Microsoft’s TikTok deal: bargain of the decade or a $50bn blunder?

Jury is out on whether video-sharing site could make Microsoft a social media giantAs the clock ticks on Microsoft’s fast-track talks to buy TikTok the jury is out on whether it marks a unique opportunity to become a global social media giant overnight, or a $50bn (£38bn) geopolitically fuelled business blunder.Donald Trump’s trade war with China has forced ByteDance, the privately owned Beijing-based parent of the video-sharing site TikTok, to pursue a sale of its US business after the president signed an executive order last week that could shut it down on 15 September. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-08-10 14:21:38 UTC ]
News tagged with: #clock ticks #unique opportunity #privately owned

Other Publishing stories related to: 'Microsoft’s TikTok deal: bargain of the decade or a $50bn blunder?'


Atria Inks Co-Pub Deal with U.K.’s Short Books

Simon & Schuster’s Atria imprint has teamed up with British independent publisher Short Books to start a new imprint called Marble Arch Press. The imprint—the name refers to the famous London landmark near Hyde Park—will premiere in fall 2012, releasing (in the U.S. and Canada) roughly 12... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #short books #simon schuster


Neil Gaiman signs a 5-book deal for the kids

Award-winning writer Neil Gaiman has signed a new 5-book deal with HarperCollins, it was announced Wednesday. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-07-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #announced wednesday


Deal close in EC ebook probe

Five of the six parties under investigation by the European Commission over ebook  prices... Continue reading at The Bookseller

[ The Bookseller | 2012-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european commission #ebook prices


Flipboard Rival: New York Times Deal is Good News for the Media Industry

Publishing giants The New York Times and The Wall Street Journal firmed up exclusive deals with Flipboard and Pulse earlier in the week for exclusive content to go out to these third-party mobile apps, but as one Flipboard rival explains, this news c ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media industry #exclusive content


Israeli authors fight book deals

A group of Israeli authors launch a battle to stop the country's leading bookstores from slashing prices, claiming it reduces their royalties. Continue reading at BBC News

[ BBC News | 2012-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #slashing prices


Sainsbury's in Anobii refinancing deal

Sainsbury’s has backed Anobii chief executive Matteo Berlucchi’s call for publishers... Continue reading at The Bookseller

[ The Bookseller | 2012-06-14 00:00:00 UTC ]
More news stories like this |


Google Strikes Deal to End Litigation With French Authors and Publishers

Google has struck a deal with two French organizations representing authors and book publishers, ending years of litigation. Continue reading at PC World

[ PC World | 2012-06-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book publishers #french authors


More deals as publishers embrace erotica

The erotica trend sparked by Fifty Shades of Grey looks set to sizzle all summer, with... Continue reading at The Bookseller

[ The Bookseller | 2012-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades


Mixed reactions continue to Waterstones Amazon deal

Reactions of surprise and bemusement have continued in the trade today in the wake of this... Continue reading at The Bookseller

[ The Bookseller | 2012-05-21 00:00:00 UTC ]
More news stories like this |


Amazon conjures Harry Potter e-deal

Amazon says it has signed a deal for the electronic books rights to all seven Harry Potter titles in English, French, Italian, German and Spanish for its Kindle lending library. Continue reading at Stuff

[ Stuff | 2012-05-11 00:00:00 UTC ]
More news stories like this |


Barnes & Noble and Microsoft: A Win-Win?

The deal between Barnes & Noble and Microsoft gives both companies things they need—B&N receives a much-needed infusion of cash, while Microsoft gets another chance to participate in the consumer digital marketplace. In addition to the $300 million investment Microsoft has made to give... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #international operations #6% stake


Nook and HMH partner in school deal

Houghton Mifflin Harcourt (HMH) has teamed up with Barnes & Noble’s Nook to deliver e-... Continue reading at The Bookseller

[ The Bookseller | 2012-05-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble


Why Microsoft Nabbed the Nook

Microsoft's $300 million investment in Barnes & Noble's Nook e-reader and digital book subsidiary makes perfect sense, according to experts at Wharton and elsewhere. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2012-05-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nook e-reader #barnes noble


Microsoft Invests $300 Million in Upcoming Barnes & Noble Subsidiary

After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a... Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #announcing plans #nook business


Microsoft gambles $300m on e-readers

Microsoft is jumping into the fast-growing ebooks market by investing US$300 million in Barnes & Noble's Nook e-reader and university business, as it looks to unlock Amazon.com and Apple's grip on the exploding tablet computer market. Continue reading at Stuff

[ Stuff | 2012-05-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$300 million #barnes noble #nook e-reader


Microsoft joins forces with Barnes

The software company announced it will invest $300 million in the bookseller's ebook and college bookstore ventures Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-30 00:00:00 UTC ]
More news stories like this |


Microsoft and Barnes & Noble Create E-Book Partnership

Coming up first: A Metro-style Nook e-reader app for Windows 8 that will be available to U.S. and international users. Continue reading at PC World

[ PC World | 2012-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #international users


'Significant expansion' for Nook as Microsoft invests $300m

Microsoft has invested $300m in Barnes and Noble, forming “a new subsidiary” of the... Continue reading at The Bookseller

[ The Bookseller | 2012-04-30 00:00:00 UTC ]
More news stories like this |


Microsoft And Barnes & Noble Announce Partnership For Ebooks

Microsoft and Barnes & Noble are announcing a new partnership to develop and sell educational ebooks on the Nook e-reader. Microsoft is investing $300 million in the subsidiary, while B&N will own the remaining 82 percent of it. (The new operation is being provisionally called "Newco,"... Continue reading at Fast Company

[ Fast Company | 2012-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #educational ebooks #barnes noble #nook e-reader #key focus #nook app


Microsoft buys Nook stake; Barnes & Noble shares soar

(Reuters) - Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing ebooks market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #nook e-reader