Rakuten, the Japanese company behind Buy.com, picks up the third-place e-reader maker, Kobo, for more than $300 million, shortly after its major U.S. seller goes under.
The first of the big e-reader apps has conformed to Apple's new policy, the enforcement of which was supposed to begin a week ago.
During a Borders liquidation sale at one store, the Kobo Wireless e-reader has been spotted with a closeout price of $59.99.
Borders has sent an email to customers advising that all stores in Australia will be closing down.
Question in book seller's survey asks customers about digital reading devices and whether they plan to buy one of Apple's "iPad" large screen devices. Hmmm.
The Next3 tablet works best as an e-reader with its integrated Borders eBook Store.
The Kobo eReader isn't a bad little basic e-book reader, but it's just not a compelling deal now that the more full-featured Barnes & Noble Nook has matched its low price.
Hoping to gain a foothold in the nascent e-reader arena, Borders is selling the relatively inexpensive Kobo. It ships June 17.
Book chain will sell Sony's new e-book viewer, designed to let people read large books on a small gadget. Photo: Sony's digital reader