Amazon Fights Apple…By Improving the iPad

Many people expect Jeff Bezos to combat the iPad by reinventing the Kindle, adding color and other features. Here’s a step: Kindle titles that feature audio and video clips–if you read them on the iPad via Amazon’s Kindle app.

The Washington Way: They Pull a Snowball, You Pull a Gun

“Don’t bring a gun to a snowball fight.” Indeed. But perhaps “Don’t pull a gun at a snowball fight when everyone there is tweeting it or taping it for their Facebook page.”

Taxiing Advertising in China

Shanghai taxis transport 90 million riders per month. Passengers sit in traffic an average of 18 minutes. Shanghai-based advertising company Touchmedia says those are the ingredients that have helped it raise around $40 million from investors, including a just-completed funding round over $14.6 million in the midst of the young Chinese venture capital industry’s toughest period yet.