Microsoft invested around $300 million into Barnes and Nobel’s Nook platform. “As demand for digital content continues to increase, we are focused on bringing ground-breaking reading and learning content and technologies to more people in more formats than ever before, including the imminent launch of our exceptional NOOK reading application for Windows 8,” said William Lynch, CEO of Barnes & Noble during the announcement of the agreement. “NOOK Media is a leader in developing the next generation of digital reading and we look forward to the company bringing one of the world’s largest digital libraries to Windows 8 devices via their upcoming Windows 8 app,” commented Andy Lees, President at Microsoft. Ever since the announcement, Nook is facing great challenges in the e-book market and they are updating their agreement with Microsoft. Thanks to ZDNet’s Mary Jo Foley, new 8-K filing by Barnes & Noble has all the details of the updated ...

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