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Air America Ceases Radio Broadcasts, Will Declare Bankruptcy

New York - Liberal talk-radio network Air America unceremoniously announced on Thursday that it would cease broadcasting immediately and file for bankruptcy. "It is with the greatest regret,...

Report: U.S. E-book Reader Market to Hit $2.5 Billion in 2013

Boston - The U.S. e-book reader market is set to generate $1.3 billion in revenue in 2010, growing to $2.5 billion by 2013, according to a...

Amazon to Let Developers Create Apps for the Kindle

Seattle - Amazon.com (NASD: AMZN) on Thursday announced that it will release a software development kit to allow third-party developers to create applications for its Kindle e-book reader...

Report: Facebook Ditching Microsoft for Display Ads

New York - Facebook has ceased using Microsoft's (NASD:  MSFT) services to sell display advertising in some international markets, and may do the same in the...

Report: Manchester United Bans Players from Social Media Sites

London - Professional soccer club Manchester United, a team within the English Premier League, has imposed a ban on social networking sites like Facebook and Twitter...

Verizon

New York Times Website to Debut "Metered" Pay Model in 2011

New York - The New York Times (NYSE:  NYT) announced on Wednesday that it will introduce a "metered" paid model for access to its website at...

Amazon Offers Authors 70% Royalty on Kindle Books

Seattle - In a bid to strengthen its relationship with digital publishers, Amazon.com (NASD: AMZN) announced on Wednesday that it begin offering authors and publishers who adhere...