B&N, Microsoft team up on Nook, college businesses

A product specialist holds up a new Nook during a news conference Tuesday, May 24, 2011, in New York. The new Nook features a black-and-white touch screen and aims squarely at the "grandma" demographic.(AP Photo/Mary Altaffer)

April 30, 2012 8:50:08 AM PDT
Barnes & Noble Inc. and Microsoft Corp. say they are teaming up to create a new Barnes & Noble subsidiary that will house the digital and college businesses of the bookseller and include a Nook application for Windows 8.