The Orange View is offline.
News from struggling book store chain Barnes & Noble today indicates they may split off their Nook ebook reader. CEO William Lynch, via Reuters, says: "We see substantial value in what we've built with our Nook business in only two years, and we believe it's the right time to investigate our options to unlock that value."
This seems totally nuts for at least two reasons. First, the Nook is sucking money from B&N's more profitable ventures. If they spin it off, where does the capital come from? With Apple and Amazon as the main competition, doesn't the Nook need the largest possible backing? Going independent seems totally wrong.
Second, Lynch et al have been touting the Nook as the company's future, the key reason why the overbuilt megastore chain won't suffer the same fate as Borders. They just rejiggered all their stores to focus more on the Nook. What's the fate of Barnes & Noble without a viable electronic book strategy? Kind of like Kodak without digital cameras?
Harvard Business School's journal, the Harvard Business Review, has turned its web site into quite a useful and thought-provoking blogging center. They put up a list of their most popular posts of 2011 and they're almost all worth reading. The best challenge widely held assumptions in business or career development. I particularly liked Bill Taylor's "Great People Are Overrated" and Dan Pallotta's "I Don't Understand What Anyone Is Saying Anymore."
Sarah Lacy, late of Techcrunch, fires back at web analyst Jeremiah Owyang's contention that the "Golden Age" of tech blogging has come to an end:
In many ways, professional blogging is just getting started. It's a time when new entrants are jumping into the field with bold, fresh ideas, standing on the shoulders of the blogging giants that came before, taking a second stab at reinventing the new media landscape. Look at what Bleacher Report has built in the long-neglected sports world, and what SB Nation is doing. Look at how the Verge (owned by SB Nation) is reinventing one of the oldest and most successful niches in blogging-- the gadget blog. And if you believe what you read, more new entrants are coming in the tech news category.
-Sarahlacy.com, December 28, 2011
Drew Schuster on another unreliable Apple Internet service, iMessage:
OK, so sending a text and claiming it failed isn’t that bad. What would be really bad is if a “Delivered” text was never actually received. That happens too. All the time. I sent my dad an iMessage yesterday that he never received, even though my phone claimed that it had been delivered. He handed me his phone later that day to show that he never got it. I tried turning off wi-fi, data, killing the messages application, and restarting the phone, and was still unable to receive that text. That is unacceptable given the simple requirements of a messaging system.
-NuncaMind blog, December 28, 2011