EBSCO in talks to buy RoweCom

This Chicago Tribune article (free registration may be required) says that EBSCO is close to reaching a deal to buy RoweCom (formerly Faxon). The publishers that RoweCom didn\'t pay with the money libraries paid to RoweCom are apparently in separate discussions with EBSCO regarding this deal. Swets Blackwell pulled out of its talks to buy RoweCom, citing liability issues.


Divine in talks on libraries

A bit more on The Divine Story from The Chicago Tribune.
They say Chicago-based Divine Inc. is in negotiations with a handful of publishers and a Dutch competitor to resolve a problem that threatens to interrupt the flow of periodicals to thousands of libraries across the nation.

A Divine subsidiary, RoweCom, collected at least $50 million from as many as 4,000 libraries for subscriptions last year, but failed to pay the publishers. The money was used to pay RoweCom\'s operating costs and debts, Divine executives have said.

\"Our strategy is to structure this so that a portion of the money would be put forward by the RoweCom side,\" Hess said. \"Swets Blackwell would put together some of the money. And concessions, discounts, by the publishers would cover part of the cost.\"


Divine unit suit: Libraries may lose $50 million

The Chicago Tribune has This Story on the thousands of libraries across the country that may be out $50 million after a subsidiary of Chicago-based Divine Inc. accepted their money last year to buy periodicals but failed to pay the publishers.

\"This is unconscionable, unethical and moving rapidly toward grand larceny,\" said Susan Davis, head of periodical acquisitions at the State University of New York at Buffalo. Her e-mail, sent to a RoweCom sales representative last month, is part of a lawsuit filed against the company by the New York State attorney general\'s office


Secure Shopping @ Barnes & Noble Not So Secure

A security flaw has been discovered in the Barnes & Noble web site, which could expose users personal information to anyone, just by entering an old email address. Read More.


Yahoo Internet Life Magazine Folds

Yahoo Internet Life is closing up shop. According to Robert Callahan, CEO, \"the closure is due to the struggling technology market after the dot-com bubble burst and the decline of advertising dollars.\" ZDNet has More.


AT&T Sued for Profiting from USF (E-Rate) Charges

USA Today is reporting that AT&T has raised their USF
(E-Rate) charge to nearly double what the federal government mandates. The company is being sued, as a result. According to an attorney involved in the case, \"If successful, the case could result in an award of tens to hundreds of millions of dollars.\" More


Microsoft Ordered to Release Windows Code to Opponents

The BBC is reporting that a Supreme Court judge has ordered Microsoft to hand over to legal opponents, the code to its famous Windows operating system. Microsoft is trying to avoid releasing the code. More


OCLC Closes on netLibrary Sale

Cavan McCarthy writes \"The sale of netLibrary assets to OCLC was finalized at 5 p.m. Jan. 24 in Boulder, Colorado. The sale includes both the eBook Division, which will become a division of OCLC, and the MetaText eTextbook Division, which will become a for-profit subsidiary. Both operations will remain in Boulder.

Press Release \"


Questia lays off more

steven bell writes \"

This comes from Library Stuff.
Full Story
- Questia Media down to 28 workers. - \"Another round of layoffs at online library and academic research firm Questia Media has reduced the company to a skeleton crew of about 28 workers, just enough to maintain its Web site. About 40 workers were laid off last week without severance pay, sources say, when it became clear plans for another round of investment cash wouldn\'t materialize. The company previously raised more than $135 million and at one time employed over 300 workers, but has had several rounds of layoffs beginning last spring.\"


Once-Trustworthy Newspaper Databases Have Become Unreliable and Frustrating has a Story that says The New York Times Company v. Jonathan Tasini and related cases have perhaps permanently changed electronic databases.

Almost 20 years\' worth of newspaper history, a vital source of information for those studying history, politics, society, the media, and other subjects, is shot through with more holes than a block of Swiss cheese.



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