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Despite slow start, ebooks gain ground in Europe

Electronic books, which have sparked excited chatter for several years in the publishing world, are now gaining momentum among European readers, despite a late start compared to the US, industry insiders say.

Amazon profit plunges on acquisition cost

Online retail titan Amazon said its profit in the past quarter plunged 96 percent, with the cost of buying a robotics firm hurting already weak results.

US class-action ebook price-fixing suit can proceed

A judge Tuesday allowed a class-action case to proceed against Apple and six publishing houses alleging a price-fixing scheme for electronic books, citing "ample" indications of a conspiracy.

Japan's Rakuten to buy Canada's Kobo e-reader firm

Japan's top online retailer Rakuten on Wednesday said it had agreed to pay $315 million in cash for Kobo Inc., the maker of a popular e-reader in Canada whose majority shareholder is book retailer Indigo.

Digital piracy casts shadow over ebook world

With electronic books growing in popularity, the publishing world focuses on fighting the threat of digital book pirates, much as the music industry once did with illegal downloading.

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