Thursday, January 31, 2008

Incredible irony—as of this morning, I am working with Amazon again. Sigh.

Amazon Snaps Up Audible For $300 Million (AMZN) - Silicon Alley Insider:

More digital ambitions from Amazon: The company is buying audio book pioneer Audible for $300 million. The $11.50 per share price is a 24% premium above yesterday's close; it gets Jeff Bezos a company that lost $192,000 on sales of $27 million in its last quarter.