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 …