The Borders ebookstore (and the apps) will be rebranded under the Kobo name. Given that borders merely slapped their brand over Kobo's in the first place, it's not a major technical change. But it does say a lot about what Kobo think about Borders' odds of survival:
Borders are also getting a cut of all Kobo ebooks sold in the US (not just the ones sold by Borders), which is great because Borders desperately need the money.
I'm really beginning to wonder if the revenue cut was announced not as news but as propaganda (targeted at the company's Borders owe money to). They're trying to convince people that Borders are still a viable operation (snicker).
image by Patrick Luckow