Report: Amazon to Introduce Phone

It looks like Amazon is about to jump into the mobile phone business. News of the potential new product line for the Internet retailer leaked Wednesday along with details that the smart phone would probably run on a version of the Kindle Fire’s Android-based operating system. The Verve reports that the company could announce the new product as soon as Thursday, thought it’s unlikely Amazon will have too many details to share. Amazon is also expected to release new information about its updated Kindle Fire and its “Paperwhite” Kindle e-reader tomorrow.