Corporate: Penguin Tries Book Discovery With "First to Read"; Quercus Moves...
Penguin is launching a new book discovery tool, First To Read, that will offer "widely anticipated" excerpts of forthcoming Penguin titles as Hotshot by Julie Garwood, The Signature of All Things by...
View ArticleeNews: Kobo Disabled at Whitcoulls; Scholastic's Ed-Tech; Scribd's Subscriber...
WH Smith still has not restored service to their website in the wake of controversy over some of the Kobo ebooks they were offering for sale. In New Zealand, retailer Whitcoulls "has suspended the sale...
View ArticleIntel Buys Kno; Kindle Said to Eye Sweden; Ransom's Free Resources
Big companies, and big investment, continue to flow towards "ed-tech," as Intel announced on Friday that it acquired education software company Kno. Intel had previously made a$20 million investment in...
View ArticleM&A: Kno At One End, IMG At The Other
Following Friday's modest announcement of Intel's takeover of educational textbook start-up Kno, Om Malik reports "well placed sources who were in the know told us that the company sold for $15 million...
View ArticleBriefs: Trudeau Sentenced to 10 Years in Prison; Carnegie & Greenaway Awards...
Allen Guelzo has won the inaugural Guggenheim-Lehrman Prize in Military History for GETTYSBURG: The Last Invasion (Knopf). The $50,000 prize was announced Monday night at a ceremony held at the...
View ArticleTaste Barnes & Noble College's New Yuzu
A yuzu is a hybrid citrus fruit with curiously high ratio of seeds to juice -- which makes it the perfect name for Barnes & Noble College's new textbook app: "Yuzu is a next-generation digital...
View ArticleInkling Closes Consumer Business to Focus on Enterprise Side; Lays Off 25...
Inkling is officially closing its consumer retail business and has laid off something close to 25 percent of staff as a result. (CEO Matt MacInnis confirmed the layoffs to TechCrunch, indicating that...
View ArticleSafari Books Now Fully Owned By O'Reilly Media, and More
O'Reilly Media has become sole owner of Safari Books, buying out Pearson's 50 percent stake for an undisclosed sum (though it's expected Pearson will announce how much it was paid in their next...
View ArticleChegg to Outsource Print Textbook Business to Ingram
Building substantially on an initiative that began last August, Chegg.com will transition the handling of all print textbook inventory over to Ingram underĀ a renewable, five-year agreement as the...
View ArticleWiley to Buy Knewton
Just days after the Cengage and McGraw-Hill merger announcement, Wiley announced a deal to buy the assets of ed-tech firm Knewton, in a transaction expected to close by the end of the month. The price...
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