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Is Kindle Fever pulp fiction?

The mighty Economist has produced an editorial forecasting the death of the book following Amazon’s launch of its ebook reader, labelled Kindle.

It seems that Kindle Fever is in full swing, yet the mass consumer adoption of ebook readers seems thoroughly unfeasible in the short term, and I’m not convinced it is a likely scenario in the long term either.

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Web fails to cheer US newspapers

Ad revenues for US newspaper websites grew 21.1% in Q2, according to new stats that will give Rupert Murdoch some more ammunition in his bid to make the Wall Street Journal offer its online content for free.

The data, from the Newspaper Association of America (NAA), shows ad spending on newspaper publishers’ online properties jumped 21.1% year-on-year in Q3 to $773m.

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Interview: Lovefilm’s William Reeve

William Reeve Lovefilm founder and COO William Reeve tells us why he wouldn’t recommend the company’s movie downloading service to his friends.

He explains how the DVD rental company got through last month’s postal strikes and why it’s not the right time for its highly popular service to go mobile.

And he gives us a few thoughts on the subject of Hackathons, having recently brought over the brainstorming concept from the US.

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Website-less AIM firms face punishment

Several AIM-listed companies reportedly face sanction because they haven't yet developed an adequate web presence.

According to The Business, firms listed on the junior exchange were given a deadline to set up a basic website containing information on board meetings, results etc.

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Rightmove revamps site as competition increases

Property website Rightmove has unveiled a revamped version of its site, with a new look and feel as well as improved navigation.

rightmove.co.uk - new homepage

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Google extends video ad network to UK

Google has extended its recently-launched video ad network to the UK in a further attempt to monetise content from YouTube.

The online ad giant says the service is now being offered to its Adsense partners in the UK, Ireland and Canada – enabling them to display ad-supported clips on their sites.

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Calacanis seeks another $20m for Mahalo

Having already raised $20m in funding for his human powered search engine, Jason Calacanis is seeking a further $20m.

The serial entrepreneur is valuing Mahalo at a rather whopping / ambitious / ridiculous $175m, according to Matt Marshall at Venturebeat, meaning that the search engine is worth another $75m more than it was when it launched back in May this year. Astonishing...

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NYT traffic boosted by new model

The New York Times' decision to drop its outdated subscription model appears to have paid off, with visitor numbers increasing by almost 3m in October.

Figures from Nielsen/NetRatings, quoted in WebProNews, show that the newspaper's online audience grew from 14.6m in September to 17.5m last month.

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Yahoo! Europe properties 'face axe'

Yahoo!'s European staff have been given a deadline to turn around parts of the business that have been performing badly.

Toby Coppel, the head of Yahoo!'s European operations, told the FT that some of the firm's regional properties may be sold off if there is no improvement in their figures by Q1 2008.

Services coming under scrutiny include shopping comparison site Kelkoo, the paper added.

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PayPal targets new sites via virtual payments

PayPal is reportedly set to launch a virtual payment system to extend its reach onto sites that don’t currently run its software.

Called PayPal Secure Card, the browser plug-in can detect when a shopper lands on an etailer’s checkout page and automatically fills in their stored financial details to save them time.

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Employees criticised for Xmas shopping from work

A new survey has estimated that UK companies stand to lose a total of 28.7m man hours over the Christmas period due to staff doing their shopping online.

The survey, by YouGov for a software security firm (reported in Computer Weekly), decides that the 45% of workers that admit to shopping from work will spend an average of 22 minutes a week doing so. 

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Trust in online shopping improving - study

New research suggests that trust in online retail is improving, though 24% of shoppers still have concerns over the issue. 

According to the IMRG’s E-Customer Service Index, confidence in e-commerce security has risen 2% over the past three months to 76%.

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