Last week, I did a post here on the fact that James Frey had resurfaced. His debut "novel," Bright Shiny Morning is due out next Tuesday, and the knives are already out. MSNBC has retracted a story they published in which they accused him of lying in his recent Vanity Fair interview. Read the story here.
The Fallout for Yahoo and Microsoft
Microsoft withdrew its offer for Yahoo, and things are not great at either company this week. The Wall Street Journal had a story on Tuesday that said:
Yahoo Inc. Chief Executive Jerry Yang faced backlash from shareholders who were displeased that he didn't reach a deal to sell his company to Microsoft Corp. and sent shares plummeting 15% Monday.
"I'm extremely disappointed in Jerry Yang," said Gordon Crawford, a portfolio manager at Capital Research Global Investors, which owns more than 6% of Yahoo's shares. "I think he overplayed a weak hand. And I'm even more disappointed in the independent directors who were not responsive to the needs of independent shareholders."
Things are unsettled over at Microsoft, too. Read about it in USA Today here.
Another Look at the iLiad
I first mentioned the iLiad e-book reader back in January, 2006 when I said:
Engadget points out that iRex here is also scheduled to launch an e-book device. According to iRex's website, the iLiad device will be available as of April, 2006.
In July, 2006, I compared the iLiad to the Sony Reader here.
Since then, the price has come down. The newest version of the iLiad is *only* $699. More importantly, however, The Bookseller had an article on Monday about the iLiad:
Borders is to become the first seller of e-book readers in the United Kingdom with seven stores stocking the iLiad reader from Saturday.
Read the story here.