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Amazon Plans App Store

11:40 AM -- Amazon.com Inc. (Nasdaq: AMZN) is building its own separate app store for Google (Nasdaq: GOOG)'s Android, according to reports from TechCrunch, Daring Fireball, and others.

Details are still fairly thin on the ground, but there is one potential advantage Daring Fireball expects from Amazon's store: Amazon accepts payments in more countries than Google does.

In other Amazon-and-Google news today: Amazon introduced "Kindle for the Web," which gives users the ability to read Kindle e-books in their browsers. It's seen as a move to compete with Google Books, among others, Silicon Alley Insider reports.

In other news:

  • CBS Corp. (NYSE: CBS) is adapting another Twitter feed into a sitcom, according to The Hollywood Reporter. Apparently the buzz for their first show based on a Twitter feed, $#*! My Dad Says is so positive [Ed. note: Sarcasm Alert!] they decided to also adapt a Twitter feed in which the thus-far-unidentified creator secretly Tweets the words and actions of his drunken, jobless roommate. The Twitter feed and the show are both titled Shh… Don't Tell Steve. [Ed. note: Probably someone will have to tell Steve, if it's going to be a TV show...]

  • AOL Inc. (NYSE: AOL) is apparently close to buying Michael Arrington's blog, TechCrunch, according to reports. The announcement is likely to be made at TechCrunch’s flagship conference, Disrupt, this week, and AOL CEO Tim Armstrong will probably make an appearance, GigaOM reports.

    — Erin Barker, Digital Content Reporter, Light Reading Cable

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