Update: Amazon buys Audible for $300 million
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Amazon.com has begun a new chapter in its battle for customers&#39; ears: it has agreed to pay $300 million for Audible, a seller of audio books that has a close relationship with Apple.
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Having just shelled out $75 million for  China's biggest Web retailer, online shopping giant Amazon.com  Inc. is in no hurry to acquire another company to accelerate  its global expansion.
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Amazon.com Inc. (AMZN) said Thursday it has agreed to buy Joyo.com Ltd., China's largest online retailer of books, music and videos, for $72 million...
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Amazon has something that it wants to show you.
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Amazon.com says it has reached an agreement to buy Joyo.com, the largest Internet retailer of books, music and videos in China, in a deal worth $75 million. The rapid growth of broadband access in the region makes Asia a particularly ...
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(InfoWorld) - Google and Amazon.com are planning moves in the electronic-book market which, despite much promise over the years, hasn't met the expectations of book lovers, The New York Times reported Thursday. Amazon plans to launch an e-book reading device called the Kindle in October that will tap into an Amazon e-book store and cost between $400 and $500, the Times reported. Meanwhile, Google, which has a book search engine, will give people the option of paying to obtain the full text of copyright books as part of a service due before the end of the year, according to the newspaper. Google would split the revenue from the service with book publishers. Although e-book technology has been around for years, the concept hasn't caught on as initially expected, as people continue to prefer reading books on paper, rather than on an electronic display. Common complaints about e-books over the years have included discomfort from eye fatigue, inconvenient size, short battery life, and a limited selection of titles. The Times based its report on anonymous sources. Google didn't immediately reply to a request for comment. An Amazon spokesman declined to comment. The Kindle's wireless capabilities will allow it to not only download books and periodicals from Amazon's store but also browse the Web. It has a keyboard and a scroll wheel, according to the Times. Amazon already sells e-books from its main online store as well as from its Mobipocket subsidiary. Google's book search engine displays the full text of books in the public domain, and excerpts of copyright books. For people interested in purchasing books they find, Google provides links to third-party booksellers that carry the titles, such as Amazon and Barnes & Noble.
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At its height, the combined AOL and Time Warner (NYSE: TWX) company market capitalization exceeded $350 billion. When AOL used its big, bloated equity to buy Time Warner, the company offered Time Warner shareholders
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Now that Amazonâs market value is nearly the same as eBayâs, it could buy the online auction site. That could help improve Amazonâs finances and eBayâs customer satisfaction.
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[Frankfurt/London | Reuters News Service, 7 October 2004] - Google yesterday introduced a new search technology to help publishers sell books online, a fast-growing market dominated by Internet retailer Amazon.
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Internet retailer Amazon.com Inc. said Thursday it will buy online audiobook provider Audible Inc. to expand its reach in digital audio content.
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Online retailer Amazon.com Inc has signed on Warner Music Group Corp to its music download service, the latest major record label to join the competitor to Apple Inc's industry-leading iTunes store.
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The company that owns the Wall Street Journal has agreed to pay $519 million to buy the financial news Web site CBS MarketWatch. The weekend deal, which came after an auction that included bidders like Viacom
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Revenues at online retailer Amazon get a boost from sales of the latest Harry Potter book.
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Shares in Amazon.com (Nasdaq: AMZN) recorded a second day of gains on Tuesday, December 28th, after Bear Stearns upgraded the U.S.-based online retailer to "outperform" from "peer perform."
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The Internet retailer announces its plan to acquire Audible.com in a deal valued at $300 million.
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Stocks to watch on Thursday: AMAZON.COM INC. :
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Plus: Matsushita profit up 22 percent...Amazon's profit up, margins squeezed...SAP cautious on 2008...Yahoo profit falls.