Barnes & Noble turns the page on Nook tablets

TECH
Thursday, 26 Jun 2014
6:26 PM MYT

NEW YORK: US book retailer Barnes & Noble said Wednesday it would spin off its Nook division, which produces tablets and digital books, amid ongoing losses at the unit.

The plan authorised by the board would separate the Nook unit by early 2015 and ends the effort by Barnes & Noble to directly challenge online giant Amazon and its Kindle devices.

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