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Jeff Bezos Said 'Results Were Horrifying' After Amazon Prime's Free Shipping Introduction But He Went Ahead With It Because Good Decisions Require 'Instinct And Risk-Taking'
Tuesday, March 4, 2025 - 9:20pm | 596Amazon.com, Inc.'s (NASDAQ:AMZN) Prime is today one of the most successful loyalty programs in retail history, but when it first launched, Jeff Bezos and his team faced major concerns about whether the service would work—or even bankrupt the company. What Happened: In a 2018 interview with David...
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MrBeast Lost Millions On Amazon's 'Beast Games'—Now He's Looking To Raise Hundreds Of Millions To Take His Brand To The Next Level
Wednesday, February 26, 2025 - 11:29pm | 470Jimmy Donaldson, popularly known as MrBeast, is reportedly looking to raise hundreds of millions of dollars in a funding round that would value his business empire at approximately $5 billion. What Happened: MrBeast is in talks with financial firms and high-net-worth individuals to secure...
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Amazon Analysts See Growth Ahead With AWS In 'Early Innings Of A Big AI Cycle,' Advertising Segment Fast-Growing 'Hidden Asset'
Friday, November 1, 2024 - 1:46pm | 914Amazon.com Inc (NASDAQ:AMZN) analysts see strength in AWS, retail and advertising after the company’s third-quarter results. The Amazon Analysts: Bank of America analyst Justin Post reiterated a Buy rating on Amazon and raised the price target from $210 to $230. Wedbush analyst Scott Devitt...
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Amazon Vs. Walmart: E-Commerce Giant Offers Gas Savings To Prime Members, EV Charging Discounts In Latest Battle For Subscribers
Thursday, October 24, 2024 - 2:40pm | 611Amazon is offering new discounts on gas for Prime members and will help electric vehicle drivers save on vehicle charging in 2025. Amazon.com Inc (NASDAQ:AMZN) is adding another reason for consumers to sign up for its Amazon Prime membership program as the e-commerce giant intensifies the battle...
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Amazon Prime Offers 2024 Election Night Coverage With Brian Williams Special And It's Free For Non-Subscribers
Friday, October 18, 2024 - 3:53pm | 667Amazon.com Inc (NASDAQ:AMZN) announced that Prime Video will host "Election Night Live with Brian Williams" on Nov. 5, 2024. What Happened: The 2024 presidential election special will begin at 5 p.m. ET and has no end time. It will also feature guests to be named at a later date. The guests will...
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Amazon Extends Free Prime Membership To Warehouse Workers, But Corporate Staff Left Out Ahead Of Holiday Rush
Friday, September 20, 2024 - 6:36am | 563Ahead of the busy holiday season and a Prime Day-like sale on Oct. 8-9, Amazon.com Inc. (NASDAQ:AMZN) has announced new benefits for its warehouse workers, starting next year. What Happened: The new perk comes alongside a pay increase of at least $1.50 per hour for front-line employees. Prime...
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Will NBA Rights Move The Needle For Amazon Prime Video Subscribers? Benzinga Poll Shows Small Impact From New Deal
Tuesday, July 30, 2024 - 2:26pm | 801E-commerce giant Amazon.com Inc (NASDAQ:AMZN) is making a big bet on live sports rights, paying billions for NBA rights. Could the move help boost subscribers of the Amazon Prime Video streaming platform? What Happened: Benzinga recently asked followers on social media if the new NBA rights deal...
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Amazon Buys Historic Bray Film Studios Known For 'Dracula' And 'The Curse Of Frankenstein'
Monday, July 22, 2024 - 9:39pm | 689Amazon.com Inc. (NASDAQ:AMZN) has acquired Bray Film Studios, the former production site for the iconic Hammer horror film series, to expand its UK-based television and film production. What Happened: Amazon’s Prime Video division has purchased Bray Film Studios, located near London, for an...
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Amazon Prime And YouTube Premium Linked To Japan's Rising 'Digital Deficit,' Putting Pressure On Yen, Say Experts
Monday, July 15, 2024 - 4:28am | 654Experts believe that Japan’s increasing dependence on foreign digital services like Amazon (NASDAQ:AMZN) Prime and YouTube Premium by Google Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is contributing to a rising “digital deficit,” potentially pressuring the yen’s value. What Happened...
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Amazon's Tomb Raider And LOTR Game Reveals 'Not Too Far Away,' Says Exec
Friday, June 28, 2024 - 3:45pm | 452Amazon.com Inc‘s (NASDAQ:AMZN) Amazon Games has been steadily progressing with its plans for two major gaming projects: Tomb Raider and The Lord of the Rings. Progress on the Next Tomb Raider Game In December 2022, Amazon partnered with Embracer Group ADR‘s (OTC:EBCRY) Crystal Dynamics...
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Jeff Bezos Saved 'The Expanse' From The Chopping Block By Bringing It To Amazon Prime Because He Was A Fan: 'These Guys Are Unbelievably Talented'
Thursday, June 20, 2024 - 10:07pm | 800It has happened more often than expected, but when TV shows like “Star Trek” were on the chopping block, fans came together and started campaigns to get the show more time on air. Also, it doesn't hurt, if the TV series you are trying to save, has one of the world's richest men as a...
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Walmart Enhances Walmart+ To Compete With Amazon Prime: Key Differences Unveiled
Tuesday, June 18, 2024 - 2:47pm | 405In a bid to compete with Amazon.com‘s (NASDAQ:AMZN) Amazon Prime, Walmart (NYSE:WMT) has announced Walmart+ Week, a membership program with a range of benefits. What Happened: Walmart+ offers a variety of perks, including free shipping, store delivery, fuel savings, and a Paramount+ streaming...
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Amazon Q1 Earnings Highlights: Revenue Beat, EPS Beat, AWS Hits $100-Billion Annual Run Rate And More
Tuesday, April 30, 2024 - 4:22pm | 590E-commerce giant Amazon.com Inc (NASDAQ:AMZN) reported first-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Amazon reported first-quarter net sales of $143.3 billion, up 13% year-over-year. The net sales total beat a Street consensus estimate...
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NBC, Amazon Ready To Dunk On Warner As NBA Media Rights Get Competitive
Tuesday, April 30, 2024 - 10:49am | 792The highly anticipated media rights for National Basketball Association (NBA) live games are up for grabs. What Happened: For years, Warner Bros. Discovery (NASDAQ:WBD) and The Walt Disney Company (NYSE:DIS) have had the media rights for NBA content for their TNT and ESPN units respectively. After...
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Amazon Q1 Earnings Preview: Analyst Estimates, Key Items To Watch Including NBA, WNBA, Fallout
Monday, April 29, 2024 - 12:05pm | 686Leading ecommerce company Amazon.com Inc (NASDAQ:AMZN) is set to report first-quarter financial results after market close Tuesday. Here’s an overview of analyst earnings estimates, their insights, and key factors to watch. Earnings Estimates: Analysts expect Amazon to report first-quarter...