LEADING THE DAY: The first reviews of the Amazon Kindle Fire are out, and things are looking good for the online mega-retailer. The $199 tablet, aimed at disrupting the tablet market and locking customers into Amazon’s digital storefronts, has been getting solid marks from tech bloggers and reviewers around the Web.
The company is betting big on the tablet and on its Amazon Prime service, the Wall Street Journal reported, adding more titles and features to its $79 per year service, which provides discounts on shipping, on-demand movie and a lending library for Kindle owners in a bid to take on Apple’s iTunes and App stores.
Jobs and regulation: Economists say that government regulations have a minimal impact on jobs, The Washington Post reported despite arguments that adding or eliminating regulations plays a major role in the jobs market. Regulations from the Environmental Protection Agency, for example, have eliminated jobs in coal factories, but added jobs at natural gas plants. All eyes are on these kinds of impacts as politicians make a point of saying when regulations are “job-killing” or “job-creating.”
“This kind of sustained attention to jobs impact is new,” Cass Sunstein, the White House’s regulatory chief, told The Post. “I think it is very important to make sure regulations are compatible with our economic goals. But the idea of brandishing ‘job-killing regulations’ as a near-epithet is probably less nuanced than is ideal.”
NetCoalition stepping up efforts: NetCoalition, a group that represents several Web companies such as Google, Yahoo, Facebook, Amazon and eBay, is looking to beef up its efforts in Washington and is seeking a full-time executive director, according to a person familiar with the group’s plans. The group, which has been involved in the fight against the Protect IP Act, is trying to grow from its current role as a loose coalition into more of a trade association.
Markham C. Erickson, a founding partner of Holch & Erickson LLP, has been running the group on a part-time basis.
The battle over the Protect IP Act will get a lot of attention this week as the House Judiciary Committee takes up the Stop Online Piracy Act, a companion bill to the bill the Senate passed earlier this year.
Young workers flocking to tech jobs: Young workers have replaced high-profile investment banks with tech companies such as Google, Apple and Facebook on the lists of companies they most want to work for, the Wall Street Journal reported Saturday. According to a survey conducted by Universum, one in five young workers — defined as college graduates under the age of 40 — picked Google as the most desirable place to work. Known as a company that nurtures talent and provides a good transition into the working world, this is the second year that Google has earned a first-place spot in the survey.
Apple replacing 1st-gen Nanos: Apple is replacing first generation iPod Nanos — a model the company hasn’t produced in about five years — because of problems with an overheating battery.
“While the possibility of an incident is rare, the likelihood increases as the battery ages,” the company told customers who had bought the devices in an e-mail. The company recommended that users stop using the product immediately, providing a link to the replacement program.
Netflix signs deal with Lionsgate U.K.: Netflix has signed a deal with Lionsgate U.K., starting for 2012, the companies announced in a press release. The deal expands Netflix’s overseas offerings by allowing U.K. and Irish customers to see first-run feature films from the studio within one year of their theatrical release.