Fortune's curated selection of newsworthy tech stories from the weekend. Sign up to get the round-up delivered to you every day.
* Google (GOOG) chairman Eric Schmidt told the U.S. Senate antitrust committee that the iPhone 4S's voice assistant, Siri, poses a "competitive threat" to his company's business. Confessed Schmidt: "Apple's Siri is a significant development -- a voice-activated means of accessing answers through iPhones that demonstrates the innovations in search." (Apple Insider)
* Barnes and Noble (BKS) is holding an event this morning in New York City where the retail chain will reportedly unveil a hardware update to its Android-based, reading focused Nook Color tablet. Stay tuned for updates.
* An insightful profile of LinkedIn co-founder and venture capitalist Reid Hoffman, who The New York Times dubs "the start-up whisperer of Silicon Valley." (The New York Times)
* Meet Tristan Walker, Foursquare's head of business development and one of technology's most prominent African American executives. (CNNMoney)
* Instagram co-founder Kevin Systrom on international expansion and funding rumors. (TechCrunch)
* Lessons from 12 New York entrepreneurs after a year in the business. (The Next Web)
* Google's patent counsel Tim Porter on why the patent system is broken. (The San Francisco Chronicle)
* How online innovators are disrupting education. (Harvard Business Review)
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Cloud computing is clearly here to stay. But these factors could make the transition a bumpy one.
FORTUNE -- Earlier this week, portions of Amazon's cloud computing service crashed, impairing Foursquare, Netflix and Instagram as well as millions of users. While service was quickly restored, it marked the second major incident of its kind in the last six months -- and that is raising concerns with some.
Putting parts or all of MORE
JP Mangalindan, Writer-Reporter - Aug 12, 2011 1:02 PM ET
Who is Seth Priebatsch? How did his tiny company, based on turning life into a video gaming experience, wind up with a $100 million valuation?
Seth Priebatsch, left
FORTUNE -- As I walked through the front door of SCVNGR in Cambridge, Mass., a $100-million company that makes location-based apps to rival Foursquare and Groupon, a painted canvas of the cover of Ayn Rand's "Atlas Shrugged" greeted me. Standing beside it was MORE
Chadwick Matlin - May 2, 2011 5:00 AM ETThe exact feature that was supposed to be Amazon EC2's strength -- reliability -- is what failed and brought the cloud low yesterday. Still, cloud computing isn't going anywhere.
By Dan Mitchell, contributor
FORTUNE -- The snafu at Amazon's EC2 hosting service on Thursday, which knocked several big web sites out of service, is being called a "black eye" for the cloud-computing business -- a "we told you so" moment, according to MORE
Apr 22, 2011 10:24 AM ET
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.
HootSuite, a third-party Twitter app, was just one of the companies affected by Amazon's EC2 crash.
Amazon's EC2 cloud service crashed and continues to be problematic for some companies and services that rely on it. Affected businesses included Foursquare, Quora, HootSuite, SCVNGR, and Reddit, the last of which is still in MORE
JP Mangalindan, Writer-Reporter - Apr 22, 2011 8:45 AM ET
A curated selection of the day's most newsworthy tech stories from all over the Web.
Steve Ballmer's Kinect avatar shown during his CES keynote. Photo: Robyn Beck/Getty Images
At CES, Microsoft CEO Steve Ballmer revealed the company's plans to expand its motion-based Xbox 360 Kinect controller, which has already sold more than 8 million units, beyond gaming. Users can expect hands-free navigation of Netflix and (finally) Hulu Plus, as well as body MORE
JP Mangalindan, Writer-Reporter - Jan 6, 2011 8:45 AM ET
The founder of Dodgeball and Foursquare talks about funding, falling out with Google, and whether he'd partner up with Facebook or Yahoo.
Dennis Crowley at D: Dive Into Mobile. Credit: Asa Mathat | All Things Digital.
Foursquare is Dennis Crowley's second go-around at a location-driven social networking service, and this time he's determined to make sure he gets to see it through.
Crowley sold his first company, Dodgeball, to Google (GOOG) but MORE
Beth Kowitt, Writer-Reporter - Dec 7, 2010 2:32 PM ET
Watch out, Silicon Valley. Thanks to Google, Foursquare, and others, the Big Apple is fast becoming home to some top Internet talent.
New York's tech cred is on the rise: Manhattan-based Foursquare's geolocation service is the envy of Silicon Valley. Facebook bought out two New York startups, and Google just purchased the huge Chelsea building where it employs nearly a tenth of its global workforce. Now incubators are sprouting downtown, venture MORE
Jessi Hempel, writer - Dec 6, 2010 3:00 AM ET
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.
Less than an hour after TV media like Anderson Cooper and Dr. Phil accused Amazon of "peddling pedophilia" for recognizing and selling a pedophile "how-to" guide on Amazon's Bestsellers list, the ecommerce site pulled it from its MORE JP Mangalindan, Writer-Reporter - Nov 11, 2010 6:00 AM ET
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.
Facebook is going full-throttle with mobile. The leading social network unveiled three new features yesterday: single sign-on for all FB-enabled apps, the ability for developers to use its location API, and a local deals platform with partners MORE JP Mangalindan, Writer-Reporter - Nov 4, 2010 8:29 AM 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% |