Unlike previous Kindles, the $139 “Kindle Wi-Fi” will connect to the Internet using only Wi-Fi instead of a cellphone network. Amazon is also introducing a model to replace the Kindle 2, which it will sell for the same price as that model, $189. Both new Kindles are smaller and lighter, with higher contrast screens and crisper text.

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eldavojohn writes “Six companies have pleaded guilty to worldwide price fixing of Thin-Film Transistor Liquid Crystal Displays from Sept. 14, 2001, to Dec. 1, 2006. For violating the Sherman Act, the companies have agreed to pay criminal fines of over $860 Million. In addition, nine executives have been charged in the scandal. The pricing scam affected some of the largest companies at the time, including Apple, HP and Dell. (If you bought a TFT-LCD (more…)

Facing a double-digit slowdown in sales of its Wii game console, Nintendo is expected to announce it will slash the price of the console 20% to $199, starting as early as Sunday, sources told the L.A. Times.

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The recently announced PS3 price cut to $299 has an immediate effect on hardware sales but most consumers are waiting for the “PS3 Slim” on September 1st

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Cristiano Ronaldo insists the world record £80m fee that Real Madrid paid Manchester United for the winger’s services is a “fair price”.

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So you bought your heavily subsidised iPhone 3G with a two-year contract and now you are upset because AT&T wants to charge you full price for the new iPhone 3GS, right? Well, stop whining. You have no arguments.

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adeelarshad82 writes “Amazon’s wildly popular Kindle 2 got a good old fashioned tear-down from the folks at market research firm iSuppli. According to the organization, the Kindle 2′s manufacturing cost is almost half as much as its retail price.”

Read more of this story at Slashdot.

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