Amazon, Online Retailer | featured news

After months of speculation, it's here: Amazon's tablet, the $199 Kindle Fire, was unveiled Wednesday. Smaller and cheaper than Apple's dominant iPad, the Kindle Fire has a 7-inch display and runs on a heavily customized version of Google's (GOOG, Fortune 500) Android operating system. The tablet offers Wi-Fi connectivity, but no 3G or other cellular connection. It also lacks a camera and microphone, two features found in most rival tablets.

Amazon.com Inc is in talks with book publishers about launching a media library service similar to Netflix Inc for tablets and other digital books, The Wall Street Journal reported on Sunday.

Lawmakers on Friday sent Gov. Jerry Brown a compromise bill that delays California's effort to force online retailers such as Amazon.com to collect the state's sales taxes while retailers lobby Congress for national rules governing online sales taxes. The state Assembly approved AB155 on a bipartisan, 59-8 vote in the final hours of this year's legislative session. The bill had passed the Senate, 36-1, hours earlier.

Amazon.com is testing a major redesign of its website, an overhaul that could refashion the way people shop on the world's largest online retailer.

Amazon.com Inc has proposed a hiring spree of 7,000 jobs in California if state leaders put a recently enacted online sales tax on hold for two years.

A coalition of giant, brick-and-mortar retailers and their legislative allies have come up with a new strategy to try to head off Amazon.com's referendum to overturn the state's new Internet sales tax law.

The online retailer wants voters to strike down the California law requiring the company to collect sales taxes. Wal-Mart, labor groups and other opponents could wage a costly, noisy battle against such a referendum. Escalating its fight to thwart a new levy on Internet purchases, Amazon.com says it will ask California voters to overturn a state law requiring all companies with operations or affiliates here to collect sales tax.

The team behind Diapers.com has made a new e-commerce site aimed at the other baby in the American household: the family pet. Quidsi, which is now a wholly-owned subsidiary of Amazon.com, is announcing Wednesday the launch of Wag.com, an e-commerce site selling pet-related products.

Amazon.com Inc., the world’s largest Internet retailer, said it will sever ties with its affiliates in California if the state enacts a new law that requires the company to collect taxes on online purchases. California Governor Jerry Brown signed legislation yesterday mandating sales-tax collections by Web retailers, including Amazon, on purchases by state residents. The state’s pending budget plan counts on $200 million from the law. In an e-mail before the bill was signed, Amazon said the legislation was “unconstitutional and counterproductive.”

Amazon.com Inc. on Thursday said that, after less than four years of selling electronic books, it's now selling more of them than printed books. The online retailer said that since April 1, it has sold 105 e-books for every 100 printed books, including printed books for which there is no electronic edition. The comparison excludes free e-books, which would tip the scales further if they were included.