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Stocks Get Post-Holiday Bump
 Stocks Get Post-Holiday Bump 
MARKET Open

Stocks Get Post-Holiday Bump

Dow up mildly on light trading

(Newser) - Stocks saw a modest uptick this morning, despite a consumer spending report seemingly designed to puncture post-holiday cheer. The Dow rose 40.93 points, while the S&P and Nasdaq added 3.86 and 5.81, respectively. But volume was extremely low, as many Wall Street denizens took the day...

Racist Music Finds Home Online
 Racist Music Finds 
 Home Online 
GLOSSIES

Racist Music Finds Home Online

White-power albums readily available on iTunes, Amazon, to bands' delight

(Newser) - Online outlets are making it much easier for musical acts with unpopular messages to get their material heard, Spin reports. “Because stores wouldn’t carry us, selling records used to be laborious,” says the lead singer of white-power act Brutal Attack, citing boycotts from anti-racist groups. The band...

Pogue's Top Tech Ideas of '08
 Pogue's 
 Top Tech 
 Ideas of '08 
OPINION

Pogue's Top Tech Ideas of '08

List includes advancements from iPhone, Amazon and Netflix

(Newser) - David Pogue runs down the best tech ideas of 2008 in the New York Times, “the flashes of genius that somehow made it through committee, past the lawyers, and into the marketplace.” Highlights include:
  • Headache-free packaging: Amazon’s plastic-free alternative is good for the environment and does not
...

Amazon Leads Charge Against Clamshell Packaging

(Newser) - Stories of angry and even injured customers have inspired companies to ditch sealed clamshell packaging for easy-to-open alternatives, the New York Times reports. Amazon leads the pack, working with suppliers to ship products in plain cardboard boxes ahead of the holidays. Even some offline companies, which rely on clamshells to...

Oprah Flips for Amazon's Kindle

Reading gadget is 'life changing,' TV host declares

(Newser) - Oprah Winfrey is taking her book-promotion prowess to the tech world: The multimedia mogul declared the Amazon Kindle device her “new favorite gadget” on today’s show, calling it “life changing.” That should give the year-old electronic reader a boost, reports Forbes, but the Kindle may...

MySpace Elbows iTunes With New Music Service

Rival launches today

(Newser) - Apple’s iTunes meets its first serious challenge today with the launch of MySpace Music, CNET reports. The second-largest online social network has joined forces with Amazon and the world’s four biggest record labels to offer free streaming and paid downloads. The move also pitches media mogul and MySpace...

Amazon's On-Demand Video Good, Not Great: Mossberg

Streaming service works well; selection could be better

(Newser) - Amazon’s new Video on Demand service works well, Walter Mossberg writes in the Wall Street Journal, although the selection of titles could be better. The service allows users to individually purchase movies and TV to stream, with most rentals lasting 24 hours. The videos are stored on an Amazon...

In Vino, Cash: Amazon to Sell Wine

Firms has partnered with nonprofit association of vintners

(Newser) - Online shopping got a little more intoxicating today as Amazon announced it will start selling wine in the US starting in October, Reuters reports. The retailer —looking for a chunk of the $30 billion-plus US wine market —has partnered with Napa Valley Vintners, which will supply vino from...

New Reader May Top Kindle
 New Reader May Top Kindle 
PRODUCT REVIEW

New Reader May Top Kindle

Plastic Logic's version is lighter, thinner, wider

(Newser) - Move over, Kindle. A new e-book reader made by German/British firm Plastic Logic is on its way, and seems to fix many of the Amazon reader’s apparent flaws, Wired reports. PL’s as-yet-unnamed reader is 8.5 inches by 11 inches, but less than 3/10 of an inch thick...

Re-Kindling May Not Be Enough
 Re-Kindling May Not Be Enough
ANALYSIS

Re-Kindling May Not Be Enough

Version 2.0 is coming, but a megahit may still elude Amazon

(Newser) - Amazon plans to launch the next generation of its Kindle e-book player in the coming months, but an iPod-sized hit may still be out of the company's grasp, Peter Burrows writes in BusinessWeek. Much-needed improvements are on the way, but the real future for Kindle could be in using its...

Retail Politics Entangle Book on Obama

Barnes & Noble cuts order over publisher's deal with Amazon

(Newser) - Barnes and Noble says its stores will not stock Obama’s Challenge, a new book outlining a progressive economic agenda for the Democratic candidate, because the publisher cut an exclusive deal with Amazon.com, the Wall Street Journal reports. Amazon’s print-on-demand service will offer the title beginning Monday, while...

Stocks Post Modest Gains
 Stocks Post Modest Gains 
MARKETS

Stocks Post Modest Gains

(Newser) - Stocks managed to hold on to small gains today from a big early rally, as oil prices fell despite the fighting in Georgia, MarketWatch reports. The Dow closed up 48.03 points at 11,782.35. The Nasdaq gained 25.85 points to 2,439.95, and the S&P...

Kindle Is King of the Market —But It's a Small Market

Amazon's electronic reader is up against tough demographics

(Newser) - After about 9 months on the market, how goes the Kindle? No official sales figures are out for Amazon's electronic reader, but Liz Gunnison of Portfolio tries to get a sense of things. If you were expecting it to ignite a revolution in reading, keep dreaming. Amazon has likely sold...

Web Crashes Take Bigger Toll, Fuel Bigger Outrages

One engineer has a site to check whether favorite sites are actually down

(Newser) - A crashing website once was no big deal, but now it can cost a company millions and send customers into fits of rage. In a sign of the times, one San Francisco web engineer has started downforeveryoneorjustme.com, allowing visitors to see whether a site is down or if it's...

Amazon Kept Laughing After Dot-Com Bust
Amazon Kept Laughing After Dot-Com Bust
ANALYSIS

Amazon Kept Laughing After Dot-Com Bust

E-tailer stays nimble as Yahoo, eBay trip into the future

(Newser) - Yahoo, eBay, and Amazon emerged from the dot-com bust as a mighty triumvirate, but only Amazon has kept its mojo in the decade's latter stages, the Economist reports. Yahoo, the oldest of the lot at 14, shooed away Microsoft, surrendered part of its business to Google, and failed to stay...

Amazon to Launch On-Demand Video Streaming

Service to rival Netflix will be up and running within weeks

(Newser) - Amazon plans to open the sluices for pay-per-view video streaming within weeks, Reuters reports. The Internet retail giant already rents videos for download via the Web but is enhancing its digital media service to better compete with rivals like Apple and Netflix. Amazon boss Jeff Bezos told a conference yesterday...

Book Giant Weighs Bid for Chief Rival

Barnes & Noble checks out Borders

(Newser) - Barnes & Noble is mulling a possible bid for its nearest rival, Borders, reports the Wall Street Journal. America's biggest book chain, with 22% of the market, has assembled a team of 30 executives and experts to study a takeover of the second biggest, with 12% of the market. Such...

15 Dead in Brazil Ferry Accident

Dozens still missing after early morning tragedy

(Newser) - A ferry taking passengers home from a nighttime party capsized yesterday in Brazil, killing at least 15 people, AP reports. Dozens more were missing in the Solimoes River, one of the Amazon's largest tributaries. Most of those killed were women. Some passengers swam to shore and others were picked up...

Amazon Keeps Building on Digital Transformation

Firm develops download stores for books, music and movies

(Newser) - Sales of downloadable digital media continue to gain ground on conventional formats—last week, Apple’s iTunes passed Wal-Mart as top US music seller. Not to be outdone, Amazon.com is rapidly expanding its venues for digital Web delivery, the New York Times reports. This year, the company debuted a...

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