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Samsung unveils the next Android superphone, Galaxy S III with face, voice recog

suraj.sun Just re-submitted... (2 comments)

Just noticed the mess-up and re-submitted, Thanks!

more than 2 years ago
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Why CISPA Is a Really Bad Bill

suraj.sun List of Corporations Supporting CISPA (142 comments)

http://intelligence.house.gov/bill/cyber-intelligence-sharing-and-protection-act-2011

AT&T
Boeing
BSA
Business Roundtable
CSC
COMPTEL
CTIA - The Wireless Association
Cyber, Space & Intelligence Association
Edison Electric
EMC
Exelon
Facebook
The Financial Services Roundtable
IBM
Independent Telephone & Telecommunications Alliance
Information Technology Industry Council
Intel
Internet Security Alliance
Lockheed Martin
Microsoft
National Cable & Telecommunications Association
NDIA
Oracle
Symantec
TechAmerica
US Chamber of Commerce
US Telecom - The Broadband Association
Verizon

more than 2 years ago
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How Google Killing Accounts Can Leave Androids Orphaned

suraj.sun Backup your google docs, gmail (210 comments)

I've said it before and I'll say it again, backup your google docs, gmail while you can... 'coz believe it or not even though I do not have Google+ or Adsense etc in last 2 weeks I've came across "Account has been disabled" screen twice while logging into gmail though somehow after waiting for few minutes both the times i was able log into gmail. And now I'm taking gmail and docs back few times a day to a folder which is being synced with Skydrive.

Gmail : http://www.gmail-backup.com/
Google Docs: http://code.google.com/p/gdocbackup/downloads/list

more than 2 years ago
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Google+ Account Suspensions Over ToS Drawing Fire

suraj.sun Some backup options for gmail, google docs (560 comments)

Though I don't have G+ or Adsense etc, after reading this, Google Deletes Last 7 Years Of User's Digital Life (http://consumerist.com/2011/07/google-deletes-last-7-years-of-users-digital-life-shrugs.html), I've started taking gmail, gdocs backups.

Gmail : http://www.gmail-backup.com/
Google Docs: http://code.google.com/p/gdocbackup/downloads/list

Though the ideal solution would be to have your own domain. I got mine, a .me from Namecheap for $7.49 just a few weeks ago and using it with free Windows Live (http://domains.live.com/) for email (and you can have 500 emails, 25GB Skydrive, 5GB synced storage etc), which I can change anytime I want by changing MX records at Namecheap.

more than 2 years ago
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Sprint Unveils HTC Evo 4G Super Phone

suraj.sun Game Changer! (284 comments)

to put it simply, it's a game changer for Sprint.

more than 4 years ago
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Pegatron lands OEM orders for Blu-ray Xbox 360

suraj.sun Article date is May 2008 (1 comments)

ooops, the DigiTimes article date is May 02, 2008... Didn't notice earlier...

Sorry guys

more than 5 years ago
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Why Your Pop-Up Blocker Doesn't Work Anymore

suraj.sun Firefox + No Scripts + Ad Block Plus (653 comments)

As many have said before, use Firefox + No Scripts + Ad Block Plus and 'allow' only the originating site in No Script.

I have NOT seen pop-ups on my PC in many YEARS.

more than 5 years ago
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CNN Uses P2P Video & Adds Terrible EULA

suraj.sun Simple solution (254 comments)

here's a simple solution : Dump CNN.

more than 5 years ago
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BD+ Successfully Resealed

suraj.sun What you do when you buy a SLR McLaren Mercedes (443 comments)

to all those "I wanna backup DVD on to my hard drives..."

What EXACTLY you do when you buy a brand new 2008 SLR McLaren Roadster Mercedes Benz ?

How in the world you gonna *COPY / BACKUP* your brand new 2008 SLR McLaren Roadster Mercedes Benz ??

more than 5 years ago

Submissions

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CERN confirms existence of new particle consistent with Higgs boson

suraj.sun suraj.sun writes  |  about 2 years ago

suraj.sun (1348507) writes "It's official: a new boson has been observed within 5 standard deviations of accuracy. The highly anticipated announcement came this morning direct from CERN's press conference (via ICHEP in Melbourne), and is the result of an intense, ongoing search for the elusive particle. The observation is of a boson particle with a mass of 125.3 ± 0.6 Gev, at a significance of 4.9 sigma. Joe Incandela — giving the presentation — said that this is "In agreement with the standard model at 95% confidence range." This is still a preliminary result, but by far the strongest case yet for the existence of the elusive Higgs."
Link to Original Source
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Indian pharmaceutical Cipla slashes cancer drug prices by 76%

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Indian generic drug company Cipla said Friday it had slashed by up to 76 percent prices of three anti-cancer medicines in what it called a "humanitarian" move and promised to cut the costs of more products. There are 2.5 million cases of cancer diagnosed in India each year, according to the World Health Organisation, with most patients receiving inadequate treatment as drugs are priced beyond their reach. "Business is business, but it has to be linked with one's social responsibilities. This initiative of price reduction is a humanitarian approach by Cipla to support cancer patients," company chairman Y.K. Hamied said. The family-led company first hit headlines in 2001 when it offered to supply life-saving triple therapy AIDS drug cocktails at prices sharply below those of multinational firms with Hamied saying the move was for "social reasons". Cipla has been pushing the Indian government to allow widespread use of so-called "compulsory licences" for production of life-saving patented drugs to overcome barriers for people in accessing affordable medicines. Compulsory licences are allowed under the World Trade Organization's TRIPS Agreement, which governs trade and intellectual property rules. Analysts said Cipla's move could prompt a price war in the 15-billion-rupee Indian drug market — challenging multinationals which sell costly patented medicine and Indian firms whose generic range is less expensive but not as cheap as Cipla's."
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First-grader suspended for sexual harassment for singing 'I'm sexy and I know it

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "First-grader suspended for sexual harassment for singing 'I'm sexy and I know it' :

Yahoo news reports that a first-grader student from Colorado elementary school was suspended for three days from school this week for singing a lyric from a popular LMFAO song, "I'm sexy and I know it." School officials said D'Avonte was suspended for sexual harassment after he sang and the line to a female classmate who was standing in a lunch line. Unfortunately, it wasn't the first time he'd serenaded this girl with this particular lyric. District policy, as outlined in the student handbook, states that sexual harassment "must have negative effects on the learning or work of others." D'Avonte's mother, Stephanie Meadows, told ABC7 News that her son had had disciplinary problems before this week's infraction. Last month, she said, he was sent to the principal's office for singing the same song to the same girl."

Link to Original Source
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Google Said to Face Fine by FTC Over Apple Safari Breach

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Bloomberg is reporting on Google's negotiation with the U.S. Federal Trade Commission over how big a fine, which could amount to more than $10 million, it will have to pay for its breach of Apple’s Safari browser. The fine would be the first by the FTC for a violation of Internet privacy as the agency steps up enforcement of the Web. Google signed a consent decree with the FTC last year in which it agreed it used deceptive tactics and violated its own privacy policies in introducing the Buzz social-networking service in 2010. The 20-year settlement bars Google from misrepresenting how it handles user information and requires the company to follow policies that protect consumer data in new products.

To quote the ars, Google was found to be working its way around Safari's tool that allows users to block third-party cookies earlier this year in order to, well, "track" users with cookies. (The code used by Google was part of its program to place the "+1" button in advertisements.) At the time, the company issued a statement saying that the circumvention wasn't intentional, but privacy groups were still quick to file complaints with the FTC over Google's actions. That was quickly followed by a class-action lawsuit and an investigation by European regulators."

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Windows 8 to include Dolby Digital Plus 5.1, Media Center as an add-on feature

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "On Buidling Windows 8 blog Bernardo Caldas of Windows Business Group explains that, given the changing landscape, and the cost of decoder licensing, we’ve decided to make Windows Media Center available to Windows 8 customers via the Add Features to Windows 8 control panel. Windows Media Player will continue to be available in all editions, but without DVD playback support. Metro style apps can use any of the decoders included in Windows. These decoders are optimized for system reliability, battery life, and performance, and cover all key playback scenarios for mainstream content such as YouTube video, Netflix video, Amazon audio/video, H.264 web browsing/streaming, Hulu video, MP4 video, AVCHD video from camcorders, Ultraviolet video, and the HTML5 video tag. Metro style apps can also include additional decoders (such as FLAC, MKV, OGG, etc.) in their apps package for use within the apps.

Microsoft will offer two ways to acquire Windows Media Center, either as a Windows 8 Media Center Pack to add on Windows 8 Pro or as Windows 8 Pro Pack to add on to Windows 8. Acquiring either the Windows 8 Media Center Pack or the Windows 8 Pro Pack gives you Media Center, including DVD playback (in Media Center, not in Media Player), broadcast TV recording and playback (DBV-T/S, ISDB-S/T, DMBH, and ATSC), and VOB file playback. The company also signed an agreement with Dolby Laboratories to include Dolby Digital Plus 5.1-channel decoding and Dolby Digital two-channel encoding in all editions of Windows 8."

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Mississippi Teens Jailed After Video Recording Police Investigation From Balcony

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Two Mississippi teenagers were arrested after video recording a police investigation from their balcony Tuesday. Pearl Police, who charged up the stairs to arrest the teens and burst through their apartment door without a warrant after a shooting took place in the parking lot below, charged the teens with disorderly conduct. Terrell Madison and his twin sister Shanell were jailed for several hours before they were released. Police returned their phone but kept their SIM card, which is unlawful to do without a subpoena.

According to WLBT, "The Colony Park Apartment resident said she and her twin brother Terrell were on their apartment balcony when Tuesday's tragic police shooting unfolded. But she said minutes later they were being manhandled by officers after they saw her brother recording the scene with his cell phone. "The police came up here after they took his phone. They slammed him down and arrested him, and I'm like 'Why are y'all arresting him', and then they grabbed me and slammed me also and arrested me," said Shanell Madison. She said they didn't know why they were targeted in their own home.""

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Samsung unveils the next Android superphone, Galaxy S III with face, voice recog

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Samsung unveils the next Android superphone, Galaxy S III with face, voice recognition:

At its Unpacked event tonight in London, Samsung unveiled its new flagship, Android 4.0 Galaxy S III smart phone boasting 4.8-inch 720p Super AMOLED display, 1.4GHz quad-core Exynos processor aided by a fresh GPU that is supposedly 65 percent faster than the companion Mali 400 graphics chip on the Galaxy S II, 1 GB RAM, 8-megapixel & 1.9-megapixel cameras, removable 2,100mAh battery, cocooned in Gorilla Glass 2, 8.6mm thick and weighing at 4.7 ounces(133g). The phone will come with 16GB, 32GB, or 64GB of internal storage that can be increased by up to 32GB via its microSD slot.

There's plenty to admire in this phone. A Smart Page feature keeps the screen from going to sleep when you're reading a Web page because the phone's front-facing camera can "see" that you're watching it. Using a proximity sensor, the phone senses that you want to call the person you're texting when you hold the phone to your ear.

The Galaxy S III's S Beam uses NFC technology to exchange phone content, such as videos, between similarly equipped phones when you bump them together. And Samsung's DLNA-powered All Share feature now enables the Galaxy S III to stream content to and from multiple phones, HDTVs, computers, and other compatible HDLNA devices—not just one. The Galaxy S III's 8-megapixel rear-facing camera's burst-shot feature lets you take a volley of 20 pictures and automatically picks the best one. It also allows you to snap still pictures while shooting HD videos at 1080p. The front-facing 1.9 megapixel camera can shoot video at 720p."
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Samsung unveils the next Android superphone, Galaxy S III with face, voice recog

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Samsung unveils the next Android superphone, Galaxy S III with face, voice recognition:

At its Unpacked event tonight in London, Samsung unveiled its new flagship, Android 4.0 Galaxy S III smart phone boasting 4.8-inch 720p Super AMOLED display, 1.4GHz quad-core Exynos processor aided by a fresh GPU that is supposedly 65 percent faster than the companion Mali 400 graphics chip on the Galaxy S II, 1 GB RAM, 8-megapixel & 1.9-megapixel cameras, removable 2,100mAh battery, cocooned in Gorilla Glass 2, 8.6mm thick and weighing at 4.7 ounces(133g). The phone will come with 16GB, 32GB, or 64GB of internal storage that can be increased by up to 32GB via its microSD slot.

There's plenty to admire in this phone. A . Using a proximity sensor, the phone senses that you want to call the person you're texting when you hold the phone to your ear. The Galaxy S III's S Beam uses NFC technology to exchange phone content, such as videos, between similarly equipped phones when you bump them together. And Samsung's DLNA-powered All Share feature now enables the Galaxy S III to stream content to and from multiple phones, HDTVs, computers, and other compatible HDLNA devices—not just one. The Galaxy S III's 8-megapixel rear-facing camera's burst-shot feature lets you take a volley of 20 pictures and automatically picks the best one. It also allows you to snap still pictures while shooting HD videos at 1080p. The front-facing 1.9 megapixel camera can shoot video at 720p."

Link to Original Source
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CEO Pay Increased 127 Times Faster Than Worker Pay Over Last 30 Years

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "From 1978 to 2011, CEO pay at American firms has risen 725 percent, a rise substantially greater than stock market growth and the painfully slow 5.7 percent growth in worker compensation, more than 127 times faster than worker pay over the same time period, according to new data from the Economic Policy Institute. In 1978, CEOs took home 26.5 times more than the average worker. They now make roughly 206 times more than workers, EPI found. The pay isn’t always tied to the performance of their businesses — as ThinkProgress has noted, CEOs at companies like Bank of America often pocket huge pay increases even as the company’s stock price plummets and jobs are cut. On the other end, workers’ wages aren’t tied to productivity either. Despite substantial gains in productivity since the 1970s, worker pay has remained flat.

As a result, American income inequality has skyrocketed, growing worse than it is in countries like Pakistan and Ivory Coast. Wealth inequality is worse than it was even in Ancient Rome. And, as pay skyrockets and tax rates fall for the richest Americans, the rising inequality has left the bottom 95 percent of Americans saddled with more debt than ever before."

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Apple Double Bills Customers for iTunes Purchases, Citing TOS to Refuse Refunds

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "A class-action lawsuit against Apple accuses the tech giant of double billing customers for downloads made from the company’s iTunes Store. The lawsuit filed by New York resident Robert Herskowitz alleges that Apple charged him twice for purchasing a single pop song, “Whataya Want from Me?”

According to the lawsuit, he immediately contacted Apple and informed them about the double-billing snafu. The next day, Herskowitz received Apple’s ‘personal response.’ The company refused to make things right by fixing the double billing error, citing its Terms of Service (‘TOS’):

        Your request for a refund for “Whataya Want from Me” was carefully considered; however, according to the iTunes Store Terms of Sale, all purchases made on the iTunes Store are ineligible for refund. This policy matches App1e’s refund policies and provides protection for copyrighted materials."

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Rand Paul has a quick fix for TSA: Pull the plug

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Rand Paul has a reform plan for the Transportation Security Administration: Scrap the whole thing. A personal message from Paul (R-Ky.) came atop emails this week from the Campaign for Liberty Vice President Matt Hawes, asking for readers to sign a petition in support of Paul’s “End the TSA” bill. A Paul spokeswoman said that legislation is being finalized next week.

Every inch of our person has become fair game for government thugs posing as ‘security’ as we travel around the country. Senator Rand Paul has a plan to do away with the TSA for good, but he needs our help,” reads the petition, which also asks signers to “chip in a contribution to help C4L mobilize liberty activists across America to turn the heat up on Congress and end the TSA's abuse of our rights.”

“The American people shouldn’t be subjected to harassment, groping, and other public humiliation simply to board an airplane. As you may have heard, I have some personal experience with this, and I’ve vowed to lead the charge to fight back,” Paul wrote at the top of a C4L fundraising pitch, according to blogs that received the email. “Campaign for Liberty is leading the fight to pressure Congress to act now and restore our liberty. It’s time to END the TSA and get the government’s hands back to only stealing our wallets instead of groping toddlers and grandmothers.”"

Link to Original Source
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Russia threatens to use "destructive force pre-emptively" on US missile defence

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Russia threatens to use "destructive force pre-emptively" on US missile defence system based in Central Europe:

BBC:

Russia says it is prepared to use "destructive force pre-emptively" if the US goes ahead with controversial plans for a missile defence system based in Central Europe. The warning came after the Russian defence minister said talks on missile defence were nearing a dead end. Moscow fears that missile interceptors would be a threat to Russia's security. But the US and Nato say they are intended to protect against attacks from Iran or North Korea. "A decision to use destructive force pre-emptively will be taken if the situation worsens," chief of the Russian defence staff Gen Nikolai Makarov said.

President Barack Obama, who succeeded Mr Bush in the White House in 2008, scrapped plans for a network of bases spread across Poland and the Czech Republic with the capacity to intercept long-range missiles. But in 2010, the US signed an agreement with Poland to use an old airstrip at Redzikowo, near the Baltic coast, as a missile defence base."

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Microsoft's Biggest Cloud Deployment: 7.5 Mil Students & Faculty at 10,000 I

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Microsoft’s Biggest Cloud Deployment: 7.5 Mil Students & Faculty at 10,000 Institutes Across India:

In an ambitious plan Microsoft is rolling out a set of cloud apps to 7.5 million students and faculty members at 10,000 institutes across the India for India’s body for technical schools, the All India Council for Technical Education (AICTE). These students anticipate becoming users of Microsoft’s Live@edu, a set of apps that includes e-mail and calendars with a 10GB inbox, 25GB of file storage, document sharing, instant messaging and video chat. Microsoft says Live@edu already has about 22 million users. What’s missing from the storyline? How such a large installation will take place. What are the realities and challenges behind “the largest cloud deployment ever”?

“The two largest issues are concurrent requests and cooling. In order to handle concurrent requests Microsoft will most likely need to use a two-tier server architecture that requires two servers for each request: one to process the request and one to serve the data,” says the network consultant Nick McElhinney of MacTech Solutions. Shriram Natarajan of software developer Persistent Systems, pointed out geography and access concerns and the issue of availability. “With the user population so widespread and presumably using a variety of access networks, it’s going to be a challenge to ensure uniformity of access,” Natarajan said.

While Dave Laurello, CEO of Stratus Technologies said, “If ever there was the perfect cloud deployment this could be it, with its massive consumer base using a constant, static application set that’s not mission-critical.” With an application this large, there will be the challenge of supporting high availability. “High availability deployments are tricky to coordinate because you need to handle things like load balancer configuration and update certain groups of servers at a time. Because deploying a multi-component system to support 7.5 million users can’t rely on any manual steps it must be automated,” says XebiaLabs’ Phillips."

Link to Original Source
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Pirate Bay blockade begins with Virgin Media

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "The filesharing website The Pirate Bay has been blocked to millions of UK internet users following a high court ruling earlier this week. Customers of the country's second-biggest internet service provider, Virgin Media, were on Wednesday denied access to site. Other internet providers, including BT and Sky, are expected to follow suit within weeks. Virgin Media has 21.5% of the market share, behind BT with 27.5%. The provider said in a statement: "Virgin Media has received an order from the courts requiring it to prevent access to The Pirate Bay in order to help protect against copyright infringement."
Link to Original Source
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Windows Live to be rebranded as Microsoft Account

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "In a blog post, Steven Sinofsky, and Chris Jones details the cloud services integration that will be featured in Windows 8 and Windows Phone and will serve as an update to Microsoft's Windows Live platform, which has not met Microsoft's expectations of "a truly connected experience." At the forefront of the company's cloud services will be a Microsoft account, which creates an identity to be used across Microsoft services, from the Xbox to SkyDrive and beyond. Microsoft accounts were previously known as Windows Live IDs. In Windows 8, a user's account settings will roam across PCs via the user's Microsoft account.

Windows 8 and Windows Phone will make use of the following Microsoft cloud services: Microsoft accounts, SkyDrive, Mail/Hotmail, Calendar, People, Messaging and Photos. According to Sinofsky, Windows Live services are currently used by more than 500 million users a month. Additionally, Hotmail has 350 million, Messenger has 300 million and SkyDrive has 130 million, active users."

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The dark side of in-app purchases: EA shuts down Rock Band for iPhone

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "The Guardian is reporting on the thorny issue that emerges whenever a game involving in-app purchases shuts down. People who own the game have been reporting a pop-up message titled "Dear Rockers", which continues thus: "On May 31, Rock Band will no longer be playable on your device. Thanks for rocking out with us!" Yes, and thanks for spending money via in-app purchases on songs to play at 69p a time, too.

EA is also shutting down iOS social game Restaurant City: Gourmet Edition on 29 June and Outside EA, social games firm ngmoco – nowadays owned by Japanese social games company DeNA – is also closing one of its first ever freemium games on iOS, Eliminate. All this is a reminder that virtual items and currency are just that – virtual."

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Microsoft to offer $99 Xbox 360 Kinect bundle with two-year subscription

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "According to TheVerge, Microsoft is planning to launch a $99 Xbox console package with a monthly subscription as early as next week. The company will offer the 4GB console with a Kinect sensor at its range of Microsoft Stores in the US, subsidized with a monthly cost of $15. We're told that the two-year subscription will provide access to the Xbox Live Gold service and possibly some additional streaming content from cable providers or sports package providers. Customers who sign-up for the deal will also be covered under a two-year warranty. With E3 2012 on the horizon, and Microsoft working on a "Woodstock" music service — it's clear that the company wants to ensure as many people as possible have an Xbox in their living rooms."
Link to Original Source
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Sony: Internet video service on hold due to Comcast data cap

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "An executive from Sony said Monday that concerns about Comcast's discriminatory data cap are giving the firm second thoughts about launching an Internet video service, that would compete with cable and satellite TV services. In March, Comcast announced that video streamed to the Xbox from Comcast's own video service would be exempted from the cable giant's 250 GB monthly bandwidth cap. "These guys have the pipe and the bandwidth," he said. "If they start capping things, it gets difficult."

Sony isn't the first Comcast rival to complain about the bandwidth cap. Netflix CEO Reed Hastings has also blasted Comcast's discriminatory bandwidth cap as a violation of network neutrality. Comcast controls more than 20 percent of the residential broadband market, which means that Comcast effectively controls access to one-fifth of any American Internet video service's potential customers."

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Nokia cites 45 patents in lawsuits against HTC, RIM, Viewsonic

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "In a massive lawsuit campaign against HTC, RIM, and Viewsonic, Nokia has filed a complaint with the U.S. International Trade Commission against HTC, and a host of lawsuits across the U.S. and Germany against RIM and Viewsonic, in addition to HTC. Nokia argues that the firms are violating a total of 45 patents. "Nokia proprietary innovations protected by these patents are being used by the companies to enable hardware capabilities such as dual function antennas, power management and multimode radios, as well as to enhance software features including application stores, multitasking, navigation, conversational message display, dynamic menus, data encryption and retrieval of email attachments on a mobile device," Nokia wrote in a statement today.

Although Nokia hasn't been the most litigious company in the mobile space, it has enforced its intellectual property in the past. Last year, in fact, the company inked a deal with Apple that saw Apple license a host of mobile patents from Nokia. The licensing deal came nearly two years after Nokia sued Apple for infringement."

Link to Original Source
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Microsoft Makes $300M Investment In New Barnes & Noble Subsidiary

suraj.sun suraj.sun writes  |  more than 2 years ago

suraj.sun (1348507) writes "Barnes & Noble has found a new, major partner in its fight to get an edge over Amazon and Apple in the market for e-books and the devices being used to consume them: it is teaming up with Microsoft in what the two are calling a strategic partnership, name yet to be determined. It will come in the form of a new subsidiary of B&N that will include all of its Nook business as well as its educational College business. Microsoft is making a $300 million investment in the subsidiary, valuing the company at $1.7 billion in exchange for around 17.6 percent equity in the subsidiary.

The new company, referred to for the moment as Newco, will contain B&N’s digital business, as well as its College division. While Microsoft will take 17.6 percent, B&N will own 82.4 percent of the venture. And there is a legal twist to the deal, too: the two companies say they have definitely sorted out their patent litigation now: “Moving forward, Barnes & Noble and Newco will have a royalty-bearing license under Microsoft’s patents for its NOOK eReader and Tablet products,” the two write in the release below."

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