Amazon Giving Away Free Vinyl LPs
In honor of the relaunch of its Vinyl Record store, online retail giant Amazon is giving away free vinyl LPs to customers. The offer began on October 23rd, with one LP to be given away daily for 13 days. Today, the LP to be given away is a copy of the Rolling Stones' 1971 set, Sticky Fingers. On Thursday, Amazon will not only give away a copy of the Michael Jackson classic, Thriller, but also a TEAC turntable. For more information about Amazon's 13 Day Vinyl Giveaway, or to enter, Click Here.
Volkswagen Post 1st Quarterly Loss in 15 Years
Volkswagen announced Wednesday it took its first quarterly loss in some 15 years and warned shareholders that the $7.4 billion it set aside to cover costs associated with the emissions scandal may not be enough. Almost six weeks since the carmaker admitted to using deceptive software in diesel cars, the carmaker is under intense pressure to make repairs to some 11 million vehicles with the deceptive software and identify those responsible. At the same time, the company is struggling to convonce regulators and consumers that it won't make similar mistakes in the future. As a result of the biggest crisis in VW's 78-year history, its stock value has plummeted by more than 25 percent.
IBM Acquires Weather Channel Digital Assets
IBM announced Wednesday that it has agreed to purchase several digital assets from Weather Company, the organization that runs the Weather Channel and Weather Underground. The purchase includes the Weather Underground app and website, as well as the Weather Channel app and website, but does not include the Weather Channel television network. As part of the deal, Weather Channel staff will license weather forecasts and anayltics from IBM under a long-term contract. The sales price for the digital assets was not disclosed.