Microsoft launches Nook joint venture with B&N
"The deal could make Barnes and Noble's Nook e-book reader available to millions of new customers, integrating it with the Microsoft's new Windows 8 operating system.
The as-yet unnamed new company will be 82.4% owned by Barnes and Noble, with Microsoft getting a 17.6% stake.
It will house the bookseller's digital and college education book businesses."
That's a pretty hefty chunk of change. I assume Windows 8 will get a reader app like Amazon's for a start, probably some cloud storage/sync using some of Microsoft's cloud platforms, so it could be interesting for Amazon to have another competitor, this seems to combine B&N's book business links with Microsoft's technical skills and platform.