How Facebook and Zynga's businesses couldn't be more different; Motorola faces big-time staff cuts.
Groupon feels the heat [THE WALL STREET JOURNAL]
A Groupon attorney last month sent Mr. Silagadze a letter saying Top Hat was improperly recruiting Groupon employees. Top Hat's 25-person sales staff includes eight former Groupon employees. Groupon's turnover is "getting even worse when their best people are starting to leave," Mr. Silagadze said, adding that he plans to continue hiring from the daily-deals company.
Facebook is the ant; Zynga is the grasshopper [TECHCRUNCH]
The reasons that the two companies have tanked in the market could not be more divergent, and more indicative of the character and strategic vision of the startups' respective founders. Forget any analysis that lumps the two companies together, and instead find lessons in Aesop's fable that are important to every startup founder. Zynga is the Grasshopper in Aesop's fable, playing and trying to get others to play. ... Grasshoppers just want to have fun.
Struggling GameStop reinventing itself [SAN FRANCISCO CHRONICLE]
In an effort to avoid the fate of Blockbuster, Circuit City and others in the remainder bin of failed retailers, GameStop has embarked on a daring, if inglorious, strategy: refashioning itself from a console-game purveyor into a repairer and reseller of Apple gadgets, betting that its retail visibility will prove an advantage.
Motorola set for big cuts as Google reinvents it [THE NEW YORK TIMES]
Motorola Mobility, the ailing cellphone maker that Google bought in May, told employees Sunday that it would lay off 20 percent of its work force and close a third of its 94 offices worldwide. The cuts are the first step in Google's plan to reinvent Motorola, which has fallen far behind its biggest competitors, Apple and Samsung, and to shore up its Android mobile business and expand beyond search and software into the manufacture of hardware.
Barnes & Noble cuts prices across its Nook lineup, vies for your budget tablet affection [ENGADGET]
The 16 and 8GB models have been respectively reduced to $199 (from $249) and $179 (from $199), while the Nook Color is priced 20 bones cheaper than before at $149.
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the newsletter delivered to you every day.
* Gamestop (GME) president Tony Bartel revealed that the videogame retail chain is testing the sale and distribution of a branded Android tablet that will likely stream console games to it. (GamesIndustry)
* It's (still) official: TechCrunch founder Michael Arrington confirmed at the tech blog's Disrupt conference yesterday morning that he's no longer an AOL MORE
JP Mangalindan, Writer - Sep 13, 2011 3:30 AM ET
The videogame retailer has started accepting trade-ins of used Apple products -- and that may mean a bigger change for their business.
By Daniel Roberts, reporter
FORTUNE -- The news that GameStop stores are buying used Apple devices alongside traditional consoles and video games hit the Web this week and went viral almost immediately. Many bloggers began stating outright that the chain will also sell new Apple devices, such as the iPod MORE
Sep 9, 2011 3:34 PM ET
Fortune's curated selection of the long weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"I am TechCrunch and TechCrunch is me." -- Michael Arrington (The New York Times)
* David Carr over at The New York Times looks at TechCrunch editor Michael Arrington's path to becoming a venture capitalist and how his latest move -- Crunch Fund -- further complicates TechCrunch's editorial MORE
JP Mangalindan, Writer - Sep 6, 2011 3:30 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.
If you're a Facebook user and a gamer, there's no need to venture to Gamestop.com or a brick and mortar location anymore. The videogame retail chain opened shop on Facebook with a market powered by Adgregate Markets. Potential buyers will be able to purchase games, read product MORE JP Mangalindan, Writer - Apr 7, 2011 10:22 AM ET
A recent Supreme Court decision, confusing Copyright Office rules and Amazon's Kindle policies all indicate that the only way consumers will ever get to resell "used" ebooks may be to sell their hard drives, too.
By Seth Greenstein, contributor
The holiday season is upon us, and with it thoughts of peace on earth, goodwill... and the latest electronic media. Visions of Kindles and Kinects dance in children's heads (and no doubt yours MORE
Dec 23, 2010 12:18 PM ET
A round-up of the companies, deals, and trends that made headlines.
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.
Ex-IBM exec Robert Moffat was sentenced to six months in jail, (See: After the sentencing: What's ahead for Robert Moffat) two years of supervision, and ordered to MORE JP Mangalindan, Writer - Oct 14, 2010 7:57 AM ET
Gaming is already wildly popular. A recent spate of deals with Google, Disney, and Gamestop, suggest that social games have the promise to be wildly profitable, too.
by Patricia Sellers and JP Mangalindan FarmVille. Mafia Wars. Pet Society. With their collective userbases numbering in the hundreds of millions, social gaming is as ubiquitous and mainstream as primetime TV programming.
But for years that wasn't the case -- skeptics disregarded social games, MORE
Jul 29, 2010 10:13 AM ET