Tue, 13/11/2012 - 09:30
Amazon was yesterday (12th November) accused by the House of Commons Public Accounts Committee of putting UK booksellers out of business by using corporation tax avoidance strategies which made it impossible for them to compete.
Meanwhile Amazon’s director of public policy Andrew Cecil (pictured) was told that some of his...
Tue, 13/11/2012 - 09:00
Amazon.co.uk is being investigated by the UK tax authorities. This has been revealed in a US Securities and Exchange Commission (SEC) filing by the ultimate parent company, Amazon.com Inc, in 2011. The investigation covers the tax years from 2004 to 2010, which includes the period when ownership of Amazon’s UK business was transferred...
Mon, 12/11/2012 - 10:00
Amazon and Google are to face questioning from MPs over corporation tax in the UK today (12th November).
The US-based companies are due to give evidence to the Public Accounts Committee which is investigating taxing multinationals, at 3.15pm this afternoon. Andrew Cecil, director of public policy, will be giving evidence for Amazon,...
Fri, 09/11/2012 - 06:50
Amazon has blamed a “technical issue” for the buy button on Kindle e-books from the six big publishers disappearing from the US site.
Reports State-side emerged late last night (8th November) that customers were unable to buy Kindle books from HarperCollins, Simon & Schuster, Hachette, Penguin, Random...
Fri, 02/11/2012 - 07:30
Waterstones has reported encouraging sales of Kindle devices in their first weekend on sale.
The chain began selling Amazon’s e-readers and tablets last Thursday (25th October), with wi-fi still being rolled out across the estate to allow customers to download Kindle e-books instore.
Steve Monaghan, e-commerce and IT...
Thu, 01/11/2012 - 09:25
A consumer campaign targeting Amazon for “abusing” its power as a market leader is likely to launch before Christmas, The Bookseller has learned.
Subscription magazine Ethical Consumer, a not-for-profit co-operative venture, is planning to start the campaign in the run-up to the crucial festive gift...
Fri, 26/10/2012 - 09:00
Amazon reported a loss of $274million (£170m) in its third quarter, blaming an unfavourable impact on foreign exchange rates and losses on LivingSocial, the company’s investment daily deal company.
Analysts have also blamed the losses, down from earnings of $63 million a year earlier, on the company’s...
Fri, 26/10/2012 - 08:00
Microsoft has launched its Surface tablet, which it hopes to compete with Apple and Google in the increasingly competitive tablet market this Christmas.
The company has unveiled the device, priced £399, at its Windows 8 launch in the US. It will play games, videos and have a pre-installed version of Windows 8 software called RT...
Thu, 25/10/2012 - 18:15
In the week when Waterstones lets what its m.d. James Daunt once called the "ruthless money-making devil" through its open doors, the level of general hostility directed towards Amazon has reached new heights.
The Guardian claimed that the behemoth was hoodwinking UK publishers into overpaying VAT, while many media outlets...
Wed, 24/10/2012 - 11:57
The EU's European Commission has confirmed that it intends to force Luxembourg and France to raise the VAT rate applied to e-books, giving both countries just 30 days to comply or risk being taken to the European Court of Justice.
Both countries unilaterally dropped their rates at the beginning of this year in order to equalize...