When will Amazon start to turn profits? Kevin Paul Scott, ADDO Worldwide co-founder, and Ben Parr, DominateFund co-founder, discuss the vision and spending of CEO Jeff Bezos.» Read More
Amazon is expected to introduce a smartphone this week, a long-rumored project that aims to close any remaining gap between impulse and buying. The NYT reports.
SAN FRANCISCO, June 12- Amazon.com Inc launched a streaming music service on Thursday that comes free with its $99- a-year Prime membership program, but offers a smaller selection of recent hits than rivals Spotify and Apple Inc's Beats Music.
IPOs and the mass of acquisitions in tech are producing a newly rich class; money managers fight to handle the wealth.
SAN FRANCISCO, June 9- Amazon.com Inc will start managing subscription payments for start-ups and other companies- the latest in a series of quiet moves the e-commerce giant has made into PayPal's turf over the past year.
*ECB cuts rates below zero to spur bank lending. NEW YORK, June 5- The Dow and the S&P 500 both ended at new highs on Thursday after the European Central Bank cut rates to record lows and pledged to do more if needed to fight off the risk of deflation.
*ECB cuts rates below zero to spur bank lending. NEW YORK, June 5- The Dow and the S&P 500 ended at a new record on Thursday after the European Central Bank cut rates to record lows and pledged to do more if needed to fight off the risk of deflation.
SAN FRANCISCO, June 4- Amazon.com Inc revived speculation about its next major product on Wednesday, using a mysterious YouTube video and website post to tease a June 18 "launch event" in Seattle to be hosted by CEO Jeff Bezos.
David Miller's tiny $9.5 million Catalyst Insider Long/Short Fund has jumped 26 percent year to date through June 1- a performance better than any of the other 29,618 funds in the Morningstar database- by mimicking the behavior of top executives at companies large and small.
While most of them rightfully boast accomplishments and gains, some CEOs took the opportunity this year to shine a light on the not-so-great events of the past year.
NEW YORK, May 1- For actor Edward Norton, the late movie star Paul Newman is a role model, though not only for his work in films. "There is someone who took the silliness of being famous and turned it into something amazing," said Norton, the 44- year-old star of such popular movies as "Primal Fear," "Rounders" and " Fight Club."
Converted online shopping from the novel to the routine, scaling the mass market for e-commerce and changing retailing as profoundly as Sam Walton.
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.
Amazon said it has started a program called Pay to Quit, in which it offers workers at its fulfillment centers between $2,000 and $5,000 to quit.
Amazon plans to expand its Amazon Fresh offering beyond its current three markets, CEO Jeff Bezos confirmed.
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.
A look at some tech billionaire's wealth offers a lesson in tech stock volatility.
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.