of his capital behind an ambitious project that has been decades in the making. $42 million to be exact. A team of scientists and engineers is currently working on giant clock that will …

Amazon Attempts Sales Tax Workaround in Texas Amazon Attempts Sales Tax Workaround in Texas
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The debate regarding the way Amazon.com does its online business has been going on for some time now. The major point of contention has been the fact that for years, Amazon has been able to sell and ship goods across …

Jeff Bezos Cut Amazon Stake By 8 Percent

Amazon shareholders who were already on edge over the company’s disappointing earnings report and forecast now have one more thing to fret about.  A new SEC document indicates that Amazon CEO Jeff Bezos cut his stake in the company by a significant amount at the end of last year.

Iffy Forecast Overshadows Positive Earnings For Amazon
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This afternoon, Amazon delivered its third quarter earnings report, and just about everything pertaining to the period ending September 30th was positive.  Unfortunately for Amazon, shareholders are sending the stock lower in after-hours trading due to lower margins and concern about the fourth quarter.

We’ll start with the good news, at least.  Amazon reported $7.56 billion in revenue versus estimates of $7.35 billion.  Earnings per share hit $0.51, too, rather than $0.48.

Doxo Takes Aim At Paperless Adoption

Doxo, a Seattle based start-up focused on helping people and businesses go paperless, said today it has received $5.25 million in funding.

The funding was led by Mohr Davidow Ventures and Amazon CEO Jeff Bezos, Bezos Expeditions.

Doxo said the funding is aiding the company’s expansion and private trials with some of the largest U.S. utility, insurance, banking, Internet, satellite, phone, travel and cable providers.

Amazon First Quarter Earnings Up 68%
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Amazon.com reported today that its net income for the first quarter increased 68 percent to $299 million, or 66 cents per share, compared with net income of $177 million, or 41 cents per share in the first quarter of 2009.

Analysts expected earnings of 61 cents a share on revenue of $6.87 billion, according to a consensus forecasts from Thomson Reuters.

Amazon Posts Strong Q4 Results
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Amazon.com today reported strong fourth quarter profits that beat Wall Street analyst’s estimates.

The online retailer said its net income increased 71 percent to $384 million in the fourth quarter, or 85 cents per share, compared with $225 million, or 52 cents per share in the fourth quarter of 2008.

Net sales increased 42 percent to $9.5 billion in the fourth quarter, compared with $ 6.7 billion in the fourth quarter of 2008.

Amazon Sells More Kindle Books Than Real Books On Christmas
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Amazon.com has announced that for the first time ever, customers purchased more Kindle books than physical books on Christmas Day.

In addition, Amazon said its Kindle reader has become the most gifted item in the company’s history. The Kindle Store boasts more than 390,000 electronic books.

Amazon Apologizes To Kindle Customers
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Amazon.com CEO Jeff Bezos has apologized for the way his company handled the deletion of two George Orwell titles from its customers Kindle readers.

Last week Amazon, without notice, deleted customers copies of Orwell’s "Animal Farm" and "1984" later saying the action was taken at the request of the publisher. After removing the titles from its catalogue, Amazon deleted the titles from all of its customers Kindle devices. Customers were refunded for their purchase of the titles.

Amazon To Shutdown 3 Distribution Centers
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Amazon.com is closing three of its fulfillment centers in Munster, Indiana, Red Rock, Nevada, and Chambersburg, Pennsylvania, the first time the online retailer has closed a warehouse since 2006.

Amazon said the move is part of a reorganization of its distribution network so it can "better balance product mix and customer orders."

Amazon Q4 Sales Up 18 Percent
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Amazon.com has released its fourth quarter results for December 2008 beating expectations.

 The company’s sales increased 18 percent to $6.70 billion in the fourth quarter, compared with $5.67 billion in the fourth quarter of 2007.

Amazon Kindle To Get 5,000 More Titles

Amazon.com has announced that publisher Simon & Shuster will make 5,000 more books available for the Amazon Kindle, pushing the number of books available to 130,00 on the wireless device.

Amazon CEO Jeff Bezos has said the Kindle e-books now account for 6 percent of sales among the previous 125,000 titles available on the site in both print and electronic formats.

Amazon Reduces Price On Kindle

Amazon has reduced the price of its Kindle electronic book reader by 10 percent and it is now available to customers for $359 down from $399.

Amazon’s Kindle Back In Stock
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In a statement on Amazon’s homepage, CEO Jeff Bezos says the company now has Kindles back in stock.

Amazon CEO Apologizes For Kindle Delays
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Amazon.com CEO, Jeff Bezos has issued an apology on Amazon’s home page for failing to ships its Kindle electronic book reader on time.

Amazon Taking On French Law

Online retailer Amazon.com will pay 1,000 euros ($1,500) a day in fines in order to offer free shipping in France while it appeals a December court ruling that made the practice illegal.


Jeff Bezos, chief executive officer of Amazon, sent an email to customers of its French Web site stating Amazon will continue to offer free shipping while waiting for the outcome of the appeal.

Web 2.0 Expo: Amazon’s Jeff Bezos Keynote
Bezos takes the stage. Intro remarks: all about Amazon Web Services, which is exhibiting here. The roster includes SQS, Mechanical Turk, S3, EC2.