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All posts for the month April, 2012
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Boing!
Yes!
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Crazy numbers!
Microsoft (s MSFT) and Barnes & Noble (s BN) have buried the patent hatchet and teamed up to compete against Apple (s AAPL) and Amazon (s AMZN) in the eBooks business. The new partnership sees Microsoft investing $300 million in a new Barnes & Noble subsidiary. (My colleague Laura Owen has the complete breakdown of the deal over on paidContent.)
The $300 million investment in the Nook subsidiary of Barnes & Noble gives Microsoft about 17.6 percent ownership of this business unit. That values this part of the business at about $1.7 billion. Before the markets opened this morning, the Nook business was valued about $900 million more than Barnes & Noble itself.
Update: Barnes & Noble stock zoomed at the opening bell – and is now trading at about $9 a share, giving Barnes and Noble a total market cap of $1.3 billion, which is still less than the…
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WOW!
The U.S. is falling in the quality of broadband its ISPs are offering on a quarterly basis, although in the fourth quarter of 2011 that fall in speeds was seen by several other counties, with overall broadband speeds falling to a global average 2.3 Mbps from the third quarter to the fourth. The data comes from Akamai’s (s akam) State of the Internet report, which uses the content delivery network’s data to construct a detailed report on web speeds, security and mobile connections. Om has covered the big picture, but here’s what the report says about the U.S.
For the year, the global average connection speed was up a 19 percent, with double-digit percentage growth seen in eight of the top 10 countries and also in the U.S., which is ranked 13th. The U.S.’s average connection speed is 5.8 Mbps — a 14 percent increase from the previous year.
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Interesting stats.
Yup, go figure. Lots of money for death but not enough for life.
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That is so cool!