An outage at one of Amazon's web service centers hit users of Netflix Inc's streaming video service on Christmas Eve and was not fully resolved until Christmas Day, a spokesman for the movie rental company said on Tuesday.The outage impacted Netflix subscribers across Canada, Latin America and the United States, and affected various devices that enable users to stream movies and television shows from...
Number of e-book readers increasing in United States: survey
Labels: technologyThe popularity of electronic books is increasing in the United States, with nearly one-quarter of American bibliophiles reading e-books, according to a survey released on Thursday.The number of e-readers aged 16 years and older jumped from 16 percent in 2011 to 23 percent this year, while print readers fell from 72 to 67 percent in 2012, in a survey conducted by the Pew Research Center."The move toward...
Analysis: Amazon's Christmas faux pas shows risks in the cloud
Labels: technology A Christmas Eve glitch traced to Amazon.com Inc that shuttered Netflix for users from Canada to South America highlights the risks that companies take when they move their datacenter operations to the cloud.While the high-profile failure - at least the third this year - may cause some Amazon Web Services customers to consider alternatives, it is unlikely to severely hurt a fast-growing business...
Amazon most satisfying website to shop: survey
Labels: technology Amazon.com Inc remained the best website for shopping online while JC Penney Co Inc suffered the largest drop in customer satisfaction of any major online retailer this holiday season, according to a survey released on Thursday.Flash sale sites Gilt.com and RueLaLa.com were among the worst performers in online shopping satisfaction this season, according to ForeSee's Holiday E-Retail Satisfaction...
Original Samsung Galaxy Note Getting Jelly Bean Update
Labels: technologyIf you bought one of the original Samsung Galaxy Note smartphones and have been kicking yourself for not waiting for the Galaxy Note II and all its Jelly Bean-powered features, you can stop feeling bad. The first Note will be getting Jelly Bean very soon.Samsung posted details about the Note's Premium Suite update on the product website. Enabled by an upgrade to Android 4.1 "Jelly Bean," the feature...
Dec
26
He's not running, but Italy's Monti has a plan
Labels: BusinessFor someone not running for political office, Premier Mario Monti has an awfully detailed plan for how to fix Italy's financial woes and bring the country and the rest of Europe back to economic health. And by Monday, not only had centrist leaders who want him as premier endorsed it, but so did the head of the Catholic Church in Italy.Monti issued a 25-page agenda to "Change Italy, Reform Europe"...
S&P cuts Egypt rating on political strife
Labels: Business Standard & Poors' cut Egypt's long-term credit rating on Monday and said another downgrade was possible if deepening political turbulence undermines efforts to prop up the economy and public finances.Egypt's popular uprising two years ago drove away tourists and foreign investors alike, helping push its budget deficit into double digits as a percentage of national output and worsening its...
Monti urges debate on Italy election as rivals open fire
Labels: Business Outgoing Prime Minister Mario Monti posted his reform agenda online on Monday, urging Italians to join a debate on their country's future as potentially bitter election campaign gets underway two months before Italy goes to polls.Following weeks of hesitation, Monti declared his availability on Sunday to lead a reform-minded centrist alliance to seek a second term to complete the economic reform...
TSX closes lower as U.S. budget fears linger
Labels: Business Canada's main stock index ended down after a quiet, shortened Christmas Eve trading session on Monday, as oil prices extended their retreat on worries about U.S. 'fiscal cliff' budget measures, pulling energy shares lower.With U.S. lawmakers suspending talks on the spending cuts and tax increases that could send the economy back into recession until after Christmas, the market was cautious.Rick...
Yields at Egypt auction of 5-year bonds
Labels: Business The maximum yield at an auction of 500 million Egyptian pounds of five-year bonds edged up to 14.37 percent on Monday from 14.25 percent two weeks earlier, the central bank said.Bond yields climbed after a political battle that broke out over the country's new constitution last month threatened to undermine the government's efforts to prop up the economy and public finances."Rates are climbing...
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