Items tagged with (NYSE: BKS)
Despite the upheaval and ensuing rumors Barnes & Noble endured this summer, the bookseller is showing signs of being committed to its NOOK platform. For one thing, the company recently launched new NOOK hardware in the form of the GlowLight. For another, it updated the NOOK app to take advantage of some cool new features in Windows 8.1. Neither move screams “NOOK forever!” but they’re encouraging signs. The updated NOOK app now supports interactive magazines, which hardware NOOKs have done for years. The app also lets you import and display ePub and PDF files from your SkyDrive and can open a document at your last viewed page. Barnes & Noble also improved search in the...
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"Wait just a moment, will you?" That's a question being posed by Barnes & Noble, which has come out swinging to address prior rumors that the Nook hardware business was being phased out completely. The bookseller has been mired in difficulties over the past few years, as the digital age weighs heavy on its traditional paper business. But the Nook has seemingly been a bright spot in the lineup, and despite competition from Amazon and tablet makers the world over, it appears that the Nook business has life left in it. The company's latest financial report makes clear that "new Nook products are planned," and it is "confirming" its commitment to Nook: both the device and content sides of the...
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Being in charge of a brick-and-mortar bookstore chain in this day and age of digital media is no easy task. If you don't want to take our word for it, then ask William Lynch, the former Chief Operating Officer (CEO) of Barnes & Noble who on Monday resigned from his position effectively immediately. He's also stepping down as the company's director. Lynch parts ways with B&N following a three-year stint with the company during which time the transition from offline to online sales has been rocky at best. When talking about the tablet category, most of the attention is paid on Amazon's Kindle Fire line and Apple's iPad family, while sales of B&N's Nook tablets saw a 34 percent decline...
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It’s no secret that, despite aggressive marketing last holiday season, Barnes and Noble’s Nook business has suffered. Now, rescue may be coming, in the form of Microsoft. TechCrunch recently reported that Microsoft may be seeking to buy the Nook business for as much as $1 billion. Obviously, the thought of Microsoft buying the Nook begs the question: will Microsoft let the Nook continue to be an Android-based device? Microsoft already has a 17-percent investment in the Nook portion of Barnes and Noble’s business, but if Microsoft takes full ownership of the Nook, things might change drastically. Although nothing has been announced officially, Microsoft may not keep the ebook...
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