Barnes & Noble (BKS +2.1%) strips out the bells and whistles in its newest Nook e-reader;...

|By:, SA News Editor

Barnes & Noble (BKS +2.1%) strips out the bells and whistles in its newest Nook e-reader; the Simple Touch, priced at $139, will go head-to-head with Amazon's (AMZN -1.2%) basic Kindle. The goal, CEO William Lynch says, is to minimize the technology so users can be immersed in reading. But is this is the type of digital advancement Liberty Media (LCAPA +2.2%) was expecting?