Amazon

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Jeff Bezos' Magic Number Is $990

If Amazon shares hit that, and they're close, he'll be world's richest

(Newser) - The world's No. 2 richest man took a big step toward the No. 1 slot Thursday. With Amazon shares reaching as high as $965 in after-hours trading (up nearly $50 from the close) on the news that sales may beat estimates for the quarter, Jeff Bezos' fortune was set... More »

Would You Put an Amazon Camera in Your Bedroom?

Introducing the new Echo Look

(Newser) - Amazon wants you to install a WiFi-connected camera in your bedroom, bathroom, or wherever you regularly get dressed. You read that correctly. CNBC reports the idea of the newly announced Echo Look was so weird the site originally thought it was a joke. Amazon is billing the Echo Look as... More »

Are Amazon and Netflix Preventing the Next Tarantino?

Weighing the risks and rewards of the new kings of independent film

(Newser) - The Hollywood studio system being what it currently is—hope everyone's excited for the eighth Fast and Furious installment this Friday—it's unlikely Reservoir Dogs would have been able to secure theatrical distribution in 2017. But that wouldn't be its only option in the modern world. Quentin... More »

Amazon Employee Nearly Kills Internet With Typo

A loss of Amazon cloud services reportedly cost companies $150M

(Newser) - The internet came crashing down Tuesday due to a single typo made by an Amazon employee in Virginia, the Wall Street Journal reports. According to CNN , the employee was trying to fix a problem with the S3 billing system. S3 is part of Amazon Web Services, which hosts hundreds of... More »

Amazon Defends Alexa's 1st Amendment Rights in Murder Case

Police want recordings from the suspect's Amazon Echo

(Newser) - Does Alexa have First Amendment rights? That's one of the questions at the heart of a legal battle between Amazon and Arkansas police. Victor Collins was found dead in James Bates' hot tub back in 2015, and Bates has been charged in his friend's murder. Believing an Amazon... More »

Amazon Announces 100K New US Jobs

Mostly working in warehouses or answering phones

(Newser) - Amazon is creating 100,000 new full-time jobs in the US, mostly for positions answering phones or working in warehouses, over the next year and a half, CNN reports. That will bring the company's total workforce up to 280,000. Amazon made the announcement Thursday, and the Trump team... More »

Families Can Soon Use Food Stamps for Online Groceries

The USDA is rolling out a pilot program this summer

(Newser) - Families who rely on food stamps may not be left out of the future of grocery shopping after all. A US Department of Agriculture pilot program will allow Americans in certain areas to use their food stamps at Amazon, FreshDirect, and other online grocery stores, Mashable reports. The program is... More »

Run-DMC Sues Amazon and Walmart for $50M

Darryl 'DMC' McDaniels says retailers are infringing on their trademark

(Newser) - You know what they say about trademark law: It's tricky, tricky, tricky. Reuters reports Run-DMC founder Darryl "DMC" McDaniels filed a lawsuit Thursday in New York seeking at least $50 million from Amazon, Walmart, and a number of other retailers. The lawsuit accuses the retailers of infringing on... More »

Amazon May or May Not Be Building a Floating Warehouse

Company receives patent for 'airborne fulfillment center'

(Newser) - Amazon has received a patent for what one tech analyst calls the "Death Star of e-commerce": a floating warehouse hovering more than 8 miles above the ground and "spitting out delivery drones." The "airborne fulfillment center" could station itself above an event, such as a sports... More »

The Holiday Season Was Very Good to Amazon

Online retailer says it was the best ever

(Newser) - Fans of Carrie Fisher, Wham!, and democracy are having a pretty rough holiday, but at least things are going well for one online behemoth. Amazon says it had its best holiday season ever, shipping more than 1 billion items, Reuters reports. Amazon stock went up 1.6% with the news.... More »

Mystery Lives On for 'Amazon's Own Stonehenge'

Experts believe 127 stone structures in Brazil suggest sophisticated astronomical observatory

(Newser) - "What other secrets about our past are still hidden in Brazil's jungles?" These are the musings of Lailson Camelo da Silva, the man credited with stumbling across the "Amazon's own Stonehenge," the New York Times reports. Scientists had come across the huge granite blocks—a... More »

Amazon Delivery by Drone Has Begun

First delivery took just 13 minutes from time of order

(Newser) - Amazon has made its first delivery by drone. The inaugural "Amazon Prime Air" delivery took place last week, but was just reported by the company Wednesday. The long-anticipated air delivery took just 13 minutes, CNET reports. Amazon's goal for Prime Air is for deliveries to take 30 minutes... More »

Scottish Amazon Workers Are Sleeping in Tents

Local pol rails against company for 'intolerable working conditions,' poor wages

(Newser) - What started with photos of a handful of tents outside a Scottish Amazon warehouse has blown up. The Courier published pics over the weekend of what it said were the makeshift homes of "hard-pressed" Amazon workers now sleeping outside their place of employment to save on commuting costs, just... More »

An Old Friend Tops Amazon's Bestselling Books of 2016

'Harry Potter and the Extremely Good-Selling Book'

(Newser) - Amazon has released its list of the top 20 bestselling books of 2016, a year in which a new Harry Potter story was released, so the top spot shouldn't be a surprise to anyone. “The power of Potter is still strong, and readers of all ages can’t... More »

New Amazon Brick-and-Mortar Store Dumps the Checkout Line

Go ahead, grab what you want and walk out. Amazon Go is watching

(Newser) - Generally, walking into a grocery store, grabbing what you want, and walking out without checking out is a little thing polite society likes to call "shoplifting," but Amazon has eliminated the checkout line without introducing the criminality via Amazon Go, a brick-and-mortar store currently in beta. The lowdown:... More »

Amazon Apparently Trying to Fend Off Megyn Kelly Trolls

After flood of one-star book reviews, some are coming down

(Newser) - Megyn Kelly's new book has been getting the Amy Schumer treatment on Amazon since its release last week, with critics leaving one-star reviews along with comments such as "put some clothes on." Now Amazon has apparently stepped in. Publisher Harper Collins says it alerted Amazon to reviews... More »

Amazon Gets Patent for Tiny Police Drones

They're adorable and potentially civil-liberty-violating

(Newser) - In the future, a cop's partner could be a tiny, shoulder-mounted, voice-activated drone. The Seattle PI reports Amazon received a patent for an "unmanned aerial vehicle assistant" on Oct. 18. Illustrations from the US Patent and Trademark office show a miniature drone perched on a docking station on... More »

Family Sues Amazon After Hoverboard Burns Down Their House

Family claims a defective hoverboard bought off Amazon caused the fire

(Newser) - Amazon is being taken to court after a faulty hoverboard caused a fire that destroyed an expensive Nashville home, USA Today reports. The gadgets, which were a hot item last Christmas, have an unfortunate habit of catching fire and exploding. The Fox family of Nashville, Tenn., found this out the... More »

Apple: 90% of Chargers Sold on Amazon May Be Counterfeit

Apple filed a lawsuit Monday

(Newser) - Buyer beware: Nearly 90% of Apple chargers and cables sold on Amazon could be counterfeit, the AP reports. That's according to a lawsuit Apple filed Monday against Mobile Star LLC. Apple claims the chargers—manufactured by Mobile Star and wrongly bearing the Apple logo—"pose a significant risk... More »

Tech Giant Is Getting Into the Convenience Store Game

Sources say Amazon wants to expand further into grocery market

(Newser) - Amazon is about to expand ever further into the grocery business in a big way, sources tell the Wall Street Journal . Plans include opening convenience stores where shoppers can grab perishable groceries (milk, meat, fruit, etc.) to take home while using their mobile phones or touchscreens inside the store... More »

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