Amazon more than doubled its profits in the first quarter compared with the same period a year ago, while also clearing the high revenue bar set by Wall Street. Earnings per share came in at $7.09 on a diluted basis, compared with $3.27 in the 2018 quarter. Analysts had expected $4.72 a share. Total revenue of $59.7…

A petition for the divorce of Amazon founder Jeff Bezos and his wife MacKenzie was filed Thursday, with Amazon saying in a SEC filing that as part of the deal MacKenzie will receive about 4% of the company, or 25% of the couple’s total stock. The online giant’s current market cap today is about $892 billion, meaning…

Amazon Studios boss Jennifer Salke sidestepped addressing Woody Allen's $68 million lawsuit against the streamer at the TCA in February, but the Jeff Bezos-founded company's lawyers were pretty blunt today. While not calling for a full dismissal of the self-described "pariah" director's big bucks February 7th filed com…

Having gone after The Washington Post and today CNN, Nicholas Sandmann's lawyers are gearing up to whack a major media outlet "every few weeks or month." "Certainly we're looking very closely at NBC, we're looking very closely at AP, we're looking very closely at HBO for the conduct of Bill Maher, and we're looking…

Getting Donald Trump out of the White House must be the priority of all Democrats, Vermont Sen. Bernie Sanders told CNN's town hall participants Monday night. Not only because he tried to throw more than 30M people out of health care, and not only because, after promising tax cuts for everyone, the biggest beneficiary…

There is "no timetable," according to Amazon Studios boss Jennifer Salke, for the launching of the streamer's already much-hyped series based on The Lord of the Rings. However,it looks like there is a new way to find out what's going on in the "darkest depths of Mordor," to quote those J.R.R. Tolkien fans Led…

After a roller-coaster week in politics, including President Donald Trump’s second State of the Union address, Saturday Night Live had an abundance of material for this weekend’s cold open. But before briefly touching on Trump’s speech, the show kicked off with a look at Amazon owner Jeff Bezos’ skirmish with National…

UPDATE, 10:05 AM: The owners of the National Enquirer now have a bigger problem than a pissed off and fighting back Jeff Bezos: the feds. Just a day after the Amazon founder published a detailed overview of the attempts by the David Pecker-run tabloid to halt his investigation into how private texts and photos got…

Investigative reporter Ronan Farrow has claimed that the National Enquirer and its parent corporation American Media Inc. threatened him over his work, echoing complaints made earlier today by Amazon CEO Jeff Bezos. In a series of tweets, Farrow said American Media Inc., the National Enquirer parent, had sent him and…

After weeks of seeing his private life flooded into the public, Jeff Bezos went online today to accuse Donald Trump's pals at the National Enquirer of attempting to strong arm him with intimate photos, texts and an intent to ruin him with Amazon shareholders. “Any personal embarrassment AMI could cause me takes a back…

Amidst continuing controversy over alleged sexual misconduct, it turns out Woody Allen isn’t turning the other cheek to the end of his multimillion-dollar and multi-picture deal with Amazon. The Oscar winner on Thursday hit the studio division of the Jeff Bezos-founded company with a $68 million lawsuit over the…

UPDATED with executive comment. Amazon reported stellar results for the fourth quarter, including record sales of its own devices like the Echo, Fire and Alexa product lines. The tech giant reported net sales of $72.4 billion, up 20% from the year-earlier quarter and ahead of Wall Street forecasts for $71.87…