Items tagged with Bezos

How's this for perspective? A two-year old startup by the name of Instagram sold to Facebook for $1 billion. A newspaper housed in a nation's capitol city, which has been around over a century, has just sold for one quarter of that. It's a strange, wild, and completely digital world that we're living in today, which may help explain why the founder of Amazon has paid $250 million in cash for The Washington Post. It's important to note that Amazon isn't buying the paper, but Bezos himself. Moreover, this isn't the first time Bezos has invested in the news business; he has also invested in the Business... Read more...
If you caught our coverage of Amazon’s new Kindle and Kindle Fire HD announcements, you may have noticed that the new Kindle Fire HD includes a TI OMAP 4470 processor. If you were surprised to see that Amazon didn’t opt for the NVIDIA Tegra 3 chip, you weren’t alone. According to Reuters, a number of industry analysts had expected Amazon to use the Tegra 3 processor in the new Kindle Fire HD tablets and were taken aback to find that the company stuck with TI. For example, Moor Insights & Strategy’s Patrick Moorhead (formerly of AMD) said “They probably should have... Read more...
Amazon made news last week when it began deleting e-books—specifically 1984 and Animal Farm off the Kindle's of buyers who had previously purchased the titles. A few days later, the reason behind the deletions became clear. The books had been published erroneously and should never have been made for sale. The incident impacted only a small number of Kindle owners, but raise questions of personal privacy and the meaning of ownership that apply to all Kindle customers and even the e-book industry as a whole. Today, Amazon CEO Jeff Bezos apologized to the community at large for the company's actions.... Read more...