Microsoft buys portion of B&N’s Nook

Just a few months ago it was rumored that B&N would no longer develop the Nook, and Nook owners were worried about the fate of their devices. Today, it was announced that Microsoft had bought a 17.6% stake in the company and plans are to integrate the Nook  into the Windows operating system. On the surface this seems like exciting news, but with the advance criticism of Microsoft’s Windows 8 already making the rounds it will be interesting to see how lucrative, if at all, this deal is for B&N. Read More …

Agency pricing war of words heats up

A recent news article by paidContent.org reporting on the ongoing Attorney General investigation into Apple and the Big Five publishers’ conspiracy to fix the price of ebooks, as well as an ongoing civil class action suit, suggests a war of leaked words is the latest strategy to force a settlement. However, what is missing from these articles is that the act that triggered agency pricing — the decision by Amazon to sell ebooks at a loss — is also illegal. Called predatory pricing, it is illegal for a retailer to Read More …