The deal, which gives Microsoft a 17.6 percent stake, values the Nook unit at $1.7 billion and bolsters the bookseller’s efforts to make its digital business the linchpin of its future growth.
The government’s decision to pursue major publishers on antitrust charges has put Amazon, the nation’s largest bookseller, in a powerful position to decide how much an e-book will cost.
Federal regulators are going to review the restrictions on using digital reading devices in flight. But the issue is complicated by the variety of devices being made.
The iPad, considered a side business for Apple when it was introduced in 2010, accounted for $9.15 billion in revenue in the holiday quarter, about 20 percent of Apple’s total revenue.
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