A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
RIM co-CEO Jim Balsillie refuted some criticism that the company may have rushed its PlayBook tablet to market. "I don't think that's fair," he told Bloomberg News. "A lot of the people that want this want a secure and free extension of their BlackBerry." The interview came after a few early critical reviews and reports that RIM shares fell 91 cents to $53.92 yesterday and 7.2% this year overall. (Bloomberg)
A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
It's official: The Flip digital cam is dead. (Long live, Flip.) Cisco, which bought the startup behind the product line for $590 million back in 2009, will close down the business and lay off all 550 staffers as part of a restructuring of its consumer electronics division. The MORE
JP Mangalindan, Writer-Reporter - Apr 13, 2011 5:00 AM ET
Cisco CEO John Chambers says he plans to hire as many as 3,000 workers soon – perhaps half in the U.S. Photo: Cisco.
John Chambers is often in a sunny mood, but on Wednesday he had some obvious reasons: Cisco posted financial results that blew past Wall Street's expectations, signaling that despite the rough economy businesses are spending on technology again.
I caught up with him after the earnings announcement to MORE
Jon Fortt - Feb 4, 2010 9:00 AM ET
The Jumbotron comes home --and the computer goes in the pocket.
Consumers want huge TVs and tiny computers like this Asus netbook. Photo: Asus.
Even before the recession began two years ago, people were talking about the need for Americans to downsize. What this means for the world of consumer electronics is unclear.
Our television screens just keep getting bigger and better. In 2009, the average screen size was 36 inches, MORE
Jessica Shambora, Writer-Reporter - Jan 15, 2010 6:00 AM ET
A guest video post from our friends at CNN.com - part of our team coverage of the Consumer Electronics Show:
Sony flaunts the "Bloggie" HD camera, a rival to the popular Flip cam, at CES 2010.
Ben Baer, Senior Producer - Jan 7, 2010 5:19 PM ET
With the launch of the Flip video camera in May 2007, the camcorder market has never been the same. Flip brought video creation and sharing to the masses, which meant even more footage of cats riding skateboards. (We can't thank them enough for that.)
Consumers embraced the convenience, simplicity, portability, and affordability of Flip's "point and shoot" video camera. It has few buttons, records video on an internal chip, and uploads MORE
Jessica Shambora, Writer-Reporter - Jul 13, 2009 10:00 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Written by Michal Lev-Ram and emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| 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% |
.
