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Barnes & Noble's Color Nook: Tech Bytes

News of Barnes & Noble's announces new color Nook e-reader kicks of the morning tech news.
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NEW YORK (TheStreet) -- In an effort to better compete against Apple's (AAPL) - Get Apple Inc. Report iPad, Barnes & Noble (BKS) - Get Barnes & Noble, Inc. Report unveiled a new color version of its Nook e-reader Wednesday.

The new Nook goes for $249 -- about half as much as an iPad, but twice as much as

Amazon's

(AMZN) - Get Amazon.com, Inc. Report

Kindle.

The new Nook is available for pre-order on Barnes & Noble's website and ships Nov. 19. Shares of Barnes & Noble closed Tuesday at $14.98.

PayPal

announced via blog late Tuesday integration plans with

Google's

(GOOG) - Get Alphabet Inc. Class C Report

Android Marketplace for app purchases, although the news was quickly pulled off its company blog. The official

PayPal/Android announcement

is expected to take place late Wednesday.

PayPal also announced a new micropayments service that makes buying digital goods easier, and a new integration with

Facebook.

LimeWire

TheStreet Recommends

, a music file sharing service, was forced to shut down after a federal judge in New York issued an injunction Tuesday. The company has been in a four-year legal battle with the Recording Industry Association of America, which said LimeWire has cost the music industry hundreds of millions of dollars in revenue.

Apple said Tuesday that its

white iPhone

will not be available until next spring, not at the end of the year as the company previously announced. Apple did not give a reason for the delay. Sales of Apple's black iPhone rose to 14.1 million units in the most recent quarter.

Shares of Apple rose 0.31% in premarket trading Wednesday morning to $309.00.

IBM's

(IBM) - Get International Business Machines Corporation Report

board approved an additional $10 billion in stock buybacks Tuesday, which comprises up to 6% of the company's outstanding shares.

IBM closed Tuesday at $140.67; the company's stock has increased almost 5% in the last month.

--Written by Olivia Oran in New York.

>To follow the writer on Twitter, go to

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