Technology Report: Amazon tablet costs $209.63 to make, IHS estimates

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	09/30/2011
Good afternoon Bit Eastman Kodak Co shares fell almost 70 percent on Friday afternoon on concerns the photography pioneer could file for bankruptcy. Kodak's stock had already hit a 38-year low earlier this week as investors worried about its cash position after the company tapped a credit line for $160 million. Amazon.com Inc's new tablet computer costs $209.63 to make, IHS iSuppli estimated on Friday, highlighting how the e-commerce giant is taking a financial hit upfront to get the device into as many hands as possible. Amazon's billionaire Chief Executive Jeff Bezos unveiled the Kindle Fire at a lower-than-expected $199 price on Wednesday. "The real benefit of the Kindle Fire to Amazon will not be in selling hardware or digital content. Rather, the Kindle Fire, and the content demand it stimulates, will serve to promote sales of the kinds of physical goods that comprise the majority of Amazon's business," IHS iSuppli said in a statement. Using the micro-blogging site Twitter as a gauge of global sentiment, social scientists studied 509 million tweets from 2.4 million users in 84 countries between February 2008 and January 2010, according to research reported in the journal Science. Twitter, the five-year-old site that lets users communicate 140-character posts, offers an unprecedented chance to study human behavior and social networks, the scientists said. PE Hub's Connie Loizos discovers that despite Groupon's recent turmoil, the Chicago startup community is sticking with the daily deal giant. GigaOm reviews AT&T's upcoming Samsung Galaxy S II smartphone that will hit stores Oct. 2 and will retail for $200. LATEST NEWS Amazon tablet costs $209.63 to make, IHS estimates September 30, 2011 02:02 PM ET SAN FRANCISCO (Reuters) - Amazon.com Inc's new tablet computer costs $209.63 to make, IHS iSuppli estimated on Friday, highlighting how the e-commerce giant is taking a financial hit upfront to get the device into as many hands as possible. | Full Article Twitter tells scientists how the world feels September 30, 2011 04:00 PM ET WASHINGTON (Reuters) - Hate mornings, especially on Mondays? You may be surprised to know that much of the world doesn't share that grumpy feeling. | Full Article Hitachi-LG venture to plead guilty to price-fixing September 30, 2011 04:49 PM ET (Reuters) - A joint venture of Hitachi Ltd and LG Electronics Inc has agreed to plead guilty and pay a $21.1 million fine for bid-rigging and price-fixing in the sale of optical disk drives, the Justice Department said on Friday. | Full Article Poor nations urged to tap Web fast for growth September 30, 2011 07:08 AM ET NAIROBI (Reuters) - With online business increasingly driving economic growth, developing nations' top priority should be the infrastructure their citizens need to get connected, delegates at an Internet conference in Nairobi said this week. | Full Article Idaho laboratory analyzed Stuxnet computer virus September 29, 2011 09:47 PM ET IDAHO FALLS, Idaho (Reuters) - Behind the doors of a nondescript red brick and gray building of the Idaho National Laboratory is the malware laboratory where government cyber experts analyzed the Stuxnet computer virus. | Full Article BUSINESS NEWS Wall Street ends worst quarter since 2008 meltdown September 30, 2011 04:36 PM ET NEW YORK (Reuters) - Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe's debt debacle, a U.S. credit downgrade and a sputtering global economy. | Full Article JPMorgan, BofA sued over mortgage debt losses September 30, 2011 04:34 PM ET (Reuters) - JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors claiming losses on $4.5 billion of soured mortgage debt, adding to litigation targeting the two largest U.S. banks. | Full Article Sarkozy to meet Merkel in coming days on Greece September 30, 2011 03:49 PM ET PARIS (Reuters) - French President Nicolas Sarkozy said on Friday he would meet German Chancellor Angela Merkel in the coming days in Germany to discuss Greece's debt troubles, calling support for Greece a "moral obligation" for Europe. | Full Article Analysis: U.S. consumers get swiped in debit fee crackdown September 30, 2011 04:35 PM ET WASHINGTON (Reuters) - A government crackdown on debit card "swipe fees" is unlikely to benefit consumers' wallets, as banks seek makeup fees and retailers take the savings down to their own bottom line. | Full Article CIA drone kills U.S.-born al Qaeda cleric in Yemen September 30, 2011 05:49 PM ET SANAA (Reuters)- Anwar al-Awlaki, a U.S.-born Islamist militant, was killed in Yemen on Friday in a CIA drone strike described by President Barack Obama as "another significant milestone" in efforts to defeat al Qaeda. | Full Article U.S. TOP NEWS Buffett backs Bank of America, buying more stocks Is Christie conservative enough for Tea Party? Killing of American in Yemen raises new legal questions SEC finds failures at credit raters Wasabi alarm, beetle sex win Ig Nobel spoof prizes RELATED VIDEO Camera-trap diary keeps Sumatran ecosystem in public eye Video look at AT&T's fast Samsung Galaxy S II An Interview with foursquare co-founder, Naveen Selvadurai A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Casino offers plastic surgery jackpot Full Article Alabama company turns gun lovers' ashes into ammunition MP's wife guilty of stealing lover's kitten Nestle ad first to pitch at canine customers Crunchy crickets going mainstream in Australia? - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend