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Microsoft's got the hots for Nook - CNET Update

2012-05-01
Microsoft's got the hots for nook LG has its head in the cloud and we're battling pigs is space I'm Bridget Carey and this is your cnet update the e-reader game just got more interesting Microsoft is investing three hundred million dollars in a new Barnes & Noble subsidiary that will oversee the Nook eReader as well as digital and college business this new entity doesn't have a name yet but it gives Microsoft and nearly eighteen percent stake in the company Microsoft will include the Nook digital bookstore in its upcoming Windows 8 operating system shares of Barnes & Nobles skyrocketed with the news of the partnership watch out amazon and apple looks like nook is here to stay and with this investment expected to become a stronger player in the e-book market also Barnes & Noble has sold out of the nook simple touch with glowlight but announced it will be in stock soon and another device seen big demand is the dell XPS 13 inch ultrabook dell wouldn't disclose numbers but an executive told CNET that it's having trouble building enough of these new thin laptops and demand is three times higher than expected the XPS 13 is 3 pounds and less than an inch thick but it's not cheap starting price is a thousand dollars about half of the demand is coming from the corporate world in other news we're watching a new prepaid phone brand will hit walmart stores in May US cellular and alltel wireless teamed up with Walmart to create you prepaid it'll have four phones three of them Android the plans will offer unlimited talk text and no roaming charges it's only available though for 18 states things are getting more colorful at Nintendo literally the Nintendo 3ds is adding the color purple to its choice of colors you can pick it up May twenty the same day Mario Tennis goes on sale Groupon announced it's a 1.5 million of its Groupon now deals in the first year of offering the service it's taking off faster than the original groupon deals did group I'll now is for vouchers that must be redeemed within the same day as purchase and Groupon now is available in 31 North American markets LG is creating its own cloud service to take on Apple's iCloud it's called LG Club and the beta version is available Tuesday it lets android stream content like music and video to their phones desktop and televisions users start off with five gigs of free storage and today's appt to watch is the fastest growing angry birds game ever angry birds space it's been downloaded 50 million times after one month of its release you're still sling shooting birds but now there's a new element gravitational pull in space no one can hear you squawk that's your tech news update for today stay updated on all the latest news at cnet com from our studios in New York I'm Bridget Carey
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