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Social Media Newsfeed: Cyber Monday | Facebook Privacy

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Cyber Monday Deals: How to Find the Best Online Sales and Save Some Major Green (The Huffington Post/Reuters)
In a one-day blitz of shopping, consumers are expected to empty their wallets of more than $1 billion on Cyber Monday, the online shopping spree on Nov. 26, according to spending projections from research firm comScore. Cyber Monday 2012 may offer the best deals on technology products this year, said Brian Hoyt, senior writer for RetailMeNot.com, a coupon code site.

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Amazon Updates its Kindle Line of E-Readers (The New York Times)
Amazon announced a barrage of new tablets and e-readers on Thursday that makes its challenge to Apple’s iPad a little more serious. Amazon announced updates to its line of Kindle e-readers, including the Kindle Fire HD, a tablet computer that comes in two sizes, one that is nearly as large as the iPad and that undercuts its price by $200. Mashable Amazon eased into what would become a landmark event with the new Kindle Paperwhite e-reader. Amazon chief executive Jeff Bezos said Amazon actually invented new screen technology for the super-white, ultra-clear and now self-lit ereader. CNET The tablet assault begins with a new $199, 7-inch model with an HD screen that doubles the built-in storage of the previous entry-level Kindle Fire to 16GB. Amazon has also doubled down on that product line with a larger, 8.9-inch model that has a 1,920-by-1,200 resolution, features 16GB of built-in storage, costs $299 and ships Nov. 20. Topping out the line is a new 32GB model with 4G LTE wireless connectivity for $499, which Bezos compared directly to Apple’s $729 third-generation iPad with similar specs. Reuters The latest aggressive pricing move, and Amazon’s variety of gadgets, furthers its goal of getting Kindle tablets into the hands of as many buyers of its online content — from games and books to video — as possible. Apple, by contrast, makes much of its profit from hardware sales. USA Today Barnes & Noble had beaten Amazon to market with a standard e-reader with built-in lighting technology when it started selling the Nook with GlowLight earlier this year. Another rival, Kobo, has just unveiled a reader with an integrated light. Read more

Elevator Pitch: Storyville Wants to Do for Short Stories What iTunes Did for Music

In the latest episode of mediabistroTV’s “Elevator Pitch,” host Alan Meckler meets with Storyville co-founder Paul Vidich. Storyville is a mobile app for short stories that connects readers and authors. A former music executive, Vidich helped Steve Jobs bring music singles to iTunes. He hopes Storyville will do for the short story what iTunes did for the single.

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Sharing Books is as Old as Print. But, Publishers have a Problem with eBook Sharing

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Sharing a conventional paper book has been one of the most basic sharing activities for a long time. Sharing comes in the form of informal person-to-person lending or institutionalized library loans. This simplest and most basic of sharing activities has been, however, something that has not been easily adopted for digital books. The latest ebook sharing issue comes by way of the world’s largest trade book publisher, Penguin Books. The Digital Shift reported that…
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