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.
* Warren Buffett, CEO of Berkshire Hathaway, told CNBC that his company spent about $10.7 billion this year to buy 64 million IBM (IBM) shares, acquiring a bold 5.5% stake in the company. (Fortune)
Author Salman Rushdie
* Author Salman Rushdie raised a ruckus on Twitter yesterday after Facebook deactivated his account, then later reinstated it with the name used on his passport instead. The kerfuffle emphasized a continuing problem surrounding online identities. The New York Times explores who whose business is it -- and why? (The New York Times)
* Several notable employees and board members have recently left Twitter. Here's a tally. (Fortune)
* Have we moved beyond focusing purely on technical specifications now that we have devices like the MacBook Air or Kindle Fire? That's what TechCrunch columnist MG Siegler argues. (TechCrunch)
* Apple's iTunes Match service, which basically scans users iTunes libraries and matches them to the music available on the iTunes store, went live yesterday. (The Loop)
* Ilya Zhitomirskiy, one of the four co-founders of the social network Diaspora, committed suicide over the weekend at the age of 22. (CNNMoney)
* Tech blog The Verge may have gotten its hands on a photo of the first BlackBerry with the new upcoming operating system, BBX. (The Verge)
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China will grow on a scale the world has never seen before. Can that growth be green?
Image via Wikipedia
The environmental consequences of China's economic growth are both well-known and horrifying: more cars, more coal and more toxic crud fouling its streams and rivers. Less appreciated are the reasons for hope.
"This is a critical year, really a transformational moment," says Li Lu, the chairman of Himalaya Capital Management and a MORE
Scott Woolley - Apr 7, 2011 10:46 AM ET
With its market cap at $213.9 billion, only two U.S. companies are bigger than Apple
Here's one way to measure Apple's (AAPL) progress in March, a month in which its stock price set 11 all-time highs.
On March 9, a few days after the company announced the iPad's ship date, Apple's market capitalization (share price times shares outstanding) was $198.5 billion, making it one of the five most valuable U.S. companies, right MORE
Philip Elmer-DeWitt - Mar 31, 2010 6:34 AM ET
Shares surge on iPad pre-orders, making Apple America's third most valuable company
UPDATE: That was short-lived. By March 15, Apple's market cap had fallen below Wal-Mart's once again.
Ninety minutes after Apple (AAPL) opened its online store for iPad pre-orders Friday morning, a burst of trading -- roughly 2 million shares in 30 minutes -- pushed its stock price to $227.73 and its market cap to $206.5 billion.
That, and a dip in MORE
Philip Elmer-DeWitt - Mar 12, 2010 10:43 AM ET
With its record close Friday, it's now the 4th largest publicly traded U.S. company
Source: Wolfram Alpha
When its shares closed at $218.95 Friday, Apple (AAPL) became one of the five biggest U.S. companies by market capitalization, right below Wal-Mart (WMT) and above Berkshire Hathaway (BRK-A). (See chart at right.)
In the horse race most tech handicappers care about, however, Apple vs. Microsoft, the company has another $50 billion and change to MORE
Philip Elmer-DeWitt - Mar 6, 2010 6:35 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% |
| Intel Corp | 26.73 | -0.43 | -1.58% |
| 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% |
| 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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