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)
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)
In theory, it sounds like a no-brainer. In practice, such a government-run registry could do more harm than good.
The Internet is an awesome free-for-all of services and content. It's also a terrifying space, one where bits of information about who you are and what you're doing continually float around like cyber flotsam and jetsam, only to be picked apart by outside parties for their own devices. As a result, privacy MOREJP Mangalindan, Writer - Aug 24, 2010 2:19 PM ET
|American Airlines, US Airways to form largest air carrier Monday|
|'Volcker rule' finally at finish line|
|Boost for trade as global deal struck|
|Someone bought a $100,000 Tesla with Bitcoins|
|2 million Facebook, Gmail and Twitter passwords stolen in massive hack|