Articles Tagged:

Jeff Bezos

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Amazon to buy Whole Foods for $13.7 billion

Amazon began its existence as an online entity that siphoned business away from brick-and-mortar stores, but there's only so much you can do online. Amazon has been tinkering with more real world services like Prime Now local deliveries and its experimental grocery store in Seattle. Now, Amazon is taking a shortcut to building out its own presence; it's buying Whole Foods for $13.7 billion. Coincidentally, that's about what I spent the last time I went to Whole Foods.

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Amazon Announces Best-Selling Kindle Fire 'Sold Out' Ahead Of September 6th Press Conference

Amazon, in a press release posted this morning, announced that its "#1 best-selling product," the Kindle Fire, is now sold out. The release boasts the Fire's millions of sales, noting that it managed to eat up an impressive 22% of tablet sales in the US, and added to the overall success of Amazon's digital product sales.

What makes this announcement interesting is that Amazon has a press conference scheduled for September 6th, meaning we're likely to see the latest member of the Kindle family unveiled very soon. Jeff Bezos, Founder and CEO of Amazon, didn't comment directly on this possibility, but he did note "Kindle Fire is sold out, but we have an exciting roadmap ahead – we will continue to offer our customers the best hardware, the best prices, the best customer service, the best cross-platform interoperability, and the best content ecosystem."

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The possibility of seeing a new Kindle device this September isn't so surprising considering this is around the same time we saw the original Kindle Fire announced, but it's always exciting to see a new product – particularly in such a successful line – make its debut.

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