Amazon continues to promote the Kindle as a portable book by signing prominent authors to exclusive distribution agreements and by expanding the market to newspapers.
"It is now only a matter of time until absolutely all books become available, and properly formatted, for mobile phones. Google, an internet giant that has been scanning and digitising books for inclusion in its search engine, now offers thousands of books that are in the public domain free on mobile phones. It seems likely that, eventually, only books that have value as souvenirs, gifts or artefacts will remain bound in paper."
See the whole article at The Economist here
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