Wednesday, December 16, 2009

E-book readership is small but growing fast

Forrester Research predicts 3 million e-readers will sell in the U.S. in 2009 and twice as many in 2010.
Kobo launched in February under the name Shortcovers as Canadian bookseller Indigo Books & Music's digital book unit. It said Tuesday it was changing its name to Kobo and raised $16 million via Indigo, Borders and other investors to spin off as a separate company.

source: Borders plans to sell e-books online

By MAE ANDERSON (AP)
"Book seller Borders Group Inc. is entering the electronic book market, partnering with a Canadian digital book company to sell e-books on the Borders.com Web site.
Borders and Kobo Inc. will develop a Borders-branded e-reader application powered by Kobo that will work on most mobile phones and PCs and be

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