Cody Taylor

We just got some blurry photos and specs for the new, decidedly more newspaper- and college textbook-friendly Amazon Kindle DX. Here’s what we know: it’s got a 9.7-inch display (as opposed to the current six-inch unit), a long-requested built-in PDF reader, and the ability to add annotations in addition to notes and highlights.

Just a couple of days ago we reported that the MPAA’s website was vulnerable to an XSS attack, which left it displaying torrents from The Pirate Bay. This time a flaw has been discovered in the RIAA’s site, which now allows it to display TorrentFreak’s latest articles.

theodp writes “Barack Obama has squared up for a major battle with big business, announcing a crackdown on offshore tax avoidance and evasion by US multinationals that’s designed to raise 0B and make it easier for companies to create ‘good jobs here at home’. Obama cited a building in the Cayman Islands where more than 18,000 US companies are housed: ‘Either this is the biggest building in the world or it is the biggest tax scam in the world,’ he said. ‘I think the American people know which it is.’ The administration says that more than a third of US foreign profits in 2003 came from Bermuda, the Netherlands and Ireland, and noted US companies paid an effective tax rate of just 2.3% on the 0bn they earned in foreign profits in 2004. Among tech companies affected by the crackdown, Microsoft joined 200 companies who signed a letter complaining that the proposed tax changes would put them at a disadvantage with their rivals, Cisco moaned that the measures ‘would adversely impact our ability to invest and grow our business in the US,’ and Google declined to comment for the time being.”

Read more of this story at Slashdot.