NetWorthy Systems Blog

According to an article in the Wall Street Journal, Barnes & Noble will announce a new e-book reader tomorrow. It's dubbed the "Nook" and this color reader will retail for $259

Some other sources on the internet are saying that B&N are partnering with Best Buy to boost sales of the new product. Sources are also saying it will be available in Best Buy stores on Thursday, which just happens to coincide with Windows 7 Launch Day. That's either incredibly smart, or incredibly stupid, if it's true.

One of the unique features touted is the ability to "lend" books to friends. I'm not sure exactly what this entails, but none of the other e-book readers on the market have this feature. If you want the details from the WSJ, click here.

To Your Success,

Tim

Rumor has it that Best Buy is having problems, and they are offering 4000 employees a buyout. The plan is voluntary. Benefits of this buyout include ony year of health care benefits, and 7 1/2 months of severance pay. Employees have to signup by Jan. 5th, 2009. 

Circuit City, which WAS the number two big box electronic store, filed for bankruptcy last week. They plan on closing 150 stores nationwide. From what I have been told, the local Beaumont, Texas store is not slated for closure. But I wouldn't hold my breath.