By Deepa Seetharaman SAN FRANCISCO (Reuters) – Amazon.com Inc is spending more than $100 million on original video content in the third quarter, considerably higher than its spending a year ago and in the second quarter, Chief Financial Officer Tom Szkutak said on Thursday. The largest U.S. online retailer, which also reported a larger-than-expected second-quarter […]

By Deepa Seetharaman SAN FRANCISCO (Reuters) – Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics. Amazons stock price has dropped 10 percent so far in 2014, with investors leery of betting on its long-term […]

By Deepa Seetharaman SAN FRANCISCO (Reuters) – Amazon.com Inc is spending more than $100 million on original video content in the third quarter, considerably higher than its spending a year ago and in the second quarter, Chief Financial Officer Tom Szkutak said on Thursday. The largest U.S. online retailer, which also reported a larger-than-expected second-quarter […]