Amazon bond offering raises $3 billion

Over the holiday weekend Amazon was the website to grab most of the online shopping on Black Friday. While we haven’t seen official numbers, it would be a safe bet that Amazon also grabbed a significant portion of the online shopping for Cyber Monday as well. While Amazon was busy selling hordes of products over the holiday weekend, Monday it also made a rare bond offering.

Amazon’s bond offering raised $3 billion for what the company calls “general corporate purposes.” About $1.16 billion of that money is expected to be used complete the purchase of the headquarters complex for Amazon by the end of the year. The last time Amazon made a bond offering was in May of 1998. Amazon’s fortunes have significantly turned since that 1998 bond offering when the company was rated “junk.”

Amazon’s business is booming now thanks in large part to the company’s incredibly popular line of Kindle digital readers. Amazon has also turned into a heavyweight in the online retailing space selling just about anything and everything you can think of. Analysts believe that Amazon is simply taking advantage of low interest rates to build up cash reserves.

Moody’s senior credit officer Margaret Taylor doesn’t believe that the cash will be used for acquisitions. She said, “Historically, Amazon has tended to build rather than buy.”

[via WSJ]


Amazon bond offering raises $3 billion is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Kindle Fire slashed to $129 in Cyber Monday promo

Amazon has trimmed the price of its Kindle Fire tablet for Cyber Monday, bringing the 7-inch ereader slate down to $129. Available on both the “Special Offers” subsidized model or – for $144 – the non-subsidized versoin without adverts, the discount means Amazon’s tablet temporarily undercuts Barnes & Noble’s NOOK HD and Google’s Nexus 7 by $70.

The particular Kindle Fire in the promotion is the updated entry-level model. That features a 1.2GHz processor and 1GB RAM, which Amazon claims makes it 40-percent faster than its predecessor, along with 8GB of storage and a battery good for up to 9hrs of reading, browsing, video playback, or other uses.

Under the hood there’s Android, though Amazon comprehensively reskins Google’s platform for its own purposes, and redirects all shopping through its own app and media stores. The Nexus 7 remains the better generic Android tablet choice, while the Kindle Fire HD has a better display.

Before you get visions of outfitting the whole family with a cheap Kindle Fire, however, Amazon has limited the promotion to a single unit per shopper. You’ll need to use the “FIREDEAL” coupon code when you check out in order to score the $129 slate.


Kindle Fire slashed to $129 in Cyber Monday promo is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Early objections over generic TLDs throw the .book at Amazon, Google

Early objections over generic TLDs throw the book at Amazon, Google

Technology companies went wild bidding on generic top-level domains (gTLDs) once the opportunity presented itself. That seemingly impulsive behavior hasn’t sat well with the Government Advisory Committee, which just posted a list of its member countries’ initial 250 objections over the internet gold rush. While the list is broad, Amazon and Google (under a Charleston Road Registry proxy) have received a disproportionate amount of the flak: Australia, for example, isn’t happy that far-reaching terms like .book and .search might be owned by individual companies. The resistance automatically puts the perceived offenders’ backs to the wall — they have to either make a good case as to why they need a disputed gTLD or risk losing both the domain as well as 20 percent of the refunded claiming fee. ICANN remains optimistic that the first gTLDs will still go into use by May, but it’s entirely possible that the final list will be much thinner than what we saw in June.

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Via: BBC, The Next Web

Source: ICANN

App Buys Random Items from Amazon: or Just Get Wasted, then Place an Order

A programmer named Darius Kazemi made Random Shopper, a software ‘bot that buys random items from Amazon. Why? Kazemi wanted to replicate the feeling of receiving an item that you already forgot you bought. It’s like a surprise gift from yourself to you! Welcome to Forever Alone: Holiday Edition.

random shopper by Darius Kazemi 2

Random Shopper starts by getting a random word from the Wordnik API then searching for that word on Amazon. It will then buy the first item it finds under its budget, which for now is $50 (USD). Then it will look for another item that’s within what’s left of its money and so on. But Kazemi cheated a bit because the Random Shopper isn’t that random: it will only buy the item if it’s a CD, DVD or a paperback book. I guess that’s a reasonable rule. That way the money isn’t completely wasted on some random crap that Kazemi won’t use.

random shopper by Darius Kazemi

The packages shown in the top picture are the first batch of Random Shopper’s “gifts” to Kazemi. You can check out what’s inside them on his Random Shopper blog. What I want now is a robot that secretly takes money from my wallet then randomly places it into my other stuff, so I can replicate the feeling of finding money I didn’t know I had.

[Random Shopper via Engadget]

 


Amazon Instant Video App Hits Nintendo Wii U

Nintendo has bee working from early on to position the new Nintendo Wii U game console as more than just for gamers. To emphasize this point, the console has launched with a number of entertainment applications for streaming video. One of those applications that is now available is Amazon Instant Video.

amazon wii u

The Nintendo Wii U now has its own app for Amazon Instant Video streaming that allows users access to over 140,000 movies and TV episodes. The content for the video service can be rented or purchased. Nintendo Wii U owners that have a Amazon Prime account can also stream more than 30,000 free movies and TV shows.

The app offers users smart lists that include recently watched content, genre recommendations, “more like this,” and others. The app also allows users to watch any content they purchased on other devices on the Nintendo Wii U. Other features include parental controls and a special kid zone that allows parents to manage what children have access to.

While Nintendo’s own TVii service is still set to launch this December, the console already has video streaming apps for Netflix, YouTube and Amazon.


Amazon Instant Video for Wii U released

Nintendo’s new console has received another jolt of streaming entertainment, with Amazon Instant Video landing on the Wii U today. The new service – which joins Netflix and Hulu Plus – puts 140,000 movies and TV shows for purchase or rental on the Wii U, while Amazon Prime subscribers can access around 30,000 titles without extra charge. If you’re having trouble deciding what to watch, Amazon’s recommendations system will put potential options on both your TV and the Wii U GamePad.

That second-screen interface can be browsed on the GamePad even while playback is continuing on your TV, allowing you to browse through the catalog simultaneously. Alternatively, if the TV is being selfishly used by somebody else, the GamePad itself can be used as a 6.2-inch portable display.

Amazon’s WhisperSync service is also present, which means that if you’ve started watching a movie on your Kindle Fire HD, for instance, you can pause it on the tablet and then resume it straight away – from the same spot – on your Wii U. There’s a Kid Zone for age-appropriate content, and parental controls for locking down the saucy stuff.

Amazon Instant Video for Wii U can be found in the Wii U eShop, and is a free install. You’ll need to be a subscriber to Amazon Prime to get the free streaming, whereas other titles are available on either a purchase or rental basis.


Amazon Instant Video for Wii U released is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Amazon Instant Video is live on the Nintendo Wii U

Amazon Instant Video is live on Nintendo Wii U

When the Wii U launched we were disappointed that not all of its promised streaming video services were available, but today the last one, Amazon Instant Video, has been turned on. It includes access to Prime subscription video, Whispersync bookmarks from other devices, watchlists and has the ability to rent or purchase VOD directly from the console. Like the Hulu and Netflix apps, it also includes second screen integration with the GamePad controller with video playback, browsing content or playback control of what’s on the TV. Owners can hit the source link for more information on how to activate it on their box or check after the break for the full press release.

Continue reading Amazon Instant Video is live on the Nintendo Wii U

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Source: Amazon

Programmer builds bot to buy random stuff from Amazon, takes secret Santa to a whole new level

DNP Programmer built a bot to buy random stuff from Amazon, takes secret Santa to a whole new level

In what may be the quickest route to landing on an episode of Hoarders, programmer Darius Kazemi has built a shopping bot to buy him around $50 worth of stuff every month from Amazon completely at random. He compared it to putting something on backorder and then receiving it months later, as if it’s a surprise gift you bought yourself. The only difference with this Amazon Random Shopper he built is that it buys him, well, random crap that he may or may not like. Kazemi recently received his first shipment, and it consisted of a book about Cartesian Linguistics by Noam Chomsky and an electro-acoustic album by Hungarian composer Ákos Rózmann. We’d say that’s pretty random. Maybe if he increased the limit to $300, he could get a Kindle Fire HD, or a maybe a few deer heads. This could turn out to be a pretty good idea or a really bad one, and we can’t wait to see what treasures the following months will bring him.

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Via: NYT Bits Blog Twitter

Source: Random Shopper

Amazon listing points to unannounced Xbox 360 with Kinect Nike+ bundle (update)

Amazon listing points to unannounced Xbox 360 with Kinect Nike bundle update

Earlier this year, Microsoft announced its Xbox 360 holiday bundles, but ’tis the season of excess! Someone at Amazon appears to have jumped the gun, as a product posting reveals an unannounced Xbox 360 with Kinect Nike+ bundle, which begins shipping on December 4th. Priced at $300, this package includes a 4GB Xbox 360, Kinect sensor, Nike+ Kinect Training game and one month of Xbox Live Gold. Though the Amazon product page is listed as “by Microsoft,” we still reached out to the folks from Redmond for confirmation and were completely stonewalled. Of course, if you’re looking for an excuse to delay your new post-holiday fitness regimen, you could always take the gamble of waiting for this bundle to become official. Call us bonkers, but we’re pretty sure that it’s a safe bet.

Update: Microsoft’s Larry Hryb (aka Major Nelson) has confirmed Amazon’s listing of this bundle via Twitter.

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Via: The Next Web

Source: Amazon, @majornelson (Twitter)

Engadget’s Black Friday 2012 roundup

Engadget's Black Friday 2012 roundup

They’re playing Christmas music on all the radio stations and government buildings have begun decking the halls with non-denominational decorations. All of this can only mean one thing: it’s time for the mad holiday rush. Once you’ve polished off that turkey dinner and put on a pair of your least flattering sweatpants, be sure join us after the break for some of the merriest deals on consumer electronics that the internet — and your local big box shop — has to offer. Yes, ladies and gentleman, it’s Black Friday time.

Continue reading Engadget’s Black Friday 2012 roundup

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