Selling consumer electronics isn’t as easy as it used to be for Best Buy. The big-box retailer is closing 50 stores and compensating employees based on customer service after its fiscal fourth-quarter sales fell short of expectations. The company today reported a fiscal fourth-quarter net loss of $1.7 billion, on revenue of $16.63 billion, up …
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From a report by the FCC that included the technology companies and textbook publishers. More details at AllThingsD
After one year, Amazon’s Kindle Fire has 31,000 apps: March 15, 2012 – Amazon Appstore for Android, which helped lay the foundation for a big Kindle Fire launch, is celebrating its one-year anniversary and has now eclipsed 31,000 apps, up from 4,000 at launch. That’s a strong first year for an app store that began …
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According to research from the IHS Screen Digest, we may have finally reached the point when streaming video services have become ubiquitous enough to take over American households. The researcher forecasts that 3.4 billion movies will be legally consumed over streaming services this year, more than double the 1.4 billion that were viewed last year …
I pay attention to advertiser spending because it’s how I make my living. It’s also how Google has come to dominate the world, making $3 billion a month on advertising. Which makes it all the more interesting to see who is funding all this. Here is the top ten list, in millions. The top spender …
This is a personal piece about my experiences owning a Kindle for 2 years. I came up with my 5 favorite things about owning one: it saves time, lighter, cozy-up, the classics, and exotic books.
Do you order a lot from Amazon? Do you also watch streaming Netflix? If so, then you are the unlikely target of Amazon CEO Jeff Bezos. On Wednesday, he posted a memo on Amazon’s homepage asking you to pay $79 to get unlimited two-day shipping and access to over 1,000 movies and TV shows. It’s …
I’m not an stock analyst but I do like to trade and my specialty is tech. Specifically, trends in the industry and I think Amazon (AMZN) is trending for three reasons: warehouses, cloud, and e-books. Amazon’s core business model is to dominate the 174 billion dollar e-commerce industry. The growth for which is incredible, a …