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Amazon spending more than $100 million on original content in third-quarter

25

Jul

2014

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 […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Amazon expects to lose half a billion dollars in the next three months

25

Jul

2014

Amazon has a pretty stable pattern when it comes to reporting earnings. For the last couple years that has kept the companys share price on a steady upward climb. Today Amazon announced its second quarter earnings, and losses were nearly twice what analysts had predicted, leading to a more than 5 percent drop in its share […]

Category CA Technologies Tech Written by The Verge 0 Comments

Amazon’s losses widen, shares drop

25

Jul

2014

By Deepa Seetharaman SAN FRANCISCO (Reuters) – Amazon.com Inc posted a much larger-than-expected loss in the second quarter as its rapid pace of investment in businesses such as digital content and consumer electronics offset a 23 percent jump in revenue. Shares of Amazon have slid 10 percent so far in 2014, as investors grow increasingly […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Amazon spending more than $100 million on original content in third-quarter

Amazon expects to lose half a billion dollars in the next three months

Amazon’s losses widen, shares drop

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