Paper: Silicon Valley's favorite drawing app

With Paper, a handful of ex-Microsoft employees are proving the iPad is more than just a consumption device, one digital brush stroke at a time.

FORTUNE -- If you thought the iPad was still purely a consumption device, take a few minutes to doodle around with Paper by FiftyThree.

Since co-founders Georg Petschnigg, Andrew S. Allen, Julian Walker, and Jonathan Harris launched the company nearly a year ago, its drawing app MORE

Spotify for video? It just might work

The streaming startup may be preparing a radical new service. Here's why it makes sense.

FORTUNE -- Can Spotify do for video what it is trying to do for music?

According to a Business Insider report this week, the popular music streaming service is working on an on-demand video business intended to tackle Netflix (NFLX) head-on, with plans to invest in original content much in the same way the streaming pioneer invested at least $4.5 MORE

Today in Tech: HTC's bolder approach to, well, everything

Also: Yahoo's $30 million acquisition; BlackBerry's mysterious million-smartphone partner. 

HTC's marketing chief takes bolder approach [THE WALL STREET JOURNAL]

"We have a lot of innovations but we haven't been loud enough," said Mr. Ho, a Singaporean who is HTC's third marketing chief in less than two years.  The new approach, he says, will be bolder.

Customers were treated to a sneak peek of the new strategy when HTC fielded teams to demo the One outside the MORE

Today in Tech: Windows Blue leaks early

Also: Apple buys WifiSLAM; Inside 'Apple Anonymous.' 

Apple acquires indoor location company WifiSLAM [THE WALL STREET JOURNAL]

The two-year-old startup has developed ways for mobile apps to detect a phone user's location in a building using Wi-Fi signals. It has been offering the technology to application developers for indoor mapping and new types of retail and social networking apps. The company has a handful of employees, and its co-founders include former Google MORE

Today in Tech: Is Google working on a smartwatch, too?

Also: Apple's internal design teams play nice; Samsung guns for low-end smartphone market. 

Google's Android unit reportedly building a smart watch [THE VERGE]

According to a recent report from The Financial Times, Google might also be getting into the smartwatch game. And unlike Glass, which was developed in the company's experimental X Lab, the watch (not pictured above) is said to be under development by the Android unit, possibly indicating that Google sees it MORE

Today in Tech: YouTube reports 1 billion users

Also: Why Google can Keep it to itself. 

YouTube reaches 1 billion unique monthly users, almost 15% of planet Earth [THE NEXT WEB]

Google says that the video site reaches almost one out of every two people on the Internet. Its monthly viewership would make it the planet's third-largest country, behind China and India.

These feats are all the more interesting considering that Google was criticized for over-paying for the site when it bought MORE

Today in Tech: Is Amazon working on a $99 Kindle Fire HD?

Also: HP board faces a critical vote; Adobe CTO leaves for Apple. 

Amazon rumored to be working on a $99 7-inch Kindle Fire HD [TECHCRUNCH]

According to what we've heard, the $99 Kindle Fire HD will also still sport a TI processor like the rest of the lineup, and will have a 1280×800 resolution, like today's Kindle Fire HD 7″ does.

This report follows an announcement Amazon made earlier this month about reduced prices on its MORE

Klout launches business portal, is gunning for brands

The social scoring startup is making a play for business users with new enterprise features that begin rolling out today.

FORTUNE -- Klout, the analytics startup that aims to measure users' influence across their social networks, is going after businesses. The San Francisco-based venture, which launched in 2008, is launching Klout for Business, a portal intended to be used by big-name brands to better understand their online audiences.

Today, Klout is making available MORE

4 moves Electronic Arts must make now

How to fix the ailing games giant.

FORTUNE – Have the mighty fallen? That was the question raised when Electronic Arts, the publishing giant behind hits like Dead Space 3 and Battlefield 3, announced that longtime CEO John Riccitello would step down at the end of March. Former CEO and current chairman Larry Probst will take over in the interim until the company finds a replacement. "I am proud of what we have accomplished MORE

Silicon Valley looks to Amy Andersen for love, at $50,000 a pop

Meet Amy Andersen. She teaches tech executives, entrepreneurs, and investors from the likes of Apple, Google, Facebook, and Salesforce how to date.

FORTUNE -- Amy Andersen was on a date. It was one of several with a venture capitalist that a friend had set her up with. On paper, he seemed ideal: mid-30s, funny, good-looking, athletic. But as they saddled up at Harry's Bar, a cherrywood-lined sports haunt in San Francisco's Pacific MORE