Thursday, July 25, 2013

TechFlash: Amazon posts $7M loss, share price falls

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Amazon posts $7M loss, share price falls

Investors were clearly not expecting Amazon to post a loss this quarter. But that's just what the Seattle company did, reporting a $7 million loss, or 2 cents per share, on $15.7 billion in revenue – basically the opposite of the $7 million profit the company posted in the same quarter last year.

Amazon files court petition in $600M CIA contract deal

Amazon.com Inc. has filed a petition to have a federal court approve its $600 million cloud computing deal with the Central Intelligence Agency.

Expedia, Outerwall post second quarter profits

Shares in Expedia are dropping dramatically in after-hours trading, after the company posted a drop in profit.

Booking.com leases large call center, office space in Bellevue

Booking.com is moving its sales center from Seattle to downtown Bellevue, and is opening a call center along Interstate 90.

Cray gets $30M UK supercomputer contract

Cray Inc. said it's received a $30 million contract to install one of its XC30 supercomputers at the University of Edinburgh in Scotland.

Stanford University hacked; everyone on campus urged to change passwords

Thousands of Stanford students, professors and staff woke up Thursday to a warning to change their passwords, after hackers apparently broke into the school's computer system and stole sensitive data.

Amazon selling Kindle interviews with world leaders

Amazon.com Inc. said it will begin selling interviews of world leaders for 99 cents for customers of its Kindle e-reader devices.

Concur backs Seattle travel startup Trover

For the second time in as many days, Bellevue-based Concur has invested in a local travel startup.

Google v. Apple: Who's winning in TV, education and tablets

It's no secret that Google and Apple are in an ongoing death match to be the dominant tech player in Silicon Valley.

Apple warns of counterfeit accessories, following fatal iPhone electrocution

Apple this week published an online guide designed to help people identify genuine iPhone and iPad chargers, following two high-profile reports of people being electrocuted while using counterfeit chargers.

NBC News finalizes Columbia Center lease

NBC News has confirmed it's leasing about 23,000 square feet on one floor of the 76-story Columbia Center building in downtown Seattle.

National Tech News

MetroPCS expands into 15 new markets, including Houston

HomeAway posts strong 2Q profit

Expedia, Outerwall post second quarter profits

Zynga revenue, players crater, US gambling off the table

Boulder's SolidFire receives $31 million investment

Why I set up a Facebook fan page

Want a reservation at State Bird? Hack it

TVC shares in SBA tech partnership grants

Price gearing for mortgages, IT upgrade

Google v. Apple: Who's winning in TV, education and tablets

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