Amazon’s sales surge but costs continue to rise April 24, 2014 AMAZON’S sales soared 23 per cent during the first quarter to $19.74bn (£11.74bn), but were offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce giant branches out into new businesses. Despite Amazon’s profits falling 19 per cent to only $146m, shares in the company showed a new lease [...]
BBC’s flagship shows joining Amazon Prime April 14, 2014 SHERLOCK, Doctor Who and Life on Mars will soon become available on Amazon Prime Instant after the online retail giant signed a deal to add top BBC shows to its revamped video streaming subscription service, formerly known as LoveFilm.
Amazon preparing to push into your pocket April 14, 2014 FOLLOWING its move into the living room last week with the Fire TV, Amazon is reportedly going to launch a smartphone later this year capable of displaying 3D images, similar to a hologram, on its screen. The smartphone will be announced in June and start shipping in September ahead of the holiday shopping season, according [...]
Amazon to challenge Apple with $99 fire TV April 2, 2014 AMAZON will enter the living room with a video streaming set top box called Fire TV. Chief executive Jeff Bezos described the rival to Apple TV as a: “Tiny box, huge specs, tons of content, incredible price”. It will pipe movies and TV shows directly from Amazon’s video service onto TV. No UK release date [...]
Why Amazon is about to become a first class citizen in the living room April 2, 2014 At 4pm this afternoon Amazon is set to launch its own mystery TV box to finally elevate the retail giant to more than a second class citizen in the video streaming space. During its “update to our video business” Amazon is expected to reveal a way for its users to access Prime Instant Video, formerly [...]
Amazon eyes streaming TV service March 28, 2014 AMAZON’S chief executive Jeff Bezos could launch an ad-supported streaming TV service as early as next week. Amazon is likely to stream original, self-produced TV series and perhaps licensed programming for free to viewers, according to the Wall Street Journal. In response, Amazon last night said: “We’re often experimenting with new things.”
Prime time: Amazon ups subscription costs as LoveFilm is phased out February 25, 2014 AMAZON is gambling on the success of its one-day delivery service Prime, by rolling out a more expensive product that includes LoveFilm Instant. Prime Instant Video launches today in the UK and went live in the US in 2011, where it costs $79 per year. UK subscribers will have to pay £79 for the combined [...]
Amazon and Google’s sales surge on digital revolution January 30, 2014 INTERNET giants Google and Amazon both reported dramatic jumps in revenue last night – of 17 per cent and 20 per cent respectively – but both still short of investors expectations. Amazon’s shares tumbled as much as 10.5 per cent during after hours trading after it reported its highest ever quarterly sales of $25.6bn during [...]
Amazon boss airlifted after kidney stone January 6, 2014 AMAZON founder Jeff Bezos was airlifted from a cruise ship by the Ecuadorian Navy after suffering a kidney stone attack in the Galapagos Islands on New Year’s Day. Bezos – the mastermind behind the world’s largest online retailer – said in an email to Reuters responding to the incident, “Galapagos: five stars. Kidney stones: zero [...]
Amazon floats plan to use drones to deliver packages December 2, 2013 AMAZON is preparing to make next-day delivery obsolete by using unmanned aerial vehicles, or drones, in an audacious plan to introduce 30-minute home delivery. The online retailer hopes to revolutionise online shopping by delivering directly from its warehouses to customers’ homes using autonomous drones that can carry small packages weighing up to five pounds (2.3kg). [...]