Today in Tech: The decline of Japanese electronics

February 7, 2012: 3:55 PM ET

Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.

* Sony (E), Sharp, and Panasonic's combined losses for the fiscal year will total a whopping $17 billion. The Wall Street Journal explores why this Japanese tech trifecta is losing consumers. (The Wall Street Journal)

* Why Facebook's recent claim of 845 million monthly active users and 483 million daily active users may not be entirely accurate. (The New York Times/DealBook)

* Amazon (AMZNlowered the prices for its Amazon S3 services. (Amazon Web Services)

* Predictions for the iPad 3 are picking up. Chief among them: a display with double the resolution as the iPad 2, powered by a significantly faster processor. (PCWorld)

* Just as it does in many Best Buy and Target stores, Apple (AAPL) is reportedly considering having mini-Apple Store-like setups in Sam's Club locations. (9 to 5 Mac)

* An in-depth look at the popular mobile app Instagram. (Gizmodo)

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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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