Originally planned for rollout during the summer, the web-based Google Bookstore will finally begin selling e-books on the web.
Do we really need another online book store?
Less than two weeks ago, Google reached a "preliminary approval settlement" with the Authors Guild, the Association of American Publishers and a handful of authors and publishers over the rights to publish books and make them searchable. The timing is not a coincidence.
I do think Google (GOOG) does bring some differentiation and innovation to the market, which will bridge the gap between the Web and e-books.
Here are five reasons why Google's bookstore will change the ebook industry: More
|America's economic mobility myth|
|Snowden docs had NYTimes exec fearing for his life|
|The economy: The 2014 outlook|
|Where should you put your money now?|
|FHA to pull back on big mortgages|