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Reports: Apple Loses E-Book Antitrust Appeal
Tuesday, June 30, 2015 - 4:17pm | 346Apple Inc. (NASDAQ: AAPL) lost its appeal of a 2012 antitrust case concerning e-book publishing and may be forced to pay a $450 million settlement, according to multiple reports The settlement was reached in 2014, but was contingent on Tuesday's ruling by the 2nd U.S. Circuit Court of...
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Barnes & Noble Resolves Dispute with Simon & Schuster
Tuesday, August 20, 2013 - 1:56pm | 499After an eight-month battle, CBS (NYSE: CBS) owned Simon & Schuster and Barnes & Noble (NYSE: BKS) have called a truce. The Wall Street Journal reported Monday that the two companies issued a joint statement announcing that they had “resolved their outstanding business issues.” Those...
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Amazon Should Root for Barnes & Noble to Stay Afloat (AMZN, BKS)
Monday, July 15, 2013 - 4:15pm | 547If Barnes & Noble (NYSE: BKS) goes down, Amazon.com (NASDAQ: AMZN) will feel the pain. It may sound counter-intuitive, but according to The New York Times, it’s true. The theory, born out by recent history in the book business, is that when customers lose the opportunity to browse at a...
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The Next E-Book Evolution: Soundtracks for Novels
Wednesday, August 24, 2011 - 11:11am | 236This startup is attempting to bring a new dimension of audio to the books you read – at the pace you read them! Have you ever thought that books should have a soundtrack? No? That's because books were traditionally printed on paper, and paper doesn't have the ability to emit audio (not yet at...
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Largest Institutional Holder Cuts Stake in Barnes & Noble (BKS, WMT, AMZN)
Tuesday, April 26, 2011 - 2:09pm | 295Five years ago, shares of Barnes & Noble (NYSE: BKS) were trading at $38.56. Today, they are trading at $9.95. Being an investor in Barnes & Noble has not been pleasant lately, as the invention of E-Books has significantly cut into the profits of the brick-and-mortar bookstore. Shareholders...