Today in Tech: Adobe embraces HTML5

August 2, 2011: 3:30 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. 

* Airbnb co-founder Brian Chesky issued an unconditional apology to an Airbnb host whose apartment was reportedly trashed and robbed. In addition, the company is also issuing a $50,000 guarantee against damages to hosts. The "Airbnb Guarantee" will apply to reservations starting August 15 but also retroactively cover prior damages, too. (Airbnb via TechCrunch)

* Apple revealed the price points for its upcoming iCloud service. Users will receive 5 gigabytes for free, and if they want more storage they'll find three options: $20 a year for 10 gigabytes, $40 a year for 20 GB, and $100 a year for 50 GB. (9 to 5 Mac)

* Adobe unveiled Adobe Edge, new software that will let Web designers fashion online content with HTML5, JavaScript and CSS in lieu of Flash. (The New York Times)

* Twitter confirmed it's received "significant" new venture funding -- a reported $800 million -- from investors like DST Global of Russia that values the social network at roughly $8 billion. (All Things D)

* How online firms are turning to celebrities like Justin Timberlake to create buzz and boost traffic. (Wall Street Journal)

* Android now accounts for 48% of the global smartphone market, ranking as the number one platform in 35 out of 56 countries tracked by research firm Canalys. (In comparison, Canalys reports the iPhone trails with a 19% market share.) (Reuters)

Don't miss the latest tech news. Sign up now to get Today in Tech emailed to you each and every morning.

Join the Conversation
About This Author
JP Mangalindan
JP Mangalindan
Writer, Fortune

JP Mangalindan is a San Francisco-based writer at Fortune, covering Silicon Valley. Since joining in 2010, he has written on a wide array of topics, from the turnaround of eBay to the evolution of net neutrality. A graduate of Fordham University, Mangalindan has also written for GQ, Popular Science, and Entertainment Weekly.

Email JP
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.