News Byte

Amazon to Let Independent Bookstores Sell Kindles and Gives Them a Cut of E-Book Sales

Amazon, which has been blamed in part for the decline of independent bookstores, said it has a new program called Amazon Source to allow them and other retailers to resell Kindle devices and accessories, and also give them 10 percent on every e-book bought on them for two years. “With Amazon Source, customers don’t have to choose between e-books and their favorite neighborhood bookstore — they can have both,” said Amazon Kindle VP Russ Grandinetti in a statement.

Bahat to Head $75 Million Bloomberg Beta Tech Fund

The newly minted VC is charged with investing in and also creating early-stage startups for the media and financial news giant.
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With Pulse Following Zite’s Lead, Mark Johnson Talks About News Reading App Landscape

As these popular apps get snapped up, here’s what’s ahead.
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Former MySpace and NFL Digital Exec Jeff Berman Tapped as President of Hollywood’s BermanBraun

Is content poised to take off online?
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Gaming the Clouds: Here Are the D Demos of Otoy (Still Standing) and OnLive (Who Knows?)

Please enjoy a look-see at some cloud gaming.
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Voices

Twitter Apologizes for Mishandling Journalist’s Suspended Account

Twitter Inc. on Tuesday apologized for mistakes it said it made in handling the account of Guy Adams, a journalist for the U.K’s Independent newspaper, who was kicked off the short-messaging service for publishing the email of an executive from Comcast Corp.’s NBCUniversal.

Exclusive: Yahoo Board Hires Spencer Stuart for CEO Search

Hoo boy! More Yahoo mishegas!
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Former CEO Thompson Might Be Gone, But Internal Investigation Into ResuMess Still a Hot Potato at Yahoo

The mystery of the botched bio lingers on.
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Is He In or Is He Out? Crunchtime for Scott Thompson at Yahoo.

Waiting for a verdict in trial of ResuMess.
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Not So Scott Free? Yahoo’s Other Big Shareholder — Cap Re — Leaning Toward Supporting Loeb Over Thompson ResuMess.

Is the tenure of Yahoo CEO Scott Thompson — who is now big with the excuses — in trouble if other shareholders start to bolt?
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