Microsoft invests $300 million in new Barnes & Noble 'strategic partnership

Well, that's an interesting end to all those legal tussles. Microsoft and bookseller Barnes and Noble have decided to buddy-up in the face of competitors like Amazon and Apple. The strategic partnership -- Microsoft loves 'em -- would come in the form of a new Barnes and Noble subsidiary that deals with all things Nook, in addition to its education business. The bookseller would hold onto the lion's share at 82.4 percent, with the remaining 17.6 percent in Microsoft's control. The first benefit posited would be a Nook app for the incoming Windows 8. Barnes and Noble's Nook Study software would also benefit from a friendly boost on all that Windows hardware. Maybe all those other legal matche... »read more

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