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Smashing Pumpkins Sue Virgin Over Pepsi Ads

Pepsi Stuff promotion violated contract, undermines artistic integrity: rockers

(Newser) - The Smashing Pumpkins are suing Virgin Records, claiming the company illegally used the band's name and music in ads for Pepsi and Amazon.com, the Guardian reports. The rockers' contract does not allow using the band in promotional campaigns such as the Pepsi Stuff ads, and members would “never...

Gibson Sues Over Guitar Hero
 Gibson Sues Over Guitar Hero 

Gibson Sues Over Guitar Hero

It wants retailers to stop selling game, claims patent infringement

(Newser) - Gibson Guitar has sued Guitar Hero retailers, saying the Activision video games infringe on a patent it holds for a virtual-reality concert. The federal suit seeks to stop Wal-Mart, Target, Kmart, Amazon, GameStop, and Toys "R" Us from selling the games, reports AP. But Activision is fighting back—earlier...

Vista Update Expected Today
 Vista Update Expected Today 

Vista Update Expected Today

Amazon says first service pack for OS will be ready for download

(Newser) - The long-awaited first service pack for Microsoft Vista will be available online starting today, at least according to Amazon, which is taking orders for boxed copies of the upgrade pack and says it will start shipping them tomorrow. Many of the pack's updates and security fixes have already been sent...

Amazon 'S3' Server Offline for Hours

Friday outage leaves businesses in the dark with customers

(Newser) - Part of Amazon.com’s 2-year-old Simple Storage Service went down for several hours Friday, leaving some customers in the dark and unable to access their own files, reports PC World. The pay-as-you-go “S3” service is used by companies to run websites and warehouse large amounts of data. The...

Dow Falls as Nasdaq Posts Gains
Dow Falls as Nasdaq Posts Gains
MARKETS

Dow Falls as Nasdaq Posts Gains

Wholesale inventories, financials struggle, but tech holds its ground

(Newser) - Stocks showed mixed results today, as the Dow rallied and then teetered to a loss off lingering fears of recession. Meanwhile, the Nasdaq posted moderate gains buoyed by strong showings by Amazon, Google, Apple, and Research in Motion, Marketwatch reports. The Nasdaq gained 11.82 to end at 2,304....

Scientists ID Catastrophic Climate Change 'Tipping Zones'

9 danger signs that disaster is inevitable

(Newser) - Scientists have identified nine danger zones where global warming could be pushed past the point of no return within years, the Independent reports. The scenarios include the melting of ice in the Arctic and Antarctic, the collapse of the Indian and West African monsoons, and the death of forests in...

Bonds Confidence Boosts Stocks
Bonds Confidence Boosts Stocks
MARKETS

Bonds Confidence Boosts Stocks

Insurer MBIA says its rating will be just fine

(Newser) - Markets were up sharply today on calming words from bond insurer MBIA, with the Dow closing at 12,650.36, up 207.53. The company said its triple-A rating was not vulnerable and that it was solvent enough to weather the mortgage crisis, MarketWatch reports. The Nasdaq gained 40.86...

Amazon Gets Late Christmas Present
Amazon Gets Late Christmas Present

Amazon Gets Late Christmas Present

Holiday shopping doubles retailer's quarterly income

(Newser) - Amazon's net income more than doubled in the fourth quarter, in part because of the retailer's sales gimmicks for the holidays, reports the Wall Street Journal. In addition, Amazon released a cheerier than expected forecast for this year's first quarter. The good news could help soothe Wall Street's nervousness over...

Do New eBay Rules Sell Out Sellers?
Do New eBay Rules Sell
Out Sellers?

Do New eBay Rules Sell Out Sellers?

Changes are meant to reward big auctioneers, but may hurt others

(Newser) - Newly announced changes to eBay sellers’ fees do not always benefit auctioneers—and the backlash among them has already begun. “This is clearly not a straight fee decrease,” says the editor of AuctionBytes. Indeed, in some cases, sellers wind up paying as much s 33% more.

eBay Slashes Listing Fee in Half
eBay Slashes Listing Fee in Half

eBay Slashes Listing Fee in Half

Company hopes to drive growth with new policies

(Newser) - eBay is chopping its listing fee in half and will take a bigger chunk out of the price of sold items, a change that should lower risk for sellers and encourage more listing, the AP reports. The online auction giant is also changing the way its search results work, the...

Despite Laws, Amazon Jungle Disappearing

Even president's tough new measures may not halt rapid deforestation

(Newser) - The deforestation of the Amazon jungle is speeding up, and Brazil may be unable to stop it, Time magazine reports. Over the last five months an estimated 2,700 square miles of forest have been cleared—more than twice the size of Rhode Island. President Luiz Inacio Lula da Silva...

eBay Names CEO From Its Own Ranks
eBay Names CEO From Its Own Ranks

eBay Names CEO From Its Own Ranks

Donahoe set to take over as auction site predicts weak growth

(Newser) - EBay today named John Donahoe to replace Meg Whitman, who will retire in March, as CEO, the Wall Street Journal reports. Donahoe’s ascension from president of the firm's auction business comes as the company is attempting to transform that aspect of its operations, which provides two-thirds of eBay’s...

Amazon Holiday Traffic Winner
Amazon Holiday Traffic Winner

Amazon Holiday Traffic Winner

Dethrones eBay in pageviews for first time

(Newser) - Nielsen Online has declared Amazon the pageview winner for the holiday season, reports the New York Times. Amazon had 59,624,000 views to eBay’s 59,374,000, a slim margin, but a big turnaround on previous years. Brad Stone cites consumer concerns over fraud and counterfeit as possible...

Amazon Will Sell Sony BMG Music Sans Copyright Curbs

Fourth major label to join up

(Newser) - Amazon will sell songs from Sony BMG free of digital rights management, making it the first online music store to offer tunes without copyright enforcement mechanisms from all four of the major labels. Many consumers have long opposed the use of DRM because of its potential to hinder playback on...

No Real Estate Meltdown Here
No Real Estate Meltdown Here

No Real Estate Meltdown Here

Amazon's move will bring another big name to Seattle's booming South Lake Union

(Newser) - For the first time since the company's founding, Amazon's administrative employees will reside in one ZIP code, the New York Times reports. But the planned 2010 move from scattered offices to a single Seattle location will hardly make it the first big name in Paul Allen-directed South Lake Union: The...

New Web Trend Sparks David vs. Goliath 2.0

Web giants mobilize to stop developers from 'scraping' their content

(Newser) - Some call it “scraping,” others call it “importing.” Either way, it’s a controversial process pitting independent software developers against the titans of the cyber world: Techies compile, or scrape, loads of data from search engines and social networking sites and pool the data on their...

E-Commerce All Grown Up, Sales Growth Finally Slows

Internet sales set new records, but rise more slowly than last year

(Newser) - Online sales continued to out-pace traditional retailers this season, boasting a 19% spike, but fell compared to 25-30% growth rates in past seasons, the New York Times reports. While e-tailers beat the scrawny 3.6% sales growth of traditional stores, experts attribute the slowdown to the maturing of online shopping.

Amazon Gets Funky With Warner Music
Amazon Gets Funky With Warner Music

Amazon Gets Funky With Warner Music

DRM-free iTunes competitor continues to attract big labels

(Newser) - Amazon’s burgeoning mp3 service landed another big fish today, adding Warner Music’s catalog to its online store. The Amazon shop aims to compete with Apple’s iTunes, selling songs for 89 cents as opposed to Apple’s 99 cents and without digital rights management software that makes sharing...

Vista Tops Tech Disappointment List
Vista Tops Tech Disappointment List

Vista Tops Tech Disappointment List

(Newser) - When PC World decided to whip up a list of 2007's most disappointing tech, was there really any doubt what would headline the list? Vista wasn't awful, but neither was it, you know, good. Here's how the list broke down:
  1. Vista
  2. The Hi-Def Format War
  3. Facebook Beacon
  4. Yahoo
  5. Apple's iPhone
...

Amazon Unveiled as $4M Buyer of Rowling Fairy Tales

Proceeds from the handwritten book will go to charity

(Newser) - The Internet giant of book sales revealed today that it was behind the purchase of "The Tales of Beedle the Bard" in auction yesterday. Amazon paid $3.98 million for the handwritten manuscript -- a record for a children's book and for any modern literary manuscript, not to mention...

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