University of California system libraries break off negotiations with Elsevier, will no longer order their journals

Elsevier (previously) is one of the titans of academic and scientific publishing, a wildly profitable and politically potent corporation whose market dominance has allowed it to extract ever-larger sums from the universities whose researchers provide the vast majority of the material it publishes -- material it does not have to pay for, and in some cases, material it charges money to publish. Read the rest