Shelly Palmer Radio Report – May 20, 2011

[wpaudio url=”″ text=”Click to play … ” dl=”0″] 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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit



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