Fortune's curated selection of tech stories from the weekend. Sign up to get the round-up delivered to you each and every day.
Barnes & Noble CEO William Lynch.
* Once the "brutal capitalist" of booksellers, Barnes & Noble (BKS) now finds itself the David to Amazon's Goliath. Can CEO William Lynch navigate the company and its well-received Nook readers to long-term success? The New York Times takes a look and also reveals that a new Nook is likely coming this spring. (The New York Times)
* Facebook could file to go public this Wednesday, raising some $10 billion at a valuation of between $75 billion and $100 billion. If true, Facebook's could be considered the largest tech IPO ever. (Fortune)
* Former Research in Motion (RIMM) co-CEO Mike Lazaridis on the challenging decision to step down from his role with the company after 27 years. Though Lazaridis is still on the company board and will chair the board's new innovation committee, he won't be involved in day-to-day operations. "Stepping aside, as a founder, after 27 years, I would be lying if I said that wasn't emotional for me, and for my whole family." he said. (The Record)
* Not everyone in Silicon Valley is benefiting from the tech boom. Some older tech professionals are finding it hard to get work as many rising startups simply focus on younger applicants or applicants with skill sets that better align with their needs. (The New York Times)
* Bill Gates on his complex relationship with Steve Jobs: "There was no peace to make. We were not at war. We made great products, and competition was always a positive thing. There was no [cause for] forgiveness." (The Telegraph)
* Thanks to husband and wife team Kate Imbach and Tom Conrad, Silicon Valley finally joined the "Sh*t [insert name] Says" viral video genre last week. But is the video accurate or off-the mark? You decide.
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Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
* Barnes and Noble (BKS) may spin off its Nook e-reader business, news that came as a surprise to many. The company slashed its fiscal 2012 guidance and now expects sales of $7.1 billion instead of the $7.3 billion forecast. The reason? Lower-than-expected sales of its Nook Simple Touch. (CNNMoney)
* Over at MORE
JP Mangalindan, Writer-Reporter - Jan 6, 2012 12:11 PM ET
Likely to leave the field to Apple, Amazon and Barnes & Noble, according to DigiTimes
Source: Company reports
Taipei-based DigiTimes, which has been churning out rumors from Asian electronics parts suppliers as fast as its correspondents can type, reported Thursday that unnamed "sources from upstream supply chain" believe that PC makers such as Hewlett-Packard (HPC), Dell (DELL), Acer and Asustek will "gradually phase out" of the tablet market.
According to DigiTimes:
With Amazon offering its MORE
Philip Elmer-DeWitt - Nov 18, 2011 6:25 AM ETBarnes and Noble's Nook Tablet is a beautifully designed device that sports a slick interface. Too bad it costs so much and lacks for extras.
FORTUNE -- Barnes & Noble is not in an enviable position. Its new Nook Tablet is launching in the shadow of Amazon's Kindle Fire, a device many reviewers -- myself included -- think is likely to take second place behind Apple's dominant iPad. (In fact, I MORE
JP Mangalindan, Writer-Reporter - Nov 15, 2011 8:19 PM ET
Apple and Amazon are fighting over the tablet market and Barnes & Noble doesn't want to be left out. But can its new device breathe life into its efforts?
From left: Nook Simple Touch ($99), Nook Color ($199), and the new Nook Tablet ($249).
FORTUNE -- Not content to let Amazon hog the spotlight this holiday with the Kindle Fire, Barnes & Noble unveiled the Nook Tablet, a hardware update MORE
JP Mangalindan, Writer-Reporter - Nov 8, 2011 7:35 AM ET
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.
* Barclays analyst Ben Reitzes met with Apple (AAPL) CEO Tim Cook and CFO Peter Oppenheimer. According to Reitzes, the company believes Amazon's Kindle Fire tablet could actually be good for them, fueling further fracturing, or fragmentation, of the Android platform and driving potential consumers to the iPad. (Business MORE
JP Mangalindan, Writer-Reporter - Nov 4, 2011 3:30 AM ETAnalysts and pundits expected a single competitor to Apple's iPad. Instead, they got a quartet of new devices ranging in price and functionality.
FORTUNE – It's official: Amazon didn't just have one new Kindle in the works, but four -- nearly one for every user scenario. The widely anticipated iPad competitor ended up being a quartet: the Kindle Fire, sporting a color screen and multimedia functionality; two flavors of the Kindle Touch, MORE
JP Mangalindan, Writer-Reporter - Sep 28, 2011 2:48 PM ET
Think the popular game has peaked? These astonishing stats may make you think twice.
From left: Pandora's Tony Conrad, Rovio North America General Manager Andrew Stalbow. Photo: JP Mangalindan/Fortune
FORTUNE -- Angry Birds is the game franchise that just keeps on giving.
Some wonder whether the casual video game's popularity has peaked. Rovio's General Manager for North America, Andrew Stalbow, thinks otherwise. Today, Stalbow revealed that there have been 350 million Angry Birds downloads MORE
JP Mangalindan, Writer-Reporter - Sep 12, 2011 2:24 PM ET
It's not an iPad, or even a Nook Color. But that's the whole point of Barnes & Noble's newest e-reader: it's not supposed to be.
FORTUNE -- Just six months after launching its well-received Android-based Nook Color tablet, Barnes and Noble (BKS) unveiled a major hardware update to the original e-ink-based Nook e-reader that cuts down on bulk, weight, and physical buttons.
Here's the important thing to note right off the bat MORE
JP Mangalindan, Writer-Reporter - Jun 15, 2011 10:31 AM ET
Jeff Bezos's strategy of giving customers the best e-reader and e-bookstore possible is paying off for Amazon -- not that it's saying by how much.
FORTUNE -- Sales of the Kindle and of e-books are so good, and growing so fast, that they are now becoming a driver of Amazon's overall growth, says Citigroup analyst Mark Mahaney.
We can't know for sure how many Kindles Amazon (AMZN) is selling, because the company MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Citigroup Inc | 32.36 | -1.00 | -3.00% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
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