The dispute between Amazon.com, Inc (NASDAQ AMZN) and the publisher Hachette continues, with Amazon firing the latest shot. The online retailer Amazon reportedly sent letters to some authors published by Hachette and their agents, offering them 100% of their e-book revenue. An Amazon spokesperson said that Hachette should stop using its authors as “human shields”…
In a news which would effect the Amazon stock, Amazon.com, Inc (NASDAQ AMZN) is facing a potential lawsuit from the FTC similar to the one it brought against Apple to tighten its rules on in-app purchases. Unlike Apple, Amazon.com, Inc. (NASDAQ:AMZN) is pushing back at the FTC saying that it is ready to “defend approach…
Amazon.com, Inc (NASDAQ AMZN) has filed a lawsuit against a former employee Zoltan Szabadi for accepting the job with Google Inc (NASDAQ GOOG). Amazon filed a lawsuit in Seattle, Washington claiming that Szabadi’s acceptance to take a job in Google somehow breached the contract he signed with Amazon, according to various sources. Amazon has yet…
Amazon.com, Inc. (AMZN)’s Prime Music streaming service was launched last month amid much fanfare. The company officially launched Prime Music, a new service that offers Prime customers access to over 1 million songs and hundreds of curated playlists. Presently, the service is available on desktop, Android and iOS. The service is available at no additional…
Amazon.com, Inc. (AMZN) unveiled its Fire Phone on June 18, marking its debut in the saturated smartphone market.After years of speculation that Amazon was working on a phone, the company finally unveiled the Fire Phone last month. It is certainly unlike anything we have seen before with its dynamic perspective screen and four front facing…
