Microsoft reportedly trying to buy Nook ebook ecosystem for $1 billion
Microsoft reportedly trying to buy Nook ebook ecosystem for $1 billion
                       

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Microsoft Mulling Nook Media LLC Purchase For $1 Billion

techcrunch.com
New Microsoft is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors, according to internal documents we’ve obtained. In this plan, Microsoft would redeem preferred units in Nook Media, which also...
Microsoft Mulling Nook Media LLC Purchase For $1 Billion

Why Adobe's big cloud bet really isn't a huge gamble at all

gigaom.com
Adobe’s decision to go all-in with a cloud version of its Creative Suite and dump the packaged software that accounts for most of its $4.1 billion annual revenue really isn’t as revolutionary as some portrayed it. Here’s why. First, the new Creative Cloud subscription version, as GigaOM commenters pointed out, must...
Why Adobe's big cloud bet really isn't a huge gamble at all

With 4M users, Hipstamatic unveils Oggl, a standalone iOS social networking app for your best photos

thenextweb.com
Hipstamatic, the makers of a self-titled iOS photo app that competes against Instagram, is unveiling a brand new standalone app called Oggl. The company seeks to evolve its three year old service and provide a new experience that doesn’t center around adding more filters, but will help engage its 4...
With 4M users, Hipstamatic unveils Oggl, a standalone iOS social networking app for your best photos

Electronic Arts beats street for Q4 on decent game sales with $1.04 billon in revenue and EPS of $0.55

thenextweb.com
Today Electronic Arts (EA) reported its fourth quarter financial performance, including revenue of $1.04 billon and earnings per share of $0.55. Analysts had expected the company to earn $0.50 per share on revenue of $1 billion. With analyst expectations beat by a margin, EA is doing slightly better than expected, but that doesn’t mean...
Electronic Arts beats street for Q4 on decent game sales with $1.04 billon in revenue and EPS of $0.55

SoftBank CEO promotes 4G expertise ahead of Sprint shareholder vote

www.electronista.com
SoftBank's CEO is continuing to talk-up his company's $20.1 billion offer to buy out Sprint, by claiming SoftBank's experience with 4G will help the US carrier. Network enhancements, such as SoftBank's single frequency network technology for reducing interference, will help Sprint in the long run alongside other benefits, according to...
SoftBank CEO promotes 4G expertise ahead of Sprint shareholder vote

How Facebook Helped Screw Up P&G's Ad Budget (PG, FB)

www.businessinsider.com
A year ago, Procter & Gamble CEO Bob McDonald told Wall Street that a key part of his cost-savings program would include cutting 5,700 jobs and using more social media like Facebook and Google, which deliver "free" ad impressions. He hoped to chop $1 billion in costs off P&G's massive...
How Facebook Helped Screw Up P&G's Ad Budget (PG, FB)

ATG Founders Aim To Turn Company-Building Into A Science With Their New 'Venture Foundry' Redstar

techcrunch.com
Jeet Singh and Joe Chung have already had a nice exit, taking their enterprise software company Art Technology Group public (it was acquired by Oracle for $1 billion back in 2010). Now they’re hoping to turn the act of building successful startups into a “repeatable process,” through their new firm...
ATG Founders Aim To Turn Company-Building Into A Science With Their New 'Venture Foundry' Redstar

Apple surges to No. 6 on the Fortune 500 list, leading all tech companies

www.geekwire.com
Apple is already considered the biggest company on the planet in terms of market value — clocking in at $433 billion despite a 13 percent stock slide so far this year. But the maker of iPads and iPhones also is surging up the charts when it comes to the Fortune...
Apple surges to No. 6 on the Fortune 500 list, leading all tech companies

Facebook debuts on the Fortune 500 list, 12 spots ahead of Yahoo

thenextweb.com
Facebook debuted on the Fortune 500 list at spot number 482. Yahoo came in 12 spaces behind, at 494. The Fortune 500 list is comprised of the 500 largest United States-based companies, ranked by revenue, not profits. For the most recent list, Facebook’s listed $5.1 billion in revenue bested Yahoo’s...
Facebook debuts on the Fortune 500 list, 12 spots ahead of Yahoo
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