- 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 Financial Times Ltd 2014 FT and 'Financial Times' are trademarks of The Financial Times Ltd.