JEFF BEZOS

Sliding profit margins drag Amazon shares

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Sliding profit margins at Amazon.com prompted mixed reactions from analysts on Friday, a day after it posted quarterly results, though most of them stuck to their top ratings on the world's largest online retailer.

CEO trimmed Amazon stake; Q4 margins drag on shares

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Amazon.com founder and Chief Executive Jeff Bezos trimmed his stake in the world's biggest online retailer to under 20 percent last year, a regulatory filing showed on Friday, a day after the company reported quarterly results.
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John Doerr to leave Amazon board

Amazon.com Inc said that John Doerr, a renowned venture capitalist who, early on, funded many of the Internet's biggest names, will not run for reelection to the board at the company's next shareholder meeting.
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Apple's iPad no Kindle-killer, yet

The buzz in the gadget world has shifted from Amazon.com to Apple Inc with the launch of its long-awaited iPad tablet, but analysts say the world's largest retailer's Kindle device is safe in its smaller market -- for now.
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Amazon.com takes Kindle global

Amazon.com Inc is introducing Kindle, its wireless electronic reader, for over 100 countries, including China and most of Europe, intensifying a battle for the burgeoning digital book market.
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Amazon offers to replace deleted copies of 1984

Amazon.com Inc said it would replace copies of digital books that it purposefully deleted from its customers' electronic readers this summer, as the online retailer sought to make amends for the controversial incident.
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Amazon face lawsuit over Kindle's homework

Amazon faces a lawsuit filed by a high school student after his homework was remotely deleted on its kindle2 E-book without his consent according to the AFP reports Friday.
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Amazon profit slips 10 pct, revenue up 14 pct

Amazon.com Inc reported on Thursday that net profit fell 10 percent to $142 million in the second quarter, or 32 cents per diluted share, compared with a net income of $158 million, or 37 cents per share in the second quarter of 2008.
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Gates sees tech helping U.S. out of recession

Technology can pull the United States out of recession and help the world's ailing financial markets work better, Microsoft Corp Chairman Bill Gates told a high-level business summit at the company he co-founded.
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Amazon launches larger-screen Kindle

Amazon.com Inc introduced a larger, souped-up Kindle electronic reader on Wednesday designed for students and newspaper readers, but a $489 price tag could make it too expensive for many consumers.
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Amazon debuts larger Kindle

Amazon.com Inc on Wednesday introduced a larger souped-up version of its Kindle electronic reader designed for students, academics and newspaper readers.
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Amazon launches larger-screen Kindle for $489

Amazon.com Inc introduced on Wednesday a larger, souped-up version of its Kindle electronic reader designed for students, academics and newspaper readers, but its $489 price tag could cap sales.
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Amazon beats Q1 estimates, shares gain

Amazon.com on Thursday beat Wall Street expectations for first quarter earnings and sales as it drew more customers online and its Kindle electronic reader gained momentum.
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Amazon's new Kindle 2

Amazon.com Inc. today unwrap the company's upgraded reading device, this second generation version of the electronic device goes on sale next week.

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