Here’s this week’s round-up of Amazon.com (NASDAQ:AMZN) news briefings. Amazon.com (NASDAQ:AMZN) stocks ended the week at 175.93 (as of 2/4/2011).
Weekly News Roundup: Amazon.com (NASDAQ:AMZN)
Monday 31 January
Amazon.com (NASDAQ:AMZN) is set to give Prime members unlimited, Netflix-style video streaming.
Amazon.com (NASDAQ:AMZN) appears to be readying a service that would make 5,000 movies and TV shows available to watch instantly, for no extra charge to members of the online retailer’s $79 per year Prime program.
Amazon.com (NASDAQ:AMZN) Prime is a membership program that provides free two-day shipping as well as one-day shipping for $3.99 per item on certain purchases.
The instant-streaming service from Amazon.com (NASDAQ:AMZN) would add to the growing amount of premium video content available online under a subscription plan.
Wednesday 2 February
Amazon.com (NASDAQ:AMZN) has plans to add a Oracle Web Services option to their online offerings.
Seattle-based Amazon.com (NASDAQ:AMZN) Web Services, the web services arm of Amazon.com (NASDAQ:AMZN), said that it is planning to launch a new, web services version of Oracle Database 11g via its Amazon.com (NASDAQ:AMZN) Relational Database Service.
Raju Gulabani, the Vice President of Database Services at Amazon.com (NASDAQ:AMZN) Web Services said that, “Customers were really excited when we launched Amazon RDS for MySQL because it allowed them to run familiar MySQL databases while offloading operational responsibilities and capital costs associated with physical servers and datacenters. Enterprises have asked when we’d offer the same functionality for Oracle Databases. We’re pleased to share that we’re not only releasing it soon, but also that we’re ready to have conversations with interested customers so they can plan for future deployments.”
Thursday 3 February
According to reports, Amazon.com (NASDAQ:AMZN) has decided to offer a subscription-based video streaming service.
Amazon (NASDAQ:AMZN) has planned to offer a subscription service that will compete head to head with Netflix Inc. by offering unlimited access to movies and TV shows.
Amazon.com (NASDAQ:AMZN) temporarily offered an option on its website last week, which gave Amazon (NASDAQ:AMZN) Prime customers unlimited streaming of about 5,000 movies and TV shows.
In connection with this project, Amazon.com (NASDAQ:AMZN) has agreed to buy the 58 percent of British DVD and games rental firm Lovefilm that it does not already own for an undisclosed price.
We’ll be keeping a close eye on the Amazon.com share price for developments over the next few weeks.
