People don’t think about us so much since we stopped featuring sexy women eating our big, fat burgers sexily. I know. But what are you going to do? Everything’s so PC these days. How about we give up? We’re marketing people. We never give up. No, give up the company and make money. How about …
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Amazon’s controversial 1-Click patent opens with a summary that’s decidedly dry. It reads: “A method and system for placing an order to purchase an item via the Internet.” Despite its stiff language, that US patent, which was granted in 1999, helped open the internet to droves of shoppers by allowing customers on Amazon.com to buy stuff with — you guessed …
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Amazon is now so big it wants a second headquarters. The world’s largest online retailer said Thursday it plans to build a corporate base in a major North American city that will be an equal to its existing Seattle headquarters. It expects to spend over $5 billion on the project, called Amazon HQ2, and hire as many as 50,000 people …
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Laurene Powell Jobs, widow of Apple founder Steve Jobs, will soon co-own The Atlantic magazine. Chairman and current owner of Atlantic Media David G. Bradley said Friday that he’ll be selling the majority of the magazine to Emerson Collective, the social justice organization led by Jobs. Bradley, who will keep a small portion of the company, told The Atlantic that …
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History has repeated itself for Amazon. Following a series of strong quarterly results, the company has yet again shrugged off Wall Street’s expectations and posted an unexpectedly low profit. The clear culprit was — yet again — Amazon’s penchant for shoveling billions more dollars into its businesses to amp up their growth. In its earnings report Thursday, the company said …
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Amazon is shelling out $50 million to stream National Football League games, and that’s just the start. This year, the e-commerce titan is expected to spend $4.5 billion on video-streaming content, nearly double last year and not too far from Netflix’s $6 billion video budget. And video is the only thing Netflix does; Amazon also sells shampoo and cloud services …
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Amazon took an additional step to unwind its Quidsi business, which operates Diapers.com and Soap.com. As of Tuesday morning, Quidsi.com now redirects to Amazon.com. The Quidsi site as recently as last week was the division’s main portal, providing visitors with the company’s history, job openings listings and links to its six specialty retail websites: Diapers.com, Soap.com, BeautyBar.com, Wag.com, Yoyo.com and …
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Amazon may be nearing one of its biggest acquisitions in years, this time with its eyes on growing in Middle East e-commerce. Reuters reported Wednesday that Amazon agreed in principle to buy Dubai-based Souq.com, one of the biggest e-retailers in the Arab world. The site, started in 2005, sells over 400,000 products including electronics, clothes and household goods. Wednesday’s story …
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Now playing: Watch this: Microsoft joins suit to stop immigration ban, other tech… 1:06 Bezos at a meeting of tech executives and then President-elect Donald Trump at Trump Tower in Manhattan last month. Drew Angerer/Getty Images Jeff Bezos, Amazon’s CEO and founder, said his company is going into action to counter President Trump’s controversial immigration order, which temporarily blocked refugees …
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Amazon is getting in the mix of US companies promoting their efforts to create more US jobs. The e-commerce giant said Thursday it plans to create 100,000 new full-time, full-benefit jobs in the country over the next 18 months, expanding its US workforce to 280,000 — up 56 percent from 2016. While that’s a huge number, many of these new …
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