New York Systems

I'm David. I live in Astoria. During the day I work at a startup. Other times I visit bookstores.
This blog is my curio collection, sort of. I'll have a place of my own for essays... someday.

Kobo might have played third fiddle to Amazon and Barnes & Noble in the e-reader space, but those strings will soon carry a different tune — the company just announced it’s being acquired by Japanese e-commerce company Rakuten for $315 million. Though Kobo’s stock was distributed a few different places (founding Canadian retailer Indigo had a majority, and defunct bookseller Borders famously had 11 percent), Rakuten has agreed to buy up the lot, giving the Japanese company a line of e-readers, tablets, ebook software and an estimated 5.6 million users to call its own. (via Kobo purchased by Rakuten, the Amazon.com of Japan | The Verge)

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