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.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications, co-founder of Metacademy, and the 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 CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.

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