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Wednesday, Sep 28

Newsfeed Update: 09.28.11

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AmazonKindleFire100x100Amazon Fires $199, Seven-Inch Tablet At Apple (TechCrunch)
Amazon's not-so-secret project is finally unveiled, and it is the company's first real tablet contender. The Kindle Fire is Amazon's prizefighter in the battle for tablet dominance. But the new LCD-equipped Kindle isn't in the corner alone. Amazon also took the wraps off of two new, more-traditional Kindles, including a $99 touch-screen model and a stripped-down $79 option. Business Insider / Silicon Alley Insider: The Fire will have no camera or microphone, unlike its competitors, but it will have a speedy dual-core processor. The Fire will come with a 30-day free trial of Amazon's Prime subscription service, which provides access to thousands of streaming videos and movies. AllThingsD: While most of the attention surrounding Amazon's Kindle Fire is around its feature set, it will also be interesting to see if the device raises any patent issues.

Reuters To Dissolve Professional, Markets Units In Further Reorganization (paidContent)
Two months after a reorg that led to the ouster of several top executives at its troubled markets division, Thomson Reuters says it is disbanding it along with the professional unit. Instead, it will establish what appears to be a more collaborative set of units next year.

Huey Praises Time Inc. 'Junta' (Adweek)
At Time Inc.'s quarterly management meeting Sept. 27, John Huey, the company's powerful editor-in-chief, referred to the corporate upheaval of the past year, which saw CEO Jack Griffin ousted after less than six months on the job. Huey, along with chief financial officer Howard Averill and general counsel Maurice Edelson, has been running the company while Time Warner searches for a new CEO of its magazine unit. Huey was said to have received big laughs when he referred to the trio as the "junta."

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