Search Results : Nook

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Nook Takes a Hit: Microsoft Pulls Investment & Division Sees 41.3% Drop in Revenues

4 months agoMedia / Publishing : GalleyCat

Barnes & Noble released its earnings report for its fiscal 2015 second quarter today, and things don’t sound great for the company’s Nook business. The Nook division reported $64 million in revenue for the quarter, which marks a 41.3 percent decrease from the comparable quarter last year. Show More Summary

Barnes & Noble, Microsoft end Nook partnership

Barnes & Noble and Microsoft are "consciously uncoupling” to the tune of about $125 million in cash and stock.

Barnes & Noble ends its Nook partnership with Microsoft

For a long while, it looked as if Microsoft and Barnes & Noble would become more than just firm friends. The pair had been entangled in a similar partnership that the software giant had with Nokia, throwing $300 million to support the ailing booksell...

Barnes & Noble shares tumble as it preps for Nook spin-off

Also, company and Microsoft terminate deal in which the software giant pledged to invest as much as $605M in Nook business

The Rise and Fall of the Nook

Two years after Microsoft invested $300 million in the e-reading business, the value of the Nook has declined by more than half.

Turning the page: Barnes & Noble ends Nook partnership with Microsoft

It was the best of times, it was the worst of times Barnes & Noble has agreed to buy back Microsoft's stake in its Nook division, just more than two years after the companies first entered into a commercial agreement. The move, announced...Show More Summary

Barnes & Noble Ends Partnership With Microsoft Over Nook

The company, which has struggled to compete with Amazon and other online retailers, said it had bought out Microsoft’s entire preferred interest in its Nook e-reader business.

Microsoft and Barnes & Noble terminate their Nook Media deal

Microsoft and Barnes & Noble officially are cancelling their Nook Media joint venture, with no new Windows or Windows Phone e-reading apps in sight.

Barnes & Noble Takes More Nook Knocks As Microsoft Exits $300M Partnership

Barnes & Noble continues to tell a sad story this morning. Shares plummeted 13% in opening trading after it said that Microsoft bailed out of a 2012 partnership designed to bolster the book chain's Nook e-reading line — and unveiledShow More Summary

Barnes & Noble Will Buy Back Microsoft’s Share Of The Nook Business

At first upon hearing that Barnes & Noble will be buying back the stake Microsoft bought in its Nook business in 2012, one might have the idea that Barnes & Noble really believes in the Nook again. But no, it’s just bringing the e-reader business back into the fold so it can prepare to spin it off in a sale … [More]

With Nook Device Sales Down 60% On The Year, B&N And Microsoft End Partnership

4 months agoTechnology : TechCrunch

Barnes & Noble today announced the termination of its commercial agreement with Microsoft surrounding the Nook business. This comes alongside word that Nook device sales and segment revenues fell sharply year over year. B&N states that...Show More Summary

B&N to buy back Microsoft's stake in Nook biz

Barnes & Noble Inc., the largest U.S. bookstore chain, will buy back Microsoft Corp.'s stake in its Nook business as the company prepares to spin off the e-reader unit. The separation of the... To view the full story, click the title link.

Barnes & Noble and Microsoft call off their Nook partnership

4 months agoWeb / Web Videos : NewTeeVee

In the middle of yet another disappointing earnings report Thursday, Barnes & Noble also announced that it's terminating the strategic partnership it formed with Microsoft in 2012. That partnership had combined…

Microsoft sells its Nook stake back to Barnes & Noble for $62.4M and 2.7M shares

Microsoft’s deal with Barnes & Noble is now kaput. In 2012, Microsoft dropped $300M for a 17 percent stake in Barnes & Noble’s somewhat promising Nook business. Today, the companies announced in a filing with the SEC that Microsoft will sell back its stake for “$62,425,006.63 in cash and 2,737,290 shares of common stock.” Barnes & Noble detailed its rationale […]

Barnes & Noble To Buy Microsoft's Stake In Nook Business

(Reuters) - Bookseller Barnes & Noble Inc said it would buy Microsoft Corp's 17 percent stake in its Nook business, comprising e-readers, e-books and college bookstores. The company said its total revenue fell 2.6 percent to $1.69 billion in the second quarter, hurt mainly by its Nook business. Show More Summary

Got an old Nook? Trade it in at Barnes & Noble for tablet discounts

Barnes & Noble is offering a $30 discount on its latest a Samsung Galaxy Tab 4 Nook to some customers who trade in their old Nooks. Through Jan. 17 of next year, the retailer will accept used models of the Nook 1st Edition, Nook Color and Nook Tablet for store credit. Show More Summary

Turn your city into a swarm of robot farms

A California company is fixing to fill up urban nooks and crannies with plugin farming systems.

Damn, President Obama's 3D Portrait Is Realistic 

4 months agoTechnology / Gadgets : Gizmodo

The Smithsonian recently created a 3D portrait of President Obama, using 50 custom-made LED lights, eight hi-res sports photography cameras, and six wide angle cameras to capture every nook, cranny, and worry line on Obama's head. The result is the highest resolution digital model of any head of state in the world, so suck on that, Merkel! Read more...

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