Amazon’s first quarter earnings report last week presented analysts and investors with a financial mystery. The company’s profits were much higher than expected, an operating margin of 7.4 percent, almost… Read More
For the first time in Amazon’s history, the company’s first-party online retail sales represented less than half of its overall net sales last quarter, even as both measures continued to… Read More
Amazon forever altered the retail landscape when it introduced the Prime two-day shipping program 14 years ago. The Seattle company has upped the ante again, pledging to make one-day shipping… Read More
Amazon is on a record run of profits, crushing its previous high mark again with $3.6 billion in net income in the first quarter. But it hasn’t always been that… Read More
Amazon, which built its Prime subscription program on the promise of free two-day shipping, said it plans to shift that core benefit into free one-day shipping. The news came during… Read More
Fire TV users may soon be getting their news from Amazon. The company plans to debut a free app for streaming video news, according to a report from The Information… Read More
Amazon’s self-proclaimed record-breaking holiday season also came with record costs for shipping billions of items to customers’ doors. The e-commerce giant spent $9 billion on shipping in the fourth quarter,… Read More
Last year, Amazon disclosed for the first time the number of Prime subscribers worldwide — 100 million. A new survey estimates that the fast-growing program has exceeded that milestone in… Read More
For the first time earlier this year, Amazon announced that its popular Prime membership program had topped 100 million accounts worldwide. However, it did not specify the exact number of memberships,… Read More
Amazon is adding some new perks for its Business Prime program, headlined by a new credit card offered with American Express. The credit card has no annual fee and includes… Read More
Today’s featured stories Tech titan Paul Allen gives $100,000 to GOP causes — and he’s not the only one Amazon briefly tops $1T market cap, joining Apple among most valuable… Read More
Amazon is changing the terms of its Prime benefits for video game pre-orders, replacing the 20 percent discount with a $10 Amazon promotional credit on “select title,” as first spotted… Read More
Amazon wants to acquire Landmark Theatres, expanding its presence in the movie business and adding another brick-and-mortar chain to its growing physical footprint, according to a Bloomberg News report. Landmark… Read More
Amazon’s drone delivery service is still in its experimental phase, but it’s already destined to become a part of American history at the Smithsonian Institution’s National Air and Space Museum.… Read More
Amazon has a new idea for anyone who has ever dreamed of owning and running a small business, but was daunted by the hurdles, or didn’t know where to start:… Read More
Today’s featured stories Inside Amazon’s Prime photo op: A secret bus ride, a spectacular Seattle view — but alas, no drones Amazon’s new blue crew: Tech giant enlists entrepreneurs to… Read More
Amazon has secured exclusive rights to stream matches from the top soccer league in the U.K. starting next year, a major boon for the tech giant’s growing live sports streaming… Read More
Amazon is taking the next step in its integration with Whole Foods Market, confirming that it will offer 10 percent discounts on Whole Foods sale items and special deals on… Read More
[Editor’s Note: TLDR is GeekWire’s daily news rundown, hosted by Starla Sampaco. Watch today’s update above, subscribe to GeekWire on YouTube for every episode, check back weekday afternoons for more, and sign up… Read More
The company that popularized the wireless delivery of electronic books is trying something new with the old-fashioned delivery of physical ones. Amazon this morning announced a new subscription box for… Read More
[Editor’s Note: TLDR is GeekWire’s daily news rundown, hosted by Starla Sampaco. Watch today’s update above, subscribe to GeekWire on YouTube for every episode, check back weekday afternoons for more, and sign up… Read More
Amazon Prime’s membership tops more than 100 million accounts worldwide, the company said this afternoon, revealing the number of subscribers to its fast-shipping program for the first time. With a… Read More
Whole Foods Market will retire its various rewards programs and online accounts May 2, as it continues to integrate with new owner Amazon. An email to rewards customers, first spotted… Read More
Twitch said it will offer a slate of free games monthly to members of Amazon Prime, adding another benefit to the fast-shipping program. The new program, called Free Games With… Read More
Amazon has added Medicaid recipients to a program that offers a discount option for the popular Prime fast-shipping program to people on government assistance. The discounted program charges eligible customers… Read More
Update: Airbnb announced Tuesday afternoon that Greg Greeley, a longtime Amazon executive who most recently led Amazon Prime and delivery services, has joined Airbnb to lead its Homes business. Greely… Read More
Iain M. Banks’ sweeping Culture science-fiction book series finally has a video home. Amazon Studios announced this morning it’s acquired the global television rights to the first novel, Consider Phlebas.… Read More
The love affair between Amazon and Whole Foods, which was solidified when the tech giant bought the grocery chain last year, goes beyond just reduced prices on avocados. For Amazon… Read More
Amazon told the world last holiday season was its biggest yet, and the retail giant wasn’t messing around. Amazon posted $60.5 billion in net sales in the fourth quarter of… Read More