According to comScore, Amazon's Kindle Fire now accounts for more than half of all Android-powered tablets in the United Stated, reaching 54.4% from 29.4% just between December and February. The data underscores how quickly the Amazon tablet has gained traction since its November launch. While the online retail giant hasn’t specified how many units have been sold so far, analysts have estimated the company moved about 5 million in the fourth quarter.

According to a recent report by Futuresource Consulting 'The Tablet Technology and Markets', the global tablet market is expected to sell 234 million units in 2016, up from 64 million units in 2011, and is estimated to witness a 200% increase for consumer use across the United States and Western Europe during the next two years. Mobile application downloads have also risen in 2011, with tablets accounting for 10% of total downloads. 

Amazon is reportedly considering creating original content. A glitch on a company exec's LinkedIn page lead the public to believe that the company may be following in YouTube, Hulu, and Netflix's footsteps. Joe Lewis, a new executive with the tech company, briefly listed his job title as Vice President of Original Television at Amazon for several hours on March 6th. 

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company, surprised many by announcing a $300 million investment in Twitter, and has recently explained his decision to invest in the micro-blogging site. “Kingdom Holding is not new at all to the internet and tech arena,” he said in an interview with CNN. “We were the first to invest in Apple computers … the first to invest in Amazon and eBay.”

Google, Amazon and Marks & Spencer have secured the top spots on YouGov's annual BrandIndex league table for 2011. YouGov annually measures the quality, value, customer satisfaction and reputation of consumer brands according to the input of 2,000 UK-based consumers.

Amazon has announced that it has been selling the Kindle Fire at a rate of 1 million units a week. Before Amazon's announcement, tech industry analysts had projected the company would sell up to 5 million Kindle Fire units before the end of the year. The Kindle is now expected to exceed those expectations. Amazon had recently been criticized following reports that the device had various technical deficiencies. Amazon has released a statement stating that it would release a software update for the device in the next two weeks.

According to a new study by research firm IHS, the Kindle Fire is set to become the second best selling tablet in the fourth quarter. The Kindle Fire's projected 13.8% share of tablet sales surpass those of Samsung's Galaxy tab, who's share is at 4.8%. Apple’s iPad still leads with a 65.6% share. The Kindle's share has progressively grown since its launch, thanks in part to its reasonable retail price. This makes it the first tablet to seriously rival the iPad.

According to a prominent financial analyst, Amazon is set to sell 4 million Kindle Fire tablets in the fourth quarter. Gene Munster, an analyst for Piper Jaffray, has argued that the device was rated highly among consumers, and estimates that Amazon will sell up to 4 million Fire tablets in the fourth quarter.

Under recent talks, Amazon Inc is considering to launch a digital media library service for book publishers much like the media library for Netflix Inc. The Wall Street Journal also reports that Amazon is also expected to release a tablet to rival Apple Inc's iPad in coming weeks.