Internet, Amazon | featured news

Amazon.com Inc., the world's biggest online retailer that got its start in bookselling, has agreed to buy book recommendations site Goodreads. Financial terms of the deal were not disclosed.

CBS and Amazon have struck a deal to expand the CBS content made available to Amazon's Prime video streaming service.

Free digital copies of 50,000 CDs are being offered to Amazon customers via a service that stores the music in the cloud.

2012 was a good year for Amazon. Not only has the company announced that the Kindle Fire HD was the #1 best-selling, most gifted, and most wished for product on Amazon, but for the eighth consecutive year, the company ranks #1 in customer satisfaction during the holiday shopping season...

"There are some problems with this binder," complains Ruth from New Hampshire. "First, there are no women in it." A remark made by Republican presidential candidate Mitt Romney during Tuesday's debate brought us a meme that just keeps on giving.

Amazon's new Kindle Fire HD boasts a much more vibrant screen than the original tablet that came out about a year ago. That makes buying movies and TV shows to watch on the device a lot more appealing....

Amazon.com quenched the Kindle Fire on Thursday, saying its first tablet computer is now "sold out." The Internet retailer has a major press conference scheduled for next Thursday in Santa Monica, California. It's widely expected to reveal a new model of the Fire there, so the announcement that the first model is "sold out" suggests that Amazon halted production a while ago to retool for a new model.

The company reported net income of $7 million, or 1 cent a share, on sales of $12.8 billion. It was less profit than analysts had estimated, but the revenue was in line with forecasts.

Google moved to take on Amazon.com in the fast-growing market for what the industry calls cloud services, allowing companies to run their applications and store data on computers managed by the Internet giant.

Thousands of small merchants depend on Amazon.com to reach customers who otherwise wouldn't know they exist. But some complain that Amazon itself often spots their popular products and then starts muscling in.