Amazon is coming out with its own media box for TVs, according to Bloomberg Businessweek. The device would compete with Apple TV, Roku, and possibly cable and satellite companies.
Some Amazon critics say the company’s razor-thin quarterly profits — if there are any at all — are evidence that CEO Jeff Bezos is running the company like a “charity” for the benefit of customers at the expense of shareholders.
Every purchase, online web search and even cellphone call generates data that companies hope to use to boost sales. But storing all that data is becoming a big expense, and it has spawned a multibillion-dollar industry.
The CIA has reportedly recruited Amazon to develop a private cloud for American intelligence gathering. So is there any sector Amazon isn't involved in these days?
