Nintendo has a bad habit of ignoring big threats until they become implacable foes. The latest goof? President Satoru Iwata attempted to allay investor's fears about social media games like FarmVille. He didn't do it by announcing a new Nintendo Facebook game or social networking service. Instead, he said this: "Nintendo has been developing social entertainment in the field of video games for a long time."
It's a bold new day for reading. Amazon has just announced their financial results for Q4 of 2010. For the first time ever, the online retailer is now selling more Kindle books than paperback books. For every 100 "real" books, Amazon now moves 115 ebooks. Three times as many Kindle books sell as hardcover books.