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Google's E-Book retail program a challenge to Amazon's Kindle

Los Angeles, June 1: Internet search goliath Google has announced Monday a new program that would enable publishers to sell digital versions of their newest books direct to consumers through its search engine.

Amazon.com CEO tabs Kindle an investment

SEATTLE -- The Kindle electronic book reader should be considered an investment product by Amazon.com shareholders, the U.S. company's chief executive officer says.

Amazon.com CEO Jeff Bezos told shareholders at a recent meeting the entire digital-books industry is still growing and therefore the Kindle reader should not be considered an income generator for the company, The Wall Street Journal reported Friday.

There has been speculation in the publishing industry that Amazon.com will likely post losses related to Kindle, an electronic tablet that allows users to download and read books in a computerized format.

Are Newspapers Destined for Kindling?

Amid the recession and bailout, Amazon.com (Nasdaq: AMZN) has been a gravity-defying business -- with the stock returns to prove it. Shares of the e-tailer are up more than 50% since Jan. 1, versus a small loss for S&P 500.

Kindle 2: The Future of Reading

Amazon's Kindle 2 makes sure you don't miss out on infotainment, offering over 260,000 books, blogs, newspapers and magazines.

Gay books disappear from Amazon catalogs

Seattle, April 15: Amazon.com has claimed that an internal 'glitch' in its book cataloguing process caused the deletion of 57,310 titles from its sales rankings and search pages over the past few weeks.