Latest Publicly traded companies Stories

DOJ Alleges Shady Backdoor Dealings In Apple, Publisher Case
2012-04-13 12:20:40

Michael Harper for RedOrbit.com Apple, along with 5 of the nation´s largest publishers have had an antitrust lawsuit filed against them. The US filed the suit on Wednesday, alleging they have conspired to limit competition in the e-book market by adjusting their prices. The outcome of this case could have long-lasting implications for the fast-growing industry of e-book publishing. The Department of Justice (DOJ) is alleging the CEOs of these companies (which include publishers...

Government Suing Apple And Publishers Over E-Book Pricing Conspiracy
2012-04-12 05:03:55

The Department of Justice is suing Apple and major book publishers like Macmillan and HarperCollins over the pricing of e-books. The Justice Department is alleging that Apple worked with publishers to artificially raise e-book prices. "Apple facilitated the publisher defendants' collective effort to end retail price competition by coordinating their transition to an agency model across all retailers," according to the complaint. The companies have denied any wrongdoing and plan to...

Amazon Now Accepting In-App Payments
2012-04-11 05:53:58

Amazon announced on Tuesday that it will begin accepting in-app payments from its online marketplace. The move is similar to those taken by Google and Apple to generate more revenue by offering in-app updates and upgrades for purchase. Amazon said that it will be taking 30 percent from every in-app purchase made on apps downloaded through the marketplace. “We´re just following the paradigm that´s out there with the 70-30 split,” Amazon App Store´s director...

2012-03-20 23:01:29

David A. Knight tabbed to help launch new Cloud Commerce revenue streams for media companies looking to expand their digital offerings. Tampa, FL (PRWEB) March 20, 2012 Savtira Corporation, a Software-as-a-Service (SaaS) Cloud Commerce solutions company dedicated to converging all commerce platforms and supporting them on all devices, today announced that David A. Knight, former executive director for digital media sales for the New York Times Company´s regional media group, has joined...

Regulators Bring Price-Fixing Suit Against Apple And E-Book Publishers
2012-03-08 13:47:10

The U.S. Justice Department has reportedly accused Apple and five large American publishers of colluding to raise the price of e-books. According to a Thursday article in the Wall Street Journal, the Justice Department will file an anti-trust lawsuit against the publishing companies, though insiders say a settlement will likely be reached before the case is taken to court. The Journal cited several sources close the matter as saying that the involved parties are already in negotiations...

Kindle Fire And iPhone 4S Are Largest Threats To iPad Sales
2012-02-17 09:25:27

By rolling out the Kindle Fire just before the holiday shopping season last year, Amazon may have set itself up as the first serious competition against Apple in the mobile tablet market. The Fire was priced to undercut the iPad and designed to appeal to fans of e-readers who wanted some limited browser and gaming capability. So it appears that Amazon has found a niche selling half the tablet for half the price, found fans for its next generation reader and swiped some market share from...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.