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Amazon.com, Inc. (AMZN)

- NASDAQ
  • Sep. 2, 2011, 4:23 AM
    Amazon.com (AMZN) offers to invest in Californian distribution centers and create 7,000 full-time jobs by 2015 in exchange for a reprieve from the state's new Internet sales tax law until 2014. In response, one Amazon opponent asks, "how many (jobs) do we lose in bricks and mortar retail by 2014?"
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  • Sep. 1, 2011, 9:12 AM
    As CenturyLink's (CTL) recently-acquired Savvis subsidiary tries to compete with Amazon (AMZN) and Rackspace (RAX) in the booming cloud infrastructure services market, it's trying to stand out by promoting its value-added services. But it's finding this to be an uphill battle, as many enterprises are content with the "commodity" solutions of market leaders.
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  • Aug. 31, 2011, 5:38 PM
    Business Insider claims six companies have made informal bids for Hulu, with most coming at the upper end of a range of $500M-$2B. GOOG, AMZN, and YHOO are considered among the most interested parties, while AAPL and MSFT declined to make bids. One source claims Yahoo's offer could be torpedoed by its board. (previously)
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  • Aug. 31, 2011, 3:39 PM
    The latest Kindle (AMZN +1.8%) killer - this time from Sony (SNE -0.5%) - is light, easy-to-navigate and feature-rich, says a TechCrunch review. But will it unseat Amazon and Barnes and Noble's (BKS +1.8%) stranglehold on e-readers? Probably not, but the upgrade in design and form will keep the market percolating with innovation.
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  • Aug. 31, 2011, 3:17 PM
    Amazon's web services business (AWS) is becoming a real growth engine for Amazon (AMZN), and Netflix's (NFLX) Adrian Cockcroft sees it maintaining a dominant position in spite of competition from the formidable OpenStack alliance. Cockcroft estimates AWS doubled in size over the past year, and doesn't see a viable alternative arriving for 2-3 years.
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  • Aug. 31, 2011, 7:51 AM
    The 10-inch version of Amazon's (AMZN) much-anticipated tablet won't go into mass production until Q1 2012, according to DigiTimes. However, the 7-inch version is expected to start shipping in October. Apple (AAPL) is expected to launch its next 9.7-inch iPad, believed to feature a higher-resolution display, early next year.
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  • Aug. 29, 2011, 7:16 PM
    Yelp scales back its year-old deal service that competes with Groupon (GRPN), citing concern that consumers are being overwhelmed with offers.
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  • Aug. 29, 2011, 2:20 PM
    Nordstrom (JWN +5.6%) begins offering free shipping and returns for all purchases made online. The cost of shipping is seen by many shoppers as a big drawback of shopping online, but free shipping is a risk to store margins. Only a few big-name retailers offer free shipping with no strings attached; Amazon (AMZN) offers it on orders of $25 or more.
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  • Aug. 29, 2011, 2:16 PM
    Dell (DELL) is announcing a public cloud services solution in partnership with VMware (VMW). The service, which puts Dell into more direct competition with Amazon (AMZN) and Rackspace (RAX), allows companies to rent storage and computing capacity on a pay-as-you-go basis. Services were a relatively healthy part of Dell's business in FQ2, growing 6% Y/Y. (previously)
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  • Aug. 29, 2011, 12:58 PM
    Wal-Mart (WMT) has stumbled often in internet retailing, but it has been surprisingly successful in digital movie downloads. A year after buying streaming service Vudu, the operation has become the third most popular such service, placing it ahead of similar offerings from Amazon (AMZN) and Sony (SNE) but still far behind Apple (AAPL) and Microsoft (MSFT).
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  • Aug. 26, 2011, 2:45 PM
    Tablets aren't the only hot market Amazon (AMZN) is trying to attack: the company is ramping its efforts in the daily deals space, targeting customers through a partnership with LivingSocial. Amazon hopes its ability to reach 144M active customers will give it an edge.
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  • Aug. 26, 2011, 11:17 AM
    Amazon's (AMZN) rumored tablet computer will sell for much less than Apple’s (AAPL) $499 entry-level iPad, and could prompt more low-end tablet offerings, NY Post's Garett Sloane writes, citing Hewlett-Packard's (HPQ) big TouchPad fire sale. Competitors such as Galaxy Tab (SSNLF), Xoom (MMI) and PlayBook (RIMM) have come to market with pricing comparable to iPad.
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  • Aug. 25, 2011, 11:51 AM
    Verizon (VZ) is stepping up its efforts to become a leading player in cloud services: Big Red is acquiring CloudSwitch, a developer of software that makes it easier for companies to move applications to cloud platforms such as Amazon Web Services (AMZN), Microsoft's (MSFT) Azure, and Verizon's own Terremark offerings.
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  • Aug. 25, 2011, 9:58 AM
    Amping up its competitive front with Groupon, Amazon.com (AMZN) has opened its local deals site for New York City after a launch in Boise, Idaho and a few dozen other cities.
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  • Aug. 25, 2011, 8:42 AM
    The deadline for preliminary offers in Hulu's auction has reportedly been extended until the end of the week from yesterday in order to give bidders more times to scrutinize the TV website's financial details. Yahoo (YHOO), Google (GOOG) DirecTV (DTV) and Amazon (AMZN) are among those interested.
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  • Aug. 24, 2011, 1:49 PM
    Amazon (AMZN -1.1%) launches daily deals on Kindle ebooks, adding to the firm's presence in the online coupon space as an investor in LivingSocial.
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Company Description
Amazon.com 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 offerselectronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States