Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
* The Verge gives at a long look at Research in Motion's rise and decline: how it was built and how former co-CEOs Mike Lazaridis and Jim Balsillie lost their way. Also, the company's ailing BlackBerry PlayBook tablet received a software update that finally brought native apps to access email, calendar, address book and BlackBerry Messenger functions. (The Verge and CNNMoney)
* Dell's fiscal fourth quarter earnings came in below analyst predictions: an 18% drop in net income to $764 million on revenues of $16 billion. (The New York Times)
* Comcast (CMCSA) is working on a new subscription video-on-demand competitor, named "Streampix," intended to go up against Netflix (NFLX). But the streaming service will only be available to those who also subscribe to Comcast cable. (Variety)
* Netflix inked a deal with The Weinstein Company. Translation: film titles like The Artist, Sarah's Key, and The Intouchables, are coming to Netflix Instant. (Techcrunch)
* Tech entrepreneurs are getting younger and younger. Venture capitalists like Andreessen Horowitz now say they're funding startups with 18 or 19-year-old founders. (Reuters)
* According to the analytics firm Distimo, many app makers are apparently making more money from their apps in Amazon's Appstore than they are via Google's Android Market. (GigaOm)
* Is Amazon's rewards program, Amazon Prime, profitable? Probably not. But it is a vital part of the company's long-term strategy. (Fortune)
* As reported yesterday, Barnes & Noble (BKS) released a $199 version of its recently introduced Nook Tablet with 8 gigabytes of storage, arguably to better combat Amazon's Kindle Fire. (Barnes and Noble)
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Fortune's curated selection of tech stories from the long weekend. Sign up to get the round-up delivered to you each and every day.
* Some analysts have previewed the software update for Research in Motion's PlayBook and aren't impressed. Worse, they believe the update will do little to turn the floundering tablet's sales around. (The New York Times)
Hulu CEO Jason Kilar
* Like Netflix (NFLX), Hulu is upping the ante by offering original content MORE
JP Mangalindan, Writer-Reporter - Jan 17, 2012 4:15 AM ETFor months, analysts have been expecting an iPad-like device worthy of taking Apple head on. Now it seems Amazon may have cooked up something very different -- and that shouldn't come as much of a surprise.
[UPDATE: Bloomberg News reports that Amazon's new Kindle is indeed called Fire and will retail for $199. The tablet reportedly sports a 7-inch color screen but lacks a camera or microphone. The device will have MORE
JP Mangalindan, Writer-Reporter - Sep 28, 2011 5:00 AM ET
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the newsletter delivered to you every day.
Amazon CEO Jeff Bezos may unveil the Kindle Fire tomorrow.
* TechCrunch and GDGT report that Amazon (AMZN) and CEO Jeff Bezos will unveil a much-rumored color reading tablet dubbed the Kindle Fire at tomorrow's company event in New York City. If these reports prove accurate, the Kindle Fire will sport a MORE
JP Mangalindan, Writer-Reporter - Sep 27, 2011 3:30 AM ET
Expected to account for 73.4% of a market that has grown more than 260% since 2010
Click to enlarge.
Gartner Inc. is a lot better at telling you what's already happened than predicting what's about to.
Witness Thursday's report on worldwide tablet sales in which it describes Apple (AAPL) as having a "free run" in the tablet market this coming holiday season, accounting for nearly three quarters of the 63.6 million units MORE
Philip Elmer-DeWitt - Sep 22, 2011 11:29 AM ET
But phone and tablet sales are weaker, and 32% brought a TV to school, down from 73%
A relatively small survey from Hudson Square Research -- 158 students in eight U.S. colleges and universities interviewed over the past three weeks -- nonetheless yielded some striking results. According to a note to clients issued Monday by Hudson Square's Daniel Ernst:
69% of returning students said they spent less than last year on technology MORE
Philip Elmer-DeWitt - Sep 19, 2011 3:54 PM ET
A collection of delusional quotations, courtesy of Business Insider's Jay Yarow
Source: Asymco
Touchscreen smartphones have finally taken their toll on the venerable BlackBerry. As the Asmyco chart at right shows, BlackBerry shipments (green line) hit a wall in early 2011 and have been headed south ever since.
Did Mike Lazaridis and Jim Basille, Research in Motion's (RIMM) co-founders, underestimate the threat posed by Apple (AAPL)?
You bet they did -- loudly, repeatedly and MORE
Philip Elmer-DeWitt - Sep 17, 2011 5:48 AM ET
Sony's tablet could be the next to stumble, says another
BlackBerry PlayBook
Wall Street's best and brightest are expressing varying degrees of shock at the news Thursday that Research in Motion (RIMM), which delivered 500,000 BlackBerry PlayBook tablets in the quarter that ended in May, shipped a dismal 200,000 in the August quarter -- suggesting that most of those first half-million units are still sitting, unsold, on store shelves.
"We believe the MORE
Philip Elmer-DeWitt - Sep 16, 2011 10:31 AM ET
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the newsletter delivered to you every day.
* Google (GOOG) is reportedly developing a competitor to the popular curated news app, Flipboard, with a project dubbed "Propeller." Sources tell Robert Scoble that it's "mind-blowing good." (All Things D and Robert Scoble via Google +)
* BlackBerry-maker Research In Motion (RIMM) reported lower-than-expected revenues and profits for its latest quarter, telling MORE
JP Mangalindan, Writer-Reporter - Sep 16, 2011 7:50 AM ET
What do TV viewers want in the Internet era? Now that mobile devices offer couch potato a second, interactive screen, Miso is finding new answers to that question.
This story is one in a series leading up to the Fortune Brainstorm Tech conference, which will be held from July 19-21 in Aspen, Colorado. Fortune Brainstorm Tech will round up many of the best and brightest thinkers in technology. Our coverage in this series MORE
JP Mangalindan, Writer-Reporter - Jul 18, 2011 9:57 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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