Barnes & Noble Buys Microsoft Out of It's Nook Stake

Barnes and Noble has ended its partnership with Microsoft in its ongoing fight to stay solvent amidst shifting consumer behavior, competition from Amazon, and negative revenue from their struggling Nook division. In 2012, Microsoft invested $300 million into B&N’s then-new e-reader business, but, the New York Times reports, “In just over two years, the Nook business has lost... Read more.