Amazon.com Inc. said Wednesday it is now offering do-it-yourself authors and publishers royalties of about 70 percent on their e-books.

The latest money news from Steve Potisk.

Foxconn is preparing to relocate its main production facilities from Shenzhen to north China in an effort to tap cheaper labor in the region, with the transition now in the final stages, according to reports.

Verizon’s stock pushed into the black yesterday when the rumor hit. When’s the last time that happened on the expectation of an Android phone?

wireless industry is buzzing with rumors that Verizon Wireless, will start selling Apple’s iPhone.

Hulu Plus — owned by General Electric, News Corp, and Disney — will allow users to watch TV shows on computers, mobile devices, and TVs for $9.99 a month.

Bloomberg’s report Tuesday claiming Verizon Wireless will begin selling Apple’s iPhone in January 2011 has, predictably, inspired all manner of analyst notes reflecting on the implications of such an event.

The latest money news from Steve Potisk.

What do the price cuts of Microsoft’s Kin phones and Amazon’s Kindle mean for those companies?

SAN FRANCISCO (MarketWatch) — Tech stocks headed for another rough trading session Wednesday, as many sector leaders struggled for direction in early action. Declines came from Cisco Systems Inc. , Oracle Corp. , Apple Inc. and Hewlett-Packard Co. , as those stocks added to Tuesday’s big losses. The Nasdaq Composite Index was on shaky ground, rising just 2 points to 2,138 after falling nearly 4% in the prior market session.