Since creating his online bookseller in 1994, Amazon's founder and chief executive has turned the company into the biggest retailer on the Web, with annual sales of more than $48 billion. In 2007, Bezos introduced the Kindle electronic book reader. It's now Amazon's top-selling item. The company is also a leading provider of cloud computer services.
Amazon.com Inc., the world’s largest online retailer, decreased the most in more than a year after forecasting operating profit that missed estimates as the company invests in warehouses and digital content.
Amazon.com Inc., the world’s largest online retailer, plans to release a television set-top box that would stream video over the Internet into customers’ homes, people with knowledge of the matter said.
Amazon.com Inc. has built automated systems that detect when a customer hasn’t paid the lowest available price for a product, or when the playback of a streaming movie is shoddy, and doles out refunds.
Amazon.com Inc. paid Chief Executive Officer Jeffrey P. Bezos an $81,840 salary last year, offering no raise and no stock awards, leaving him among the lowest-paid CEOs running large technology companies.
Amazon.com Inc.’s days as the most expensive stock in the Standard & Poor’s 500 Index are numbered as Chief Executive Officer Jeff Bezos reaps profit from an $18.5 billion spending spree designed to spur growth.
Jeff Bezos is channeling Steve Jobs. It’s mid-September and the wiry billionaire founder of Amazon.com Inc. is at his brand new corporate headquarters in Seattle, in a building named “Day One South” after his conviction that 17-year-old Amazon is still in its infancy.