Google deal with book industry under siege

Google (GOOG) nearly had a deal all wrapped up to digitize millions of books. The search engine company had made peace with authors and publishers in a plan that was supposed to be approved by a court.

Now, several media sources are reporting that Google's plans are in trouble. A coalition including Microsoft (MSFT), Amazon (AMZN) and Yahoo! (YHOO) is trying to block Google's project to put books online.