You may be wondering why we would publish a story about a bookstore opening in New York. Well, that’s a fair question. The reasons are varied, but the most important ones are that this bookstore is selling Sci-Fi books exclusively, which we love, and, more importantly, is trying to save older, out of print books from disappearing forever.

We think that’s worth a mention.

According to an excellent article over at The Verge, the bookstore in question, located in Brooklyn’s DUMBO neighborhood and called Singularity & Co., opened its doors recently with the intention of bringing new and classic sci-fi novels to anyone who wants to read them.

What started as a Kickstarter campaign to find forgotten, out of print sci-fi books, digitize them, and sell them as e-books has grown into a full brick and mortar store. They still offer the eBooks, which you can subscribe to here, but now seek out rare and classic sci-fi books still in print to sell at the store.

In addition, founder Ash Kalb is also hoping to reprint some of the older, out of print books and pay actual royalties to the original writers. He’s working on the details right now and negotiating with publishers to get this going. We think that’s pretty cool too.

So, if you love Sci-Fi and love books, you should be clicking on the link and supporting this good cause. For more, check out the Singulairy & Co. video after the break.

In what will most likely amount to very little when competing with the dominance of the iPad and Kindle, Microsoft and Barnes & Noble today announced the formation of a new partnership. Said partnership will combine B&N’s Nook and College business into an as yet unmamed subsidiary with Microsoft investing $300 Million to help get it up and running.

“The formation of [this new subsidiary] and our relationship with Microsoft are important parts of our strategy to capitalize on the rapid growth of the NOOK business, and to solidify our position as a leader in the exploding market for digital content in the consumer and education segments,” said William Lynch, CEO of Barnes & Noble. “Microsoft’s investment in Newco, and our exciting collaboration to bring world-class digital reading technologies and content to the Windows platform and its hundreds of millions of users, will allow us to significantly expand the business.”

That sounds good. Snarky comment at the top of this post aside, as much as we like Apple and its products around here, a little competition is good for everyone — especially consumers. So, we wish Microsoft and B&N luck with their new Nook adventure.

For me details, check out Barnes & Noble’s full press release after the break.

If you’ve wondered why eBook prices always seemed so high even though you were just buying a digital copy of a book, now we might have at least part of the answer. In a move that surprised almost nobody who follows this kind of thing, the U.S. Justice Department has today filed an antitrust lawsuit against publishers including Hachette Book Group, HarperCollins, Macmillan, Penguin and Apple alleging the companies conspired to fix electronic book prices.

According to the suit, the government wants publishers to let Amazon and other retailers decide what to charge customers, based on the wholesale price of the product. At the moment, publishers decide what price eBooks will be sold for.

This would, in theory, allow for more competition and see better pricing for consumers. Something, if true, most consumers would probably agree is a great idea.

What it will really mean is anyone’s guess at this point. You can bet Apple and other publishers will defend this suit with everything they have so don’t expect this to be resolved anytime soon.

With all the ways available to be entertained and pass the time, people still like to read. In fact Amazon is betting you’ll want at least one more way to read eBooks you’ve purchased from them and have today debuted a brand new way to do it: the web-based Kindle Cloud Reader.

This new service provides users with access to their entire Kindle library using Chrome or Safari on Mac, PC, Linux and the Chromebook. Kindle Cloud Reader is also optimized for the iPad and offers a caching feature for offline reading, which is nice.

To get started, go to http://read.amazon.com and, when prompted, install the required plug-in. That’s pretty much it. I gave the service a try late last night and liked it. It’s another great way to read your Kindle content if you don’t have your ipad or Kindle handy.

Although, I still prefer the Kindle for reading or, in a pinch, the iPad Kindle App. Still, it’s nice to see Amazon continuing to innovate in this area and also potentially find ways to get around Apple’s sometimes difficult iTunes Store rules. Can’t blame them for that.

For more details, click through for the full press release.

Late yesterday, Amazon announced that Kindle customers will soon be able to borrow eBooks from more than 11,000 U.S. libraries. Amazon’s Kindle Library Lending project will enable users to check out eBooks from local libraries and then read them on their Kindle or on any device with Amazon’s free eReader software installed.

But wait, that’s not the only cool thing about this service. Unlike traditional libraries, which don’t allow borrowers to write in books, with this new service readers can make notes and highlight as much as they want. “We’re doing a little something extra here,” said Jay Marine, director of Amazon Kindle.

“Normally, making margin notes in library books is a big no-no. But we’re extending our Whispersync technology so that you can highlight and add margin notes to Kindle books you check out from your local library. Your notes will not show up when the next patron checks out the book. But if you check out the book again, or subsequently buy it, your notes will be there just as you left them, perfectly Whispersynced.”

Sounds pretty cool, right? I wonder if this will in any way help save libraries? Or, will this cause them to be obsolete faster? Either way, its a nice feature for Kindle owners. It would be nice if this could aslo help keep libraries around longer. We’ll see.

Also, what will this mean for the Amazon tablet rumored to be launching later this year? My guess is they will probably hit around the same time.

Amazon is working with OverDrive on its Kindle Library Lending program, which it says will launch later this year. Click through for the full press release from Amazon.