Full news story on Amazon to launch virtual currency in May.
Amazon to launch virtual currency in May
Feb 06 2013
Amazon will launch its own currency in May with the debut of "Amazon Coins" (each coin is worth one cent), which Kindle Fire customers can spend in the Amazon Appstore. The online retailer said it plans to distribute "tens of millions of dollars' worth of free Amazon Coins" and also "make it quick and easy for customers to buy additional Amazon Coins using their Amazon accounts." Amazon Appstore developers will earn their standard 70% revenue share when customers make purchases using Amazon Coins.
U.S. ebook sales up in 2012, but rate of growth is slowing(May 16 2013) In 2012, trade book sales (i.e. non academic book sales) rose 6.9%, to $15.049 billion, and e-book sales continued to grow, although the rate of growth...