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    Posts Tagged ‘economy’

    Could Amazon’s Kindle Help Save The New York Times?

    Monday, May 18th, 2009

    There has been a lot of debate about how and if the internet is killing the New York Times and the newspaper industry in general. Google has been close to the center of the blame–by absorbing millions of advertising dollars while distributing content from the news industry in general. Others may blame the emergence of blogs and blog technology on the internet, which may have pushed some readership away from the larger publishers.

    Silicon Valley has been looking for solutions to help prop up the newspaper industry–as they are the spearheads of investigative journalism–a form of checks and balances for politics and business corruption.

    The Kindle, Amazon’s electronic reader (a software and hardware platform for reading electronic books), may be one of many solutions that could help the industry. Amazon has been partnering with the New York Times to lower the cost of Kindle when purchased alongside a long-term NY Times subscription.

    Obsessable.com went so far as to say that the Times should give away a free Kindle to all its subscribed readers, since it would reduce production and delivery costs overall–and outweigh the cost of the Kindle. The idea proposed by obsessable.com would only work for subscribers who have memberships longer than two years, and it would have to replace their paper delivery.

    Virgin Announes Flat 49.99 Mobile Plan, Shares Rise 17%

    Friday, April 10th, 2009

    With the current rise in unemployed and a growing economic terror, companies are trying to find new ways to stay afloat or in a few cases thrive. Virgin Mobile just announced a flat 49.99 mobile rate and it’s share price in turn rose 17% or 26 cents. Another action the mobile company has taken was to give those who have become recently unemployed breaks on their phone bills during the economic hardship.

    Virgin Mobile currently has 5 million subscribers worldwide.