Kobo, purveyor of eReaders and eBook software across a variety of platforms, announced on Tuesday that it will be acquired by Japan-based Rakuten. Rakuten will purchase 100% of outstanding shares of of Kobo for $315 million in cash. Based in Toronto, Ontario, Kobo was spun off of Canadian retailer Indigo in late 2009, and the company has struggled to compete against the likes of Amazon and Barnes & Noble in the eBook space. ”We are very excited about this next step,” said Rakuten CEO Hiroshi Mikitani in a statement. ”Kobo provides one of the world’s most communal eBook reading experiences with its innovative integration of social media, such as Facebook and Twitter; while Rakuten offers Kobo unparalleled opportunities to extend its reach through some of the world’s largest regional e-commerce companies, including Buy.com in the US, Tradoria in Germany, Rakuten Brazil, Rakuten Taiwan, Lekutian in China, TARAD in Thailand, and Rakuten Belanja Online in Indonesia, and of course, Rakuten Ichiba in Japan.” Kobo’s full press release follows below. More →
We’re live from Barnes & Noble’s press conference here in New York City where the bookseller is expected to take the wraps off its sequel to the Nook Color tablet. Though the firm used a heavily customized, unrecognizable version of Google’s Android platform to power the original Nook Color, it is still one of the most popular Android tablets in the short history of the media tablet category. Barnes & Noble has reportedly shipped more than 3 million Nook Color slates to date, and with Amazon’s $199 Kindle Fire ready to heat things up beginning next week, we’re hoping B&N has a few surprises up its sleeve this morning to keep the space competitive. Hit the break for our live coverage and don’t forget to refresh the page often, or enable auto-refresh, for all the latest news as it breaks. More →
Barnes & Noble is holding a press conference on Monday morning where the company is expected to unveil a new color eBook reader that will go head-to-head with Amazon’s upcoming Kindle Fire tablet. According to a recent report, the slate in question will be Barnes & Noble’s Nook Color 2 and it will feature a 7-inch 1024 x 600-pixel display, 16GB of storage, 1GB of RAM and a dual-core 1.2GHz TI OMAP 4 processor. Rumors also suggest the tablet will be priced at $249, $50 more than the hotly anticipated Amazon Kindle Fire, but nothing is confirmed until Barnes & Noble executives take the stage on Monday morning.
Bookmark this link, which will go live shortly before the event begins tomorrow morning, and make sure to head there for our live coverage of Barnes & Noble’s press conference! Coverage will begin just before 10:00 a.m. EST / 7:00 a.m. PST.
We just spent a few minutes checking out the brand new Amazon Kindle Touch and all new Amazon Kindle, and we’re impressed. Both tablets were extremely light, though with the touch sensitivity being incredible on the Kindle touch, we could see ourselves opting for that with 3G over the regular Kindle. The backs of both are metal, like the previous Kindle, and the readability is fantastic on the E Ink displays, even with the touch capability on the Kindle touch. While the prices of both are insanely attractive, Amazon revealed to us that these prices are for the special offers versions of the Kindle devices, and that the non-special offer Kindles will be $109 and $139, respectively. Even still, the prices that Amazon is delivering these products for is incredible, and the new Nook just got a whole lot less attractive. Hit the gallery for all of our photos.
P.S. Which way are you leaning? Touch or no touch?
Amazon’s Kindle Library Lending service, first announced in April, is now live in the United States. The service allows Kindle users to borrow eBooks from more than 11,000 participating libraries across the country. Here’s how it works: simply visit the website of a U.S. library with support for OverDrive and then, provided you have a library card, check out a Kindle book by clicking “Get for Kindle.” The eBook will then be delivered to your Kindle via Wi-Fi or USB. Library Lending is supported on any device that has Amazon’s Kindle application installed, which means it is available for multiple platforms including the PC, Android, iOS, Blackberry and Windows Phone. There are no limitations to titles borrowed from a library, and users can still view real page numbers and synchronize notes, highlights and more across multiple devices. More →
Global shipments of eReaders are expected to skyrocket this year, ballooning 183% from last year to reach 34.8 million units. According to new data from the Market Intelligence & Consulting Institute, part of Taiwan’s Institute for Information Industry, 12.3 million dedicated eBook readers shipped in 2010. The figure is relatively in line with earlier estimates of 12.8 million units from market research firm IDC. The MIC estimates that global eReader shipments in 2011 will total up to 34.8 million units, and 2012 shipments could grow a further 46% to surpass 50 million units. The firm sees the U.S. as the biggest growth market during that period, and the eReader landscape is expected to shift moving forward. “Consumers prefer e-readers with multimedia functions, MIC said, the overall performance, colorization, and product differentiation are key factors for market success,” Taiwan Economic News noted in its coverage of MIC’s report. “Cross-industry alliances will also be decisive for players in the new game, the center said.” More →
As Amazon prepares to launch its first tablet offering this fall, the tech press seems to be in agreement that the device will give owners deeply integrated access to the company’s suite of digital services. It will download books from Amazon’s Kindle book store, stream music from the company’s Cloud Player service, pull down movies from Amazon Instant Video, and provide a window into Amazon’s numerous additional services. According to a report in The Wall Street Journal, Amazon is also working on a new service its tablet offering might take advantage of down the road: Netflix for books. Read on for more. More →
Mobile connected device adoption picked up among women and older consumers in the second quarter of 2011, according to new findings from market research firm Nielsen. In the second quarter last year, tablets and eReaders were owned largely by those under the age of 35. The market has shifted significantly over the past year however, and consumers 35 and older accounted for more than half of tablet and eReader owners last quarter. 54% of tablet owners in the second quarter were over the age of 35, up from 38% in the second quarter of 2010, and eReader ownership among consumers 35 and older jumped to 65% last quarter from 55% in the June quarter a year prior. Where gender is concerned, eReader adoption among women ballooned to 61% in the second quarter of this year, up from 46% in the same quarter last year. Smartphone adoption inched up from 47% in the second quarter of 2010 to 50% last quarter, and tablet adoption jumped from 39% to 43% over the same period. Another chart from Nielsen’s report follows below. More →
Barnes & Noble took the wraps off of its latest eReader, the “All-New NOOK,” just last month. Its grayscale screen strays from the NOOK Color, and while the device still runs Android, it looks and feels much more like a traditional eReader. However, the new NOOK has a brand new E Ink Pearl display that not only works as a touchscreen, but refreshes less often than other eReaders and transitions faster. I’ve been using the new NOOK for the past week extensively, staying up late at night reading and pulling the NOOK out on the subway for quick page turns between stops. At $139, the NOOK is competitively priced with the Wi-Fi Kindle, but is it good enough to be your next (or first) eReader? My full review is after the break.
More →
Amazon on Monday revealed a new discounted version of its popular Kindle eBook reader. Amazon’s announcement came on the same day Barnes & Noble announced its all-new NOOK eReader. When asked during a Q&A session after Monday’s press conference if Barnes & Noble would ever consider releasing an ad-supported NOOK, CEO William Lynch laughed and said it was highly unlikely — but Amazon seems to be having some success with the ad-supported model. Joining the company’s $114 ad-supported Wi-Fi Kindle is the new $164 Kindle 3G, which gives consumers the option of saving $25 and dealing with advertisements. The device is otherwise identical to the standard Kindle 3G, which features a Pearl E Ink display, a full QWERTY keypad and free 3G connectivity. Hit the break for the full press release. More →
We just spent some time with Barnes & Noble’s just-announced eReader, the all-new NOOK, and we have to say… we’re impressed. From the size, to the design, to the gorgeous new E Ink Pearl display, this device is leaps and bounds better than the previous-generation NOOK. What’s more, we think it will definitely push Barnes & Noble even further in the growing eReader space, and it should have the team over at Amazon working overtime on its next Kindle design. The exterior of all-new NOOK is composed entirely of soft-touch rubber that feels amazing compared to the hard plastic found on other readers. The new E Ink display is fantastic, and we definitely appreciated the work Barnes & Noble put into improving the seizure-inducing page transitions that plague all eReaders. They’re still there, but they’re much improved compared to older readers. The addition of a 6-inch touchscreen makes interacting with the device much more enjoyable than non-touch eBook readers, and it also helps make the size of the device perfect for carrying in a small bag or even a coat pocket. Barnes & Noble’s is taking pre-orders for its all-new NOOK starting now, and the device will begin shipping on or around June 10th for $139. In the meantime, definitely check out our hands-on gallery below!
Barnes & Noble on Tuesday unveiled its all new NOOK eBook reader, and to say it’s an improvement over the previous-generation model is an understatement. This new version replaces the older greyscale model, not the still-young NOOK color, and it features a major improvement we probably all saw coming… a touchscreen. The eReader sports an on-screen keyboard and it also allows readers to look up words or take notes with simple taps on the beautiful E Ink display. The new NOOK features just one button compared to the Kindle’s 38, which obviously simplifies the user experience significantly. More importantly, the new NOOK can last up to two months on a single charge — double the battery life of Amazon’s Kindle. Other nifty features include a new proprietary dissolve transition that takes readers from one page to the next, and social media integration that allows users to share recommendations via Twitter, Facebook and more. Of course the new eReader also features Wi-Fi connectivity and owners can enjoy free hotspot access at all Barnes & Noble stores as well as every AT&T hotspot across the country. The new NOOK will retail for $139.99 when it becomes available on June 10th from Barnes & Noble, Best Buy and more. Pre-orders are available immediately.
