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Friday, Dec 28

Newsfeed Update: 12.28.12

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Pearson to Take on Amazon by Buying Stake in eReader Venture Nook (The Guardian)
Financial Times-owner Pearson is to take on Amazon with a move into the eReader market by purchasing a 5 percent stake in Nook, Barnes & Noble's digital books venture, in a deal that values the business at $1.79bn.

Will There Be A Twitter IPO In 2013? (AllTwitter)
A recent management shuffle -- Ali Rowghani moved from his position of CFO to COO, while recent hire and former Zynga treasurer Mike Gupta took the CFO seat -- suggests that the company is moving closer to getting ready for prime time.

Myanmar To Allow Daily Private Newspapers For First Time Since 1964 (HuffPost)
Myanmar said Friday it will allow private daily newspapers starting in April for the first time since 1964, in the latest step toward allowing freedom of expression in the long-repressed nation.

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