Today in Tech: How much is HP losing on the TouchPad?

August 23, 2011: 3:30 AM ET

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"There are a lot of sweet patents in that portfolio."
-- Dean Becker, ICAP Patent Brokerage CEO, on Motorola Mobility's (MMI) 17,000 patents. (Bloomberg)

* Arik Hesseldahl over at All Things D does the math and guestimates that HP (HPQ) could be losing anywhere between $140 million and $300 million just on TouchPad-related hardware costs. (All Things D)

HP Executive Vice President Todd Bradley

* Meanwhile, HP Executive Vice President Todd Bradley may be aggressively seeking a CEO job elsewhere. (Business Insider)

* Piracy of Fox shows has more than doubled after the network changed its licensing rules to include an eight day delay between the time those shows air and free Hulu users can actually watch them. (TechCrunch)

* New York-based venture capital firm Thrive Capital, founded by 25-year-old Josh Kushner in 2009, has raised $40 million for its second fund. The news comes a day after the announcement that Skype would be acquiring group-messaging startup GroupMe, one of the companies in Thrive's portfolio. (Fortune)

* How group listening rooms (think Turntable.fm) is heating up the web music scene. (Wired)

HTC's latest batch of smartphones -- the 3.7-inch Eternity for AT&T (T)and the 4.5-inch Omega for T-Mobile USA -- will reportedly come loaded with Windows Phone 7. (Boy Genius Report)

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About This Author
JP Mangalindan
JP Mangalindan
Writer, Fortune

With a background in consumer products and pop culture trends, JP Mangalindan has brought his ability to spot the next big things to his coverage of the tech industry for Fortune.com, writing on topics as diverse as the evolution of net neutrality and the influence of social media. A graduate of Fordham University, Mangalindan has written for GQ, Popular Science, Entertainment Weekly, and nymag.com. He lives in San Francisco.

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