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.
"I remember him [Larry Ellison] very distinctly telling me one time: Bruce, we can't be successful unless we lie to customers. ... All the things that you would read in books of somebody being a leader, he wasn't. But he was tenacious; he would never give up on anything."
-- Bruce Scott, Oracle co-founder (Tech Crunch and Bloomberg TV)
Tim O'Shaughnessy, CEO and co-founder of LivingSocial. Photo: The Washington Post
LivingSocial, the number two most popular local deals site (Groupon being number one) could receive a hefty investment from Amazon amounting to $150 million, raising its valuation to $1 billion-plus. (BoomTown)
- Mozilla community coordinator Asa Dotzler is so tired of Apple, Microsoft, and Google sneaking plug-in installations into Firefox without his express consent, that Dotzler to his blog this week and told them to "stop being evil." "In my book, that fits the definition of a trojan horse. Yes, that is precisely how a trojan horse operates. These additional pieces of software installed without my consent may not be malicious but the means by which they were installed was sneaky, underhanded, and wrong." (Los Angeles Times)
- WikiLeaks's downtime yesterday was at least partly due to Amazon refusing to host the Wikileaks site on Amazon Web Services moving forward. (The site is now hosted by a Swedish provider.) Said Senator Joe Leiberman: "Wikileaks' illegal, outrageous, and reckless acts have compromised our national security and put lives at risk around the world. No responsible company -- whether American or foreign -- should assist Wikileaks in its efforts to disseminate these stolen materials." (TechCrunch) More
Posted in: Amazon
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, do not track
, Larry Ellison
, Living Social
, Old Navy