The e-reader war is heating up -- and it's quite the page-turner.
Barnes & Noble
Not to be outdone, Amazon.com
The e-reader market once seemed like a passing fad. Amazon introduced the Kindle four years ago, when it didn't seem likely that bibliophiles would ever give up their physical books. Now, millions of Kindles later, it's no surprise to see someone breaking out an e-reader during a long commute.
Let's see what the next chapter brings.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
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TiVo
posted a record quarterly profit, but don't get too excited. It would have posted another loss if not for a juicy patent-litigation payment. Although the defection rate appears to be slowing, TiVo can now claim fewer than 2 million couch potatoes among its ranks.(Nasdaq: TIVO) -
Jamba
posted a first-quarter loss, but the smoothie chain did manage to score its second consecutive quarter of positive same-store sales.(Nasdaq: JMBA) -
Toyota
and salesforce.com(NYSE: TM) are teaming up to make driving more social and telematics more personal. Toyota Friend is a private social platform for Toyota owners that will begin rolling out in Japan on salesforce.com's Chatter cloud-based service.(NYSE: CRM) - Not every consumer-electronics chain has come unplugged. hhgregg
posted a healthy 22% top-line spurt and better-than-expected profitability.(NYSE: HGG)
Until next week, I remain,
Rick Munarriz
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