Amazon announced on Tuesday that its Prime Instant Video service and access to “Your Video Library” is now available to Xbox Live Gold subscribers. The streaming service, which is available as a part of Amazon Prime for $79 a year and offers customers free two-day shipping, features more than 17,000 movies and TV episodes, including hundreds of Paramount films. “Working with Amazon.com marks a significant milestone in our mission to make the entertainment you love more amazing on Xbox,” said R...

Amazon on Wednesday announced that it has reached a licensing agreement with Paramount Pictures that will enable Prime Instant Video customers in the U.S. to stream hundreds of new hit movies over the next three years. The service, which is available for $79 a year and offers customers free two-day shipping, now features more than 17,000 movies and TV episodes. “We are continuing to invest in building a vast selection for Prime Instant Video and are excited to bring Prime customers some of the most renowned...

The Amazon Appstore was updated on Monday to include the company’s popular Test Drive feature on Android devices. The retail giant previously allowed users to test apps using desktop browsers prior to purchasing them, but now trials can be tested on devices. “Today we begin the beta rollout of Test Drive on Android phones,” Amazon said. “Now customers can instantly try apps on their phone — where a majority of app purchases take place — without downloading or installing any...

Amazon is reportedly meeting with advertisers to pitch the idea of welcome screen ads on its popular Kindle Fire tablet. The retail giant is asking $600,000 for prime placement on the slate, according to a report from AdAge. Amazon currently offers its entire range of Kindle eReaders with advertisements that appear on the devices’ screen savers. Customers who opt to purchase a Kindle with ads enjoy discounts of between $30 and $50 off the purchase price of the devices; if Amazon carries the same model o...

Amazon’s second Kindle Fire tablet, an updated model with a 10-inch display, will launch in the third quarter this year according to a recent report. Backing away from its earlier reports placing the 10-inch Kindle Fire’s launch date in the second quarter, Digitimes on Friday cited market rumors in claiming that Amazon’s next tablet will launch in the third quarter. The site also reports that the launch of Amazon’s purported 8.9-inch tablet has been suspended. BGR exclusively reported...

Amazon will reportedly launch a new version of its Kindle eBook reader later this year that features a color display with a capacitive touch panel. Citing multiple unnamed sources within Amazon’s supply chain, Digitimes on Thursday reported that Amazon is currently beginning to place parts orders for the new Kindle, which will launch some time in the second half of 2012. The site also claims Amazon will likely make use of new color display panels from E Ink, and TPK Holding Company will supply the multi...

Amazon’s Kindle Fire tablet exploded onto the scene late last year. Despite only being available for a month and a half in the holiday quarter, Amazon shipped nearly 4 million Kindle Fires in its launch quarter to take 14% of the global tablet market according to market research firm IHS iSuppli. While many touted the tablet as the iPad’s biggest competitor, Apple’s CEO Tim Cook insisted that Amazon’s tablet had absolutely no impact on iPad sales. Now, in the first quarter of 2012 it l...

Amazon’s Kindle Fire debuted and found rapid success, recording an explosive first quarter and capturing a 14% share of the overall tablet market. The latest numbers from comScore indicate the Kindle Fire had almost doubled its share of the U.S. Android tablet market over the past two months to 54.4%. According to market research firm IDC, however, Amazon’s market share tumbled from 16.8% in the fourth quarter of 2011 to just over 4% last quarter, pushing Amazon to the No.3 spot behind Apple and S...

Amazon on Wednesday announced an expansion of its Amazon Studios division, which will soon develop original content. The retail giant is currently accepting proposals for comedy and children’s programming to be distributed through its Instant Video service, the company said on Wednesday. “Amazon Studios wants to discover great talent and produce programming that audiences will love,” said Roy Price, director of Amazon Studios. “In the course of developing movies, we’ve heard a lot of interest from ...

Amazon’s Kindle Fire has seen rapid adoption among tablet buyers since its release last November. The device had an explosive debut quarter, giving it a 14% share of the tablet market. According to the latest numbers from comScore, the Kindle Fire has almost doubled its share of the U.S. Android tablet market over the past two months from 29.4% in December to 54.4% in February. In other words, more tablets running Amazon’s version of Android were sold in the U.S. than tablets running Google’...

Amazon on Thursday reported its financial results for the first quarter of 2012. Analysts were looking for a profit of $0.07 per share on $12.86 billion in sales, and Amazon posted earnings of $0.28 per share on revenue of $13.18 billion, crushing expectations. The retailer netted $0.38 per share on revenue of $17.4 billion this past holiday quarter, and $0.44 per share on $9.86 billion in sales during the first quarter last year. The nationwide retailer’s stock had been up and down all week as Wall St...

According to a recent report from Forrester Research, Apple’s iPad tablet PC will continue to lead the tablet market through 2016 despite increased competition. The Cupertino-based company’s iPad is expected to account for 53% of the global tablet market in 2016, at which time emerging markets may account for nearly 40% of all tablet sales, The Financial Post reported on Monday. Over the next five years, the global tablet market is estimated to increase to 375 million devices, up from 56 million s...

Amazon’s cloud computing infrastructure has seen tremendous growth and is silently becoming a core element of the Internet. According to research from DeepField Networks, one-third of the millions of users covered by the study visited a website that uses Amazon’s infrastructure each day, WIRED reported on Wednesday. While most people still think of Amazon mainly as an Internet retailer, the company is quietly becoming “a massive utility” that is responsible for 1% of all Internet traffi...

Online retail giant Amazon is said to be stretching the truth regarding the size of its streaming content library when reporting numbers to the public. According to a report from Fast Company, the “17,000 movies and television shows” Amazon claims to offer Amazon Prime customers is inflated by roughly 10 times. Amazon Prime members have free, unlimited access to Amazon’s streaming content catalog, which can be viewed using a number of devices including a Roku set-top box and Amazon’s K...