Fortune's curated selection of the holiday weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"At MySpace we had the luxury of having social first, and building the products on top of that layer. Then I choked and Facebook realized that vision." -- MySpace founder Tom Anderson (The Telegraph)
* Facebook may reportedly have nearly 700 million active users, but Google + has MORE
JP Mangalindan, Writer - Jul 5, 2011 3:30 AM ET
News Corp. will reportedly sell the early social media star at a fraction of what it paid in 2005. But the company's problems go back to its earliest days.
Dan Mitchell, contributor - Jun 28, 2011 1:10 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.
* Plants vs Zombies and Bejeweled game maker PopCap is reportedly in final talks to get scooped up by Electronic Arts for $1 billion. According to TechCrunch, the company already pulls in revenues of between $100 million and $150 million (TechCrunch)
* Foursquare will announce its largest partnership to date, a MORE
JP Mangalindan, Writer - Jun 23, 2011 11:48 AM ET
Fortune's curated selection of the weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
"If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company." - Jeff Bezos, Amazon CEO (GeekWire)
* Bloomberg reports that Skype fired several high-ranking executives -- including vice presidents David Gurle, Christopher Dean, Russ Shaw, MORE
JP Mangalindan, Writer - Jun 20, 2011 6:30 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.
* Apple Senior Vice President Ron Johnson, the guy largely credited for masterminding the Apple Store retail experience, is reportedly leaving for J.C. Penney, where he'll be the franchise's new president and eventual chief executive. In some ways, the move may not be all that surprising -- Johnson actually MORE
JP Mangalindan, Writer - Jun 15, 2011 6:30 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.
* Google scooped up ad optimization platform AdMeld for some $400 million according to TechCrunch. The four-year-old company had just recently raised $30 million in venture capital from the Foundry Group, Spark Capital, and Norwest Venture Partners. (TechCrunch)
* Has texting peaked? That's what a recent story in The Wall Street Journal suggests, with a MORE
JP Mangalindan, Writer - Jun 10, 2011 8:31 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.
Several high-profile Facebook employees have recently left the company, including Jim Midgal, director of business development, Jonathan Heiliger, VP of technical architecture, and Marcel Laverdet, one of three employees who got their jobs by once hacking the social network to resemble MySpace.
(Business Insider)
AOL's latest quarterly earnings are in, MORE
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.
Remember Friendster? The social network pioneer which launched in 2002 and lost ground to MySpace and then Facebook, is deleting all user-uploaded photos, blogs, comments and groups -- effectively killing off its roots -- repositioning itself as a social entertainment site, and focusing on Asian users. MORE
JP Mangalindan, Writer - Apr 27, 2011 6:30 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.
Twitter, the subject of Fortune's cover story this month, is reportedly in advanced talks to buy third-party application TweetDeck for around $50 million. The potential acquisition comes at a time when the social network is trying to go mainstream. (Wall Street Journal) Wal-Mart paid over $300 million to buy MORE JP Mangalindan, Writer - Apr 19, 2011 9:55 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.
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
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.17 | 0.19 | 2.72% |
| Ford Motor Co | 10.41 | 0.22 | 2.16% |
| Microsoft Corp | 29.11 | -0.65 | -2.18% |
| General Electric Co | 19.18 | 0.00 | 0.00% |
| JPMorgan Chase and C... | 34.26 | 0.25 | 0.74% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,479.05 | -17.10 | -0.14% |
| Nasdaq | 2,843.98 | -6.14 | -0.22% |
| S&P 500 | 1,318.60 | -0.26 | -0.02% |
| Treasuries | 1.76 | 0.04 | 2.50% |
| Facebook's IPO: Sorting through the legal mess | ||
| HP to cut 27,000 jobs | ||
| Stocks set to open higher | ||
| HP prepares to announce mass layoffs | ||
| More than 30% of mortgage borrowers still underwater |