New York Times: "Amazon.com said Thursday that it reached an agreement to buy Audible, a provider of digital audiobooks, for $11.50 a share, in a deal that bolsters the online retailer's offerings of audio downloads."
Thursday, January 31, 2008
Wednesday, January 30, 2008
Amazon’s Profit More Than Doubles
New York Times: "On Wednesday the company announced that fourth-quarter profit more than doubled to $207 million, or 48 cents a share, from $98 million, or 23 cents a share in the fourth quarter last year. It reported sales of $5.67 billion, up 42 percent from $3.99 billion in the quarter last year."
Tuesday, January 29, 2008
Slashdot Founder Questions Crowds Wisdom
Bits (New York Times Blog): "One of the oldest rivals to the community news site Digg is pointing to recent unrest at the site as evidence that the social news model is flawed."
eBay Lowers Listing Fees to Boost Sales
New York Times: "eBay Inc. said Tuesday it will cut by up to 50 percent the fees it charges sellers to list their goods online, in an effort to boost listings and keep pace with other burgeoning e-commerce sites."
Wal-Mart Chops Prices In Bid To Boost Shopping
CNNMoney.com: "Wal-Mart announced Tuesday that it will chop prices between 10 to 30 percent this week on groceries, electronics and other home-related products in an effort to keep its cash-strapped consumers excited about shopping."
Sunday, December 30, 2007
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