With Declining Nook Sales, B&N Says Lynch Out As CEO, Huseby Steps Up, Big Strategic Review Planned | TechCrunch: "Where will this ultimately go? Don’t forget that we heard a while back that Microsoft was eyeing up a $1 billion purchase of Nook Media, so a sale to someone, somewhere, could be in the wings. Barnes & Noble owns 78% of the tablet and e-reader division, with Pearson and Microsoft the other shareholders."
For Apple, a Tough Legal Road Grows Longer - Law Blog - WSJ: "The verdict also clear the path for a consumer class action. Consumers would have less to prove now that a federal Manhattan judge has said that the government proved Apple “played a central role in facilitating and executing” a conspiracy. Under federal law, they would have to establish that they were direct purchasers of e-books who paid too much because of an illegal pricing scheme. “The verdict clearly makes a lawsuit more valuable,” said Mr. Hovenkamp. A group of state attorneys general are seeking damages on behalf of consumers in their states. But a private lawsuit could also be filed on behalf purchasers in other states, according to Steven Semeraro, a professor of law at Thomas Jefferson School of Law."
NEW YORK: NY judge: Apple conspired to raise e-book prices - Technology - MiamiHerald.com: "She (Judge Denise Cote) quoted (Steve) Jobs, who died in 2011, as saying he understood publishers' concerns that Amazon's $9.99 price for new releases was eroding the perceived value of their products and that Apple was willing to try pricing e-books at $12.99 and $14.99. She noted that Jobs bought an e-book for $14.99 at the launch of Apple's e-book store and told a reporter that day that Amazon's $9.99 price for the same book would be irrelevant because soon all prices will "be the same.""
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