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

New Scientist calls for the end of the scholarly publishing industry: "more profitable than oil," "indefensible"

In a stirring unsigned editorial, the New Scientist calls the scholarly publishing industry "indefensible," noting that the business of publishing tax-funded research and then selling it to tax-funded institutions has produced the most profitable industry in the world, where 40% margins dwarf those commanded by oil or finance. Read the rest

Europe's massive plan to require open access for all science gets two new backers: Wellcome Trust and the Gates Foundation

In September, a consortium of 11 of Europe's largest science funders announced, "Plan S," whereby they would no longer fund research unless the grantees promised that the results would be published in an open access journal, which anyone could read and copy for free. Two more funders quickly signed up after the announcements, bringing the total to 13. Read the rest