May 19,2011 Press Release Amazon began selling hardcover and paperback books in July 1995. Twelve years later in November 2007, Amazon introduced the revolutionary Kindle and began selling Kindle books. By July 2010, Kindle book sales had surpassed hardcover book sales, and six months later, Kindle books overtook paperback books to become the most popular […]
Amazon.com recently disclosed that it had settled a mysterious investigation by the U.S. Postal Service for a “nominal amount.” Amazon never revealed what the investigation was about, and didn’t specify the terms of the settlement. But now the details are coming to light. In response to a Freedom of Information Act request by TechFlash, the […]
Amazon.com disclosed in January 2009 that it was the subject of a mysterious investigation by the U.S. Postal Service. Neither Amazon not the Postal Service said what the investigation was about, though some interesting theories popped up. Now Amazon in its latest quarterly financial filing with the SEC says the investigation was closed last month […]