Amazon's Purchase of Diapers.com's Parent Receives Rubber Stamp

Amazon.com has received regulatory approval for its previously announced acquisition of Quidsi, the parent company of Diapers.com, Soap.com and BeautyBar.com. According to a document filed with the SEC, the acquisition is expected to close on April 1. Amazon announced in November that it would buy the e-commerce company for $540 million in cash.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald