This media company has "Warren Buffett's kind of community newspapers," said Smead Capital Management's Bill Smead, who also likes an insurer and a biotech company.» Read More
NEW YORK— CEO Jeff Bezos' annual letter to shareholders offers a glimpse into Amazon's internal workings and what it is aiming for in the future, including more grocery services and the much-discussed drone delivery.
Stocks drop as investors dump biotech, other former favorites; Nasdaq has worst day since 2011 NY judge sentences SAC Capital according to terms of government's record $1.8 B fraud deal US budget deficit falls in March from same month last year as revenue rises, spending dips GM puts 2 engineers on paid leave in ignition switch case, adds second part to huge recall GM says another part needs repair in recalled small cars, as recall costs climb to $1.3 B Report: US Internet ad revenue surpasses broadcast TV for the first time Putin warns European leaders: Gas dispute with Ukraine can threaten their own energy supplies Amazon CEO Jeff Bezos gives update on online retailer's drone, grocery programs Lowest number of Americans seeking jobless benefits in almost 7 years, declines 32 K to 300,000 11- day red snapper season for recreation, charter boats in the Gulf of Mexico
April 8- A six-year-old online news startup has agreed to buy the Anchorage Daily News, the largest daily newspaper in Alaska, from the McClatchy Co for $34 million, the two companies announced on Tuesday. Alice Rogoff, publisher of the online-only Alaska Dispatch, said the deal was meant to serve Alaskans, many of whom still read a print newspaper.
Alaska Dispatch Publishing LLC, the parent company of the online newspaper the Alaska Dispatch, will purchase the Anchorage Daily News from The McClatchy Co. for $34 million. The Anchorage Daily News will continue to be printed seven days a week, and there are no plans at this time to change its name, he said.
The level of media investing activity is forging the underpinnings of "game-changing" developments for the industry, according to the Pew Research Center's State of the News Media 2014 report, which cited funding from entrepreneurs like Amazon's Jeff Bezos and eBay founder Pierre Omidyar.
*Buffett's company and Graham Holdings in $1.1 billion swap. *Berkshire invested in Washington Post Co in 1973. March 12- Warren Buffett's Berkshire Hathaway Inc plans to shed much of its 40- year-old investment in Graham Holdings Co, the former publisher of the Washington Post, and swap most of its shares for a Miami television station and other assets.
March 12- Warren Buffett's Berkshire Hathaway Inc has agreed to shed much of its 40- year-old investment in Graham Holdings Co, the former publisher of the Washington Post, and swap most of its shares for a Miami television station and other assets.
NEW YORK, March 5- Business Insider raised $12 million in another round of capital from investors including Amazon's Jeff Bezos, Institutional Venture Partners, RRE Ventures and former Wall Street Journal publisher Gordon Crovitz, according to a Wednesday post by its founder Henry Blodget.
Business Insider just raised $12 million in funding from investors including Amazon CEO Jeff Bezos, WSJ reported.
March 3- Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.
Industry sources say Amazon is getting ready to launch a Web TV box that would compete with Apple TV and Roku's line of products.
Determining who belongs on CNBC's list of business influencers has led to spirited debates. How about Elon Musk and Jeff Bezos?
Who should make CNBC's Top 25 most influential list? CNBC's Jon Fortt makes the case for Amazon's Jeff Bezos and Phil LeBeau nominates Elon Musk.
When it comes to the most influential in tech, you might jump to Jobs and Gates. But here the names you really need to know, these pros say.
"The UAE will try to deliver its government services through drones. Coloured white and enblazoned with the UAE flag, it is propelled by four rotors. Gergawi said the drones would be tested for durability and efficiency in Dubai for six months, before being introduced across the UAE within a year.
Of course, when we talk tech game-changers there's Steve Jobs and Bill Gates. But do you know who Jony Ive or Hasso Plattner are? You should.
CNBC's Tyler Mathisen provides insight on the most influential people according to CNBC in changing business, leadership, and products and services we consume.
Amazon is getting a new patent for what it calls "anticipatory shipping," a system that predicts shoppers future purchases based on previous buys. CNBC's Jon Fortt reports.
Amazon founder Jeff Bezos was flown from the Galápagos by an Ecuadorean navy helicopter after a kidney stone attack.
BOSTON, Dec 13- Activist investors have asked Amazon.com Inc to review its sales of firearms accessories, concerned that the online retailer offers products that could be used to convert semi-automatic rifles into weapons that fire too rapidly to be legal. They sent Amazon Chief Executive Jeff Bezos a letter on Nov. 25 and showed it to Reuters on Thursday.