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Amazon Unveiled as $4M Buyer of Rowling Fairy Tales

Proceeds from the handwritten book will go to charity

(Newser) - The Internet giant of book sales revealed today that it was behind the purchase of "The Tales of Beedle the Bard" in auction yesterday. Amazon paid $3.98 million for the handwritten manuscript -- a record for a children's book and for any modern literary manuscript, not to mention...

Book Lovers Make Plea for Better Reviews
Book Lovers Make Plea for Better Reviews
OPINION
Dec 9, 2007 4:51 AM CST

Book Lovers Make Plea for Better Reviews

New Republic calls shrinking coverage a risk to society

(Newser) - The book may be in decline in our fast-changing world, one complete with electronic readers and shrinking attention spans, but the editors at New Republic will have none of it. They reject the notion that books must conform to the digital age and take newspapers to task for the decline...

Pepsi, Amazon Could Spark Digital Music Revolution

Promotion deal pushing music companies to switch to DRM-free MP3 format

(Newser) - Pepsi and Amazon aren’t music producers, but they may inspire large-scale changes in the industry, Reuters says. The two companies will launch a music download promotion of MP3 songs during the Super Bowl next year, a deal pushing music titans like Warner Music and Sony BMG to consider distributing...

Tech Stocks Lead Nasdaq surge
Tech Stocks Lead Nasdaq surge
Nov 28, 2007 5:07 PM CST

Tech Stocks Lead Nasdaq surge

(Newser) - Amazon, Research in Motion and Google led a blue chip advance in the tech sector today, helping to pull the Nasdaq Composite up 3.2%, after a Fed officials reiterated the need for a “nimble” monetary policy, raising hopes the group will lower interest rates next month, the Wall ...

Feds Withdraw Amazon Subpoena
Feds Withdraw Amazon Subpoena
Nov 28, 2007 7:39 AM CST

Feds Withdraw Amazon Subpoena

Judge bashes request for book-buyers records as 'Orwellian'

(Newser) - Federal prosecutors have withdrawn a subpoena seeking information on thousands of Amazon customers' book-buying habits, MarketWatch reports. The US Attorney's office had sought information on the purchasers of 24,000 used books in connection with a grand-jury probe of a third-party seller on Amazon. But the judge rejected the request,...

Amazon's E-Reader Sells Out Within Hours

Kindle gets mixed reviews, but it's gone in a flash

(Newser) - Amazon’s pre-Thanksgiving launch of the Kindle, an electronic book reader, sold out in just five and a half hours, reports Engadget. The $399 device is able to download books directly from Amazon’s wireless network, which piggybacks on Sprint’s, bypassing Wi-Fi hotspots and making it independent of computers....

Amazon's E-Book Gamble Gets Big Play

Newsweek looks at changes $399 device could wreak on reading

(Newser) - News that Amazon would debut its new Kindle e-book leaked earlier this week, and a Newsweek cover story has the full hype on what Jeff Bezos and company hope to achieve with it. "This isn't a device, it's a service," Bezos says of of the Kindle, pointing to...

Amazon Tries Something Novel With E-book Reader

But similar devices haven't captured the public's imagination

(Newser) - Online retail giant Amazon.com will unveil its highly anticipated electronic-book reader on Monday in New York,  an industry source tells CNET. In the works for more than a year, the Kindle is equipped with a Wi-Fi connection that taps into an Amazon e-book store, which users can access...

Leopard Outpaces Tiger— in Sales to Mac OS X Users

2M copies move in 4 days

(Newser) - Apple has moved 2 million copies of Mac OS X Leopard since the long-awaited operating system dropped Friday. The figure is Apple’s biggest for a new OS, far outpacing the sales of its predecessor Tiger, which took 6 weeks to break the same mark in 2005, AppleInsider reports. Steve...

Amazon Reports Large Increase in 3Q Sales

Despite 313% jump, stock drops in after-hours trading

(Newser) - Amazon reported strong increases in third-quarter sales, citing once again its low pricing and free shipping for success. But investors may have been hoping for an even larger increase, because Amazon's share prices fell over 8% in after-hours trading. The company netted a profit of $80 million for the quarter,...

Afternoon Rally Fades, Revives
Afternoon Rally Fades, Revives
Oct 22, 2007 3:45 PM CDT

Afternoon Rally Fades, Revives

Tech-heavy Nasdaq outperforms other indexes

(Newser) - The markets seesawed today as an afternoon rally faded then revived, led by the tech-heavy Nasdaq. Friday's bloodbath lingered into this morning, but a speech by Fed governor Randall Kroszner raised hopes for a rate cut, reports the Journal. The Dow closed up 44.95 at 13,566.97, the...

Save Money; Buy Used
Save Money; Buy Used
Oct 20, 2007 6:01 PM CDT

Save Money; Buy Used

There's no need to throw away cash on these 10 items you shouldn't buy new

(Newser) - Some things, like lingerie and toothbrushes, are best purchased new. In other cases, used is just as good—and far cheaper. MSN Money gives you the lowdown:
  1. Books
  2. CDs and DVDs
  3. Little kids' toys

Amazon May Lose ‘1-Click’ Patent

Angry customer started campaign; online seller will get re-draft try

(Newser) - Amazon may be one patent poorer after the US Patent Office decimated its claim to the “1-Click” shopping cart emblem yesterday—throwing into question a 1999 infringement settlement with Barnes & Noble. The online orderer will have a chance to re-write its application, Ars Technica reports, but stands to...

Amazon Guarantees Server Rentals
Amazon Guarantees Server Rentals
Oct 10, 2007 12:30 PM CDT

Amazon Guarantees Server Rentals

Internet giant's hosting business will offer 99.9% server uptime

(Newser) - Amazon.com has upgraded its rent-a-server service to a professional standard, guaranteeing 99.9% server up-time with compensation for excess downtime. "People thought for a while (Web Services) was just an experiment for Amazon,” said one IT manager, but with the new guarantee, “people are taking it...

Amazon MP3s Come With a Catch
Amazon MP3s Come With
a Catch
Oct 10, 2007 11:53 AM CDT

Amazon MP3s Come With a Catch

Music is unlocked, but be careful who you loan it to

(Newser) - Amazon's new MP3 store does a lot of things right: lower prices than iTunes, better audio quality and no embedded copyright-protection software. But as the Seattle Times' Brier Dudley warns, the fine print could get you, a real concern following last Thursday's $222,000 illegal distribution ruling against a Minnesota...

Hear Cool Tune, Click, Own It
Hear Cool Tune, Click, Own It
Oct 1, 2007 3:27 PM CDT

Hear Cool Tune, Click, Own It

Starbucks offers instant iTunes downloads for impulse buyers who like what they hear

(Newser) - Ever hear a song in a coffee shop, and reminded yourself to look it up later? Starbucks is taking the “later” out of the equation, allowing latte-sippers in New York, Seattle, and soon other cities, to log on and buy whatever they’re hearing instantly off iTunes. It’s...

Amazon Aims at iTunes With Own Digital Music Store

Low prices, lack of DRM major selling points

(Newser) - Amazon threw down the guantlet to iTunes today when it launched its digital music store, Amazon MP3. Roughly 2 million songs are available for 89-99 cents each, with albums going for $5.99 to $9.99. Not only do those prices beat iTunes's, but all the files are DRM-free. Selection...

Surfers Scour Google Earth for Signs of Aviator

Internet volunteer army pores over photos in Fossett search

(Newser) - An army of web surfers—even the guy in the next cubicle—has joined the search for missing aviator Steve Fossett. Google Earth has released fresh images of the Nevada desert, and surfers can scour chunks of wilderness for aircraft wreckage. One problem: "We're finding them left and right—...

25 Essential Websites
25 Essential Websites
Aug 20, 2007 9:01 AM CDT

25 Essential Websites

Email? Shopping? News? Time picks the destinations you just can't live without

(Newser) - You find a restaurant on Citysearch, buy movie tickets on Fandango, and then go home and Google the guy you shared a cab with. Was there a time before the Internet? Here are the first 10 of Time's 25 can't-live-without websites:
  1. Amazon.com
  2. BBC.co.uk
  3. Citysearch.com

Amazon Stock Soars on Booming Sales
Amazon Stock Soars on Booming Sales
Jul 25, 2007 4:50 AM CDT

Amazon Stock Soars on Booming Sales

Shares jump 21.4% as retailer boosts volume worldwide

(Newser) - Amazon.com shares shot up 21.4% in after-hours trading yesterday following a report that profits more than tripled in the second quarter thanks to booming sales and a new membership program that offers express shipping for a flat fee, reports the Wall Street Journal. The bump boosted the stock...

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