Buying a Picasso online might not be far off. How Amazon is shaking the foundation of the art world.
Raise your hand if you’ve read the erotic best-seller “Fifty Shades of Grey.”
The trilogy of erotic novels is at the top of the New York Times Best Seller list, and the first book has just been named the fastest selling paperback of all time in the UK.
Well, good for author E.L. James and publisher Random House!
I read the first book. It’s horrible. Sure, there’s a lot of sex … and other stuff. But who knew a book with so much steaminess could be so boring? Take away the phrases “Oh my”, “Holy cr*p” and “Jeez”, and the book would only be 20 pages long.
Still, the antics between the trilogy’s two main characters, Anastasia Steele and Christian Grey have been good for business at certain retail outlets. This story from the NBC station in Philadelphia profiles an entrepreneurial hardware store manager dealing with a spike in rope sales. “Probably get the softer stuff,” suggests the appropriately named Bob Wipplinger.
Photo:Brand New Images | Stone | Getty Images
Google’s 7-inch Android tablet is real — it’s even being passed around inside the Googleplex. Google needs this tablet to defend Android. The arrival of Amazon’s Kindle Fire blew a hole in the ecosystem, with Amazon setting up its own app store and its own look and feel for Android itself. If this 7-inch tablet is a hit, Google can argue that developers should still build tablet apps to Google’s specs, not Amazon’s.
When Activision Blizzard’s long-awaited Diablo III went on sale at midnight, it had already broken records. Blizzard reports that the fantasy demon-killing game is its best pre-seller ever, and Amazon says it’s the most pre-ordered PC game yet. But the game’s launch didn’t entirely go smoothly — this morning many gamers couldn’t log in, getting an “Error 37” message. This was so prevalent that the message about the software bug trended on Twitter.
Amazon.com reported quarterly earnings that beat Wall Street’s expectations, but its revenue fell short of forecasts on Tuesday, sending its shares lower in extended trading.
PREMIERING THURSDAY, JANUARY 19TH at 9 ET/PT on CNBC
Best Buy, the last man standing in the big box electronics showdown, is now fighting to stay relevant in the digital world. CNBC takes you inside the giant brick & mortar retailer as it evolves to compete in the virtual shopping universe.