A competition for the perfect elevator pitch.
By Jessica Shambora and JP Mangalindan
Startup Idol
FORTUNE -- Much like competing on Fox's American Idol, selling a business idea requires raw talent, mastery of the material, and command performance. So this year Fortune's Brainstorm Tech conference was back with the third "season" of Startup Idol, our answer to the hit singing competition.
In our version, five entrepreneurs vied for top honors before three investor-judges MORE
Fortune - Jul 20, 2011 11:16 AM ET
With OS X Lion, a new MacBook Air and a new MacBook mini
Source: Apple.com
In Wednesday's apple.com splash screen, Apple (AAPL) is highlighting "the new, faster MacBook Air."
Philip Elmer-DeWitt - Jul 20, 2011 8:50 AM ET
A sampling of reactions to Apple's (AAPL) profits growing 125% year over year
IDC's Al Hilwa: "Apple's growth in the third quarter was simply jaw-dropping. In 20 years of following tech I have seen very few companies in the $90 to $100 billion run-rate and none that have produced 80% organic quarterly growth. The success of the iPad truly crystallizes the point that we are living in an era of rapid MORE
Philip Elmer-DeWitt - Jul 20, 2011 5:46 AM ET
But an amateur -- a Romanian mathematician teaching in Paris -- nailed the numbers
Click to enlarge.
This story never gets old.
An army of Wall Street analysts, backed by the computing power of some of the world's richest banks and brokerage houses, have once again been out-foxed and out-analyzed by rag-tag bunch of bloggers, amateurs and independent investors.
A glance at the chart at right, which lists the 48 analysts we polled MORE
Philip Elmer-DeWitt - Jul 20, 2011 4:19 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.
"NFC [near field communications] just adds a new layer for the consumer and merchant on top of a broken system." -- Square COO Keith Rabois at Fortune Brainstorm Tech
* Apple surpassed analyst expectations yet again for the company's third fiscal quarter: profits soared 124.7% to $7.3 billion MORE
JP Mangalindan, Writer-Reporter - Jul 20, 2011 3:30 AM ET
Letting the U.S. default on its debts is not an option, the former Obama adviser says. The focus should be on the "jobs deficit."
By Brian O'Keefe
Larry Summers and Walter Isaacson
FORTUNE -- He may not be President Obama's top economic adviser anymore, but Larry Summers still has plenty of strong opinions on the economy—and some strong words for the President's Republican rivals in Congress.
Speaking at Fortune's Brainstorm Tech conference in MORE
Jul 20, 2011 1:55 AM ETLarry Summers, former Treasury Secretary and former adviser to President Obama, spoke to the Aspen Institute's Walter Isaacson at Fortune's Brainstorm Tech conference about everything from the deficit crisis to the technology bubble to his character in The Social Network.
MR. ISAACSON: So was that scene in the social network true?
(Laughter.)
DR. SUMMERS: I've heard it said that I can be arrogant.
(Laughter.)
DR. SUMMERS: If that's true, I surely was on that MORE
Fortune Editors - Jul 19, 2011 11:10 PM ET
Telecoms, banks, financial giants and startups -- plus Google and Apple -- are all scrambling to outflank and out-innovate each other in the mobile payments field.
By Stacy Cowley, CNNMoney tech editor
FORTUNE -- If you want to get a smackdown going, throw together five executives each angling for a lucrative piece of a $4 trillion market.
The retail payments space is one of tech's hottest battlefields. The reigning technology, magnetic stripes on MORE
Jul 19, 2011 8:46 PM ET
Dreamworks CEO Jeffrey Katzenberg sat down with Fortune's Andy Serwer to discuss 3D technology, joining the Zynga board, and why movies suck this summer.
Below is an unedited transcript
ANDY SERWER: Good afternoon, again. Please join me in welcoming Jeffrey Katzenberg, who is, of course, the co-founder and CEO of DreamWorks Animation SAG. And you all know Jeffrey as a movie studio executive, but he's actually a lot more than that. He's MORE
Fortune Editors - Jul 19, 2011 8:12 PM ET
At Fortune's Brainstorm Tech conference, Procter & Gamble's top executives discuss the company's digital strategy.
P&G CEO Bob McDonald
FORTUNE -- As companies go, Procter & Gamble may be an old dog, but that doesn't mean it can't learn new tricks.
That's what CEO Bob McDonald is claiming, as he attempts to turn the consumer product giant into a model of business in the digital age.
To accomplish this, McDonald has formed a close MORE
Jessica Shambora, Writer-Reporter - Jul 19, 2011 7:54 PM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
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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% |
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