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Amazon says it will abandon plans to open one of its headquarters in New York. The announcement came abruptly, after New York leaders spent months campaigning for the facility.

Kindle Unlimited will give readers access to over 600,000 titles for $9.99 a month. The service was short on newer releases when it launched Friday.

Amazon is positioning itself to be a bigger player in the digital music and movie market. This week, the company announced that it would be offering its movie and music apps on more devices including Apple's iPad. NPR's Laura Sydell has the story.

Currently, Amazon.com only offers food delivery in Seattle, where the company is based. Food goes bad fast and it's hard to make a profit. But slim profit margins are what have made Amazon a juggernaut.

The online retailer is introducing a service that lets Twitter users add Amazon.com products to their carts without leaving the social media site.

A deal was announced on Wednesday in which Amazon will acquire MGM, the storied Hollywood movie studio.

Its growing list of investments, including its first smartphone, which launched last month, are being blamed for the loss, along with its foray into digital content production.

How big is too big?

The company makes a mobile app for buying and reading digital comics, including titles from Marvel and DC Comics. The terms of the deal have not been disclosed.

Amazon and Netflix are trying to take India's streaming market. But so far, success in the country has proved elusive.