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Early holiday sales disappoint investors

Investors took a dim view of early holiday season sales on Monday, with shares of Best Buy , Amazon and American Eagle Outfitters among the few positive performers on hopes they were gaining a larger share of consumer spending.

Barnes & Noble cuts outlook; Borders sales fall

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Barnes & Noble Inc cut its full-year forecast on expectations of a tough holiday season and high costs for its Nook electronic reader, while rival Borders Group Inc posted a wider-than-expected loss. Shares of both booksellers fell sharply.
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Barnes & Noble says Nook sold out before holidays

Barnes & Noble Inc said on Friday it had sold out of its newly-launched Nook electronic readers due to high demand -- a pre-holiday miscalculation that analysts said could boost sales of rival Amazon.com Inc's market leading Kindle.
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Barnes & Noble sued by eReader maker Spring Design

Spring Design, a maker of electronic readers, is suing Barnes & Noble Inc, claiming the bookseller's newly launched Nook reader illegally copied its dual-screen design after the two discussed a possible partnership.
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Borders offers free shipping on out-of-stock items

Borders Group Inc took the latest step in the battle for book buyers this holiday season, promising customers it will ship items to their homes for free when they're out of stock in the company's bookstores.
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E-readers may not solve publisher woes yet

Publishers hoping to halt a slide in sales with new electronic reading devices will struggle to get consumers to embrace them until the technology improves, experts say.
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Amazon soars above Street view, shares skyrocket

Amazon.com Inc on Thursday posted quarterly profit that handily beat Wall Street estimates and said holiday sales could come in far above expectations, sending its shares up 15 percent to their highest level in nearly a decade.
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Amazon.com beats Street, may see blow-out holiday

Amazon.com Inc on Thursday posted quarterly profit that handily beat Wall Street estimates and said holiday sales could come in far above expectations, sending shares of the world's largest online retailer up 8 percent.
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Tech Round Up: Windows 7 Launches, Microsoft opens first store, Nokia sues Apple

Microsoft Corp. formally unveiled Thursday its newest operating system, Windows 7, as the software giant hopes to breath new life into its Operating System product line. Steve Ballmer said the product was a result of an intense collaboration between Microsoft and its partners - 50,000 software, hardware, and peripheral vendors, as well as 8 million beta testers.
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Barnes & Noble's $259 e-reader challenges Kindle

Barnes & Noble Inc on Tuesday unveiled its electronic reader in a challenge to Amazon.com Inc's dominant Kindle, featuring a color screen and the same $259 price, ahead of the holiday shopping season.
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Barnes & Noble e-reader has color, $259 price: report

The new electronic reader from Barnes & Noble Inc, expected to launch on Tuesday, features color, a touchscreen display and the same price tag as Amazon.com Inc's Kindle, the Wall Street Journal reported on Monday.
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Daily Tech Round Up - Oct. 16

Apple Inc is once again expected to top Wall Street's estimates when it unveils quarterly earnings next week, but it may have to truly impress to galvanize an already lofty share price.
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Google sparks e-books fight with Kindle

Google plans to launch an online store to deliver electronic books to any device with a Web browser, threatening to upset a burgeoning market for dedicated e-readers dominated by Amazon's Kindle.
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Google to launch online electronic book store

Google plans to launch an online store for electronic books in the first half of next year, offering about half a million books initially in partnership with publishers with whom it already cooperates.
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Kleiner Perkins to invest in iPhone app Shazam

Venture capital firm Kleiner Perkins on Tuesday makes its latest bet on wireless device technology, with high hopes in music recognition and iPhone application developer Shazam, joining a wave of investment in the hot mobile content and technology market.
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Book trade seeks a deal with Google

The world's book trade meets in Frankfurt next week on the brink of a long-feared transformation of the industry for which few are well prepared.

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