Barnes & Noble's 'Nook' said to cost $259

The Wall Street Journal says it has seen an ad for the e-reader that confirms the device's price tag and features, including the ability to lend electronic books.

NEW YORK--Barnes & Noble's forthcoming electronic book reader will be called the Nook and sell for $259, according a report in The Wall Street Journal.

The Journal, citing a forthcoming ad for the product, also says the device will feature the ability to lend electronic books to others as well as a widely reported dual-screen display that features an electronic ink display and a smaller color touch screen.

The bookseller is expected to unveil the device at an event here on Tuesday. Leaked photos of the device cropped up last week. Also, as I noted earlier on Monday, Barnes & Noble has received FCC approval to start selling an electronic book reader.

The field, long dominated by Amazon's Kindle, is quickly becoming more crowded. In addition to a new crop of devices from Sony, a host of others have either announced products or plans for products that combine an e-ink display and wireless connection.

Plastic Logic said on Monday that its larger-screen Que device will be out early next year, while start-up Spring Design announced plans for a device that sounds a whole lot like the Nook, though a spokeswoman told CNET News that the company was not involved with Barnes & Noble's device.

Featured Video
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Microsoft leaves Apple in the dust with tablet and laptop innovation in 2015

Will there be one Apple Ring to rule them all? That's what a patent application says. Plus, building the thinnest gadget isn't innovation anymore and Apple just got a reality check from Microsoft.

by Brian Tong