UPDATE: Barnes & Noble Opens E-Bookstore With 700,000 Titles

SAN FRANCISCO (Dow Jones)-Barnes & Noble Inc. (BKS) on Monday launched an e-bookstore offering titles that can be read on Apple Inc.'s (AAPL) iPhone and iPod Touch, Research in Motion Ltd.'s (RIMM) BlackBerry smartphones, as well as most notebook and desktop computers.

The largest U.S. book retailer said its e-bookstore will offer more than 700,000 titles, including hundreds of new releases and bestsellers for $9.99.

Unlike online retailer Amazon.com Inc. (AMZN), whose e-book strategy has largely revolved around its Kindle reading device, Barnes & link......