Amazon bounces back and beats expectations January 29, 2015 Amazon has reported its fourth quarter earnings and beate analysts' expectations by a handsome margin. Revenue rose 15 per cent to $29.3bn Amazon was forecast to report sales of $29.67bn, 16 per cent up year-on-year. However, earnings per share obliterated forecasts came in at 45 cents rather then the expected 18 cents. Operating expenses rose [...]
WorkMail: Amazon’s new service delivers email January 29, 2015 Retailer, movie-maker and now email provider – is there any business Amazon doesn’t want to get in on? The web giant is putting its hat in the ring with the likes of Microsoft and Google to become the go-to email service for companies. Amazon has revealed WorkMail, an email and calendar service aimed squarely at [...]
Amazon takes one in every four pounds spent on physical music, film and games January 26, 2015 One in every four pounds spent in Britain on physical music, games and videos in the run-up to Christmas went to Amazon, figures out this morning show. For the 12 weeks to December 21, Amazon dominated the world of entertainment, with 39 per cent of all the sector's purchases being made with the etailer [...]
Amazon Original Movies: Full-length feature films planned for cinema release will start production this year January 19, 2015 Amazon is getting into the movie business with the launch of a new venture producing full-length feature films to be screened in cinemas. Hot on the heels of its Golden Globe win for TV series Transparent, an original TV series which aired on its streaming service Amazon Prime Instant Video, the retailer will begin producing [...]
European Commission: Yup, Amazon’s Luxembourg tax deal probably gave it an unfair advantage January 16, 2015 European regulators admitted that a deal struck between Amazon and Luxembourgish authorities to minimise its tax bill probably did constitute state aid. In a 23-page letter dated 7 October but only published today, the European Commission pointed out that it "has doubts…. as to [the deal's] compatibility with the internal market" It added that it [...]
HMV beats Amazon and reclaims top spot as Britain’s biggest retailer of physical music January 16, 2015 HMV is making a comeback on the high street, reclaiming the top spot as the UK's biggest seller of physical music, with vinyl sales soaring to their highest in over 20 years. Total sales climbed to £365.7m in the year to December, up from £311.2m from the same period the previous year. Like-for-like CD sales [...]
Woody Allen is headhunted by Amazon January 13, 2015 Amazon Studios yesterday announced it has signed deal with Woody Allen for the critically-acclaimed director to write and direct his first ever television series. Amazon has signed a half-hour series (named Untitled Woody Allen Project) for a whole season, with customers able to watch the episodes on Amazon’s prime instant video in the UK, US [...]
Boxing Day sales kick off early online at Amazon, John Lewis, Currys, Harrods, Next and Debenhams December 24, 2014 Amazon is kicking off its Boxing Day sale on Christmas Day. That’s right, you can start hunting for deals if Santa didn’t bring what you wanted before you’ve even had time to digest Christmas dinner. But there are also a host of retailers waiting to open their doors to sale shoppers on Boxing Day that [...]
Christmas 2014: Amazon delivering until December 24, while Marks & Spencer, House of Fraser and Asos face capacity problems December 16, 2014 Worried you've left it too late to order Christmas presents online? You need to get your skates on if you want to avoid paying for special delivery, but some retailers are offering premium services up to the last minute. A new survey of retailers has found a number of businesses that promise to deliver [...]
Small businesses make plea to Amazon customers over 1p glitch December 15, 2014 Etailers hit by a glitch that caused thousands of products to be listed on Amazon for 1p have made a direct plea to customers in a bid to recover their losses and stave off bankruptcy. Video games seller Go2Games said it has appealed on its Facebook page to customers who bought products for 1p on [...]