- Barnes & Noble unveiled its challenge to Amazon’s Kindle e-book service with an expanded online store selling more than 200,000 e-book titles for both laptop computers and mobile devices. The chain also said it would provide the e-book store for a wireless portable e-reader being developed by Plastic Logic that is scheduled for launch next year.
- Texas Instruments, the second largest US chipmaker, reported a surge in demand for its products in the second quarter as it beat revenue and profit expectations. Following Intel’s positive outlook last week, TI gave another boost to the tech sector, forecasting solid growth in the current quarter.
- The European Union is taking a closer look at how Google‘s book-scanning project might affect authors’ and publishers’ copyrights. In October Google agreed to pay $125m to settle a dispute with authors and publishers in the US, and the EU is seeking comments on how that settlement might affect its 27 member nations.
- EMC has acquired a majority stake in Data Domain following the conclusion of a bidding war with NetApp. EMC now has 83.1 per cent of Data Domain shares, and expects to complete the acquisition once it has at least 90 per cent of shares. EMC also said that Data Domain would be the centre of a new de-duplication division within the company, to be led by Data Domain chief executive Frank Slootman.
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