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Amazon.com recently announced that Kindle e-books are finally outselling the printed editions. For every 100 paper books sold, Amazon sells 105 e-books, even when excluding those given away for free. While Amazon hasn’t released exact sales numbers, it has sold three times the amount of Kindle books since last year. In other news, LinkedIn recently launched its Initial Public Offering with shares reaching as high as $122. The company has a valuation near $8 billion and is the largest Internet I.P.O. since Google. The popularity of LinkedIn’s IPO is good news for privately traded tech companies looking to go public. And finally, Verizon will no longer offer its flat-rate unlimited data plan starting this summer. Instead, the company will move to tiered pricing that costs more if you are a heavy data user. Verizon hopes to offer data family plans that would finally cover data use on multiple devices.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.