Shelly Palmer Radio Report – May 20, 2011

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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.

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).