Lots of misinformation here from a reporter who clearly didn't understand the medium.
The "library books for 21 days" refers to the public libraries that offer Overdrive. There are plenty of libraries with this service; check the Wiki link at the top of the forum.
The EPUB reference means that the 1 million free Google books are in EPUB format. If Sony decides to offer books for sale in EPUB, I think that'd be a bigger press release.
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