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Amazon has announced the launch of Instant Video app for Xbox 360 that gives customers access to movies and TV episodes on their Xbox 360 console. Will the unification of entertainment options under the Xbox umbrella give Microsoft the right impetus for the next generation of Windows and Windows Phone?

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Amazon too now has desktop clients for their little known consumer cloud product called Cloud Drive

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Amazon is currently streaming Met Gala 2012 on its homepage signalling a possible live streaming service with huge potential for its kindle Fire tablet.

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AT&T is currently selling the HTC One X for $199.99 with a 2 year service agreement. On the other hand, you can get this device from Amazon for just $149.99 on contract.

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iPad market share has soared to 68%

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Dropbox is great way to keep your files in sync or have a backup. Google Drive is out and perhaps you are planning to switch sides. Most surely you wouldn’t be willing to let go of your “hard earned” storage with Dropbox referrals. If you are looking for an alternative use for Dropbox, try using it as a private web gallery for your photos. Wondering how? Well you can always create a public(or selectively shared) folder and put some designed web pages in it and create a website to show off those images. Well if you find the task daunting, Openphoto will do all the hard work for you. All you need to do is use your Dropbox or Amazon S3 account to sign up.

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Amazon Appstore is three times as profitable as Google’s Play Store (Android Market) when it comes to average app revenue.

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Here’s why most Android tablet makers are going to be screwed, and Apple will have the last laugh in the tablet wars.

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Google may finally launch G-Drive, its rumored cloud storage service in April 2012.

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Amazon may be planning to launch 3 new models of the Kindle Fire in 2012, targeting different segments of the tablet market.

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Apple lost a significant amount of market share in Q4 2011, following the launch of the Kindle Fire by Amazon. Its market share dropped from 61.5% to 54.7%, while Android saw its market share increase to 44.6%.

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According to reports, Flipkart has acquired LetsBuy.com, which is its biggest competitor. The reported acquisition price is in the range of $20 to $25 million.

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After causing Borders to shut down, Amazon is now expected to open retail stores with the first one in Seattle.

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Amazon is entering the Indian e-commerce segment with the launch of Junglee.com – a price comparison portal.

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Apple remained the leader in the tablet market in Q4 2011 with 58% market share, but Android grabbed about 10% market share, accounting for 39% of all tablet shipments.

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