Remember when Amazon only sold books? - News Summed Up

Remember when Amazon only sold books?


As consumers increasing rely on the Seattle-based e-commerce giant, it’s hard to remember a time when Amazon sold only one product: books. Amazon Web servicesIn the early 2000s, Amazon realized it had been sitting on a technology gold mine. With just over $1 billion in ad sales, Amazon isn't making a big dent in the businesses of industry leaders Google and Facebook. Instead of being burned by its smartphone venture, the company launched its digital home assistant device, the Amazon Echo, in 2015. (Claire Folger / Roadside Attractions and Amazon Studios)EntertainmentWhen Amazon Studios launched in 2010, few in Hollywood knew what to make of the nascent production company’s ambitions.


Source: Los Angeles Times June 18, 2017 19:41 UTC



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