Mark Coker of Smashwords predicts 2013

Mark Coker Predicts Author Services Boom for 2013

News by Dean Fetzer December 26, 2012
The Smashwords founder has made some predictions for the coming year, including the warning that author services will make more money than actual books.
PayPal Threatens To Abandon Smashwords

PayPal Threatens To Abandon eBook Retailer Over Objectionable Content

News by Rob Hart February 29, 2012
PayPal is pressuring eBook retailers like Smashwords to take down content related to rape, incest, pedophilia and bestiality--and if they don't, PayPal will stop doing business with them.