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...just a bookstore. As numerous publishing journalists and bloggers have pointed out, Amazon has diversified itself so comprehensively over the past five years that it's hard to say exactly what it is anymore. Amazon has a presence in almost every niche of the book industry. It runs a print-on-demand service (BookSurge) and a self-publishing service (CreateSpace). It sells e-books and an e-device to read them on (the Kindle, a new version of which, the DX, went on sale June 10). In 2008 alone, Amazon acquired Audible.com a leading audiobooks company; AbeBooks, a major online...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

...Your dedication to your children reads, "If you don't want to see it in print, don't do it." Is that a threat? Have you talked about doing another book? Oh no, no, no. I'm done. I was writing about a period of their lives of which they have no memory. This book is like a little document that fills in a gap in their lives that they would otherwise know nothing about. The two that can read have read it - it's like they're reading about Martians; they don't [remember] any of the stuff they...

Author: /time Magazine | Title: Michael Lewis on Father's Day | 6/19/2009 | See Source »

...three years to hammer out and spans 135 pages excluding attachments, Google will be allowed to show up to 20% of the books' text online at no charge to Web surfers. But the part of the settlement that deals with so-called orphan books - which refers to out-of-print books whose authors and publishers are unknown - is what's ruffling the most feathers in the literary henhouse. The deal gives Google an exclusive license to publish and profit from these orphans, which means it won't face legal action if an author or owner comes forward later. This, critics...

Author: /time Magazine | Title: Librarians Fighting Google's Book Deal | 6/17/2009 | See Source »

...accretion of tweets, the way hundreds of thousands of pixels form a detailed and complex digital image. Twitter underscores Marshall McLuhan's famous aphorism that the medium is the message--the idea that technological form shapes and determines the culture. McLuhan challenged the traditional notion that content--whether in print, in film or on television--is automatically more significant than the medium through which it is delivered. What we now accept is that the medium changes the nature of what, and how, we communicate. Twitter does that...

Author: /time Magazine | Title: Technology and Culture | 6/15/2009 | See Source »

...currency. But the U.S. Treasury Department was no match for Art Williams, one of the most inventive and prolific counterfeiters of recent decades. After learning the craft at 16 from his mother's boyfriend, Williams, the product of a tough neighborhood on Chicago's South Side, went on to print an estimated $10 million in fake money by outmaneuvering the government's ever-tightening security measures. Color-changing ink was replicated by automotive paint; watermarks were painstakingly sketched by hand; a close copy of the secret paper came from leftover newsprint rolls made at local mills. Williams had a successful...

Author: /time Magazine | Title: The Art of Counterfeiting Money | 6/15/2009 | See Source »

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