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AMZN
Amazon.com, Inc.

5/23/2012, 8:53 PM ET
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  • 9:27 AM Amazon (AMZN) announces a licensing agreement with Paramount Pictures that will bring hundreds of well-known movies to its Prime Instant Video service over the next few years. The service now has over 17K titles in its arsenal after counting movies and individual TV episodes. (PR)
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  • Monday 2:29 PM Bill Gurley defends Facebook's (FB -9.3%) weak post-IPO showing by pointing out Amazon (AMZN) fell below its IPO price shortly after its 5/17/97 offering, and didn't move above until 7/6. Of course, Amazon was worth less than $1B at the time, whereas Facebook is worth $95B today. TechCrunch founder-turned-VC Mike Arrington says he just bought some Facebook shares. (earlier)
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    [Tech]
  • Monday 9:12 AM Death by Amazon: Historic book publisher Houghton Mifflin Harcourt files for bankruptcy in order to try to eliminate a whopping $3B in debt. The company made a late bid to jump into the electronic books market with an Amazon (AMZN) publishing deal, but couldn't make headway with the debt it piled up while hardcover book sales plummeted due in large part to the influence of its newfound partner.
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  • Friday 6:52 PM As Microsoft (MSFT) and PC OEMs hope the fall release of Windows 8 systems featuring ARM-based (ARMH) processors will give their PC/tablet sales a lift, the OEMs are reportedly struggling to reach tablet price points they consider necessary to compete with the iPad (AAPL) and Kindle Fire (AMZN), due to Microsoft's insistence on a $90-$100 Windows license fee. Concerns also exist about the software compatibility issues facing ARM-based hardware.
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  • Friday 9:56 AM Amazon (AMZN) will likely launch a 10.1" version of the Kindle Fire in Q3, claims Digitimes. Of course, the site previously claimed an 8.9" model would arrive in Q2, whereas it now asserts Amazon has suspended development of the product. The Kindle Fire appears to have lost share to the iPad in Q1, though the magnitude of the loss is up for debate.
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Company Description

Business

Amazon.com, Inc. was incorporated in 1994 in the state of Washington and reincorporated in 1996 in the state of Delaware. Our principal corporate offices are located in Seattle, Washington. We completed our initial public offering in May 1997 and our common stock is listed on the... More