Amazon.com Enters Market in Japan, New Apple-Samsung Episode: Tech Business Wrap

At long last, Amazon.com (NASDAQ:AMZN) enters the Japanese e-reader and tablet markets as it just opened a Kindle store there that features more than 50,000 e-books and announces that the Fire, Kindle Paperwhite, and Fire HD will be stock by local retail chains. Further, an arrangement with NTT DoCoMo (NYSE:DCM) will enable 3 gigabyte Paperwhite users to receive free mobile data services.

In a new episode to a drawn-out saga, a court in The Netherlands has ruled that Samsung’s (SSNLF.PK) smartphones and tablets do not infringe Apple’s pinch-to-zoom patent. However, the court still must decide on an Apple injunction request.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

Salesforce.com (NYSE:CRM) reports that it has laid off “fewer than 100 people” at its Radian6 social media marketing software division, adding that the move, 18 months after Radian6 was acquired for $326 million, is linked to joining the unit with recently-bought Buddy Media.

Hewlett-Packard Co. (NYSE:HPQ) Chief Executive Meg Whitman announced at a Gartner event that her company will not be making a smartphone in 2013 while adding that it remains interested in offering one eventually. In addition, Whitman declared 2013 a “fix and rebuild” year and reaffirmed the firm’s commitment to the personal computer market despite its struggles of late.

Don’t Miss: iPad Mini: Here’s Why Apple Thinks $329 Works.


More from The Cheat Sheet