Amazon plans to buy social network for book fans

(Reuters) - Amazon.com Inc said on Thursday it plans to acquire the book recommendation website, Goodreads. In buying Goodreads, Amazon gets a community of bibliophiles primed to buy and recommend books - one of its key areas of business. "Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world," Russ Grandinetti, Amazon vice president, Kindle Content, said in a release. Based in San Francisco, Goodreads is a social network site that lets bookworms catalog and review books. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/amazon-plans-buy-social-network-book-fans-211924969--finance.html