After saying no to an informal acquisition bid worth $100 million from AOL last year, Business Insider is likely set to raise new funds from its existing backers, re/code reported.
Jeff Bezos
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Ezra Klein of The Washington Post's Wonkblog might be leaving the newspaper, said four sources, after his proposed news media venture was rejected by upper management, including owner Jeff Bezos.
The National Aeronautics and Space Administration (NASA) will turn over one of its idled space-shuttle launch pad to Space Exploration Technologies (SpaceX), according to officials on Friday.
According to a Financial Times report, Amazon faces safety and regulatory hurdles before it can get its plan to use drones to deliver packages to consumers off the ground.
A report from Synergy Research Group said Amazon has trumped other cloud players like Microsoft, IBM and Google when it comes to generating money from cloud computing.
In the midst of declining traditional TV viewership, Amazon had been seen attracting potential shoppers to watch its original content like Web series "Betas."
EBay Inc founder and chairman Pierre Omidyar discussed about his new media venture via a blog post on Wednesday.
Citing the The Washington Post, Techcrunch said Amazon Inc Chief executive officer Jeff Bezos completed his acquisition of the 136 year-old newspaper today.
Amazon clarified a blog report that the ecommerce firm was preparing its own phone.
In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.
In an interview conducted by newly-acquired newspaper the Washington Post, Amazon.com Inc. CEO Jeff Bezos said that he would be applying his management style in Amazon to the beleaguered newspaper.
It has been a week after Amazon founder Jeff Bezos announced acquisition of Washington Post, a deal said to be the convergence of old and new media.
The purchase of the Washington Post by Jeff Bezos surprised many in the industry.
The Washington Post announced that Jeff Bezos had acquired the newspaper for US$250 million in cash.
Workday Inc has filed confidentially for an initial public offering
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