Ben Popper at the Verge says Amazon's third-quarter earnings results are in, and they're not very good. Amazon announced an "operating loss of $544 million," which Popper says is more than 20 times the loss at this time last year. (It's not all bad news. Amazon's revenues climbed to $20.84 billion, which is up 20 percent over last year.)

Re/Code's Jason Del Rey reports that much of that loss—$170 million!—is a writedown from Amazon's Fire Phone, which can now safely be labeled a disaster. The Fire Phone represents a rare high-profile misstep for Jeff Bezos, who seemed eager to tie his public image to the phone when it launched in June.