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Photo: Dave Getzschman
* LinkedIn (LNKD) reported better-than-expected profits of four cents a share on sales of $121 million for its most recent quarter, as well as a 61% jump in users to 115.8 million. Colleague Jessi Hempel spoke with CEO Jeff Weiner about the company's future. (Fortune)
* Former Microsoft (MSFT) exec Steve VanRoekel will replace Vivek Kundra as the White House's chief information officer. VanRoekel has worked with the Obama administration since 2009 as managing director of the Federal Communications Commission. (The New York Times)
* Apple (AAPL) is only $16 billion away from becoming the most valuable company when it comes to market capitalization. (The New York Times)
* Facebook is thinking about revamping its News Feed so efforts from third-party developers and marketers gain more visibility with users. The social network is also looking at ways to tweak the "Like" button with other gestures generated by marketers and developers, too. (The Wall Street Journal)
* Nintendo (NTDOF) plans to double down on digital game sales. "In my mind, I would like to make the presence of the Nintendo eShop much larger in three years time," Nintendo President Satoru Iwata said to investors. (Wired)
* Survey Monkey CEO Dave Goldberg on how his company is disrupting the sleepy survey business. (Bloomberg)
* Why Google (GOOG) lashed out at Apple and Microsoft over pricey patents. (Fortune)
* Why New York can't (and shouldn't) try to rival Silicon Valley. (GigaOm)
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Is $5.3 billion an astronomical amount to get the popular deal-a-day web site? Not really. Here's why.
If Google's $5.3 billion offer goes through later this week as suggested, it could be Groupon's lucky day.
Not that luck has been really necessary for the Chicago-based, deal-a-day e-commerce site, which delivers daily discounts and deals from local businesses to 30 million users across 500 markets in 30 countries. Since CEO Andrew Mason launched MORE
JP Mangalindan, Writer-Reporter - Nov 30, 2010 3:52 PM ET
Image by Cristiano Betta via Flickr
Facebook expands its battle plans to mobile apps and mobile phones, but it won't be building a new platform or device, it'll just open up what's already working for it. But don't hold your breath for an iPad app.
Mark Zuckerberg snuffed the hopes today of those who thought they might be getting a Facebook phone this holiday season. "There has been this rumor going MORE
Michael V. Copeland, Senior Writer - Nov 3, 2010 3:26 PM 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% |
| 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% |
| Citigroup Inc | 32.36 | -1.00 | -3.00% |
| 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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