Facebook e-commerce: The next big thing?

A group of e-commerce start-ups, backed by some of the tech world`s most pedigreed financiers, are betting that Facebook Inc can become an e-commerce powerhouse to rival Amazon.com Inc and eBay Inc.

Amazon to launch digital-book library service

Amazon is in talks with publishers for launching a Netflix like service for digital books, where customers would pay an annual fee to access a library, says a media report.