TechCrunch is reporting that Microsoft is mulling the idea of buying out the Nook Media venture in which Microsoft invested $300 million last year. TechCrunch says it has obtained "internal documents" that indicate Microsoft may pay $1 billion for the assets of Nook Media.
Does this make any sense? Given I thought rumors of Microsoft buying Skype and Yammer (both of which Redmond ended up purchasing) were pretty ludicrous, I'd say I'm probably not the best one to judge.
Microsoft officials, as one might expect, are saying they have no comment on rumors or speculation involving … Read more