Also: Tim Cook apologizes to for Apple's buggy Maps app; Groupon reshuffles execs.
"At Apple, we strive to make world-class products that deliver the best experience possible to our customers. With the launch of our new Maps last week, we fell short on this commitment. We are extremely sorry for the frustration this has caused our customers and we are doing everything we can to make Maps better."
Say hello to Gifts, Facebook's new mobile revenue stream [ALL THINGS D]
It's exactly what it sounds like. Users can choose, mail and pay for real-world, physical gifts — not the lame virtual ones Facebook offered a few years ago — to send to one another, all completely inside of Facebook. They're tied to the significant event reminders that pop up on occasion — say, a friend's anniversary, or a birthday. Or even better for Facebook, users can also just buy gifts for others for the heck of it.
According to an internal memo obtained by Reuters, Chris Muhr, SVP of sales, will now head the Europe, Middle East and Africa region, while Veit Dengler, SVP International, will be leaving the company.
The memo did not give any reason for Dengler's departure. He will be the latest in a slew of executives, including Lee Brown, who oversees national sales, who have left or decided to leave Groupon in recent months.
Several renderings have popped up for the two phones, which include one full touch-screen device, and one with a Qwerty keyboard. CNET has seen the devices, and they match up with images posted on CrackBerry's Web site. CrackBerry pulled the images off a leaked marketing video, which has since been pulled.
Facebook users in China, the world's largest Internet market, were 63.5 million in the second quarter of this year, from 7.9 million in 2009, London-based researcher GlobalWebIndex said in a blog post.
Facebook gained 7.3 percent to $21.80 at 12:17 p.m. New York time, for the biggest intraday jump since Sept. 12. Through yesterday, the shares had fallen 47 percent since their May 17 market debut.
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The tablet most likely to succeed against the iPad gets its first hands-on tests this week
Toward the end of a report entitled "Why the Amazon Kindle Fire could be hot this holiday season," which generated the widely-reproduced charts at right, Retrevo's Andrew Eisner adds this caveat:
"As popular as the Kindle Fire appears in this study, whether it lives up to expectations on things like battery life, performance, image quality, etc, MOREPhilip Elmer-DeWitt - Nov 13, 2011 8:20 AM ET
When the stock sets new record highs, the naysayers come out of the woodwork
As a rule of thumb, never take investment advice from a hedge fund manager who posts his predictions on Twitter.
On Thursday morning, BAM Investor's J.G. Savoldi used the microblogging service (and a follow-up press release) to warn investors that Apple (AAPL) was about to crash and could hit $45 a share -- perhaps as early as this MOREPhilip Elmer-DeWitt - Jun 19, 2010 6:52 AM ET
Santa Clara police are reported to be investigating the purchase of a top-secret prototype
Is somebody going to go to jail?
According to a CNET report posted Friday, police in Silicon Valley are investigating the sale of an iPhone prototype that was accidentally left in a bar by an Apple (AAPL) engineer and purchased by a gadget website for $5,000.
The purpose of the investigation, according to CNET's source, an unnamed law-enforcement official, MOREPhilip Elmer-DeWitt - Apr 23, 2010 5:34 PM ET
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