The tech giant's potential purchase could help it compete in an area dominated by Amazon's prized e-book business, according to TechCrunch.
The settlement hinges on the success or failure of the company's appeal of a ruling that found it conspired with publishers to fix prices.
The e-commerce company has made the book publisher a public offer: accept $9.99 e-book prices, and Amazon won't ask for more of each sale.
After the tech giant agrees to pay millions in the e-book price-fixing lawsuit, the presiding judge says, "I'm concerned about the terms of the settlement."
Some of the literary world's biggest names sign a letter opposing the e-commerce company's muscle-flexing with book publisher Hachette.
The monthly subscription service that lets you read an unlimited number of e-books is now available on any desktop or mobile browser.
As little as a penny nets you five solid reads. Anything over $12 adds some sci-fi legends to the mix, including Bear, Ellison, and Zahn.
The settlement comes less than a month before the scheduled beginning of the trial, in which $840 million in damages was sought from Apple.
The petition sought emergency stay pending the resolution of an appeal concerning the case's class status.
Judge says the antitrust lawsuit filed by state attorneys general has already been delayed two months and should begin on July 14.