Money and Finance
Amazon’s Bezos Fuels Tablet Wars With $199 Kindle
Jeff Bezos is channeling Steve Jobs. It’s mid-September and the wiry billionaire founder of Amazon.com Inc. (AMZN) 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.
Almost giddy with excitement, Bezos retrieves one by one the new crop of dirt-cheap Kindle e-readers --- they start at $79 --- from a hidden perch on a chair tucked into a conference room table. When he’s done showing them off, he stands up, and, for an audience of a single journalist, announces, “Now, I’ve got one more thing to show you.” He waits a half-beat to make sure the reference to Jobs’ famous line from Apple Inc. (AAPL) presentations hasn’t been missed, then gives his notorious barking laugh.
With that, Bezos pulls out the Kindle Fire, Amazon’s long- anticipated tablet computer --- and the first credible response to the Apple iPad, Bloomberg Businessweek reports in its Oct. 3 edition.
Unlike a wave of other tablets that have emerged hopefully only to flop, such as the Hewlett-Packard Co. (HPQ) TouchPad, the Motorola Mobility Holdings Inc. Xoom, and the Research in Motion Ltd. (RIM) PlayBook, the Kindle Fire has a good shot at turning the newest theater of war in high-tech into a two-tablet battle.
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Jeff Bezos Pays $250 Million For The Washington Post
In an ironic twist for a tycoon whose company has always kept its distance from the press, Amazon founder Jeff Bezos has agreed to pay $250 million cash for The Washington Post. The purchase takes the newspaper out of the hands of the Graham family,...
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Making Money While Keeping Prices Low: Amazon Ceo Jeff Bezos Explains It All (mostly)
Found via The Big Picture. Amazon rolled out a new family of Kindle devices today at a press conference in Santa Monica, Calif., including a high-end tablet for only $499. So, how does Amazon do it? How does it keep prices low, while still offering some...
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Inside Amazon's Idea Machine: How Bezos Decodes The Customer
Found via My Investing Notebook. A few months ago Amazon reached what its founder and CEO Jeff Bezos demurely tells me was “an interesting milestone.” The retailing giant, so ubiquitously associated with books, then music and video, now has tens of...
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Amazon's Kindle 2 Slims Down, Adds Audio
New York – A little more than a year after the Kindle made its debut, Amazon announced a new, updated version of its popular e-book reader Monday with a big endorsement from Stephen King. Amazon founder Jeff Bezos demonstrated the features of the new...
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Upfront And Unscripted With Jeff Bezos (audio)
I think Jeff Bezos and Chris Anderson are two of the best people from which to learn. I don't know how I missed this podcast the first time, but it is really great (in my opinion). I also think the iPod-like comparison is a valid one for The Kindle....
Money and Finance