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.
Jeff Bezos News
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GraphLab Inc., which helps retailers and Web-applications developers analyze data to provide customer recommendations, received $6.75 million in a funding round led by Madrona Venture Group LLC and New Enterprise Associates.
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The chief executive officers of software developer Oracle Corp. and watchmaker Fossil Inc. both work for a salary of a dollar or less a year. The only difference: $96.2 million.
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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.
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Digi International Inc., a provider of wireless products, has settled a patent case brought by U.S. Ethernet Innovations, the Minnetonka, Minnesota-based company said in a statement.
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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.
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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.
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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.
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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.
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Business Insider Inc., the news site co-founded by former Internet analyst Henry Blodget, raised $5 million in venture capital from investors led by Amazon.com Inc. Chief Executive Officer Jeff Bezos.
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Borders Group Inc.’s almost certain liquidation may have begun with a toast a decade ago celebrating its decision to pay Amazon.com Inc. to run its website.
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