Amazon Kindle Owners Are “Borrowing” Nearly 300,000 Electronic Books A Month

"According to the company, customers borrowed nearly 300,000 (295,000 to be exact) KDP Select titles in December alone, and KDP Select has helped grow the total library selection."

Amazon.com Launches Digital Book Library Service

"Online retailer Amazon.com said Kindle owners with an Amazon Prime membership will now get access to the company's new digital book library service."

The Great Tech War Of 2012

Subtitle: "Apple, Facebook, Google, and Amazon battle for the future of the innovation economy."

Amazon Challenges Netflix and Hulu With Free Streaming for Prime Members

"Anticipated for more than a month, Amazon today announced that it is offering free streaming of movies and television shows to any of its Prime members, those who pay $79 per year to receive expedited shipping. More than 5,000 movies and TV shows are available to Amazon Prime members to stream on Mac and Windows PCs as well as almost 200 connected TVs, Blu-ray players, and set-top boxes."

Amazon's e-Book Sales Beat Paperbacks; Profit Up 8%

"Amazon.com (AMZN) is now selling more Kindle e-books than paperbacks, the world's biggest online retailer reported. But Amazon's fourth-quarter financial results were mixed. Amazon says net income for the quarter climbed 8%, which surpasses Wall Street expectations."

Kindle Comes to the Web

"Amazon has announced another expansion of its Kindle platform with the Kindle for the Web beta, which allows book samples and snippets to be read directly from a browser."

Amazon Says E-Books Now Top Hardcover Sales

"Amazon.com, one of the nation’s largest bookstores, said Monday that for the last three months, sales of electronic books for the Kindle, Amazon’s e-reader, outnumbered sales of hardcover books for the first time."

Amazon, Google Prepare iPad Competitors

"Amazon isn't the only one to be cooking up a competitor to the iPad, though. Google, which already mounted an impressive campaign against Apple in the mobile phone arena, is now looking to take out the iPad early with superior tablets powered by Google's new Chrome OS."

Amazon Loss on E-Book Pricing Could Fuel Trend

"A pricing battle lost by Amazon.com Inc to a top publisher may herald pressure from other publishers, compromising low e-book prices which could potentially hit sales volume growth for its Kindle e-reader."

E-Books: Averting a Digital Horror Story

"On Christmas Day, for the first time in its history, Amazon.com (AMZN) sold more digital books than the old fashioned kind. It was a watershed moment for the book industry—but it's scaring. . .traditional publishers."

Amazon Takes Larger-Screen Kindle Global

"Amazon.com Inc is to sell its larger Kindle electronic reader, aimed at students, businesspeople and newspaper readers, in more than 100 countries for $489, following the rollout of its original device last year."

Amazon App Allows Kindle Books on PCs

"Amazon will introduce a free software app next month that will allow Kindle users to read their e-books on their PCs. What's more, the app works for non-Kindle owners: Anyone with an Amazon account will be able to buy the books and download them to their Window-based computers, notes CNET."

Internet Archive's BookServer could 'dominate' Amazon

"An initiative in the works from the nonprofit Internet Archive to centralize the electronic distribution of commercially viable books could upend the publishing industry and declaw Amazon.com, an industry analyst said. On Monday, the Internet Archive, which among other things has been working for some time to digitize countless numbers of public domain texts, showed the first public look at its BookServer project, an initiative its dubs, 'The future of books.'"

Amazon Returns Deleted Kindle Books

"Yesterday Amazon e-mailed customers affected by the mass deletion and offered them a free, and no doubt properly licensed, copy of any book they lost, or the option of a check for $30."