August 2, 2021

Schools, Libraries Will Receive Full Request of $3.9B in E-Rate Funding

From FedScoop: Schools and libraries across the country will be getting the full amount they requested to upgrade their telecommunications and wireless services from the Federal Communications Commission, which capped the funding this year at $3.9 billion. In total, the districts requested $3.92 billion [including $1.6 billion for internal Wi-Fi networks] — just over the […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

EBSCO Introduces Explora, A New EBSCOhost User Interface Available for Public Library and K-12 School Library Markets

Here’s Some of What EBSCO Has to Say in Their Introductory Announcement: EBSCO designed Explora following a series of user research studies with the goal of better assisting students in completing research and classroom assignments and providing a more intuitive search experience for public library patrons. Multiple versions of Explora will be released for schools […]

Non-Profit Group Plans to Open Omaha’s First Digital Library, Omaha Public Library Will Be a Partner

From the Omaha World-Herald: Omaha philanthropists will transform a vacant former bookstore into the city’s first digital library, the nonprofit group Heritage Services announced today. The library will be aimed at offering the entire community access to the latest digital information and technology, education in using it and equipment in spaces designed to foster creativity. […]

Amazon.com Will Acquire Goodreads

Update 2: AllThingsD/WSJ: “Actually, Amazon Paid About $150 Million for Goodreads” According to sources, Amazon paid about $150 million for Goodreads, the popular books recommendation service. But that number could close in on $200 million, if certain performance metrics are met. Update: Read What Goodreads CEO, Otis Chandler Has to Say About the Amazon Acquisition […]

Proposed ‘Digital Literacy Corps’ will not Usurp School Librarians’ Role, Explains FCC

A nationwide plan described in the New York Times has sparked an angry response among school librarians. But tech trainers in the $200 million program will teach computer skills after hours and in public libraries–not in school or directly to students, according to the FCC and ALA.