Barnes & Noble is cutting jobs and revenues fell again in the third-quarter earnings report released Wednesday, with the Nook segment once again taking a particularly large hit: Nook revenues were $157 million for the quarter, down 50.4 percent from a year ago. But the bookseller says it’s making progress on its goal of selling Continue Reading →
E-Books
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Barnes & Noble laid off its Nook hardware engineers, according to a source that tipped Business Insider. The engineers were let go last Thursday, according to our source. This follows Barnes & Noble dismissing the VP of Hardware, Bill Saperstein in January. Barnes & Noble confirmed that it laid people off when we asked. A Continue Reading →
Microsoft has already built Xbox Music and Xbox Video apps for Windows 8, but the next target is books. A recent Microsoft job listing, discovered by Chinese Microsoft blog LiveSino, notes that the software giant is looking to hire a software design engineer to build “a groundbreaking interactive reading app on Windows, which incorporates books, Continue Reading →
Sony, which is essentially a non-player in the U.S. ebook market at this point, is cutting its losses and shutting down its digital bookstore in the U.S. and Canada, the company reported Thursday. “Sony is withdrawing from the digital reading business in the United States,” Sony spokeswoman Maya Wasserman confirmed. The beneficiary is Kobo, which Continue Reading →