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Amazon introduces two Kindle Fire HD tablets, and a new e-reader

After a series of rumours and leaks, Jeff Bezos of Amazon has finally pulled the curtain off a new set of Kindle Fire tablets, dubbed the Kindle Fire HD and a new                                                                           set of e-readers called Kindle Paperwhite. The Kindle Fire HD is an expected upgrade to the already popular Kindle Fire tablet that was released in 2011. There are three variants of the Kindle Fire, one that measures 7 inches and the other two with 8.9 inches of viewable real-estate. The 7-inch Kindle Fire HD features a 1280x800 pixel resolution, putting it in the same ball park as the Google Nexus 7. The display features polarizing filters and anti-glare surface for better readability, even under direct sunlight. There’s even a slight bump in the ...

Amazon launches India Kindle Store

Amazon has taken a step towards providing a broader selection of its services in India, with the launch of the India Kindle Store on Amazon.com, found at amazon.com/kindlestoreindia. Users will get access to wide selection of e-books, including Indian authors, and exclusive works, priced in Indian Rupees. Another major step is that the popular Amazon Kindlee-book reader will now be available via Croma retail stores. For now, it looks like only the  6-inch Kindle E-Reader Wi-Fi  will be available, at Rs. 6,999. Customers can also purchase Kindle, Kindle Touch e-book readers and Kindle Touch 3G tablet from Amazon.com, with shipment to India. Independent Indian authors and publishers will be glad to know that Amazon also launched Kindle Direct Publishing (KDP), giving them a fast, free and easy way to make their books available to Kindle customers in India and around the world on both Kindle devices and free Kindle reading apps. With KDP, authors and pu...

Apple beats Microsoft's market cap record, becomes largest U.S. company

With its closing stock market value on Monday, Apple Inc. has become the biggest U.S. company, at $623.52 billion, taking away the crown held by Microsoft Corp. since its December 1999 market valuation at $616.34 billion – that's of course, not taking into account inflation. Apple Inc.'s share price closed at $665.15 on Monday, and according to analysts quoted by WSJ, the company would command a $1,000 share price by the end of the year. Experts estimate that prices would need to be greater than $900 to surpass Microsoft’s 1999 record, after inflation. $1 in 1999 is worth around $1.38 in 2012, making Microsoft's 1999 valuation roughly $856 billion in constant dollars. Also, as pointed out by TechCrunch, after adjusting for inflation, the  biggest U.S. company of all time is IBM, whose record-breaking $192.3 billion market valuation in 1967 is now roughly equal to $1.3 trillion ($1 in 1967 is worth $6.85 in 2012). Currently however, both previous record holders,...

E-books overtake traditional paperbacks in the UK

Days of hardbound and paperback could soon end as e-books take over! With growing popularity of virtual books which can be downloaded on book reading devices, the real paper books have taken a back seat, the 'Daily Mail' reported. The online retailer 'Amazon' which started selling downloadable books in the UK in August 2010, has sold 114 internet book downloads for every 100 print books this year. Amazon's eReader devices, the Kindle range, have been a huge seller in Britain despite the fact consumers pay up to 70 per cent more than those in the USA. "We hit this milestone in the United States less than four years after introducing Kindle, so to reach this landmark after just two years in the UK is remarkable and shows how quickly UK readers are embracing Kindle," vice president of Kindle EU Jorrit Van der Meulen was quoted as saying. "As a result of the success of Kindle, we're selling more books than ever before on behalf of ...