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Amazon Dials Up a New Use for Its Cash

Amazon Dials Up a New Use for Its Cash

Online retailer Amazon.com Inc.  on Wednesday is expected to reveal its first smartphone, featuring a display designed to respond to users’ eye movements and capable of displaying three-dimensional images. The device is Amazon’s first foray into the highly competitive market ...

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Amazon founder Jeff Bezos to buy the Washington Post

Amazon founder Jeff Bezos to buy the Washington Post

Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal that ends the Graham family’s 80 years of ownership and hands one of the country’s most influential publications to the businessman whose ...

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Amazon Wants To Take On The Grocery Business

Amazon Wants To Take On The Grocery Business

Amazon.com Inc is planning a major roll-out of an online grocery business that it has been quietly developing for years, targeting one of the largest retail sectors yet to be upended by e-commerce, according to two people familiar with the ...

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Amazon snaps up book recommendation site Goodreads

Amazon snaps up book recommendation site Goodreads

   E-commerce giant Amazon has been shopping. The Seattle-based company said Thursday it’s set to acquire book recommendation site Goodreads, a move it hopes will help drive more Web traffic its way and ultimately help it to sell more books, ...

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Amazon’s billion-dollar tax shield

Amazon’s billion-dollar tax shield

In 2005, Amazon rented a historic five-storey building in Luxembourg’s Grund quarter, right at the bottom of a steep rock-walled valley below the old town. By setting up in Luxembourg, and channelling sales through its units there, the world’s biggest ...

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Amazon wants original sitcoms

Amazon wants original sitcoms

Amazon’s announced that it’s to start making its own sitcoms and children’s shows – and it’s looking to you and me for ideas. Its movie-development arm, Amazon Studios, says that series proposals will be reviewed by the team and potentially ...

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