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Amazon has taken the unusual step of releasing a short message about the Kindle Paperwhite’s “limitations”, which include a lack of audio and Text-to-Speech functionality, uneven light on the bottom of the screen, and a limited amount of storage.

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The outspoken Amazon CEO, Jeff Bezos, revealed yesterday that Amazon makes no profit on Kindle devices. He explained in a BBC interview that the aim is to get Amazon’s tablets and e-readers into as many hands as possible and then generate profit by selling content.

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The Kindle Paperwhite is popular. So popular in fact, that unless you’ve already preordered it, you won’t be able to get your hands on it until October 22. While you wait for your order to arrive, Amazon has released a video that shows off some of the technology inside the Kindle Paperwhite.

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Google’s just announced a new update to their Google Play Books application that finally makes it somewhat comparable to the competition. Starting today, people who buy books from the Google Play Store will be able to define words, which comes in handy when you’re reading about a complicated topic; see places on a map, so say for example you’re reading something about Mali, you can finally see where that is; and best of all you’ll now be able to highlight and scribble in the margins, just like you’d do in a real book.

(Image credit: The Verge)

We’ve heard of how Amazon is positioning itslef as a leader in the mobile industry through its content business. While the Kindle lineup has been a popular low-priced tablet due to its integration of e-books and content, here’s a significant piece of news that competitors should watch out for. Amazon will soon offer in-app purchases of real-world goods.

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Amazon’s press conference was surely a demonstration of how you should handle such a public event. Of course, we did see a lot of bragging from the Kindle makers, but, unlike other similar events, this one seemed more organized and focused, lacking any attacks towards the competition and only concentrating on what was on show.