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.

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.

Former MySpace and NFL Digital Exec Jeff Berman Tapped as President of Hollywood’s BermanBraun

Is content poised to take off online?

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.


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.

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?