Peter Kafka

Recent Posts by Peter Kafka

Barnes & Noble Loves Mommy Porn!

The second quarter of the year is supposed to be a slow one for booksellers, but not this year: Barnes & Noble says its comparable bookstore sales jumped 4.6 percent. Strip out Nook sales, and the number improves to 7.6 percent.

Some of that bump occurred because B&N’s onetime rival, Borders, went out of business last year.

The rest of it? “Strong sales of the ‘Fifty Shades of Grey’ series,” the company says. See? It’s not just you — everyone’s reading this stuff.

Meanwhile, B&N says its Nook business posted flat sales for the quarter, but saw losses increase from $51 million to $57 million. It still plans to create a new Nook subsidiary with $300 million in funding from Microsoft.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik