As part of the Kindle Fire unveiling on Wednesday, Amazon announced its new browser architecture, dubbed Silk, which does some processing and rendering in the cloud to speed up Web browsing.

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Achieving an attractive sub-$100 price point, Amazon's new $79 Kindle and $99 Kindle Touch still sport e-ink displays for reading books and other content, while ditching the physical keyboard found on previous models.

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Amazon on Wednesday unveiled its new Kindle Fire touchscreen tablet, an Android-powered device with a 7-inch display that will sell for just $199, or less than half of Apple's entry-level $499 iPad.

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Hearst Corp., a big-name magazine and newspaper publisher, has announced that paid digital downloads of its titles have topped 300,000 per month, while a new study shows that tablet users have a higher e-commerce conversion rate than shoppers using a PC.

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Amazon has reached agreements with three large publishing houses to provide digital magazine content for the company's upcoming iPad competitor, according to a new report, while also adding Fox movies and TV shows to its Amazon Prime streaming video service.

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Amazon is set to release two new Kindle black-and-white e-ink models in addition to an aggressively-priced 7-inch tablet with a color LCD screen on Wednesday, with the company considering expanding to larger 10.1-inch and 8.9-inch tablets next year to compete with Apple's iPad.

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Amazon's new Android-based tablet, apparently named the Kindle Fire, is said to be based on the same basic design as RIM's PlayBook, built by the same maker, apart from having a slower processor intended to make it cheaper.

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Amazon on Friday sent out invitations to members of the press for a media event scheduled for next Wednesday, Sept. 28, where the retailer is expected to debut a new touchscreen tablet that aims to compete with Apple's iPad.

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The likelihood of success for both the impending Amazon tablet and Google's forthcoming Android update, dubbed "Ice Cream Sandwich," against the iPad has reportedly been called into question by industry insiders.

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Apple reportedly has prototypes for its third-generation iPad already circling in its supply chain, but no new model is expected to arrive this year as a true second-place tablet has yet to emerge.

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Amazon's next Kindle will abandon the efficient, easy to read eInk display of existing models and morph into a $250, 7 inch color touchscreen model based on Android, but incapable of accessing Google's app market or benefiting from future Android releases.

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After changes to Apple's App Store policies prompted Amazon to remove a link from its Kindle application to buy new books, the online retailer has launched a new browser-based "Cloud Reader."

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Apple's newly enforced policy banning links to out-of-app purchases has forced The Wall Street Journal, Amazon, Barnes & Noble, and Kobo to remove purchasing options from their iOS applications, while the Google Books application has been completely removed.

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Amazon.com plans to introduce its own brand of tablet computer ahead of the holiday shopping season, a move which is sure to intensify competition with new-found rival Apple.

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Taiwanese component makers said Wednesday that Amazon is set to release tablets in August or September on its way to a sales target of 4 million units in 2011.

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Apple this week revised its rules for in-app subscriptions, and no longer requires that subscriptions purchased outside of an iOS application have the same price or less.

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Both Barnes & Noble and Amazon announced new versions of their e-readers on Tuesday: a touchscreen e-ink Nook and a Kindle 3G with "special offers," in an ongoing price war, while Microsoft previewed the "Mango" update to its Windows Phone 7 operating system.

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Amazon CEO Jeff Bezos said in an interview this week to "stay tuned" on the company's plans for a possible tablet device that would likely supplement, rather than replace, the company's Kindle e-reader.

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Bookseller Barnes & Noble revealed in an SEC filing Wednesday that the company plans to announce a new e-reader device on May 24th, creating yet another competitor to Apple's iPad.

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Rumors continue to swirl about a new touchscreen tablet from Amazon with a full color LCD screen, with the latest report stating the device is set to launch and take on Apple's iPad in 2011.

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