Alistair's Feed
Oct 10, 2012

Amazon gets FCC’s OK to sell Kindle Fire 4G tablets

SAN FRANCISCO (Reuters) – Amazon.com Inc received approval from the U.S. Federal Communications Commission to sell its high-end Kindle Fire 4G tablets, a company spokeswoman said on Wednesday.

Amazon unveiled the new tablets last month, but the devices had not secured FCC clearance. The company had to put disclaimers on Web pages and emails promoting the products.

Oct 10, 2012

Exclusive: eBay starts daily deals for services, taking on Groupon

SAN FRANCISCO (Reuters) – EBay Inc has quietly launched an online marketplace for deals on local services, taking on Groupon Inc and expanding into a potentially big category.

Called eBay Lifestyle Deals, the offers are being run in a limited number of urban areas, including the San Francisco Bay area, Los Angeles and Washington D.C.

Oct 10, 2012

Groupon eyes restaurants with nationwide POS offering

SAN FRANCISCO, Oct 10 (Reuters) – Groupon Inc
launched a point-of-sale service called Breadcrumb across the
United States on Wednesday as the world’s largest daily deal
company tries to win more restaurants as clients.

Breadcrumb is a sales, order management and reporting system
for restaurants, bars and cafes that runs on Apple Inc’s
iPad. It was designed a start-up founded by Seth
Harris. Groupon acquired the business in May.

Oct 10, 2012

Crowdsourcing goes to Hollywood as Amazon makes movies

SAN FRANCISCO (Reuters) – Amazon.com Inc is producing its own movies and TV programming using the consumer tracking and data crunching skills it developed while becoming the world’s largest Internet retailer.

Essentially, Amazon is crowdsourcing the creation of original content — movies such as “Zombies versus Gladiators” and the children’s TV series “Magic Monkey Billionaire.”

Oct 9, 2012

Insight – Frugal Amazon opens checkbook for streaming video

SAN FRANCISCO (Reuters) – Amazon.com Inc’s deal to purchase streaming movies from cable network Epix could transform the way such deals are done, thanks to a pay-for-performance sweetener that had not been previously disclosed.

According to an executive directly involved in the deal, Amazon agreed to an earn-out provision payable to Epix over time if the number of subscribers to Amazon’s Prime Instant Video service rises above a certain threshold. That comes in addition to a fixed upfront fee, the basis for most subscription video-on-demand deals up to this point.

Oct 9, 2012

Frugal Amazon opens checkbook for streaming video

SAN FRANCISCO, Oct 9 (Reuters) – Amazon.com Inc’s
deal to purchase streaming movies from cable network Epix could
transform the way such deals are done, thanks to a
pay-for-performance sweetener that had not been previously
disclosed.

According to an executive directly involved in the deal,
Amazon agreed to an earn-out provision payable to Epix over time
if the number of subscribers to Amazon’s Prime Instant Video
service rises above a certain threshold. That comes in addition
to a fixed upfront fee, the basis for most subscription
video-on-demand deals up to this point.

Oct 5, 2012

Amazon pays top dollar to buy Seattle HQ

Oct 5 (Reuters) – Amazon.com Inc said on Friday it
will spend over $1 billion to buy its Seattle corporate
headquarters in what will be the United States’ biggest
commercial real estate deal so far this year for a single
location.

The world’s largest Internet retailer plans to buy a complex
of 11 buildings in the trendy South Lake Union area, comprising
1.8 million square feet of office space, for $1.16 billion from
Microsoft Corp co-founder Paul Allen’s investment firm.

Sep 28, 2012

ChannelAdvisor targets 2013 IPO, sources say

By Olivia Oran and Alistair Barr

(Reuters) – E-commerce software provider ChannelAdvisor has hired banks for an initial public offering next year, according to three sources familiar with the matter.

The Morrisville, North Carolina-based company, which is partly owned by eBay Inc (EBAY.O: Quote, Profile, Research, Stock Buzz), has hired Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) and Stifel Nicolaus (SF.N: Quote, Profile, Research, Stock Buzz) to lead the offering, two of the sources said.

Sep 28, 2012

Amazon offering loans to its online sellers

SAN FRANCISCO (Reuters) – Amazon.com Inc is launching a new business offering loans to some of its online sellers, a move that could boost the growth of its Internet marketplace while exposing it to potential credit risks.

The new program is called Amazon Lending and sellers on the company’s marketplace have been sent emails offering loans from Amazon Capital Services Inc, a unit of Amazon, according to a merchant who received such an email from the company recently. The merchant did not want to be identified because Amazon has not announced the program publicly.

Sep 20, 2012

Facebook to charge merchants to run Offers

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O: Quote, Profile, Research) said it will start charging businesses to run Offers on its social network, turning a previously free service into a potential revenue generator at a time when Wall Street is demanding new sources of growth and profit from the company.

Facebook launched Facebook Offers earlier this year, letting retailers and other local merchants send deals to their Facebook fans. Users claim the offers from their News Feeds and redeem the vouchers at stores to get discounts.