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Amazon Opens Lending Library for Kindle

But it's only for those who belong to its Prime program

(Newser) - Starting today, Kindle users who are Amazon Prime subscribers—and no one else—will have access to Amazon’s new ebook lending library. The library won’t be available to those using Kindle apps on other devices, and it’s opening with a fairly small selection of books: just over...

Netflix Stock Tumbles 35%


 Netflix Stock Tumbles 35% 
Oct 26, 2011 9:56 AM CDT

Netflix Stock Tumbles 35%

Aggressive expansion, subscribers' departure add to woes

(Newser) - Amazon’s plunging profits may have Jeff Bezos worried, but he can take solace in the misery of a competitor: Netflix stock dropped a whopping 35% to $77.37 yesterday following some bleak announcements the day before. On Monday, the company said its US subscribers had plummeted and that...

Amazon's Profits Plunge 73% in Third Quarter
 Amazon Profit 
 Plummets 73% 
Oct 25, 2011 6:27 PM CDT

Amazon Profit Plummets 73%

Company cites pricey investments in streaming, Kindle Fire

(Newser) - Amazon.com's lavish spending has cut into profits and left investors rattled, the Wall Street Journal reports. The company announced a dizzying 73% drop in third-quarter profit today and saw its stock fall by 12%, or $28, to $198 in after-hours trading. The reason: Amazon is investing big-time in...

Scientists Hunt for New Chocolate Flavors

American and Peruvian researchers scour the Amazon for wild cacao trees

(Newser) - In 2008 and 2009, American and Peruvian scientists joined forces on a hunt for sweet treasure—new kinds of chocolate. They explored the Amazon Basin, searching for wild cacao trees—which produce the beans that go into chocolate—and discovered 342 specimens from 12 watersheds, reports NPR . Each new cacao...

Amazon in Talks with HP to Buy Palm
 Amazon in Talks 
 to Buy Palm 
Sep 30, 2011 11:03 AM CDT

Amazon in Talks to Buy Palm

Purchase would allow Internet giant to expand with webOS

(Newser) - Hot on the heels of its Kindle Fire announcement , Amazon may be about to make a big acquisition: The company is in talks to buy Palm, an insider tells VentureBeat . Palm is currently owned by HP, but the tech firm wants to dump it, and Amazon is first in line...

In Amazon&#39;s Warehouse, Shades of Grapes of Wrath
In Amazon's Warehouse, Shades of Grapes of Wrath
Ezra Klein
Sep 29, 2011 1:00 PM CDT

In Amazon's Warehouse, Shades of Grapes of Wrath

LeHigh warehouse like something out of Grapes of Wrath , Ezra Klein observes

(Newser) - In the Grapes of Wrath, the Joad family gets a hard lesson in economics, when they follow a handbill for jobs to California—only to find there are no jobs. Why, he asks, did they put out the handbills? A fellow homeless man replies that if you’ve but one...

Amazon's Kindle Fire Won't Kill Apple's iPad
 New Kindle Can't Touch iPad 
OPINION
Sep 28, 2011 1:30 PM CDT

New Kindle Can't Touch iPad

It'll be a competitor, but Apple has little to fear

(Newser) - Amazon’s new Kindle Fire has been getting a lot of hype as an “iPad killer,” but Apple shouldn’t exactly be quaking in its boots, opines John Paul Titlow of ReadWriteWeb . “As far as hardware is concerned, the Kindle Fire looks more like a cross between...

Best Online Shoppers: Tablet Users
Best Online Shoppers:
Tablet Users
Sep 28, 2011 9:03 AM CDT

Best Online Shoppers: Tablet Users

... and store websites may change to accommodate them

(Newser) - Marketing in the modern age: It seems tablet users make the best online shoppers, reports the Wall Street Journal . Industry stats put the coveted "conversion rate" at 4% or 5% for tablet users vs. 3% for PC users. What's more, perhaps because tablet users tend to be wealthier,...

Latest Amazon Brainchild: Netflix for Books

But publishers are leery of idea

(Newser) - Amazon is chatting with publishers about starting a subscription-based digital book library—but publishers are reluctant to jump on the bandwagon. Under the Netflix-like proposal, consumers would pay a yearly fee to get access to the library, insiders tell the Wall Street Journal . Publishers, however, are concerned that such a...

Amazon Agrees to Charge California Sales Tax

Online retailer makes a surprise concession

(Newser) - Amazon made a surprising move last night: It gave in and agreed to charge sales tax in California next year. The online retailer announced it had reached a deal with the state in which it would stop fighting a new law that would force it to collect sales tax in...

With New Tablet on Way, Amazon Overhauls Website

Gone is blue-and-orange toolbar, for open, white design

(Newser) - Amazon is beginning to roll out a major website revamp designed to make navigation easier on tablet computers, including a coming touch-screen tablet of its own, reports the Wall Street Journal . Gone is the familiar blue-and-orange navigation bar along the left, replaced instead with plenty of open, white space and...

Amazon to California: Ditch Tax, Get 7K Jobs

State senate, local retailers hostile to offer

(Newser) - Amazon has got a tempting offer for California, which is battling the nation’s second-highest unemployment rate: If the state delays a new online sales tax for two years, the Internet retailer will bring 7,000 new jobs to the Golden State. Amazon would also halt its push for a...

Vanity Fair Unveils 'New Establishment' List

Mark Zuckerberg tops it, along with other tech execs

(Newser) - Vanity Fair put another feather in Mark Zuckerberg’s cap today, naming him to the top spot in its “ New Establishment ” list for the second year in a row. What’s the “New Establishment” you ask? Well, in the magazine’s words, it’s “an innovative...

Amazon Launches Government Cloud

GovCloud to meet regulatory requirements

(Newser) - Need somewhere to communally draft a bill? To the cloud! Amazon yesterday launched a new version of its cloud service called “GovCloud,” which it says is “designed to allow US government agencies and contractors to move more sensitive workloads into the cloud by addressing their specific regulatory...

Amazon Fights to Avoid Sales Tax

Keeps a map of where employees can travel to

(Newser) - It’s not a lucky quirk of the laws that keeps Amazon from charging you sales tax—it’s a concerted campaign. Former employees tell the Wall Street Journal that the company goes to great lengths to shield customers from the tax man. Employees for example must consult a color-coded...

Amazon Scores NBCUniversal Streaming Deal

Amazon Prime customers can now access 7K shows, 2K movies

(Newser) - Netflix and Hulu beware: Amazon has struck a new blow in the battle for streaming content. A deal with NBCUniversal has added some 1,000 movies and TV shows to the web giant’s streaming library. Alongside a deal with CBS, Amazon now provides its Prime customers—who pay $79...

Amazon's Kindle Coming to ... Toys 'R' Us?

Kids' store to carry e-reader starting Sunday

(Newser) - Does Amazon's Kindle count as a toy? It must now, because starting Sunday it’ll be sold at Toys 'R' Us stores, the companies have announced. It’s not the first retail outlet to carry Amazon's e-reader, but it is the least usual suspect of the bunch....

AOL vs. Google: The Ten Most Visited Domains, 1996 vs. 2011
 10 Hottest Domains: 
 1996 vs. Today 
my, how we've grown
Jul 25, 2011 4:11 PM CDT

10 Hottest Domains: 1996 vs. Today

Remember when AOL was king?

(Newser) - Back in 1996, AOL was king of the Internet; its closest competitor was Webcrawler; and the University of Michigan owned a top 10 domain. Things have changed, as comScore data reveal in Business Insider:
  1. 1996: AOL. Today: Google sites.
  2. 1996: Webcrawler.com. Today: Yahoo! sites.
  3. 1996: Netscape. Today: Microsoft sites.
...

Consumer Reports Says Barnes & Noble Nook Better e-Reader Than Amazon Kindle
 Nook Beats 
 Out Kindle 
says consumer reports
Jul 25, 2011 2:00 PM CDT

Nook Beats Out Kindle

Barnes & Noble e-reader boasts touch screen, lighter weight, two-month battery

(Newser) - If you’re looking to do some e-reading on the beach this summer, Consumer Reports is advocating something other than the Kindle for the first time: Barnes & Noble’s Simple Touch Nook finally has beat Amazon's offering. Unlike the Kindle, the Nook has a touch screen; it’s...

Amazon Plans to Launch Tablet Computer by This Fall
Amazon to Launch
iPad Rival by This Fall
tech rumor mill
Jul 13, 2011 6:27 PM CDT

Amazon to Launch iPad Rival by This Fall

It also plans a touch-screen Kindle: Wall Street Journal

(Newser) - Amazon will have a tablet computer of its own out by October to compete with the iPad, reports the Wall Street Journal . Insiders say the Android device will have a 9-inch screen but no camera. Amazon also plans two Kindle updates: One version will have a touch-screen and the other...

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