Jeff Bezos

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Gay-Marriage Fight's Windfall: $2.5M From Amazon Boss

Bill Gates, Steve Ballmer give $100K each

(Newser) - When a former employee emailed Jeff Bezos to ask for some cash to support a gay-marriage referendum in Washington state, she asked him to consider ponying up between $100,000 and $200,000. Instead, she landed $2.5 million for the cause. "This is right for so many reasons,...

Tech Moguls: Modern-Day Robber Barons

Mark Zuckerberg, Jeff Bezos equally big on biz, not values

(Newser) - Ten of the world's richest 100 people have ruthlessly siphoned their billions from IT, making today's tech moguls the equivalent of the infamous capitalist robber-barons of last century, like John Rockefeller or Andrew Carnegie, writes John Naughton in the Guardian . From Bill Gates and Mark Zuckerberg to Sergey...

Jeff Bezos Building $42M Clock

Amazon founder's time piece will be 200 feet tall, last 10K years

(Newser) - Nobody spends money quite like Jeff Bezos. Case in point: The Amazon founder and CEO is building a 200-foot-tall clock deep inside a mountain near his West Texas property, the Wall Street Journal reports. Dubbed the "10,000 Year Clock," the device is designed to last millennia, playing...

Amazon Soars as Kindle Fire Grabs Market Share

Sales of digital products pay off tablet investment

(Newser) - Selling Kindle Fires turns out to have been a very profitable way for Amazon to lose money. The no-frills tablet computer—which sells for slightly less than it costs to make —has now captured more than half of the Android tablet market, with rival tablets from Samsung and Motorola...

Apollo 11 Engines Found on Ocean Floor

Jeff Bezos plans to bring moon rocket engines to surface

(Newser) - Amazon founder Jeff Bezos says he's discovered the watery resting place of the engines that blasted Neil Armstrong and the Apollo 11 crew toward the moon in 1969—and he's not planning on leaving them there. A Bezos Expeditions team found the five F-1 engines at the bottom...

Kindle Fire Price Tag: $199

Amazon's offering will be significantly cheaper than most tablets

(Newser) - Amazon is introducing its new Kindle Fire tablet in New York, but Bloomberg got some details—and Mashable got a picture—early. For one thing, the $199 price tag is lower than rumored. It will feature a 7-inch display and WiFi capability, but no 3G, camera, or microphone. A free...

Jeff Bezos' Unmanned Spaceship Blows Up

Amazon founder's ship is destroyed in test flight

(Newser) - Amazon founder Jeff Bezos' plans to develop a space taxi have taken a big hit after an unmanned spaceship from his Blue Origin company went ka-boom on a test flight, reports the Wall Street Journal . Few details are known about what happened, other than it's a setback for both...

Vanity Fair Unveils 'New Establishment' List

Mark Zuckerberg tops it, along with other tech execs

(Newser) - Vanity Fair put another feather in Mark Zuckerberg’s cap today, naming him to the top spot in its “ New Establishment ” list for the second year in a row. What’s the “New Establishment” you ask? Well, in the magazine’s words, it’s “an innovative...

Amazon CEO's Latest Idea: Cellphone Airbags

Jeff Bezos files patent application for phone protection system

(Newser) - Amazon CEO Jeff Bezos' next big idea is one for the klutzes of the world: cellphone airbags. According to a patent application obtained by Geekwire, the bags would deploy if the phone sensed, using radar, that it was falling (say, out of your pocket, where you really shouldn't keep...

Amazon Fights to Avoid Sales Tax

Keeps a map of where employees can travel to

(Newser) - It’s not a lucky quirk of the laws that keeps Amazon from charging you sales tax—it’s a concerted campaign. Former employees tell the Wall Street Journal that the company goes to great lengths to shield customers from the tax man. Employees for example must consult a color-coded...

Most Influential of 2010: Zuck
 Most Influential of 2010: Zuck 
vanity fair 100

Most Influential of 2010: Zuck

Facebook founder tops Steve Jobs, Rupert Murdoch

(Newser) - Frighteningly enough, Mark Zuckerberg tops Vanity Fair 's list of this year's most influential people of the Information Age. The top 5 of its 100:
  1. Mark Zuckerberg, Facebook: His company is valued at around $25 billion, has more than 500 million members, runs 176 billion banner ads a month, and
...

Amazon Unveils Cheaper Kindle
 Amazon Offers Even 
 Cheaper Kindle 
NOW $139

Amazon Offers Even Cheaper Kindle

It's also thinner, has better screen

(Newser) - Amazon has announced a new, improved and cheaper version of the Kindle, boasting that the price cut will make it a “mass market” device. The new, slightly smaller, device boasts a higher-contrast screen and a one-month battery life, but can be had for just $139 for the WiFi-only model....

The Kindle Refuses to Die

 The Kindle Refuses to Die 
Sorry, iPad

The Kindle Refuses to Die

Sales soaring of the device iPad was to make obsolete

(Newser) - Looks like the advance obits for the Kindle, which was supposed to be killed off by the iPad, were a bit premature. The iPad is selling sensationally (3.3 million and counting), Daniel Lyons notes in Newsweek , but so is the Kindle (3.5 million this year). Why? Sure, slashing...

Kindle Book Sales Overtake Hardcovers: Amazon

Even with iPad competition, sales of devices rise

(Newser) - Amazon is selling more books as Kindle downloads than as hardcovers, CNET reports . In the past month, the website sold 180 Kindle books for each 100 hardbacks. CEO Jeff Bezos calls the shift "astonishing, when you consider that we've been selling hardcover books for 15 years and Kindle books...

How to Create a Kindle Best-Seller: Give It Away

Publishers are using free downloads to lure readers

(Newser) - The brave new world of publishing in the age of e-readers had led to this: More than half of the "best sellers" on Amazon's Kindle are actually give-aways. While some are classics in the public domain, many are new titles. Publishers are embracing the idea of free downloads as...

Amazon Buys Rival Zappos for About $900M

(Newser) - If you can't beat 'em, buy 'em. Amazon is shelling out about $900 million in cash and stock to purchase rival online retailer Zappos, reports TechCrunch. Zappos specializes in shoes, and the investment—the biggest in Amazon's 14-year history—suggests Jeff Bezos is looking to shore up his company's less-than-stellar...

Here Comes the New Kindle (Probably)

(Newser) - Tech bloggers reading their tea leaves say e-book fans can expect the new version of the Kindle on Feb. 9. Though maker Amazon has made no announcement, the company has scheduled a major press conference that day with chief Jeff Bezos. And, notes Brad Stone of the New York Times,...

Wall Street's Tumble Costs Buffett $9.6B

Top CEOs have taken a 28% hit in the value of their company holdings

(Newser) - Next time you check the value of your portfolio, know that America's top executives are taking a pounding with you: Berkshire Hathaway CEO Warren Buffett has seen his holdings in his company decline $9.6 billion this year, reports the Wall Street Journal. And he’s got company. Oracle’s...

Re-Kindling May Not Be Enough
 Re-Kindling May Not Be Enough
ANALYSIS

Re-Kindling May Not Be Enough

Version 2.0 is coming, but a megahit may still elude Amazon

(Newser) - Amazon plans to launch the next generation of its Kindle e-book player in the coming months, but an iPod-sized hit may still be out of the company's grasp, Peter Burrows writes in BusinessWeek. Much-needed improvements are on the way, but the real future for Kindle could be in using its...

Kindle Is King of the Market —But It's a Small Market

Amazon's electronic reader is up against tough demographics

(Newser) - After about 9 months on the market, how goes the Kindle? No official sales figures are out for Amazon's electronic reader, but Liz Gunnison of Portfolio tries to get a sense of things. If you were expecting it to ignite a revolution in reading, keep dreaming. Amazon has likely sold...

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