Today in Tech: Apple created how many U.S. jobs?

March 5, 2012: 3:30 AM ET

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

Yelp CEO Jeremy Stoppelman.

Yelp CEO Jeremy Stoppelman.

* In a first for Apple (AAPL), the Cupertino-based tech giant published the results of a study reporting that it had "created or supported" 514,000 American jobs. Abroad, Apple says it has created almost 700,000 jobs. (Apple via The New York Times)

* Shares of Yelp, the local business reviews site, climbed 64% Friday in its initial public offering (IPO), from $15 per share to $24.58 per share. (CNNMoney)

* Foursquare co-founder Naveen Selvadurai is leaving the location-based social network after three years. Wrote Selvadurai in a blog post: "I've worn a ton of hats: from product to engineering, from funding rounds to roadshows, from recruiting to evangelizing. But ... i feel i've done all i can do and i'm moving on. (next [STREAM])

* Prabhakar Raghavan, head of Yahoo's Labs unit, is leaving for Google (GOOG). According to All Things D, the move precedes what may be cuts in his department. (All Things D)

* Square, the mobile payments startup from Jack Dorsey, is now processing $4 billion in payments per year, double what was announced last October. (TechCrunch)

* One startup quickly gaining buzz in the Valley: Highlight.The startup is positioning the iPhone-only app as a "people discovery" tool that automatically alerts users to people nearby with common connections and interests. (CNET)

* There's a new kind of programmer supposedly emerging, the "brogrammer," or "developers who are much more sociable an alike to go out and have fun." (Bloomberg Businessweek)

* A by-the-numbers comparison of the Apple Store versus the Microsoft Store. (Fortune)

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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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