Monday, February 11, 2013

10 Brilliant Technology Visionaries in World


William Lynch
CEO, Barnes and Noble


When folks place confidence in e-books, they usually think about Amazon. however it\'s Barnes and Noble, once the looming goliath to native book stores, that several publishers not-so-secretly hope can succeed. In recent years, it\'s struggled mightily, closing over one hundred stores and seeing its stock worth languish. However it managed to create a game changer in its Nook. Microsoft is investment $300 million with Barnes & Noble for a seventeen.6% stake in its digital e-book reader. Microsoft\'s investment values the Nook business at $1.7 billion that is over double the $792 million recent market price for all of Barnes & Noble.

Source: Fortune500

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