The $315 million acquisition of Kobo by Japan's Rakuten, announced back in November, has now successfully closed. All outstanding shares of Kobo owned by founding company Indigo Books & Music will go to Rakuten, while Kobo's management team will remain with the company and stay headquartered in Toronto.
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‘e-reader’ Stories
Kobo’s $315 million acquisition by Rakuten closes
Barnes & Noble Q2 earnings reveal Nook Tablet as its fastest selling device
Barnes & Noble issued its fiscal Q2 2012 earnings report today, revealing its Nook line of products to be a $220 million business, while its latest Nook Tablet has become the company's fastest selling device to date. However, even with the success of its Nook sales, the company overall faced a net loss of $6.6 million this past quarter.
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Kobo bought by Japan’s Rakuten for $315 million
The Kobo e-reader, which currently competes with Amazon's Kindle and the Barnes & Noble Nook, may be getting a boost soon with new backing from Japan's version of Amazon, a large e-commerce operator called Rakuten. The Japanese company is purchasing Kobo for $315 million and intends to rapidly grow its user base around the world.
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Kindle Fire tablet sales hit 250,000 over five days
According to some leaked sales data, the total number of Amazon Kindle Fire tablets sold since being launched 5 days ago is hovering just over 250,000 units. Sales may have slowed down a bit since it was last estimated to have reached almost 100,000 units on its very first day, but it's nonetheless impressive, considering how other tablet rivals have fared.
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Kindle Fire IPS display vs Kindle Touch E-Ink [Video]
While we won’t get too crazy here we do have a few photos and video comparing the display on both the Kindle Fire and the Kindle Touch 3G. With the Kindle Fire we have a 7″ IPS panel with a 1024 x 600 resolution that features great colors and exceptional viewing angles. The Kindle Touch features the popular e-ink technology we have seen before and as always it looks great for e-ink. We’ll let you decide for yourself so check out the photos and video after the break.
Amazon to unveil “Kindle Fire” tablet on Wednesday
Amazon sent out invitations last week for a press event this Wednesday and although the company did not specify the agenda, all speculation pointed to the unveiling of the much anticipated Amazon tablet. TechCrunch claims that its sources have confirmed that the event will indeed be for unveiling the slate and they’ve also revealed some additional details.
Amazon’s 7-inch Kindle Tablet gets handled, priced at $250 for November
One of the two long-rumored Amazon tablets has been shown to TechCrunch for some hands-on time under the condition that no photos be revealed. This is the first time we've gotten more concrete details and specs on what the first Amazon tablet has to offer. Unfortunately, it's sounding much less like an iPad-killer and more like a super-charged Kindle ready to take on the Nook Color.
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Barnes & Noble may launch Nook Color 2 in September
Barnes & Noble's may be launching a second-generation Nook Color sometime in September, according to sources from the supply side. The Nook Color is one of the only e-readers to offer a simple lightweight e-reader experience as well as some tablet functionality with its color touchscreen LCD display and Android-powered interface capable of web-browsing, email, and apps.
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ViewSonic launches ViewPad 7x, 10pro, and 7e
ViewSonic has made some tablet announcements of its own today at IFA 2011 with a tablet trio of varying sizes and platforms. There's a 7-inch Android 3.2 Honeycomb tablet called the ViewPad 7x, a 10-inch dual-boot Windows Oaktrail tablet PC called the ViewPad 10pro, and a budget-friendly e-reader-like tablet called the ViewPad 7e.
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NOOK Color 1.3 OTA update brings more than 200 optimized magazines
NOOK Color owners are about to get a whole lot more reading material. Barnes & Nobles announced today that its 1.3 update, which will be arriving over-the-air, will bring more than 200 magazines and newspapers to the NOOK Newsstand. These new titles include the top 11 magazines such as Fortune, People, Sports Illustrated, and Time.
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Amazon registers KindleScribe.com for next e-reader with stylus?
Amazon has just registered a new domain name over the weekend that has spawned new speculation of interesting developments ahead for its Kindle e-reader. The KindleScribe.com domain was registered by Amazon.com Holdings on August 20 along with KindleScribes.com for good measure. Both domains have yet to resolve to a landing page that could provide any hints, but the name does bring some excitement.
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NOOK Back-To-School Sale Offers $100 Worth Of Free Books, Study Guides
Barnes & Noble has begun a back-to-school promotion for its NOOK e-reader that offers customers $100 worth of free books and study guides. The offer is available only to new purchases of the All-New NOOK, the NOOK Color, or the 1st Edition NOOK between now and September 12. Customers must register before October 31 to qualify.
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