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.
*Adobe (ADBE) is restructuring and laying off 750 employees in North America and Europe. Also, sources tell ZDNet that the company is stopping development on Flash Player for mobile browsers and focusing its efforts instead on mobile apps, desktop content, and HTML5. That last bit about HTML5 may cause some Apple aficionados to revel, if true, given Steve Jobs' now-famous April 2010 memo, "Thoughts on Flash." In it, the former Apple CEO criticized Flash's reliability, security, and performance. (TechCrunch, ZDNet, and Apple)
* Shares for the Japan electronics company Olympus (OCPNY) plunged for the second day following an announcement that its executives covered up losses on investments for decades that may have exceeded $1 billion at one time. Olympus President Shuichi Takayama blamed former president and chairman Tsuyoshi Kikukawa, ex-VP Hisashi Mori, and internal auditor Hideo Yamada. (The Wall Street Journal and Reuters)
* HP CEO Meg Whitman reportedly told Palm and HP (HPQ) employees that the company isn't sure yet what to do with webOS, which it acquired last year. (The Verge)
* Over at Slate, writer Farhad Mango makes the bold statement that Google+ is living on borrowed time. (Slate)
* The Kindle Fire and Kindle Touch arrive in Best Buy (BBY), Target (TGT), Walmart (WMT), Staples (SPLS), and other U.S. stores November 15. (Amazon)
* As if Facebook, Twitter, and Google+ weren't enough, now there's another social network, WhoSays.com, though this one's for celebs only. (Fast Company)
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A new crop of apps from Amazon, LinkedIn and Box.net are the latest to take advantage of HTML5. They also signal this young language already has business' blessing.
FORTUNE -- Something in the last 18 months kicked the HTML5 adoption machine into overdrive. Maybe it was tech giants Apple and Microsoft joining hands and dubbing it the future of the web. Maybe it was Google's launch of the Chrome Web Store, MORE
JP Mangalindan, Writer-Reporter - Aug 30, 2011 11:06 AM ET
Or, the art of selling change.
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A curated selection of the weekend's most newsworthy tech stories from all over the Web.
Nokia CEO Stephen Elop. Photo: luca.sartoni, Flickr
Nokia CEO Stephen Elop revealed over the weekend that Microsoft outbid Google and will pay Nokia "billions" for the right to have its recently-introduced Windows Phone 7 operating system run on the handset maker's devices. Elop also hinted the first Windows Phone 7 are likely to come out this year instead MORE
JP Mangalindan, Writer-Reporter - Feb 14, 2011 6:00 AM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
"Who wouldn't aspire to be Google? But we're not a Google, we're Yahoo." -- Carol Bartz, Yahoo CEO. (Third Age)
Bartz took to the stage at the Web 2.0 Summit in San Francisco earlier this week and revealed MORE JP Mangalindan, Writer-Reporter - Nov 17, 2010 4:25 AM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
Less than an hour after TV media like Anderson Cooper and Dr. Phil accused Amazon of "peddling pedophilia" for recognizing and selling a pedophile "how-to" guide on Amazon's Bestsellers list, the ecommerce site pulled it from its MORE JP Mangalindan, Writer-Reporter - Nov 11, 2010 6:00 AM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
Oracle reportedly hired private detectives to locate new HP CEO Leo Apotheker. Apotheker's former company, SAP, had recently admitted to stealing software from Oracle via its retired TomorrowNow subsidiary. (ITWorld)
Amazon is extending the 70% retail royalty MORE
Skyfire CEO Jeffrey Glueck explains how his newly approved browser works
The Skyfire browser, which has been downloaded more than 1.5 million times on Google (GOOG) Android devices, has just been approved as an application for Apple's (AAPL) App Store. It goes on sale at 9 a.m. EDT Thursday for $2.99.
The app gets around Apple's restrictions against Adobe (ADBE) Flash by converting Flash videos into an HTML5 format suitable for MORE
Philip Elmer-DeWitt - Nov 2, 2010 1:57 PM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
Surprise, naysayers! Microsoft posted a record first quarter: $5.41 billion in earnings and $16.2 billion in revenue -- in particular, sales were up 25%. CFO Peter Klein said in a statement that it was an exceptional MORE
JP Mangalindan, Writer-Reporter - Oct 29, 2010 8:11 AM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
The New York Times gives us a rare behind-the-scenes look at Facebook COO Sheryl Sandberg, essentially portrayed as the necessary "yin" to Mark Zuckerberg's "yang," and shedding light MORE JP Mangalindan, Writer-Reporter - Oct 4, 2010 6:30 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Citigroup Inc | 32.36 | -1.00 | -3.00% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
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