Amazon, Barnes & Noble | featured news

Revenue at Barnes & Noble stores fell 10.9% during the holidays, as sales of Nook devices slipped, a sign that the retailer is falling behind in the tablet battle with Amazon, Apple and Google.

Barnes & Noble Inc. (BKS) (BKS), the largest U.S. bookstore chain, introduced a Nook e-reader with a screen that glows in the dark, challenging Amazon.com Inc. (AMZN) (AMZN) at a time when prices for digital books may start falling.

Both Barnes & Noble and Kobo have introduced nearly identical e-readers that are clearly intended to embarrass the industry leader, the Amazon Kindle.

Amanda Hocking, the 26-year-old author who shot to fame by selling more than a million copies of her self-published books, has signed up with a traditional publisher for her next series.St. Martin’s Press, part of Macmillan, will publish Ms. Hocking’s “Watersong” series, four books in the young-adult paranormal genre.A heated auction for the rights to publish her books began early last week, and several major publishers, including Random House, Simon & Schuster and HarperCollins, dropped out as the price climbed into the seven figures.