Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the newsletter delivered to you every day.
* Demand for the iPhone 4S may be higher than many had anticipated. According to All Things D, Apple (AAPL) reportedly asked Pegatron Technology to manufacture five million more iPhone 4S units than the originally contracted 10 million. (All Things D)
* Google's (GOOG) third quarter revenues surpassed predictions, with $9.72 billion. The Internet giant also reported that its recently-launched social platform, Google+, has more than 40 million users, though the company didn't clarify how many of them are active. (Fortune)
Zynga CEO Mark Pincus
* Zynga CEO Mark Pincus has nearly 39% of the company's voting power. The company also amended its initial public offering (IPO) filing, choosing Nasdaq as its exchange of choice and symbol ZNGA. (The Wall Street Journal)
* Hulu has decided not to sell itself after all. "Since Hulu holds a unique and compelling strategic value to each of its owners, we have terminated the sale process," the company said in a statement on its blog. "Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu." (CNNMoney)
* Popular music streaming service Spotify may already have 250,000 paying U.S. customers. The company run by CEO Daniel Ek launched stateside last July. (Reuters)
* Twitter's VP of Engineering Mike Abbott left the company and joined Benchmark Capital as an entrepreneur in residence. (All Things D)
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Yes, it has to evolve or die. But lost in the drama over its recent bold moves is a big change that cuts directly to the core of its brand.
By Kevin Kelleher, contributor
FORTUNE -- Credit Netflix with this much: It knows how to stay ahead of the game. In the Internet industry today, you either thrive by making bold and original moves, or you languish as you struggle to ape MORE
Sep 27, 2011 11:56 AM ET
At this point, the ultimate fate of the beleaguered Internet company is anybody's guess. But here are some of the executives that may get a chance at taking the top spot.
FORTUNE -- It's impossible to guess who might be Carol Bartz's replacement at Yahoo because it's impossible to guess what Yahoo might look like when a replacement is named. It could be a totally different company before a CEO is MORE
Dan Mitchell, contributor - Sep 8, 2011 2:39 PM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"I am very sad to tell you that I've just been fired over the phone by Yahoo's Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward. Carol / Sent from my iPad" -- former MORE
JP Mangalindan, Writer-Reporter - Sep 7, 2011 3:30 AM ET
Apple buying Hulu is fun to ponder -- and it wouldn't put a dent in Apple's bank account -- but Hulu's strategy may be too far afield from Apple's.
Image via Wikipedia
FORTUNE -- It seems safe to assume that Apple is kicking Hulu's tires mainly so it can get a look at the books of a company that will likely be purchased by a competitor. Apple (AAPL) will probably not MORE
Dan Mitchell, contributor - Jul 22, 2011 2:37 PM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
* Bloomberg reports that Apple is considering a bid to snap up online TV streaming service Hulu -- doing so could cost the tech giant (or any other interested party) more than $2 billion. (Bloomberg)
* In other Apple news, more than one million copies of OS X Lion were MORE
JP Mangalindan, Writer-Reporter - Jul 22, 2011 9:01 AM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"NFC [near field communications] just adds a new layer for the consumer and merchant on top of a broken system." -- Square COO Keith Rabois at Fortune Brainstorm Tech
* Apple surpassed analyst expectations yet again for the company's third fiscal quarter: profits soared 124.7% to $7.3 billion MORE
JP Mangalindan, Writer-Reporter - Jul 20, 2011 3:30 AM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
From left: Skype CEO Tony Bates, Mark Zuckerberg. Photo: Mason Cohn
* During Facebook's big product launch event yesterday at its Palo Alto headquarters, Mark Zuckerberg announced some interesting new stats: users are sharing twice as much content now as they did the same time last year, with its 750 MORE
JP Mangalindan, Writer-Reporter - Jul 7, 2011 3:30 AM ET
The TV networks that invested big to create the online video service don't seem to like what it's maturing into.
Image via Wikipedia
FORTUNE -- It must be immensely frustrating to either own or manage Hulu. The viewing public is moving away from cable and satellite toward Internet viewing, but so slowly and uncertainly that programmers can't simply port all their shows online and be done with it. They have to MORE
Dan Mitchell, contributor - Jun 23, 2011 4:26 PM ET
Even as big publishers strike deals to put content on the iPad, a small ebookseller bites the dust
Source: BeamItDown Software
In an bitter letter to users, BeamItDown Software's Philip Huber makes no bones about whom he blames for the fate of his company and its iFlowReader app, both of which will cease operations on May 31.
"The crux of the matter is that Apple is now requiring us, as well as MORE
Philip Elmer-DeWitt - May 11, 2011 7:41 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% |
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