Amazon has transformed itself from an online book seller into one of the world's most important technology giants thanks in large part to a devotion to thriftiness.
FORTUNE -- If such a thing as corporate DNA exists, it has animated the rise of the last decade's most successful technology companies. Google had a relentless focus on data, Apple a Zen-like obsession with simplicity, and Facebook a world of social connections to MOREJP Mangalindan, Writer - Mar 26, 2012 2:29 PM ET
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* In light of news that HP (HPQ) is restructuring, CEO Meg Whitman says she's unsure at this point how many people will be laid off. (The Wall Street Journal)
* Zynga (ZNGA) is acquiring OMGPOP, maker of the popular app Draw Something, for a reported $210 million by some accounts. (Zynga MOREJP Mangalindan, Writer - Mar 22, 2012 11:48 AM ET
Chief complaints: lack of volume control or camera and that the battery life's too short
They liked the price, the color screen and the selection of books on Amazon (AMZN). They wish it had a volume control button and a camera and that the battery lasted longer.
Those are some of the results of a survey of 254 Kindle Fire owners conducted in January by ChangeWave Reserach, a service of 451 Research.
54% MOREPhilip Elmer-DeWitt - Feb 2, 2012 6:02 AM ET
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"What we see is that youth are pretty much fed up with iPhones. ... Also, many are not happy with the complexity of Android and the lack of security. So we do increasingly see that the youth who want to be on the cutting edge and try something new MOREJP Mangalindan, Writer - Dec 14, 2011 3:00 AM ET
The valuation gap grows wider as traders bet heavily on Jeff Bezos' new tablet
It's hard to say which makes less sense to me: The fact that Amazon (AMZN) is trading at a price that's 114.6 times its earnings over the past 12 months or that Apple (AAPL) is trading at a P/E of 13.9.
We've been watching this disparity grow since last June. That's when Jeff Forsberg sent us his Apple MOREPhilip Elmer-DeWitt - Nov 14, 2011 7:32 AM ET
Amazon's long-awaited tablet is here. It's not what many expected exactly, but that doesn't mean it's not Amazon's most important product ever.
FORTUNE -- The Kindle Fire isn't a revolutionary device, but it is Amazon's most important product ever.
The culmination of 17 years of work, the Kindle Fire is the missing piece of the company's vast corporate puzzle, bringing into harmony nearly every discordant service the company has built since CEO MOREJP Mangalindan, Writer - Nov 14, 2011 12:01 AM ET
I love my Kindle. And, I've been waiting for a long time to be able to borrow rather than buy books. But, Amazon's latest push is part of a larger trend that raises a red flag.
FORTUNE -- There's a lot to like about the Kindle ecosystem. Jeff Bezos and Amazon have made sure of that, from one of the largest digital book selections around to a cross-platform syncing feature that MOREJP Mangalindan, Writer - Nov 4, 2011 12:21 PM ET
Even after Tuesday's free-fall, Amazon's shares cost seven times more than Apple's
It's never been adequately explained to me why Amazon's (AMZN) shares are so expensive and Apple's (AAPL) so cheap.
Both stocks were punished after reporting their most recent quarterly earnings. Apple fell $23.62 (5.6%) last week when the company came in with iPhone sales that were lower than analysts expected, reducing profit growth to 54%. Amazon fell $10.46 (4.4%) Tuesday MOREPhilip Elmer-DeWitt - Oct 26, 2011 7:21 AM ET
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* Netflix (NFLX) CEO Reed Hastings published a letter to shareholders earlier this week that (vaguely) explains how his company plans to rally after months of strategic missteps. "We don't have to 'beat' Starz or other networks to succeed," he wrote. "We won't have every movie or TV series; but we MOREJP Mangalindan, Writer - Oct 26, 2011 3:30 AM ET
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* Thanks to an 8K HP (HPQ) filed, we now know ousted CEO Leo Apotheker walked away with almost $10 million in payouts and bonuses. Meanwhile, new company head Meg Whitman will earn $1 -- yes, $1 -- a year, joining former Apple CEO Steve Jobs and Google execs Larry Page, MOREJP Mangalindan, Writer - Sep 30, 2011 3:30 AM ET
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