COMPANIES

Amazon Kindle Sales Top 1 Million a Week for Last Three Weeks

Kindle Fire
The Seattle-based online retailer announced Thursday that customers have been purchasing Kindle products at the rate of more than one million a week for the past three weeks, with its Kindle Fire the best selling product on its Web site since the product was released in late September.
More news
Google Inc.

Facebook, Google and Apple among Top 10 Places to Work: Survey

Glassdoor, a jobs and career community where employees can anonymously rate companies and chief executive officers, has released its fourth annual Employees' Choice Awards, which lists the 50 best places to work, based on surveys collected from U.S. employees through 2011.
A promotional woman shows a Sony's PlayStation Vita handheld gaming device at Tokyo Game Show in Chiba

Sony Hopes for Vita Cheer, Feels Fitch Heat

Into just his fourth month as head of Sony's videogames unit, Welshman Andrew House has to plot a much-needed success story for the new PlayStation Vita handheld games device, negotiating a minefield of consumer gloom and competition from smartphones and tablet PCs such as Apple Inc's iPhone and iPad.
Olympus CEO Michael Woodford

Olympus Ex-CEO Attacks Japanese Shareholders

The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated.
Sony's PlayStation 3

Sony Stands by PS3 Sales Target for 2011/12

Sony Corp said it was keeping to its target to sell 15 million PlayStation 3 game machines in the year to end-March, even as a long-running debt crisis grips Europe, one of the Japanese electronics group's most important markets.
Nokia Lumia 710

Nokia Lumia 710 to be Available in U.S. for $49

Nokia is back with a bang in the smartphone market. The Finnish cellphone manufacturer and T-Mobile announced Wednesday that the Lumia 710 will be retailed at $49.99 on a two-year contract, starting Jan. 11.
Olympus Corp President Takayama speaks at a news conference in Tokyo

Olympus Open to Rehiring Woodford, but Skepticism Reigns

Japan's disgraced Olympus Corp said Thursday it would consider reinstating its sacked CEO, Michael Woodford, but the gesture failed to erase doubts that it would ever rehire the foreigner who blew the whistle on its crooked accounts.
Co-founders of Snap Interactive Darrell Lerner (left) and Cliff Lerner (right)

Snap Interactive's Facebook Gamble Pays Off

Fifty-five-million and counting. That's the number of people looking for love, and they're doing so through Are You Interested?, the second-most popular Facebook app, made by the development team at Snap Interactive. Are You Interested? has been one of the most popular apps on Facebook Platform since 2007, when Facebook first released their application platform to developers, and the dating service is showing no signs of slowing down anytime soon.
Contaminated Water

Colorado Adopts Fracking Disclosure Law

Starting April 1, oil and gas companies in Colorado will be required to disclose the chemicals they use when hydraulically fracturing rock formations in the state, joining the ranks of Texas who earlier this year passed a similar disclosure law.
Adhesive notes show face of Apple co-founder and former CEO Jobs on window of apple store in Munich

Graphic book reimagines key time in Steve Jobs' life

Another new book about late Apple co-founder Steve Jobs is hitting bookshelves next month, this one a graphic narrative exploring the innovator's spiritual development, the publishers announced on Wednesday.
E*Trade advisory center

Pros Move Against Mom-and-Pop Investors in December: Report

Two reports released today show two groups, retail investors and professional asset managers, have been moving in markedly different directions in the past two weeks. The armchair stock pickers are getting out of U.S. equities while the pros are claiming they are dumping more cash into the American stock market.
Bottles of Coca-Cola, which will be delivered to stores, are seen in a warehouse at the Swire Coca-Cola facility in Draper, Utah

Coca-Cola buying stake in Saudi drink company

Coca-Cola Co (KO.N) is buying a stake in Saudi Arabia-based beverage company Aujan Industries for $980 million in what is seen as a bid to catch up with rival PepsiCo Inc (PEP.N) in the Middle East.
Enbridge President and CEO Patrick D. Daniel smiles before AGM in Toronto

Canada energy regulator lax on pipelines: watchdog

Canada's energy regulator has failed to make adequate checks to ensure pipeline operators fix safety problems uncovered at their facilities and keep emergency procedures up to date, the country's Commissioner of the Environment and Sustainable Development said on Tuesday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.