A ruling in Barclays v. TheFlyOnTheWall shifts the balance of power away from content producers in favor of news aggregators. But Google News may still face obstacles.
By Abigail Field, contributor
FORTUNE -- Nearly a hundred years ago, the Associated Press won a U.S. Supreme Court case against a rival news service that was ripping off its stories, and in the process created a new type of lawsuit: the misappropriation of hot MORE
Jun 21, 2011 10:47 AM ET
After the Verizon iPhone launched in the U.S., Android suffered its first quarterly decline
Click to enlarge. Source: Needham & Co.
The chart at right, taken from a note Needham's Charlie Wolf sent to clients Monday, could be labeled "The Verizon iPhone Effect."
Using IDC data, Wolf shows Apple's (AAPL) share of the U.S. smartphone market gaining 12.3 percentage points to 29.5% in the March quarter while Android's share in the U.S. MORE
Philip Elmer-DeWitt - Jun 21, 2011 7:11 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.
* Verizon reportedly plans to launch new tiered data plans on July 7: 2 GB for $30 a month, 5 GB, for $50 a month, and 10 GB for $80 a month for both 3G and 4G. (If users want to add a data tethering option, so their phones MORE
JP Mangalindan, Writer-Reporter - Jun 21, 2011 6:30 AM ETNo need to question Twitter's bona fides as a useful service, but can Costolo, Dorsey and team figure out how to start paying the rent?
The first in a series of articles leading up to Fortune Brainstorm Tech, a conference from July 19-21 in Aspen, Colorado that will round up many of the best and brightest thinkers in technology. Our coverage will examine the progress of companies that presented last year MORE
JP Mangalindan, Writer-Reporter - Jun 20, 2011 11:42 AM ET
Not that it has done any good. Shares fell 1.5% that day and opened 0.9% lower on Monday
We've been following Andy Zaky's posts on Bullish Cross since 2007 and have found, as he likes to remind readers, that he's one of the best independent analysts following Apple (AAPL). His estimates of Apple's quarterly earnings are uncannily accurate. In the years we've been tracking them, they've never failed to beat those MORE
Philip Elmer-DeWitt - Jun 20, 2011 10:46 AM ET
But then, neither is Microsoft gaining on Apple
Market capitalizations. Source: Wolfram Alpha
As measured by market capitalization (i.e., stock price times number of shares) Apple (AAPL) overtook Microsoft (MSFT) in May 2010 to become the world's most valuable tech company.
Apple still trails Exxon Mobil (XOM), the No. 1 publicly traded company, by more than $90 billion.
Philip Elmer-DeWitt - Jun 20, 2011 7:51 AM ET
Having ported a hit game from iOS, one developer reveals the good, the bad and the ugly
Battleheart character. Source: Mika Mobile
"With Battleheart having been on sale for a few weeks, I feel I'm equipped to offer up some impressions of the Android market from a developer's perspective."
So began a post Saturday by Noah Bordner, a veteran game animator (EA, Lukas Arts, Bungie) whose indie development house Mika Mobile has MORE
Philip Elmer-DeWitt - Jun 20, 2011 6:46 AM ET
Fortune's curated selection of the weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
"If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company." - Jeff Bezos, Amazon CEO (GeekWire)
* Bloomberg reports that Skype fired several high-ranking executives -- including vice presidents David Gurle, Christopher Dean, Russ Shaw, MORE
JP Mangalindan, Writer-Reporter - Jun 20, 2011 6:30 AM ET
By the same "PEG" measure, the 3 most overvalued are Amazon, Cisco and Netflix
Click to enlarge. Date: NASDAQ. Chart: PED
Here's a simple exercise suggested by one of my readers.
Take a stock you're interested in and calculate its price/earnings to growth ratio, better known as its PEG ratio. The formula looks like this:
According to Peter Lynch, who popularized the measure, the P/E ratio of any company that's fairly priced will MORE
Philip Elmer-DeWitt - Jun 19, 2011 7:08 AM ET
The yellow Post-it is usually a sign that something new is coming
[UPDATE: The store came back up shortly after 6:00 a.m. EST Sunday. If there were any changes, I can't see them.]
Sometimes Apple (AAPL) takes its online store off-line for cosmetic changes -- like maybe a Father's Day sale. Sometimes it's to clear the decks for a new piece of hardware. What that might be, we can only guess. Among 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% |