Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
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The Wall Street Journal reports that the next iPhone will indeed be thinner and lighter than the iPhone 4, but also reports that another, cheaper iPhone is in the works as well. Meanwhile next year, another iPhone model will supposedly feature "new ways of charging the phone." We hope that last part means inductive (read: wireless) charging, but of course, we'll have to wait and see. Also, tech blog This is my next says a tweaked iPad model is also due out this fall. This "iPad HD" will supposedly sport double the screen resolution of the current version and aim for the higher end of the consumer market. (The Wall Street Journal and This is my next)
* Twitter is supposedly raising $400 million in funding at a valuation of $8 billion. This particular round will be led by Yuri Milner's firm DST Global and also include previous company investors like Kleiner Perkins. (The New York Times / DealB%k) More
A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
Microsoft's fiscal third quarter figures are out: profits jumped 31% and sales inched up to $16.4 billion, but several analysts noted that revenue from the division that includes the Windows operating system actually fell 4% to almost $4.5 billion, likely due in part to the overall decline in MORE
JP Mangalindan, Writer - Apr 29, 2011 6:30 AM ET
A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
It's official: The Flip digital cam is dead. (Long live, Flip.) Cisco, which bought the startup behind the product line for $590 million back in 2009, will close down the business and lay off all 550 staffers as part of a restructuring of its consumer electronics division. The MORE
JP Mangalindan, Writer - Apr 13, 2011 5:00 AM ET
As Goldman Sachs, Accel Partners, and others clamor for a larger piece of Facebook and its valuation spirals upwards, here's a look back through all the VC rounds and players that fueled Facebook to be what it is today.
When Goldman Sachs (GS) and Digital Sky Technologies invested $500 million in Facebook, propelling its valuation to a new high of $50 billion, they renewed chatter about whether the social network was MORE
JP Mangalindan, Writer - Jan 11, 2011 10:46 AM ET
Is $5.3 billion an astronomical amount to get the popular deal-a-day web site? Not really. Here's why.
If Google's $5.3 billion offer goes through later this week as suggested, it could be Groupon's lucky day.
Not that luck has been really necessary for the Chicago-based, deal-a-day e-commerce site, which delivers daily discounts and deals from local businesses to 30 million users across 500 markets in 30 countries. Since CEO Andrew Mason launched MORE
JP Mangalindan, Writer - Nov 30, 2010 3:52 PM ET
Meet the latest "viral loop" company to enter the big leagues
Boston-based Buywithme, an online "group buying" site, will today announce that it has secured a $5.5 million investment from Matrix Partners. Prior to the investment, the startup had been privately funded by friends and family.
Buywithme, like rival Groupon, combines the power of online shopping with social media.
Matrix's lead partner on the deal, Nick Beim, also spearheaded the firm's $43 million MORE
Jessica Shambora, Writer-Reporter - Jan 20, 2010 12:02 PM ET
The newest trend in e-commerce: Social media meets local networking.
When David Morton, owner of the Pompei chain in Chicago, signed up with an Internet startup to offer a coupon online, he expected to sell a few thousand at most. Instead, during the 24 hours the coupon was posted on November 22, more than 9,000 local consumers purchased an offer that got them $10 worth of pizza for $5.
The coupon was MORE
Jessica Shambora, Writer-Reporter - Dec 11, 2009 6:59 AM ET