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Microsoft Releases Office 365; Pinterest Testing New Look; Amazon Profits Take a Hit
2013-01-30 19:36:10| PC Magazine Software Product Guide
From Microsoft's Office 2013 subscription model to Pinterest's revamp, here's what you missed yesterday.
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Amazon raises Q4 sales 22% to USD 21.3 billion
2013-01-30 08:25:00| Telecompaper Headlines
(Telecompaper) Amazon grew its turnover 22 percent to USD 21.27 billion in the fourth quarter of 2012, and its operating profit by 56 percent to USD 405 million. Operating margin growth in North America was partly driven by higher sales on its website by third parties, accounting for 39 percent of units purchased in the period. Net profit fell by 45 percent to USD 97 million in the fourth quarter. Company founder and CEO Jeff Bezos said the eBooks category grew by around 70 percent in 2012, while physical book sales only rose by 5 percent, the slowest December growth rate since Amazon opened for business 17 years ago. The company still built 20 warehouses last year. Amazon anticipates sales of USD 15-16.6 billion in the first quarter, up by 14-26 percent year-on-year. It expects to report a figure between an operating loss of USD 285 million and an operating profit of USD 65 million, compared to a USD 192 million operating profit in the first quarter of 2012.
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Brazil: Loans tied to environmental compliance reduced Amazon deforestation by 15%
2013-01-30 08:23:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: A rural credit law that ties loans to environmental compliance made a significant contribution to reducing deforestation in the Brazilian Amazon between 2008 and 2011, argues a study published by the Climate Policy Initiative (CPI). Does Credit Affect Deforestation? Evidence from a Rural Credit Policy in the Brazilian Amazon looks at the impact of Brazil's Resolution 3545, a 2008 law that restricts access to subsidized credit for rural farmers and ranches who fail to provide proof of compliance...
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Amazon Profits Take a Hit as Transition to E-Books Continues
2013-01-30 02:35:50| PC Magazine Notebooks Product Guide
Sales in the holiday quarter were up but net income was down as the online retail giant sees lowest quarterly growth in physical books sales since its founding.
Amazon Profits Take a Hit as Transition to E-Books Continues
2013-01-30 02:35:49| PC Magazine Cell Phones Product Guide
Sales in the holiday quarter were up but net income was down as the online retail giant sees lowest quarterly growth in physical books sales since its founding.
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