Posts Tagged Cut

Barnes & Noble cuts price of Nook tablets

Barnes & Noble Inc cut prices on three models of its Nook e-reader and tablet devices on Sunday, ahead of the peak of the back to school season and amid speculation that rival Amazon.com Inc is preparing to launch a new version of its Kindle Fire tablet.

Barnes & Noble, which has said the Nook has allowed it to win 27 per cent of the US e-books market, said it had slashed the retail price of its Nook tablet with 16 GB of memory to $199 from $249. Amazon is the market leader with about 60 per cent of e-book and e-reader sales.

The largest US bookstore chain also shaved $20 off its 8 GB version of the tablet to $179. Barnes & Noble lowered the price of its Nook Color by $20, bringing it to $149, the latest reduction for that model.

The new prices went into effect on Sunday. Despite the popularity of the Nook devices, Barnes & Noble has had to reduce the price of various versions on a number of occasions to compete with Amazon, which is believed to be preparing to launch a new version of its Kindle Fire tablet. The earlier price reductions cut into Barnes & Noble’s earnings.

The company, which has bet its future on staking a claim in the e-books industry, reported lower-than-expected revenue in the fourth quarter and said Nook revenue fell 10.5 per cent.

Signs at one Manhattan Barnes and Noble store already reflected the new prices on Sunday

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Wikipedia back online after brief service cut

SAN FRANCISCO: Popular online knowledge trove Wikipedia was back online Monday after a fiber optic cable connection between its two US data centers was severed, causing an hour-long service outage.

A cable line linking data centers in the states of Virginia and Florida was severed about 1300 GMT, according to the nonprofit Wikimedia Foundation, which operates Wikipedia.org and other websites.

Wikipedia’s websites were restored after an hour and the mobile service was back online by about 1535 GMT, Wikimedia said.

“We are now working with our network provider to determine how and why we were impacted by that fiber cut when we are supposed to have redundancy in our network,” Wikimedia said in a blog post.

“We are still waiting for their full report.”

Wikimedia has two separate fiber optic lines connecting the data centers, with one connection intended to act as a backup for the other in event of a problem.

The data center in Virginia handles most Wikipedia traffic but accesses the center in Florida to fetch stored information in the crowd-sourced online encyclopedia, according to Wikimedia.

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