More stories from Laura Hazard Owen
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txtr beagle

Berlin-based ebook company Txtr expects its no-frills e-reader, the Beagle, to retail at €9.90 or less, subsidized by mobile carriers. The five-inch Beagle runs on 2 AA batteries and has no WiFi. The device hasn’t yet launched, but here’s a video review from the blog Good E-Reader. Read more at paidContent »

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BuzzFeed announced Thursday morning that it raised $19.3 million in a fourth funding round. The round was led by VC firm NEA, with participation from Hearst, Lerer Ventures, RRE, SoftBank and Buddy Media cofounders Michael and Kass Lazerow. In total, BuzzFeed has raised around $46 million. Read more at paidContent »

Japanese Flag
photo: Flickr / Marcus Vegas

Apple will launch a fully fledged iBookstore in Japan this year. Kobo, Kindle and Google all launched Japanese ebookstores in 2012 — greasing the wheels for Apple’s launch in a country that has been slow to embrace ebooks. Read more at paidContent »

The Tribune Co. officially emerged from bankruptcy Monday with a new board including former Yahoo exec Ross Levinsohn and former Disney exec Peter Murphy. The company plans to sell off its 23 television stations, eight daily newspapers and stakes in websites like CareerBuilder.com. Read more at paidContent »

instagram

Instagram has been sued over the revised terms of service that it announced last week. The class action suit alleges that the Facebook-owned company’s new terms are a breach of contract, despite the clarifications Instagram offered. Read more »

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