Morning Media Newsfeed: Barnes & Noble CEO Gone | More Snowden Video | New Editor at Voice

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Barnes & Noble CEO Lynch Out After Nook Woes Deepen (Forbes)
Another dreary chapter for Barnes & Noble came to a close Monday with the resignation of chief executive William Lynch, the man brought on board to build the company’s tablet business. Officially, Barnes & Noble offered no explanation for Lynch’s departure. It’s not difficult to read between the lines, though. Lynch, a one-time Palm executive, was unable to push Barnes & Noble into the tablet business, a market heavily dominated by Apple’s iPad, and to a far lesser extent, Amazon.com’s Kindle. NYT The moves on Monday appeared to be a step toward separating the digital and retail divisions, as the company has indicated it might do. Barnes & Noble has been in talks over a potential sale of its digital assets, as well as its 675 bookstores. Microsoft is one potential buyer of the Nook business; last year it invested hundreds of millions of dollars to acquire 17.6 percent of the division. TechCrunch E-readers never managed to beat back competition from the ever-strong Amazon, and the move into Nook tablets, based on Android, never quite hit the mark, either — a position that only seemed to get worse over time. Barnes & Noble’s last quarter saw the company report a loss of nearly $119 million, more than double the loss in the quarter a year before. The Nook division specifically, the thing on which B&N has pinned its future, made only $108 million in revenue in that period, a 34 percent drop from a year ago. GalleyCat “I appreciate the opportunity to serve as CEO of this terrific company over the last three years,” said Lynch in a statement. “There is a great executive team and board in place at Barnes & Noble, and I look forward to the many innovations the company will be bringing to its millions of physical and digital media customers in the future.”

The Snowden Video Sequel And Brazil Fallout (The Guardian / Comment Is Free)
Glenn Greenwald: “For the last two weeks, Edward Snowden has been unable to speak publicly as he attempts to secure asylum. During that time, all sorts of accusations, innuendo, and other demonization campaigns have been directed at him by political officials and various members of the US media. On Monday, The Guardian published another video of new excerpts from the interview which Laura Poitras and I conducted with Snowden, this one seven-minutes long. It was filmed in Hong Kong on June 6.” Politico In a new video released by The Guardian, Snowden says he once believed in the “nobility” of the U.S. government’s causes but grew disillusioned. “I believed in the goodness of what we were doing, I believed in the nobility of our intention to free oppressed people overseas. But over time, over the length of my career, as I watched the news and I increasingly was exposed to true information that had not been propagandized in the media, that we were actually involved in misleading the public… in order to create a certain mindset in the global consciousness. And I was actually a victim of that,” Snowden said. The Washington Post / World Snowden’s diminishing possibilities of remaining free to continue releasing information about secret U.S. surveillance programs increasingly appear to hinge on Venezuela. NBCNews / World News The status of Snowden’s bid for asylum in Venezuela remained unclear Tuesday after the country’s apparent deadline passed. The Venezuelan Embassy in Moscow said it had no information on whether the fugitive NSA leaker had completed a deal that would allow him to leave the transit area of an airport in the Russian capital.