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14 Apr 2009 10:27

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Biz, U.S.: Regarding that whole good economic news thing: Hold your horses

  • -0.3% fall in retail sales in March after a good February source

13 Apr 2009 23:58

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Biz, Tech: YouTube is a giant sinkhole for money

  • $470 million in anticipated losses in ’09. Whoa. source

13 Apr 2009 22:53

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Biz, Tech: Life Magazine resurrected … as a photo-centric news site

Much credit to the designers of this site, because they appear to have nailed the execution flawlessly. source

13 Apr 2009 22:44

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Biz: Amazon is really, really, really, really, really, really, really sorry

  • This problem impacted books not just in the United States but globally. It affected not just sales rank but also had the effect of removing the books from Amazon’s main product search.
  • Andrew Herdener • An Amazon spokesperson on what he calls a “ham-fisted” cataloging error which blocked a bunch of gay-themed books from the main search and pissed off Twitter. In case you didn’t see the headline, Amazon is really, really, really, really, really, really, really, really, sorry. Really. • source

13 Apr 2009 18:37

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Biz: Someone’s making money. Might as well be Goldman Sachs.

  • $1.66 billion in 1Q profits for the investment company source

13 Apr 2009 02:07

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Biz, Tech: Amazon: A glitch caused gay book-blocking. Twitter: #glitchmyass

  • There was a glitch with our sales rank feature that is in the process of being fixed. We’re working to correct the problem as quickly as possible.
  • Patty Smith • Amazon Director of Corporate Communications, on the reason books were being marked “adult” in the search results. She would not go further into why gay-themed books appeared to be getting pulled more than other books. Currently trending on Twitter are the hashtags #AmazonFail and #glitchmyass, which might hint as to how users may feel about the company’s honesty right now. • source

12 Apr 2009 21:22

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Biz, Sports: One lucky Mets fan and Bernard Madoff hater got his eBay wish

 

12 Apr 2009 20:42

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Biz, Politics: Amazon apparently doesn’t like gay people anymore

  • Author Mark R. Probst noticed recently that the sales rankings for his gay-themed novel plummeted on Amazon. source
  • He inquired with Amazon’s staff, and learned from a rep that they had deemed his book (and books like it) “adult material.” source
  • He wasn’t alone; other “adult” books include “Brokeback Mountain,” which became an Oscar-winning flick. source
  • So now the Internet is in an uproar/frenzy, and the mainstream press seems slow to respond. WTF, guys? source

12 Apr 2009 11:09

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Biz, Tech: Apple fans, have no fear: Steve Jobs still runs the Apple roost.

  • At least that’s what the Wall Street Journal says. Jobs, who took a medical leave in January (which immediately sent their stock tumbling initially), is apparently still running key parts of the company from home, even if he’s not so heavily focused on the day-to-day operations at the moment. He’s still on target for coming back in June, either way. source

11 Apr 2009 18:27

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Biz, U.S.: The feds are shuttering small banks left and right

  • 23 have closed this year, two on Friday alone (in Co. and N.C.) source