Borders has no plans for own e-book reader

Book retailer Borders Group will not build and sell its own e-book reader, the company’s chief executive said recently. Instead, it will partner with Kobo on an e-book service and make its wares compatible with as many existing e-book readers as possible. The service is due to launch in the spring of 2010. Borders owns 20 percent of Kobo, which is a spin-off of Canadian book chain Indigo Books & Music….

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