The Internet Scores Its Second Victory Of The Day, Borders Nears Bankruptcy
A while back a Seeing Interactive post entitled "You've Got Mail Is Ripe For A Sequel" went popular on Hacker News. In You've Got Mail the movie, which is a bit of a joke around TC HQ because of its ties to Aol, The Shop Around The Corner, a small bookstore run by Meg Ryan goes out of business because Fox Books, a huge Borders-type book store run by Tom Hanks, opens up around the corner. The "Is Ripe For A Sequel" post pointed out how differently that scenario would have played out. Twelve years later, Borders, affected by online book sales and sales of competing e-readers, is heading into a tailspin.Source: http://feedproxy.google.com/~r/Techcrunch/~3/xSwuTQDRugo/
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