Facebook buys Push Pop Press, innovators in epublishing, but plans to use technology on their social platform rather than in ebooks:
This Is Why We’ll Never Have Innovative E-Books
Tim Carmody's article sees this as a loss to the development of ways of publishing ebooks that go beyond simple text.
Do innovations in epublishing beyond text excite you as an author or as a reader?
Is Facebook's (or social media's in general) redirection of talent and resources good or bad for innovation in the publishing space?