Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.
* Netflix (NFLX) CEO Reed Hastings published a letter to shareholders earlier this week that (vaguely) explains how his company plans to rally after months of strategic missteps. "We don't have to 'beat' Starz or other networks to succeed," he wrote. "We won't have every movie or TV series; but we MORE
JP Mangalindan, Writer-Reporter - Oct 26, 2011 3:30 AM ETLongtime executive Ginni Rometty will replace Sam Palmisano as president and CEO of IBM starting early next year. She spoke to Fortune minutes after the announcement.
FORTUNE -- IBM has a new chief. Longtime executive Ginni Rometty will replace Sam Palmisanoas president and CEO starting January 1. Having put in 30 years at the company and survived IBM's (IBM) near death experience in the early 1990s, Rometty literally bleeds blue. She MORE
Jessi Hempel, writer - Oct 25, 2011 6:07 PM ETEven though word of mouth moves consumer markets more than any time in history, many marketers are still having a hard time turning social media into profits. Here's what they need to know.
By Russ Fradin, CEO, Dynamic Signal
FORTUNE -- I'm fascinated by the story of Francesco Gonzaga, the Marquis of Mantua at the end of the 15th century. For many years, Gonzaga had been viewed as a young, untested MORE
Oct 25, 2011 3:05 PM ET
Netflix is suffering after a series of public relations debacles -- and now, shares are tanking on massive subscriber losses. The problem? Its chief isn't hearing what customers are saying.
By Dan Mitchell, contributor
FORTUNE -- There's no denying that Netflix and its chief, Reed Hastings, have made serious missteps. In trying to move the company away from DVD rentals as it expands its streaming-video business and in raising prices for some MORE
Oct 25, 2011 1:57 PM ET
These days, Yahoo seems to be more about generating rumors than solid prospects for the future. So why would Google ever want to risk getting involved? Here are six potential reasons.
By Kevin Kelleher, contributor
FORTUNE -- If a company stays on the auction block long enough, rumors about its fate will eventually begin to repeat themselves. In 2008, while Yahoo co-founder Jerry Yang insisted the web giant wasn't for sale, Microsoft MORE
Oct 25, 2011 11:53 AM ET
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.
Tony Fadell's redesigned thermostat.
* Bloomberg reports that Apple (AAPL) may be developing a television set sporting what Steve Jobs told Walter Isaacson is "the simplest user interface you could imagine." Piper Jaffray analyst Gene Munster predicts such a device could go on sale next year or in 2013. (Bloomberg)
* The MORE
JP Mangalindan, Writer-Reporter - Oct 25, 2011 10:40 AM ET
He helped build the massively popular iPod and iPhone. Now, he's turned to something very different: thermostats.
FORTUNE -- Tony Fadell has defied skeptics before. Ten years ago, when a slick gadget he conceived and helped to build hit the market, most analysts shrugged, saying the new tech toy would be irrelevant to most people. The prediction ranks among to top bloopers in the history of tech punditry. Fadell's gadget, the MORE
Miguel Helft, senior writer - Oct 25, 2011 7:38 AM ET
He mapped out a strategy to rescue the failing merger on a whiteboard in 2003
Jobs reviewing an early version of OS X. Photo: Brent Schlender
After a long meeting with Steve Jobs last year about what the iPad would mean for publishers, Fortune's technology editor Stephanie Mehta -- known to her colleagues as "Stephanie Telephony" when she covered telecommunications -- remarked that Jobs was a surprisingly astute student of other people's MORE
Philip Elmer-DeWitt - Oct 25, 2011 7:05 AM ET
Fortune contributor Brent Schlender shares some of the stories and personal photographs he collected during more than two decades as Steve Jobs' chronicler and confidant.
Jobs' scribe: Schlender (left) interviewing Jobs at a Next company picnic
FORTUNE -- Most of us who wrote in depth about the brilliant career of Steve Jobs sooner or later came to realize that we were complicit in the making of a modern myth. You simply MORE
Oct 25, 2011 5:00 AM ET
Apple's chief designer is the highlight of the "Celebrating Steve" special event
Ive remembering Jobs. Source: Apple Inc.
This 80-minute film, shot live on the Apple campus Oct. 19, was posted Sunday night, disappeared for half a day, and reappeared Monday afternoon. It features a tribute from Tim Cook, a rare public appearance of Bill ("The Coach") Campbell, a speech by Al Gore and performances by Norah Jones and Cold Play.
But MORE
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| 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% |