In order to preserve its air of thoughtful, progressive youth, the rent-someone's-place-and-don't-trash-it brand asks users to make Vines stimulated by cryptic tweets. It's art.
The company could raise as much as $400 million to $500 million in a round led by equity firm TPG, according to the report.
The start-up began as a way for budget travelers to find couches and spare rooms for low-cost crashing, but has since expanded to offer private islands and castles for rent, too.
The e-book reader's second price cut in the past year may be a precursor to a product refresh this fall.
Barnes & Noble is ceding the tablet market to larger, deeper-pocketed competitors and focusing on its digital book business. But that means going up against Amazon in a tough mano-a-mano fight.
In a Mother's Day sale, you can pick up the Nook HD and Nook HD+ for as low as $149 and $179, respectively.
From March 24 through 30, Barnes & Noble will throw in a free Nook Simple Touch when you buy its larger HD+ tablet.
Revenue in Barnes & Noble's Nook division hit $316 million, down 26 percent compared to the prior year, as the unit's losses balloon to $190.4 million.
The bookseller won't abandon its line of e-readers and tablets, but will license content to third-party device makers, sources tell The New York Times.
The Wall Street Journal, citing the chief executive of Barnes & Noble's retail group, reports the company will be closing about 20 stores a year for the next 10 years as it grapples with consumers' move to digital books.