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 every day.
Outgoing Apple Senior VP Ron Johnson.
* Apple Senior Vice President Ron Johnson, the guy largely credited for masterminding the Apple Store retail experience, is reportedly leaving for J.C. Penney, where he'll be the franchise's new president and eventual chief executive. In some ways, the move may not be MORE
JP Mangalindan, Writer-Reporter - Jun 15, 2011 6:30 AM ET
The tech giant unveiled a slew of new search features, including the ability to search by images and input queries by voice on desktop computers.
FORTUNE -- Google (GOOG) makes a lot of waves with products like Android and Gmail, but its bread and butter is still search. On Tuesday, the company unveiled a slew of new search features, including the ability to search by images and input queries by voice MORE
Michal Lev-Ram, writer - Jun 14, 2011 6:11 PM ET
Ron Johnson, who came to Apple from Target, is headed back to his retail roots
Johnson at a 2009 store opening in New York City. Photo: PED
Among the senior vice presidents on whom Steve Jobs depends to run Apple (AAPL), three stand out: Tim Cook, the master of Apple's supply chain; Jony Ive, its genius designer; and Ron Johnson, the man who built the Apple Store.
Jobs is reportedly losing one MORE
Philip Elmer-DeWitt - Jun 14, 2011 12:16 PM ET
Image: Gary King
Buyers of Cisco Systems' (CSCO) high-end videoconferencing solution, TelePresence, tend to be deep-pocketed enterprises like SAP (SAP AG) and Bank of America (BANK). Why? It costs about $300,000 to set up the screens, cameras, infrastructure, lights and furniture necessary to TelePresence-enable just one room.
So it's no surprise that smaller players--like newcomer Vidyo--are trying to undercut Cisco. Last week the New Jersey-based startup introduced a lower-cost telepresence solution for the MORE
Michal Lev-Ram, writer - Jun 14, 2011 11:28 AM ET
Exploring the mysteries of what the analysts call "multiple compression"
When Apple's (AAPL) shares responded to the news out of the company's developers conference by closing the week at $325.90 -- their lowest level since last December -- I thought I'd take a look at how last Friday's stock price compared with the 12-month price targets Wall Street's analysts posted exactly one year earlier, after the conference that introduced the iPhone MORE
Philip Elmer-DeWitt - Jun 14, 2011 11:02 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 every day.
* HP announced a pretty major executive shake-up yesterday which resulted in Peter Bocian, chief administrative officer, and CIO Randy Mott's immediate departure, and Ann Livermore, executive vice president of HP's Enterprise Business, stepping down to join the board of directors. Meanwhile, EVPs Dave Donatelli, Bill Veghte, and Jan MORE
JP Mangalindan, Writer-Reporter - Jun 14, 2011 6:42 AM ET
Having overpowered the iPhone's design patents, Nokia likely now to go after Android
The settlement of its epic 20-month patent dispute with Apple (AAPL) that Nokia (NOK) announced early Tuesday could spell trouble for the makers of Android phones.
There's no question Apple lost the legal battle that pitted its significant intellectual property holdings against Nokia's even deeper patent portfolio. The terms of the settlement were not disclosed, but they require MORE
Philip Elmer-DeWitt - Jun 14, 2011 5:56 AM ET
Joins a long sad list that includes AppleWorks, Hypercard, OpenDoc and Shake
Source: Apple Inc.
If the e-mail to a MacRumors reader attributed to Steve Jobs is real -- and there is no reason to think it isn't -- Apple's CEO has confirmed with a "yep" what thousands of loyal Apple (AAPL) customers feared: The iWeb service that Apple has provided for building and hosting websites, blogs and podcasts since January MORE
Philip Elmer-DeWitt - Jun 13, 2011 2:00 PM ET
In Pandora's current business model, it loses money on every transaction. Nevertheless, it's riding the wave of tech IPOs.
FORTUNE -- There is a fundamental problem with Pandora Media's business model: the more its product is used, the more money it loses. That's the opposite of what makes a company viable in the long term. Nevertheless, the online music service is asking public shareholders to finance its growth so it can MORE
Dan Mitchell, contributor - Jun 13, 2011 1:33 PM ET
Dell's earnings and stock price are up. But is its CEO making the bold moves needed to compete with IBM and Apple?
By Katie Benner, writer
FORTUNE -- Dell Inc. isn't the No. 1 PC maker anymore, and to hear Michael Dell, the company's founder and chief executive, tell it, that doesn't much matter. Dell is a diversified technology company, offering everything from servers to systems integration. And, he insists, its future MORE
Jun 13, 2011 11:15 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Written by Michal Lev-Ram and emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| 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% |
.
