At a hearing on Capitol Hill in May, James Moroney, the publisher of the Dallas Morning News, told Congress about negotiations he’d just had with the online retailer Amazon. The idea was to license his newspaper’s content to the Kindle, Amazon’s new electronic reader. “They want seventy per cent of the subscription revenue,” Moroney testified.
In the future, Amazon.com’s Kindle e-book reader will display more book formats beyond its own.
Venture capitalists view the decision by e-book pioneer E Ink Corp. to sell out to a Taiwanese company as one more sign of the moribund IPO market.
E Ink, of Cambridge, Mass., would once have been a sure-fire candidate for an initial public offering. Its sales more than doubled to $18 million in the first quarter on the strength of rising sales of products like Amazon.com’s Kindle and Sony’s Reader, which use E Ink technology.
Prime View International, a Taiwanese company that makes an e-readers display part, said today it would purchase E-Ink, a company that provides the digital ink technology in the Amazon Kindle and Sony Reader, for $215 million.
Ebay has a problem: It’s viewed as a quirky second-hand bazaar.
Amazon has unveiled a new service called AWS Import/Export that is designed to “accelerate moving large amounts of data” to and from Amazon’s S3 cloud-based storage solution.
Here is the latest comic from our Joy of Tech friends at Geek Culture, Nitrozac and Snaggy. Joy of Tech appears three times a week in the Voices section of this site. (Click on the image to see a bigger version.)
Amazon.com’s Kindle e-book reader has already inspired hope for new digital business models for book and newspaper publishers. Now the Kindle wants to do business with bloggers too.
Just when I was coming to terms with my ambivalence toward my Kindle e-book reader, Amazon and the publishers have gotten greedy.
I’ve had a love-hate relationship with the device since I bought my first one about 9 months ago.
As a frequent traveler and voracious reader, I’ve found the Kindle to be nearly ideal. I never have fewer than a dozen books in its memory, and they’re always things I want to read.
Some tech-savvy fliers find it a bit frustrating that they’re asked to turn off their Kindles and e-readers for takeoffs and landings.
The Kindle DX, displaying a page from The New York Times, is demonstrated at a news conference Wednesday.
A trade organization whose members include IBM, Microsoft and a laundry list of other tech companies announced this week that it has formed a group to create standards for a way of accessing information over the Internet known as “cloud computing.”
There’s a lot of excitement about ebooks these days, and rightly so. While Amazon doesn’t release sales figures for the Kindle, there’s no question that it represents a turning point in the public perception of ebook devices.
Amazon.com’s first-quarter earnings grew 24 percent to $177 million, compared with the year-ago period, while net sales rose 18 percent to $4.89 billion.
In a statement, Amazon CEO Jeff Bezos said sales of its Kindle e-book reader “exceeded our most optimistic expectations.”
One online retailer to rule them all.
Amazon.com could be responsible for close to a third of all U.S. e-commerce transactions, RBC Capital analyst Stephen Ju asserted in a research note this morning. Ju notes that Amazon’s reported revenues consist of a mix of gross revenues from its own businesses plus net third-party commissions.
Amazon’s Kindle 2 is slimmer, faster and has longer battery life than its predecessor.
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