The company has been the ultimate under-the-radar survivor, changing hands, taking on debt, and preparing to go public, only to find a white knight in Microsoft.
By Dan Mitchell, contributor
FORTUNE -- Given the premium price Microsoft is paying for Skype, it's striking that the Internet phone company has spent so much of its short life being passed around like a cheap bottle of holiday wine. Also striking is the eye-popping level MORE
May 11, 2011 5:59 PM ET
Cell phone hardware innovators are gathering at Google. That could mean big changes for Android.
Joe Britt at Google I/O
FORTUNE -- Matt Hershenson and Joe Britt, two legendary figures in mobile phone development, have suddenly resurfaced as part of the team building Android. Their hiring signals a big change at Google, showing that the company is getting just as serious about the hardware of phones — and this goes well MORE
Seth Weintraub - May 11, 2011 3:31 PM ET
Even as big publishers strike deals to put content on the iPad, a small ebookseller bites the dust
Source: BeamItDown Software
In an bitter letter to users, BeamItDown Software's Philip Huber makes no bones about whom he blames for the fate of his company and its iFlowReader app, both of which will cease operations on May 31.
"The crux of the matter is that Apple is now requiring us, as well as MORE
Philip Elmer-DeWitt - May 11, 2011 7:41 AM ET
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*All Things D reports that daily deals site Groupon wants that initial public offering (IPO) to happen sooner rather than later -- and by "sooner," we mean as early as this week. Regardless of when ever it does go public though, the company could be valued at $15 billion-plus. MORE
JP Mangalindan, Writer-Reporter - May 11, 2011 6:30 AM ET
"Does this data indicate anything about your location or doesn't it?"
Tribble and Franken. Source: U.S. Senate
At the Senate Judiciary Committee's subcommittee on privacy, technology and law Tuesday, Sen. Al Franken put his finger on the most glaring contradiction in the controversy that has come to be known as Locationgate:
On the one hand we have Steve Jobs telling All Things Digital's Ina Fried that the location data Apple (AAPL) gathers MORE
Philip Elmer-DeWitt - May 10, 2011 3:09 PM ET
The one company that wanted Skype: Microsoft. Can the service unite Microsoft's far flung empire and raise its tech profile?
FORTUNE -- You'll be hearing about video chat a lot more over the next few years thanks to Microsoft's headline-making $8.5 billion acquisition of the popular Internet telephony company Skype, which both companies confirmed in a joint announcement earlier today. It's the largest sum Microsoft (MSFT) has ever forked over for MORE
JP Mangalindan, Writer-Reporter - May 10, 2011 3:06 PM ET
Microsoft's new marketing campaign seems to be stuck in a time warp of Apple's making
Reactions to the new Microsoft TV ads -- the first of which aired Monday night (video below the fold) and featured a young woman who is persuaded to accept a free state-of-the-art Windows 7 PC by a salesman who secretly built a computer store in her home -- run, like water faucets, either hot or cold.
Half MORE
Philip Elmer-DeWitt - May 10, 2011 11:11 AM ET
Trading in the company's shares Monday was slower than it's been since New Year's Eve, 2010
Click to enlarge. Data: NASDAQ
Apple (AAPL) has been trading in a narrow band this year -- to the undying frustration of investors who think the stock's price ought to reflect the company's breakneck earnings growth (EPS up 75%, 68%, 75% and 92%, respectively, over the past four quarters).
Apple's trading volume, by contrast, is as MORE
Philip Elmer-DeWitt - May 10, 2011 8:09 AM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
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* Multiple reports abound that Microsoft is negotiating to buy popular video calling service Skype for some $8.5 billion, but according to All Things D, the MORE
JP Mangalindan, Writer-Reporter - May 10, 2011 6:30 AM ET
A line-cutting fracas that broke a window and injured four is reportedly "resolved amicably"
Photos: mychinaviews.com
It turns out that the clearest account yet of the incident Saturday -- described by some observers as a "riot" -- that left blood and broken glass outside Apple's (AAPL) flagship store on Beijing's Sandilun Road was published Monday in the People's Daily, the official organ of the Central Committee of the Chinese Communist Party:
"According MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.82% |
| Ford Motor Co | 12.28 | -0.46 | -3.60% |
| Frontier Communicati... | 4.24 | -0.23 | -5.26% |
| Juniper Networks Inc... | 21.57 | -0.80 | -3.58% |
| Cisco Systems Inc | 19.58 | -0.25 | -1.26% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,666.89 | -67.74 | -0.53% |
| Nasdaq | 2,813.64 | 8.36 | 0.30% |
| S&P 500 | 1,315.93 | -2.50 | -0.19% |
| Treasuries | 1.92 | -0.01 | -0.73% |