Amazon unveils $50 Fire tablet and new Fire TV line
Amazon introduced a 7 inch Fire tablet with front and back cameras priced at 50 dollars and shipping September 30. Analysts say the cheap tablet may expand Prime signups and device adoption while inviting broader competition in a maturing market. Also announced were 8 and 10 inch Fire HD tablets and updated Fire TV devices.
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Expedia closes deal to buy Orbitz in major travel merger
Expedia Inc completes an all cash 1.6 billion transaction to acquire Orbitz Worldwide after federal regulators drop objections. Orbitz brings Orbitz com CheapTickets HotelClub and e bookers while Expedia adds Hotels com Hotwire Travelocity and broader distribution reach. The merger consolidates online travel with Expedia the leading US player.
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