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Today in Tech: Mac OSX 'Mountain Lion'

February 16, 2012: 11:49 AM ET

Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.

"We're starting to do some things differently."
-- Apple Senior Vice President Phil Schiller (Daring Fireball)

 * Apple CEO Tim Cook unveiled a new version of the Mac operating system, named "Mountain Lion," with features currently found in the company's mobile software. (The Wall Street Journal)

* Japanese authorities arrested seven people in connection with the Olympus accounting scandal, including former chairman and president Tsuyoshi Kikukawa. (The New York Times)

* Amazon shipped 3.9 million Kindle Fire tablets last quarter versus Apple's 15.4 million iPads. (Fortune)

* Starting this week, Facebook will let public figures authenticate their accounts and use preferred nicknames. In turn, verified accounts will get better placement in Facebook's "People to Subscribe To" suggestions. (TechCrunch)

* Startup darling Pinterest may be all the rage, but its biggest challenge -- monetization -- still lies ahead. (The Wall Street Journal)

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Company Price Change % Change
Bank of America Corp... 7.95 -0.16 -1.97%
Intel Corp 26.73 -0.43 -1.58%
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%
Data as of Feb 22
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%
Data as of 6:26am ET
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