| Microsoft invests $300 million in Barnes & Noble |
 Microsoft and Barnes & Noble on Monday announced the formation of a new partnership that will spin the bookseller's digital Nook and College businesses into a new unnamed subsidiary. Microsoft's investment of $300 million will bring it a 17% stake in the newly formed business, which is valued at $1.7 billion, and Barnes & Noble will own approximately 82.4% of the new company. "The formation of [this new subsidiary] and our relationship with Microsoft are important parts of our strategy to capitalize on the rapid growth of the NOOK business, and to solidify our position as a leader in the exploding market for digital content in the consumer and education segments," said William Lynch, CEO of Barnes & Noble. "Microsoft's
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| Adults struggling to learn face new challenge |
In choosing whether to cut education for children or grown-ups, L.A. Unified needs focus on the young, but sacrificing adults is tragically short-sighted.I'd been sitting back, fielding the occasional pitch for a column, but telling people it was a little too soon to write about what might happen to adult education in L.A. Unified.
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