More money for e-books, but market still slow
Investors put in $16 million more into E-Ink in the latest effort to get the e-book ball rolling.
That brings the total that the small company has raised to $150 million, according to VentureWire. The market, however, has yet to take flight. Everyone loves the idea. E-books don't consume trees and you can carry several books at once. Some believe that college textbooks will go this way.
Still, no one seems to be buying them yet. The most prominent product to use the company's technology is the Sony Reader, an electronic book from the Japanese giant. Sony has … Read more
