Seeking Alpha, Inc. (AMZN)

  • Dec. 12, 2011, 3:18 PM
    Consumers critical of Amazon's (AMZN -2.1%) Kindle Fire - complaining, for example, that there is no external volume control and the off switch is easy to hit by accident - compel NYT's David Streitfeld to compare the tablet to the Edsel. Hyperbole, perhaps - was the Edsel no. 2 in sales of U.S. autos at its launch? - but Amazon says it will release a software update within two weeks.
    | Dec. 12, 2011, 3:18 PM | Comment!
  • Dec. 12, 2011, 10:43 AM
    Netflix (NFLX +7.3%) is soaring on market chatter of Amazon (AMZN) and/or Verizon (VZ) making a play for the company. "I doubt it," tweets one of Seeking Alpha's Netflix watchers, Rocco Pendola.
    | Dec. 12, 2011, 10:43 AM | 7 Comments
  • Dec. 9, 2011, 2:35 PM
    It's not just brick-and-mortar retailers who are unhappy about Amazon (AMZN) luring away shoppers with its new Price Check app. Sen. Olympia Snowe asks AMZN to drop its promotion because it gives consumers an incentive to gather price data from small retailers and leave stores without spending money - "an attack on Main Street businesses that employ workers in our communities."
    | Dec. 9, 2011, 2:35 PM | 4 Comments
  • Dec. 9, 2011, 11:14 AM
    BTIG analyst Rich Greenfield says 2012 will see a shift away from traditional cable TV when a "virtual" cable offering emerges on the scene to deliver "real" TV from the web. He envisions a major company lining up a wide score of distribution deals to enable them to offer consumers nearly the same variety of channels for live TV that they have now through cable providers. Potential players: WMT, AMZN, MSFT, DISH, VZ.
    | Dec. 9, 2011, 11:14 AM | Comment!
  • Dec. 7, 2011, 5:08 PM
    More on LivingSocial's latest funding round: While the company has only sold $176M in securities thus far, it's lined up the full $400M in funding it's looking to obtain, according to a Bloomberg source. The round is said to value LivingSocial at $6B; following today's rally (perhaps aided by news of the LivingSocial round), Groupon (GRPN +9.9%) has a market cap of $13.5B.
    | Dec. 7, 2011, 5:08 PM | 2 Comments
  • Dec. 7, 2011, 4:39 PM
    Top Groupon (GRPN) rival LivingSocial raised $176M in a private offering that featured investments from Amazon (AMZN) and ex-AOL CEO Steve Case. Amazon's move comes 8 months after it took part in a $400M funding round, and a year after it made a $175M investment; and it comes in spite of the recent rollout of the e-commerce giant's AmazonLocal daily deals product. (October filing)
    | Dec. 7, 2011, 4:39 PM | Comment!
  • Dec. 7, 2011, 10:27 AM
    Amazon (AMZN -0.2%) expects its agreement to acquire ~450 children's book titles from privately-held Marshall Cavendish creates the foundation for its fast-growing publishing business to further expand into picture books, chapter books and young adult novels. Publishing VP Jeff Belle says AMZN sees the potential for similar deals in the future.
    | Dec. 7, 2011, 10:27 AM | Comment!
  • Dec. 7, 2011, 9:11 AM
    More from Canaccord: Names started at Hold include Amazon (AMZN - its "dominance" will continue, but low margins will outlast investor patience), eBay (EBAY - more opportunities to service merchants, but recent Marketplaces growth may not be sustainable); and Pandora (P - Internet radio growth offset by IPO lockup expiration, competition, and high valuation).
    | Dec. 7, 2011, 9:11 AM | Comment!
  • Dec. 6, 2011, 4:32 PM
    "The competitor we fear most is HBO Go," claims Netflix's (NFLX -2.8%) Reed Hastings. While dismissing competition from Amazon (AMZN), Hulu, and Verizon (VZ), Hastings is impressed with HBO's online video platform, and sees it becoming the core of its offerings. Separately, Time Warner (TWX) CEO Jeff Bewkes says HBO Go users view 30%-50% more content than non-users. (earlier)
    | Dec. 6, 2011, 4:32 PM | Comment!
  • Dec. 6, 2011, 3:06 PM
    Amazon’s (AMZN) Kindle Fire tablet, which went on sale last month, "has come out of the gates strong," and Evercore says its relatively cheap price tag could allow it to "vaporize" other for-profit Android tablet business models. Yet even as Amazon may account for half of all Android tablets by next year, Evercore says Amazon isn’t a real threat to the iPad (AAPL).
    | Dec. 6, 2011, 3:06 PM | 3 Comments
  • Dec. 6, 2011, 1:23 PM
    Starting on Saturday, Amazon (AMZN) is launching a promotion in which consumers will receive up to a $5 discount on Amazon merchandise if they compare prices at a store using its Price Check app, available for iOS and Android. As Tricia Duryee observes, the promotion is not only useful for boosting sales, but for letting Amazon's customers provide it with mountains of price data about competing retailers.
    | Dec. 6, 2011, 1:23 PM | Comment!
  • Dec. 6, 2011, 9:03 AM
    Bah, humbug!: EBAY takes a PR hit when TechCrunch outs PayPal's donations service as being too stingy with customers after shutting down the account of a charity trying to raise money to pay for holiday gifts for kids of financially-pressured parents. While acknowledging the rampant attempts at fraud that PayPal has to contend with, John Biggs still finds Amazon (AMZN) and Google Check-Out (GOOG) better options for firms looking to collect money online.
    | Dec. 6, 2011, 9:03 AM | 1 Comment
  • Dec. 6, 2011, 8:47 AM
    MIPS, an also-ran relative to ARM (ARMH) in the world of mobile device CPU cores, is partnering with China's Ingenic Semiconductor to offer a sub-$100 Android 4.0 tablet. With the iPad (AAPL) dominating the high-end tablet market, and the Kindle Fire (AMZN) making waves at a $200 price point, low-end hardware aimed at emerging markets may be Google's (GOOG) best bet for increasing the share of its home-grown Android solutions.
    | Dec. 6, 2011, 8:47 AM | Comment!
  • Dec. 5, 2011, 8:12 AM
    Tom Phillips, the General Manager of Amazon's (AMZN) fast-growing web services division, died in a plane crash over the weekend. Phillips, 52, was flying to his Michigan home at the time.
    | Dec. 5, 2011, 8:12 AM | Comment!
  • Dec. 2, 2011, 5:21 PM
    Google (GOOG) is playing with fire if it intends to launch a branded online store to match Amazon (AMZN) Prime, John Dvorak writes. Because Google is good at searching for products to buy, it may think it should be good at actually selling them - but it may not realize that finding something in a store isn't the same as being in the retailing business - and that's Amazon's forte.
    | Dec. 2, 2011, 5:21 PM | 2 Comments
  • Dec. 2, 2011, 12:12 PM
    Research firm iSuppli expects shipments of 3.9M Kindle Fire tablets this quarter, pushing Amazon (AMZN) to second place in tablets behind Apple (AAPL), which the firm expects will ship 18.6M iPads this quarter. iSuppli speculates Apple may reduce iPad 2 pricing when iPad 3 is launched, in much the same way iPhone 3 prices were cut on the rollout of iPhone 4. (earlier)
    | Dec. 2, 2011, 12:12 PM | Comment!
Company Description Inc is an online retailer. The Company sells its products through the website which provides services, such as advertising services and co-branded credit card agreements. It also offers electronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States