Microsoft and Barnes & Noble have teamed up to compete against Apple and Amazon in the eBooks business. The new partnership sees Microsoft investing $300 million in a new Barnes & Noble subsidiary. The $300 million investment in the Nook subsidiary of Barnes & Noble gives Microsoft about 17.6 percent ownership of this business unit. …
Tag Archives: nook
The rise of e-reading in America
28% of Americans age 18 and older own at least one specialized device for e-book reading – either a tablet or an e-book reader. The holiday season saw a huge boost in ownership for both e-readers and tablets. Both jumped 9%, meaning that nearly one in ten Americans received a device over the holidays. The …
King for a day: The internet finally takes down books, cd's, and dvd's
Rumors are swirling that Borders bookstores is shutting down 400 stores and laying off 11,000 employees. Which may be the kill shot from the internet we have been talking about for years. First, it stinks that several thousand folks are going to be out of work. I always liked bookstore employees because they are the …
Continue reading “King for a day: The internet finally takes down books, cd's, and dvd's”
King for a day: The internet finally takes down books, cd’s, and dvd’s
Rumors are swirling that Borders bookstores is shutting down 400 stores and laying off 11,000 employees. Which may be the kill shot from the internet we have been talking about for years. First, it stinks that several thousand folks are going to be out of work. I always liked bookstore employees because they are the …
Continue reading “King for a day: The internet finally takes down books, cd’s, and dvd’s”