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What's buzzing in the book world today:

Twitter fiction: USA TODAY's Sabrina Treitz will tweet tonight @usatodaybooks from a storytelling showcase at the Twitter Fiction Festival. On a stage in Manhattan, seven writers, including R.L. Stine (of Goosebumps fame), will perform a variety of stories using Twitter. The festival continues all night and all day through Sunday. Tonight's showcase, beginning at 7 pm ET, will be hosted by author/comedian Sara Barron. USA TODAY, which is the festival's media sponsor, talked to Stine and Alexander McCall Smith about "twitterature."

Crowing about Rooster:The Washington Post looks at Rooster, a literary app launched this week, asking, "What if your iPhone could re-create the excitement — and convenience — of reading a novel in serial form?" Each month, Rooster plans to send two novels — a classic and a contemporary story — to a customer's iPhone "in manageable installments, according to a schedule you set yourself." Debut titles are Herman Melville's Billy Budd and a literary thriller, I Was Here, written specifically for the format by Rachel Kadish.

Prize time: George Saunders has won the inaugural Folio Prize (worth about $67,000) for his short story collection, Tenth of December, a week after winning the Story Prize. The Folio Prize celebrates "the best English-language fiction from around the world, published in the U.K. during a given year, regardless of form, genre or the author's country of origin." Tonight in New York, the National Book Critics Circle present its annual awards. Saunders is not among the five finalists for the fiction prize, which does include Donna Tartt's best-selling The Goldfinch.

Teenreads: Shelf Awareness notes that Teenreads.com has launched a feature called "REAL TALK Publishing: The People Behind the Books." It's designed to offer teens and 20-somethings (it's also on 20SomethingReads.com) information about publishing. A three-part interview with The New York Times children's book editor Sarah Harrison Smith starts the series.

Coming attractions: Check out USA TODAY on Thursday for news about John Green's best-selling novel for teens, The Fault In Our Stars. This week, it's No. 4 on USA TODAY's Best-Selling Books list, its 98th week on the list. The film version opens June 6.

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