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.
* Facebook launched a new "Facebook for Business" Web page that teaches smaller merchants how to set up a profile and create Facebook ads and deals. The move comes a week after Google+ shut down company-created profiles, restricting the social network to individual users. (GigaOm)
* Fox Broadcasting (NWS) plans to limit MORE
JP Mangalindan, Writer-Reporter - Jul 27, 2011 11:30 AM ET
The tech banker Frank Quattrone has been through multiple technology cycles in Silicon Valley, having been around long enough to know many of its central characters when they were just getting started. A Philadelphian when he arrived for business school in his young 20s, Quattrone went one to an illustrious career banking some of the industry's biggest IPOs, including Cisco (CSCO), Netscape and Amazon (AMZN). In an interview at Fortune's MORE
Adam Lashinsky, Sr. Editor at Large - Jul 27, 2011 8:56 AM ET
Over the weekend, the Kindle, Nook and Google Books apps got crippled. Thanks, Steve.
Source: SplatF
"The fact is," Steve Jobs famously told the New York Times in 2008, trying to convince them that Amazon's (AMZN) Kindle was a nonstarter, "that people don't read books anymore."
What Jobs really meant, we discover three years later, is that people don't get to read books on his iPads or iPhones unless they buy them MORE
Philip Elmer-DeWitt - Jul 27, 2011 7:20 AM ET
Netflix fees are still insanely low and the prices it pays for rights to movies and TV shows are about to soar. Investors better get used to this new reality.
Netflix CEO Reed Hastings.
FORTUNE -- Netflix (NFLX) on Monday reported a 57% increase in profits. Its stock on Tuesday plummeted by more than 10% during trading before recovering to a level 5% below the previous day's close. The plunge, at least MORE
Dan Mitchell, contributor - Jul 27, 2011 5:00 AM ET
So much data - so little space. A big fight is brewing over who gets the best parts.
By Tara Moore, reporter
We all know that our use of mobile data and video is exploding. But not everyone understands that the bandwidth needed to operate that technology is limited -- and at risk of overload. The radio spectrum is a fixed range of frequencies, controlled by the federal government (which owns 59%). MORE
Jul 27, 2011 5:00 AM ET
Now that the stock has finally broken through the $400 barrier, how high can it go?
Click to enlarge. Source: Seeking Alpha
Last summer, when Apple (AAPL) was trading for $260 a share, we ran an item on some analytical work by Nicholae Mihalache, a Romanian mathematician who teaches at the University of Paris. He had prepared a series of charts tracking Apple's performance using various criteria, from the familiar P/E (price MORE
Philip Elmer-DeWitt - Jul 26, 2011 4:05 PM ET
Twitter's Dick Costolo (left) with Fortune's Adam Lashinsky
With a multi-billion-dollar valuation and relatively small revenues, Twitter is Exhibit A for those who believe Silicon Valley is experiencing another bubble. At Fortune's Brainstorm Tech conference on July 19, the company's CEO, Dick Costolo, explained how the company's business works, including what ad products its customers are buying and how Twitters sells to them. He even hinted a major future product MORE
Adam Lashinsky, Sr. Editor at Large - Jul 26, 2011 8:34 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.
* With just a 27% share of the U.S. search market, Reuters argues Microsoft should find a buyer for online search engine Bing. (Reuters via The New York Times)
* Google is revising its approach towards Google + users who for one reason or another don't use their full, real names MORE
JP Mangalindan, Writer-Reporter - Jul 26, 2011 7:53 AM ET
Plans call for a 23,000-sq.-ft. store with minimal alterations of the landmark building
Click to enlarge. Source: ifoAppleStore
Contrary to rumors and published reports, the new store that Apple (AAPL) wants to build in New York City's Grand Central Terminal would not be its largest. At roughly 23,000 square feet, it would be smaller than London's Regent Street (25,000 sq. ft.) and the Covent Garden (24,600) stores.
But according to ifoAppleStore's Gary MORE
Philip Elmer-DeWitt - Jul 26, 2011 7:30 AM ET
With new safety features and a navigation using Google technology, Audi's new A6 is steering toward a future where drivers can (safely) be distracted.
by Doron Levin, contributor
No amount of technology will make this advisable.
FORTUNE -- Think that texting while driving is a distraction? An enhanced navigation system in the new Audi A6, drawing on technology from Google (GOOG), offers search and display functions that could take driver distraction to MORE
Jul 26, 2011 5:00 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... | 7.30 | -0.00 | -0.02% |
| Ford Motor Co | 12.28 | -0.46 | -3.62% |
| Frontier Communicati... | 4.29 | -0.18 | -4.03% |
| Juniper Networks Inc... | 21.71 | -0.66 | -2.95% |
| Cisco Systems Inc | 19.60 | -0.23 | -1.16% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,681.23 | -53.40 | -0.42% |
| Nasdaq | 2,817.47 | 12.19 | 0.43% |
| S&P 500 | 1,318.27 | -0.16 | -0.01% |
| Treasuries | 1.90 | -0.03 | -1.71% |
.
