In the late 1990s, companies like Peanut Press began offering eBooks content for reading on personal digital assistants (PDAs), portable devices that were the precursors to today’s smartphones and tablet computers, and the sector for buying e-books became a mainstream business. However, with the dot-com disaster of 2000–2002, e-books were not widely accepted by the publishing business, and investment in e-reading devices and e-book technology began to decline. The rebirth of the business may have started when Sony Corporation produced an e-reading device in 2006 and Amazon.com released the Kindle in 2007, following which e-book sales in the United States exploded.

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