Shelly Palmer

Shelly Palmer Radio Report – May 16, 2011

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Sony is slowly restarting the PlayStation Network and aims to have the entire network up by the end of the month. All users must download a security patch and choose a new password. Sony is taking the security breach seriously and offering customers up to $1 million in identity theft insurance. In other news, Amazon released a cheaper ad-supported version of the Kindle over a month ago and it’s already the site’s bestseller. At $114 the “special offers” Kindle provides valuable coupons for downloadable content. The sales suggest that customers are willing to deal with relevant ads for a slight discount. And finally, have you ever downloaded a song with the program LimeWire? The peer-to-peer file-sharing service was forced to settle a lawsuit, owing $105 million to record companies. LimeWire is still running and reminds customers not to upload or download copyrighted material. That should stop it.