Gawker
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e-book wars
Simon & Schuster Sticks It to Amazon, Partners With Scribd
Simon & Schuster will announce today that it's struck a deal with Scribd.com to make around 5000 digital titles available for sale on the site, a move that sends a clear "screw you" message to Amazon and their little Kindle. More »
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7
Comment by smithhimself: Long range, I'd short the stock. Amazon's immense greediness is going to bring them down. 3 Responses | Other threads
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science
Jeff Bezos Wants Your Baby's Brains
What will Amazon.com CEO Jeff Bezos do next, after launching his grand Kindle swindle on the newspapers? He's aiming to get inside your offspring's heads! More »
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By Owen ThomasComment by Mutley: I really can't tell if Bezos is giving or receiving in that photo. 2 Responses | Other threads
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print is dead
A Bigger Kindle Makes Jeff Bezos Richer and Newspapers Poorer
Amazon.com CEO Jeff Bezos unveiled the Kindle DX, a large-screen e-reader, today at the site of the New York Times's former headquarters in Lower Manhattan. The message: He's the future and newspapers are the past. More »
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By Owen ThomasComment by stanhalen: But can you use this contraption as a blanket when you're sleeping on a park bench? The broadsheet is the classic... 2 Responses | Other threads
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hires
Should MySpace Hire the Hero or the Zero?
Former Facebook COO Owen Van Natta is the frontrunner to replace Chris DeWolfe as MySpace CEO. Blog lordling Jason Calacanis has been jokingly nominated for the News Corp. gig. Here's who should get it. More »
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By Owen ThomasComment by nirreskeya: Obviously it's possible, but is it common for execs to live in the Bay Area and commute to L.A.? 3 Responses | Other threads
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jeff bezos
The Revenge of Amazon.com's 'Chuckling Maniac'
Jeff Bezos turned up on the Daily Show couch to promote Amazon.com's newest Kindle e-book reader. And as this clip shows, he laughed, and laughed, and laughed. Why wouldn't he? More »
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By Owen ThomasComment by Schmalerie: I had heard about Kindle before, but never really made an effort to learn about it. After watching this... 5 Responses | Other threads
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deathwatch
The End of Second Life
Those who can't do, teach. Second Life, the most overhyped virtual world, has been abandoned even by its most fervent journalistic promoters, like Reuters and Wired. It's now pitching itself as an online schoolhouse.
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By Owen ThomasComment by SidAndFinancy: I have to agree that "getting into random conversations with strangers from around the world" is "boring or creepy." Am... 8 Responses | Other threads
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predictions
The Next Gadget Gods
This past year, Bill Gates and Steve Jobs began to focus on priorities other than tech. Who will fill their winged sandals and become the new Gadget Gods? [Gizmodo]
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Comment by TechFanErik: Steve jobs and Jesus are going to ride in on a cloud of money that they made off of the... 8 Responses | Other threads
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stocks
Why founders win
Silicon Valley entrepreneurs like to talk about their hopes of "changing the world." Yes, of course: Changing the world from one in which they are poor to one in which they are fabulously wealthy. The question in the air is whether the founders of companies do a better job at creating wealth, for themselves and their investors, than professional managers. With Yahoo announcing Jerry Yang's plans to step down as CEO, it would seem like a losing time for founders. But Yang is an exceptional case; he took his hands off the steering wheel when Yahoo had a mere five employees, and never really ran anything until he stepped in as CEO last June. Most founders of successful startups eagerly seize power, and have to be forcibly dislodged from the driver's seat. The best never let go. Just take a long-term look at the stock market, and you'll see why. More » -
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lists
BusinessWeek scrapes Techmeme for its latest list
Loic Le Meur! Gabe Rivera! Joi Ito! Don't feel bad if you've never heard of them. BusinessWeek.com's latest 25 Most Influential People on the Web is a mashup of billionaire powerbrokers with a randomized handful of those folks you run into at that same little tech conference that happens under a different name every month. I'm guessing they left out TechCrunch's Michael Arrington to create buzz. If you don't want to click through 27 pageviews on BusinessWeek's site, here's the entire list in alphabetical order: More »
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By Paul BoutinComment by newtonke: I think it is much more the people 'behind' those people you should watch. If your a gagbillionairre, or your... more » | Other threads
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layoffs
Laid-off Wall Street techs offered work at Silicon Alley startups
Buy low, sell high, as they say on Wall Street. And right now, there's a flow tide of technical talent from shuttered financial firms flooding the New York Area available at rock-bottom prices. Fred Wilson at Union Square Ventures says why not take a pay cut and work longer hours at a Web startup? The "quant jocks" Wilson describes could also bank their savings and some unemployment checks and spend six months pitching a business plan — I bet they could convince Wilson to throw some money your way. The entrepreneurial route worked for former finance techie Jeff Bezos, an early adopter who worked at a hedge fund before hedge funds were cool. First Round Capital has a list of jobs in and around New York for those who would rather continue collecting a paycheck. Though the fund did sneak in email startup Xobni, which is on the left coast. "[H]ey, why not consider a move. The weather is better and winter is coming!!!" That said, so is Julia Allison. (Photo by AP/Mary Altaffer) -
venture capital
Jeff Bezos backing two secretive startups
The founder of Amazon.com is usually pretty tightlipped about his personal investments, which he makes through a vehicle called Bezos Expeditions. Stephen Campbell, Bezos's chief investment officer, has blabbed about two new Jeff Bezos-backed startups via his LinkedIn profile. One, Finsphere, raised eyebrows in June when regulatory filings revealed it had raised $10 million from an unnamed source. Could Bezos be the bountiful backer? More »
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By Owen ThomasComment by Shadowlayer: Translate "Fast-Paced Enviroment" for "You'll get a pink slip up your ass before you know it". more » | Other threads
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acquisitions
Microsoft buys Powerset search for 90 percent off Yahoo search list price
Powerset never quite managed to launch with their natural language parsing search product. But they did give everyone a glimpse with a preview of search for Wikipedia. Not quite game-changing enough for Yahoo to buy or Amazon's Jeff Bezos to invest in, but just enough to get Microsoft to pay $100 million. Which is considerably less what Team Redmond would have paid for Yahoo's search business. Not bad for a company running on borrowed hopes and dreams. (By Intern Alaska, photo from Powerset) More »
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By Alaska MillerComment by MrMedia: did any Powerset employees make out in this deal? It screams of VC liquidation preference of about 5 :... more » | Other threads
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venture capital
Jeff Bezos invests undisclosed amount in Twitter
The favorite downtime-riddled platform for sharing the lumps life gives you in 140 characters or less, Twitter, has received a hot investment infusion of an undisclosed amount from Amazon founder and CEO Jeff Bezos and Bijan Sabet of Spark Capital. Spokesperson Biz Stone promises everyone that "Twitter will become a sustainable business supported by a revenue model," though they must have been a bit more specific when pitching to Bezos and Sabet. Sabet, for his part, earned himself a seat on Twitter's board with the deal. [Twitter Blog] -
mine is bigger
Keeping Bezos, Ellison and Schmidt safe cost $3.4 million last year
Keeping Oracle CEO and cofounder Larry Ellison safe cost the company $1.7 million over the fiscal year ending May 31, 2007. Most of that money went to guards at his homes as well as installing and repairing home security systems, according to Oracle's SEC filings. Part of Amazon.com founder and CEO Jeff Bezos's 2007 compensation included $1.2 milion for personal security. Google CEO Eric Schmidt spent $475,000 on security in 2007. A lot of the money probably goes to security precautions that might seem a lot more like luxuries than necessities. More »
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Comment by SeanPara: mediawhoremeow: I was wondering how you got on with the full page Jimbo article in the Observer this weekend?... more » | Other threads
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google
Street View finally coming to Seattle
The Google Street View car was Spotted in Microsoft Country last week after launching in many smaller markets around the country first. Apparently the drivers, rather than use some fancy, newfangled Internet doohickey, simply burn the data captured by the rooftop camera array onto a CD and mail it back to Mountain View. The fact that Portland, Oregon and Juneau, Alaska were added to the list of Street View cities before Seattle inspired an April Fools article in local publication Naked Loon quoting a fictional Google spokesmonkey as saying the addition of Seattle was "extremely unlikely, save for some kind of highly localized disaster centered somewhere in Redmond." More »
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By Jackson WestComment by CosmoGolem: This is really creepy technology. I wonder when we'll see people through the walls of their homes! My 85-year-old... more » | Other threads
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quotable
Jeff Bezos just wants his shareholders to know he's still having sex
Attention, Amazon.com shareholders! Your money is not, repeat not in the hands of a sexless technomonk. Jeff Bezos took a moment to share some evidence of this at his annual shareholders meeting in Seattle. He reprised an anecdote about The Joy of Sex and its pivotal role in the early days of Amazon, lifted from his turn as Carnegie Mellon's commencement speaker last month: "I have a whole mess of children," then demurred, "I have to be a little delicate here because my parents are in the audience." -
death of print
Attempt to spark Kindle flame leaves publishers cold at Book Expo
LOS ANGELES, CA — Consumers aren't the only ones not buying the Amazon Kindle pitch. At a presentation by Amazon.com representatives at Book Expo America on Saturday, publishers proved an equally tough sell. The reps held a special session to introduce publishers to Amazon's tools for uploading, publishing, and managing inventory for the Kindle. While the Digital Tools for Publishers system is slick and easy to use, the company wasn't particularly transparent about questions regarding the size and makeup of the market for Kindle e-books. More »
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By Jackson WestComment by ifstone: Borders books here has a Sony Reader on display that customers can play with. (It's tethered to a kiosk.) I... more » | Other threads
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amazon.com
Jeff Bezos pitches the Kindle, BookSurge to skeptical mob at Book Expo America
LOS ANGELES, CA — Jeff Bezos pitched the Kindle to attendees at Book Expo America today in downtown LA, and then sat down with Wired editor and author of The Long Tail Chris Anderson for a little chit-chat. The takeaway? Much like Apple, Bezos uses the euphemism "customer experience" for "vertical integration," especially when it comes to the new Kindle and the requirement that print-on-demand publishers work with Amazon subsidiary BookSurge. After the jump, some choice quotes from before Anderson's questions (presumably from his notes, on regular old paper, pictured here) started to veer into extreme audience irrelevance when he brought up EC2 and Bezos' space ambitions. More »
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By Jackson WestComment by colonelpanic: The Sonics, Kindle and Microsoft Bob. Three things that we wish had stayed in Seattle. More technology flops. more » | Other threads
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taxes
Amazon.com exploits corporate welfare in the Keystone State
Texas isn't the only state going after Amazon.com for abusing the Supreme Court decision that requires mail-order retailers to collect sales taxes only on purchases in states where the company has a significant physical presence. In Pennsylvania, which is about to become host to a new Amazon distribution center, a local editorial is questioning the legality of the company avoiding state sales taxes by putting the warehouse titles under the names of subsidiaries. More »
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By Jackson WestComment by sample032: Abusing? You mean the way Amazon is abiding by the constitution and the court's interpretation, while states aren't respecting... more » | Other threads
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e-commerce
Amazon.com encourages Kindle casual encounters
Amazon.com founder Jeff Bezos may not be a sexless monk, but what about owners of the Kindle e-book reader? Hoping to ignite the flame of consumer desire across America, Amazon has set up a page for people to "See a Kindle in Your City."Whether you want to meet at your local coffee shop, a public park, or your favorite watering hole is up to you. We hope you enjoy meeting your fellow Kindlers.
I give the program two weeks before "Kindle owner seeks Tina for PnP" hits the site. -
quotable
Jeff Bezos to remind John Doerr he's not a virgin
Speaking to young graduates, including eight new Amazon.com hires, at Carnegie Mellon University's commencement ceremonies on Sunday, Jeff Bezos admitted that he's a nerd who does "a mean interpretation of Captain Picard," but is not a sexless monk. That classification was suggested by Amazon board member John Doerr of Kleiner Perkins. Citing Bezos as an example, Doerr said the perfect founder "is undistracted because he has no sex life." Bezos intends to remind the sex-negative venture capitalist of his many children at Amazon's next board meeting. John, if you need a retort, just exclaim how "resourceful" Mackenzie Bezos is.
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By Jackson WestComment by dingdongditch: @raincoaster: I'm sure there is still time before the next board meeting. more » | Other threads
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widgets
Bezos-backed Kongregate moves to Facebook platform
Kongregate, a sort of YouTube for Flash games backed by Amazon.com founder Jeff Bezos as well as Greylock Partners, will adapt some of its 4,500 games to Facebook's platform this week, Kongregate CEO Jim Greer told Inside Social Games. Kongregate makes money, or tries to, through advertising it shares with third-party game developers. Facebook doesn't need more gimmicky games, but with other widgetmakers like RockYou and Slide asking for (and getting) nine-figure valuations, don't expect the deluge to let up any time soon. -
great moments in journalism
Portfolio scooped on Jeff Bezos by children's book
"Who knew that Amazon CEO Jeff Bezos chose his wife in part because he felt she could, if necessary, get him out of a third-world prison?" Portfolio scribe Kevin Maney asked at the start of a Q&A for the magazine. The answer: Any 13-year-old who's read Jeff Bezos: The Founder of Amazon.com. Bezos goes on to explain to Maney that his criterion was really a proxy for resourcefulness. More »
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By Owen ThomasComment by famousauthor: Since it's a book for children, you'd at least think he'd wear a wig for the cover photo. Maybe... more » | Other threads
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jackpot
How Jeff Bezos makes ends meet on an $82,000 salary
Less than a week after Forbes sang the praises of his "modest $82,000 annual base salary," Jeff Bezos cashed in another 2.15 million shares of his Amazon.com stock, adding another $168 million to an earlier $135 million sale to boost his take for the last three months to a cool $300 million-plus. Not forgetting those less fortunate, Jeff also set aside 252 Amazon shares, or about .01 percent of last week's sales, for donation to a nonprofit. More »
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By Jackson WestComment by boomzilla: @sggrf - Jeff is one of the most likable people I've ever met. Down to earth, humble and dedicated to... more » | Other threads
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earnings
Amazon.com, like Google, defies economic worries
Jeff Bezos can safely unclench his legs. Amazon.com reported first-quarter earnings of $143 million, up 29 percent from the same quarter last year, on sales of $4.14 billion, up 37 percent. Wall Street dithered over the forecast, sending shares down in after-hours trading, but the underlying reality is this: Amazon.com, already large, is growing at a prodigious rate at a time in its life when most expected it to slow down. And the growth had little to do with digital sales or Web services. No, people are simply buying more online, more often. CFO Tom Szkutak said the company saw no signs of a recession in U.S. shoppers' buying behavior. How can that be, as other companies complain of economic woes? More »
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By Owen ThomasComment by Rachel Marsden: Why is it that Silicon Valley is run by tiny little men? Just an observation. more » | Other threads
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amazon.com
Wired publishes feature-length version of Jeff Bezos's PowerPoint
Wired spent 13 columns of fine print detailing the birth of Amazon Web Services, Jeff Bezos's scheme to rent out his online store's Web infrastructure to startups. The magazine stayed carefully on message; if you attended Bezos's talk at last Saturday's Startup School, you'll find the story extremely familiar. "You don't generate your own electricity," Bezos asks, rhetorically. "Why generate your own computing?" This is the same line Bezos has been peddling for years. Aside from the rehashed quotes, Wired did squeeze a few numbers out of a reluctant Bezos. The facts about Amazon Web Services, stripped of the hype, amount to roughly 100 words: More » -
clips
Charlie Rose on Charlie Rose on the Internet, by Samuel Beckett
Over the years, Charlie Rose has hosted Silicon Valley titans like Wired editor Chris Anderson, Amazon.com founder Jeff Bezos, and Google cofounder Sergey Brin on his late-night public television interview show. When Facebook launched its Beacon advertising program in New York, Rose played master of ceremonies. But not until now, with the discovery of this clip titled "'Charlie Rose' by Samuel Beckett," has Rose effectively explicated the industry. More » -
great moments in journalism
Fortune recycles its Jeff Bezos profile
There is only one story ever written about Amazon.com CEO Jeff Bezos: That he has defied the skeptics, has had the last laugh, and is now looking to the future. Fortune's latest iteration of the formula is no exception. It begins with an obligatory near-death experience — in this case, a not-quite-fatal helicopter ride near Bezos's West Texas spaceport. And then, Christlike, the escape from death, the resurrection, and the glory. The glory: A stock price driven up not by technical innovations like Amazon's Web services, but by expanding profit margins, the result of tightened R&D spending. Wall Street, not Bezos, has the last laugh, but that conclusion doesn't fit the formula. -
ashley alexandra dupre
Call girl beats Barenaked Ladies, Radiohead singer
Sorry, Thom Yorke. it appears a critically acclaimed career as Radiohead's front man isn't enough to outsell Eliot Spitzer's call girl on the Web. Ashley Alexandra Dupré, also known as "Kristen," considers herself something of an R&B artist. She sells her music on Amie Street, a New York-based music site in which Amazon.com CEO Jeff Bezos took a personal interest and later had his company invest in. It sets its pricing based on the principles of supply and demand. The more a song sells, the faster its price rises. So when Amie Street flack Zane Groshelle confirmed that Dupré's single, "What We Want" rose to 98 cents "just as quickly if not more quickly" than Barenaked Ladies and Thom Yorke, the market's message is clear: She knows what we want.
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Comment by Alaska Miller: when is her 15 minutes going to be over? is she going to replace diablo cody as a working gal's... more » | Other threads
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caption contest
Jeff Bezos more interested in BlackBerry than Zappos.com
Amazon.com founder and CEO Jeff Bezos didn't seem too attentive in the "Top Ten Lessons Learned in E-Commerce" panel earlier today at the South by Southwest conference in Austin. While Zappos.com CEO Tony Hsieh presented his ten lessons — "don't compete on price" and "don't worry about competitors" among them — Bezos spent most of the time on his BlackBerry. Captions in the comments, please.
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By Scott KidderComment by thecowardlylion: i know i am late to the posting party here but: "He is just not that into you." caption is perfect bc... more » | Other threads
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ec2
Amazon.com gives startups a 50-percent-off sale
Jeff Bezos likes to say he's in the business of delighting customers. And then he delivers that howling, hooting laugh. The latest guffaw-provoker: Amazon EC2, a service which lets startups run their programs on servers housed in Amazon.com's datacenters. When it launched, Amazon promised "the equivalent of a 1.7GHz x86 processor" — in other words, a fairly low-powered server, but at the cost of a dime an hour. Ted Dziuba, the acid-tongued former editor of Uncov, found that Amazon actually delivered half that performance. Why haven't you heard more about this? Likely because most of the me-too, slapdash websites making use of Amazon's EC2 aren't running anything more processor-intensive than an index-hit SQL select. More »
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By Owen ThomasComment by Figaro: @onethumb: You fail worse than your site. more » | Other threads
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jackpot
Jeff Bezos no longer owns 100 million shares of Amazon.com — but then again, you never did
For the first time since 2004, Jeff Bezos has sold shares of Amazon.com. His $135 million sale brings his holdings down to a mere 99 million. In total, Bezos and other insiders have sold nearly 2 million shares of Amazon.com in just a few weeks. Profit-taking, since the stock is riding high? Or do they know something about Kindle sales that they haven't told us yet?
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By Owen ThomasComment by sample032: Seriously, Kindle sales? $135 million is enough to develop Kindle and its replacement. more » | Other threads
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nerdspotting
A real live Kindle user
When Jeff Bezos and company reported Amazon.com's earnings at the end of last quarter, they swore the Kindle was flying off the shelves. But I've never seen one in the wild. Or even heard of a sighting. Until today when I saw, thanks to Silicon Alley Insider, a photo of a girl reading a Kindle on the New York subway. Take that, Kindle-hater Steve Jobs. Have you ever seen anyone using a Newton on the subway?
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Comment by oakmot: All she needs is a headset and it would be just like the "virtual reading" sketch on Saturday Night Live... more » | Other threads
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earnings
Amazon.com rakes in $1.4 billion in cash, but blogs blather about bandwidth
Under Jeff Bezos, Amazon has ever played the chameleon, morphing from bookstore to discounter to supermarket. Most recently, it's tried, through the guise of its Amazon Web Services arm, to get people to think of it as a supercomputer to rent. Amazon's earnings were financially solid: The company raked in $1.4 billion in operating cash flow, and by more conventional measures, it earned $207 million on $5.7 billion in revenues. You won't read about that in the blogs, though, because Amazon earned that money the old-fashioned way — by shipping books and other physical goods to customers. More »
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By Owen ThomasComment by ScalaWag: Give'em time. You do not become material to $20B revenue overnight. more » | Other threads
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apple
Steve Jobs: Oh yeah, and Amazon's Kindle won't work either
Remember the comparisons between Amazon's Kindle and the iPod? Don't try them on Apple CEO Steve Jobs. The Kindle was a bad idea, Jobs told the New York Times after yesterday's Macworld keynote. "It doesn't matter how good or bad the product is, the fact is that people don't read anymore," he said. "Forty percent of the people in the U.S. read one book or less last year. The whole conception is flawed at the top because people don't read anymore." Mmhmm, Mr. Jobs. And whose fault is that? -
e-commerce
Jeff Bezos revolts against snooty French court
Amazon will pay the equivalent of $1,500 per day in fines and continue to offer free shipping in France in defiance of a recently imposed court order. The high-minded and socialist-leaning French government passed the 1981 Lang law, which prevents selling books at a discount, to protect small booksellers from the predation of discount supermarkets. How visionary those legislators were to anticipate the coming of Amazon. Hoping to overturn the law, Bezos is trying to muster the support of French cheap-book lovers. But Amazon is unlikely to prevail even with the people's support. The High Court of Versailles is unlikely to appreciate the online book retailer's sense of revolution. Off with their savings!
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By Tim FaulknerComment by ScalaWag: Viva la revolution! Storm the bookselling Bastille! more » | Other threads
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stocks
Jeff Bezos is cheap, Barry Diller's expensive
The herd of day traders is debating whether to buy Apple before Steve Jobs's keynote at Macworld Expo. But following the herd is a strategy that generally leads to getting trampled. Eric Savitz of Barron's spots a smarter strategy: Buy Amazon.com, and sell — or at least avoid — Barry Diller's IAC. Citigroup analyst Mark Mahaney says IAC has "few countercyclical hedges to protect against a potentially material economic slowdown in the U.S." What does that mean? More »
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By Owen ThomasComment by abmw: Quote, "Amazon's panoply of Web services, popular with gullible startups -- is an exercise in renting out a computing infrastructure... more » | Other threads
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real estate
"Slut" lures Jeff Bezos to new HQ
Amazon.com is moving its headquarters out of an aging hospital and into a shiny new corporate campus north of downtown developed by Microsoft cofounder Paul Allen. One of the main draws? "Great access to public transportation," company spokeswoman Patty Smith tells the Seattle Times. Ah yes, that would be the South Lake Union trolley — known locally by the acronym "SLUT." Just think: 6,000-some Amazon workers riding the Slut. All in a day's work. (Photo by Andy Rogers/Seattle Post-Intelligencer)
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By Owen ThomasComment by QADude: Nice! Here in the Bay Area one local city has a funny name for their transit - FART. Fairfield Area... more » | Other threads
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explainer
Amazon.com's SimpleDB is perfect for your stupid Web 2.0 startup
Those not initiated in the mysteries of databases, i.e. most of us, may think that Amazon.com's new SimpleDB service is competition for established databases from Microsoft, Oracle, and IBM. It's not. Nor is it, in the lofty language of Web-computing evangelists, a "cloud-based" alternative to large Web databases. But it's probably a perfect match for your stupid Web 2.0 startup, which makes it a genius move by Amazon. More »
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By Tim FaulknerComment by mblevin: How many web 2.0 startups *need* complex data models, and how many of them are perfectly happy with basic scalability? I'd... more » | Other threads
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e-commerce
Kindle going for $1,500 on eBay
Maybe Jeff Bezos does have a hit on its hands. TechCrunch notes that the sold-out Amazon Kindle is selling for up to $1,500 on eBay. Didn't these people skim Robert Scoble's review of the e-book reader? Or Walt Mossberg's slam? Both say the thing's a piece of crap. For the same $1,500 you can buy a well-equipped MacBook, or almost four iPhones. When the thing first came out, I considered buying one, but didn't think it was worth $400. I guess I was wrong. At these prices, it's practically the new Nintendo Wii.
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Comment by Dweezil: @Jordan Golson: I disagree completely, if you're trying to define a market or reach some overwhelming point of market saturation... more » | Other threads
jeff bezos
New York, 9:37 PM
Fri Jul 10
48 posts in the last 24 hours
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