AMAZON - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/AMAZON News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Alibaba’s plan: Today, China. Tomorrow, the world. http://www.sltrib.com/sltrib/money/58428608-79/alibaba-company-china-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58428608-79/alibaba-company-china-percent.html.csp">Alibaba’s plan: Today, China. Tomorrow, the world.</a></h4> <span class="author vcard"><span class="fn">By MAE ANDERSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-18T09:17:02.172-06:00">Updated Sep 18, 2014 09:17AM MDT</span></h5> <div class ="entry-content">New York • Amazon and eBay should watch their backs. As Chinese e-commerce powerhouse Alibaba readies what could be the biggest initial public offering ever on the New York Stock Exchange, it is quietly hinting at plans to expand into the U.S. The company controls nearly 80 percent of all e-commerce in China, and founder and chairman Jack Ma has ambitions that go beyond the country’s borders. Earlier this week, at a Hong Kong stop on Alibaba’s global tour to meet with potential investors, Ma sur...</div> <h5><a rel="item-license" href="#license-584286082014-09-18T09:17:02.172-06:00" id="#license-2014-09-18T09:17:02.172-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58428608@www.sltrib.com Thu, 18 Sep 2014 09:17:02 MDT HP to buy cloud software provider Eucalyptus http://www.sltrib.com/sltrib/money/58407144-79/eucalyptus-cloud-hewlett-packard.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58407144-79/eucalyptus-cloud-hewlett-packard.html.csp">HP to buy cloud software provider Eucalyptus</a></h4> <span class="author vcard"><span class="fn">By Jack Clark</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-09-12T13:40:02.061-06:00">Updated Sep 12, 2014 01:40PM MDT</span></h5> <div class ="entry-content">San Francisco • Hewlett-Packard Co. is buying cloud-computing software developer Eucalyptus Systems as Chief Executive Meg Whitman embarks on new acquisitions to bolster the computer maker’s businesses. Eucalyptus, founded in 2009, provides technology that lets companies store, process and deliver computing data via the Internet. The Goleta, Calif.-based company has raised $55.5 million in three financing rounds. Hewlett-Packard is paying less than $100 million, according to a person with knowle...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58407144@www.sltrib.com Fri, 12 Sep 2014 13:40:02 MDT Amazon slashes price of its Fire smartphone http://www.sltrib.com/sltrib/money/58390446-79/amazon-fire-iphone-price.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58390446-79/amazon-fire-iphone-price.html.csp">Amazon slashes price of its Fire smartphone</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-08T17:17:02.031-06:00">Updated Sep 8, 2014 05:17PM MDT</span></h5> <div class ="entry-content">New York • Amazon slashed the price of its Fire smartphone Monday, a day before Apple is expected to unveil its latest version of the iPhone. The online retailer said the Fire with 32 gigabytes of memory will now cost 99 cents when customers sign a two-year contract with AT&T. That’s down from $199. The phone with 64 gigabytes of memory will now cost $99 with a two-year contract, down from $299. Amazon said the phones will still come with unlimited cloud storage for photos and a free 12 months o...</div> <h5><a rel="item-license" href="#license-583904462014-09-08T17:17:02.031-06:00" id="#license-2014-09-08T17:17:02.031-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58390446@www.sltrib.com Mon, 08 Sep 2014 17:17:02 MDT Amazon’s chief financial officer to retire next June http://www.sltrib.com/sltrib/money/58368836-79/amazon-szkutak-chief-company.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58368836-79/amazon-szkutak-chief-company.html.csp">Amazon’s chief financial officer to retire next June</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-03T09:35:01.982-06:00">Updated Sep 3, 2014 09:35AM MDT</span></h5> <div class ="entry-content">NEW YORK • Amazon.com says its chief financial officer, Thomas Szkutak, will retire after 12 years on the job in June 2015. The e-commerce site says he will be replaced by Brian Olsavsky, vice president of finance for the company’s global consumer business. Szkutak and Olsavsky joined Amazon in 2002, Szkutak as CFO and Olsavsky vice president of finance. Amazon founder and CEO Jeff Bezos said Szkutak helped the company expand into different product categories and geographies over the past 12 yea...</div> <h5><a rel="item-license" href="#license-583688362014-09-03T09:35:01.982-06:00" id="#license-2014-09-03T09:35:01.982-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58368836@www.sltrib.com Wed, 03 Sep 2014 09:35:01 MDT Microsoft’s cloud-computing service has five-hour outage http://www.sltrib.com/sltrib/money/58312741-79/microsoft-azure-cloud-computing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58312741-79/microsoft-azure-cloud-computing.html.csp">Microsoft’s cloud-computing service has five-hour outage</a></h4> <span class="author vcard"><span class="fn">By Jack Clark</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-08-19T09:20:01.764-06:00">Updated Aug 19, 2014 09:20AM MDT</span></h5> <div class ="entry-content">San Francisco • Microsoft’s Azure cloud-computing service, a critical part of Chief Executive Satya Nadella’s plan to remake the software company, experienced a major global outage Monday that lasted for around five hours. Azure, which lets businesses access computing resources and run programs via the Internet, was restored after a disruption that affected at least six major components in multiple data centers, the world’s biggest software maker said on its website. Microsoft’s cloud-computing ...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58312741@www.sltrib.com Tue, 19 Aug 2014 09:20:01 MDT Op-ed: Amazon can’t discount the power of community http://www.sltrib.com/sltrib/opinion/58297101-82/amazon-books-local-authors.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58297101-82/amazon-books-local-authors.html.csp">Op-ed: Amazon can’t discount the power of community</a></h4> <span class="author vcard"><span class="fn">By Betsy Burton</span></span> <h5><span class="updated" title="2014-08-16T17:57:02.805-06:00">Updated Aug 16, 2014 05:57PM MDT</span></h5> <div class ="entry-content">Many readers shop with Amazon — even those who know the importance of community and who loyally shop with their local bookstore as well. They do so because Amazon’s prices are low, and low prices are seductive. It’s easy not to look behind the reasons the prices are low, to learn that (a) Amazon doesn’t have to collect sales tax which gives it a nearly 10 percent advantage, that (b) Amazon’s investors don’t seem to care that they never make a profit, a state of affairs that allows Amazon to disc...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58297101@www.sltrib.com Sat, 16 Aug 2014 17:57:02 MDT Orwell rep accuses Amazon of doublespeak http://www.sltrib.com/sltrib/money/58297198-79/amazon-orwell-publishers-book.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58297198-79/amazon-orwell-publishers-book.html.csp">Orwell rep accuses Amazon of doublespeak</a></h4> <span class="author vcard"><span class="fn">By HILLEL ITALIE | The Associated Press</span></span> <h5><span class="updated" title="2014-08-14T16:07:05.524-06:00">Updated Aug 14, 2014 04:07PM MDT</span></h5> <div class ="entry-content">New York • The literary executor of George Orwell’s estate is accusing Amazon.com of committing an Orwellian crime: doublespeak. In a letter published this week in The New York Times, Bill Hamilton criticized the online retailer for “turning the facts inside out” by alleging that the British author known for the novels “1984” and “Animal Farm” had urged publishers in the 1930s to join together and stop the rise of paperbacks. “I’m both appalled and wryly amused that Amazon’s tactics should come ...</div> <h5><a rel="item-license" href="#license-582971982014-08-14T16:07:05.524-06:00" id="#license-2014-08-14T16:07:05.524-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58297198@www.sltrib.com Thu, 14 Aug 2014 16:07:05 MDT Online sites shake up hidebound retailing in India http://www.sltrib.com/sltrib/money/58296700-79/india-online-commerce-amazon.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58296700-79/india-online-commerce-amazon.html.csp">Online sites shake up hidebound retailing in India</a></h4> <span class="author vcard"><span class="fn">By KAY JOHNSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-14T09:18:02.557-06:00">Updated Aug 14, 2014 09:18AM MDT</span></h5> <div class ="entry-content">Mumbai, India • Finding a way into India’s vast but vexing market has long frustrated foreign retailers. Now, overseas investors are pouring billions of dollars into e-commerce ventures that are circumventing the barriers holding back retail powers such as Wal-Mart and Ikea. Some investors see India as the world’s next big e-commerce opportunity, with the upcoming mammoth public stock offering of Chinese online giant Alibaba hinting at the potential. Online shopping is still in its infancy in In...</div> <h5><a rel="item-license" href="#license-582967002014-08-14T09:18:02.557-06:00" id="#license-2014-08-14T09:18:02.557-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58296700@www.sltrib.com Thu, 14 Aug 2014 09:18:02 MDT Amazon debuts mobile payment app, card reader http://www.sltrib.com/sltrib/money/58292302-79/amazon-payment-card-app.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58292302-79/amazon-payment-card-app.html.csp">Amazon debuts mobile payment app, card reader</a></h4> <span class="author vcard"><span class="fn">By MAE ANDERSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-13T10:52:10.235-06:00">Updated Aug 13, 2014 10:52AM MDT</span></h5> <div class ="entry-content">New York • Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets. The move places the largest U.S. e-commerce retailer in competition with Square and other established mobile payment processing systems such as PayPal Here and Intuit’s GoPayment. Shares rose 3 percent early Wednesday, the biggest percen...</div> <h5><a rel="item-license" href="#license-582923022014-08-13T10:52:10.235-06:00" id="#license-2014-08-13T10:52:10.235-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58292302@www.sltrib.com Wed, 13 Aug 2014 10:52:10 MDT Dow Jones industrial average positive for the year http://www.sltrib.com/sltrib/money/58292212-79/percent-stock-earnings-rose.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58292212-79/percent-stock-earnings-rose.html.csp">Dow Jones industrial average positive for the year</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-08-13T15:24:59.655-06:00">Updated Aug 13, 2014 03:24PM MDT</span></h5> <div class ="entry-content">New York • A modest gain for the stock market on Wednesday tugged the Dow Jones industrial average back into the black for the year as investors set aside concerns about Ukraine, Iraq and earnings, at least for a day. Amazon led the gains in light trading, despite a mixed batch of economic and corporate news. The gains were broad but thin. Three companies rose for every one that fell on the New York Stock Exchange, and all 10 sectors in the S&P 500 ended higher. “This is a very resilient market,...</div> <h5><a rel="item-license" href="#license-582922122014-08-13T15:24:59.655-06:00" id="#license-2014-08-13T15:24:59.655-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58292212@www.sltrib.com Wed, 13 Aug 2014 15:24:59 MDT Indian online retailer Flipkart raises $1 billion http://www.sltrib.com/sltrib/money/58241430-79/flipkart-indian-online-amazon.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58241430-79/flipkart-indian-online-amazon.html.csp">Indian online retailer Flipkart raises $1 billion</a></h4> <span class="author vcard"><span class="fn">By KAY JOHNSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-30T10:33:01.453-06:00">Updated Jul 30, 2014 10:33AM MDT</span></h5> <div class ="entry-content">Mumbai, India • India’s largest online e-commerce company, Flipkart, raised $1 billion in new capital this week as the company gears up for competition with Amazon’s push into the Indian market. The company said the funds will be used to invest in expansion, especially in mobile technology. Flipkart is sometimes called the Amazon of India. It was founded by two Indian brothers, Sachin and Binny Bansal, who left Amazon and came home to found their own online retailer. Among the investors in the r...</div> <h5><a rel="item-license" href="#license-582414302014-07-30T10:33:01.453-06:00" id="#license-2014-07-30T10:33:01.453-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58241430@www.sltrib.com Wed, 30 Jul 2014 10:33:01 MDT Amazon to invest $2 billion to expand in India http://www.sltrib.com/sltrib/money/58241195-79/india-billion-amazon-flipkart.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58241195-79/india-billion-amazon-flipkart.html.csp">Amazon to invest $2 billion to expand in India</a></h4> <span class="author vcard"><span class="fn">By KAY JOHNSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-30T09:22:02.389-06:00">Updated Jul 30, 2014 09:22AM MDT</span></h5> <div class ="entry-content">Mumbai, India • The world’s largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees. Amazon.com Inc. said Wednesday it will invest $2 billion to expand its Indian business, a day after local rival Flipkart raised $1 billion to fund its own expansion. Launched last year, Amazon’s India division has been making a big push into the country’s small but fast-growing online retail market. It has been running front-page advertisements ...</div> <h5><a rel="item-license" href="#license-582411952014-07-30T09:22:02.389-06:00" id="#license-2014-07-30T09:22:02.389-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58241195@www.sltrib.com Wed, 30 Jul 2014 09:22:02 MDT Review: Amazon Fire offers new ways to use phones http://www.sltrib.com/sltrib/money/58214979-79/amazon-phone-fire-app.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58214979-79/amazon-phone-fire-app.html.csp">Review: Amazon Fire offers new ways to use phones</a></h4> <span class="author vcard"><span class="fn">By ANICK JESDANUN</span></span> <span class="source-org vcard"><span class="org fn"> AP Technology Writer</span></span> <h5><span class="updated" title="2014-07-28T16:30:53.189-06:00">Updated Jul 28, 2014 04:30PM MDT</span></h5> <div class ="entry-content">New York • What I find fascinating about Amazon’s Fire phone isn’t the gizmos such as the 3-D imagery or the camera scanner that helps you get more information about products. Rather, I like that Amazon is thinking a lot about how phones ought to work. The iPhone and its Android smartphone rivals are so much alike that companies have been suing each other for stealing ideas. The Fire phone uses Android, but Amazon has modified it to the point that it’s barely recognizable. That means the phone o...</div> <h5><a rel="item-license" href="#license-582149792014-07-28T16:30:53.189-06:00" id="#license-2014-07-28T16:30:53.189-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58214979@www.sltrib.com Mon, 28 Jul 2014 16:30:53 MDT Worries about U.S. consumers drag stocks lower http://www.sltrib.com/sltrib/money/58224072-79/percent-visa-investors-market.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224072-79/percent-visa-investors-market.html.csp">Worries about U.S. consumers drag stocks lower</a></h4> <span class="author vcard"><span class="fn">By KEN SWEET</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-25T17:33:52.992-06:00">Updated Jul 25, 2014 05:33PM MDT</span></h5> <div class ="entry-content">New York • Investors got some bad news about the American shopper on Friday, driving down stocks and sending the Dow Jones industrial average to a loss for the week. Two major U.S. companies — the retail giant Amazon and the credit card processor Visa — both said that the second half of the year was looking more troubled than originally expected. The cautious outlook from two companies so heavily exposed to consumer spending spooked investors, causing the stock market to fall at the open and rem...</div> <h5><a rel="item-license" href="#license-582240722014-07-25T17:33:52.992-06:00" id="#license-2014-07-25T17:33:52.992-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224072@www.sltrib.com Fri, 25 Jul 2014 17:33:52 MDT Review: Amazon unlimited e-book service is limited http://www.sltrib.com/sltrib/money/58198723-79/kindle-amazon-unlimited-books.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58198723-79/kindle-amazon-unlimited-books.html.csp">Review: Amazon unlimited e-book service is limited</a></h4> <span class="author vcard"><span class="fn">By ANICK JESDANUN</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-21T16:17:02.012-06:00">Updated Jul 21, 2014 04:17PM MDT</span></h5> <div class ="entry-content">New York • Amazon’s new “unlimited” e-book service lets you read 600,000 books. That sounds like more than you’ll ever read, but I found myself struggling to find the books I wanted. It turns out the library of 600,000 is bit like a small bookstore with a few current titles such as “The Hunger Games,” attached to a block-sized bargain bin of obscure stuff mixed with “Robinson Crusoe” and other classics that are in the public domain and available for free online anyway. Startups Scribd and Oyster...</div> <h5><a rel="item-license" href="#license-581987232014-07-21T16:17:02.012-06:00" id="#license-2014-07-21T16:17:02.012-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58198723@www.sltrib.com Mon, 21 Jul 2014 16:17:02 MDT