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.
* The Verge gives at a long look at Research in Motion's rise and decline: how it was built and how former co-CEOs Mike Lazaridis and Jim Balsillie lost their way. Also, the company's ailing BlackBerry PlayBook tablet received a software update that finally brought native apps to access email, calendar, address book and BlackBerry Messenger functions. (The Verge and CNNMoney)
* Dell's fiscal fourth quarter earnings came in below analyst predictions: an 18% drop in net income to $764 million on revenues of $16 billion. (The New York Times)
* Comcast (CMCSA) is working on a new subscription video-on-demand competitor, named "Streampix," intended to go up against Netflix (NFLX). But the streaming service will only be available to those who also subscribe to Comcast cable. (Variety)
* Netflix inked a deal with The Weinstein Company. Translation: film titles like The Artist, Sarah's Key, and The Intouchables, are coming to Netflix Instant. (Techcrunch)
* Tech entrepreneurs are getting younger and younger. Venture capitalists like Andreessen Horowitz now say they're funding startups with 18 or 19-year-old founders. (Reuters)
* According to the analytics firm Distimo, many app makers are apparently making more money from their apps in Amazon's Appstore than they are via Google's Android Market. (GigaOm)
* Is Amazon's rewards program, Amazon Prime, profitable? Probably not. But it is a vital part of the company's long-term strategy. (Fortune)
* As reported yesterday, Barnes & Noble (BKS) released a $199 version of its recently introduced Nook Tablet with 8 gigabytes of storage, arguably to better combat Amazon's Kindle Fire. (Barnes and Noble)
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A decade ago, Redbox was a tenuous experiment; its kiosks sold miscellanea from pantyhose to milk. Now, it has a shot at disrupting the king of web streaming.
By Kevin Kelleher, contributor
FORTUNE -- Reed Hastings must look at Redbox these days with a mixture of bafflement and envy.
Last summer, the Netflix (NFLX) CEO tried to introduce a new fee structure that most subscribers viewed as a price increase. A few months MORE
Feb 10, 2012 10:52 AM ET
The major film studios think they've found a way to sell and deliver movies online. Will consumers buy it?
By Robert Levine, contributor
FORTUNE -- Consumers who recently purchased Warner Brothers' final Harry Potter film on DVD or Blu-ray found a surprise in the package: a digital copy of the movie in the new UltraViolet format. Although the name is not yet familiar, UltraViolet represents Hollywood's first step into the cloud MORE
Feb 3, 2012 5:00 AM ET
Fortune's curated selection of tech stories from the long weekend. Sign up to get the round-up delivered to you each and every day.
* Some analysts have previewed the software update for Research in Motion's PlayBook and aren't impressed. Worse, they believe the update will do little to turn the floundering tablet's sales around. (The New York Times)
Hulu CEO Jason Kilar
* Like Netflix (NFLX), Hulu is upping the ante by offering original content MORE
JP Mangalindan, Writer-Reporter - Jan 17, 2012 4:15 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.
* Barnes and Noble (BKS) may spin off its Nook e-reader business, news that came as a surprise to many. The company slashed its fiscal 2012 guidance and now expects sales of $7.1 billion instead of the $7.3 billion forecast. The reason? Lower-than-expected sales of its Nook Simple Touch. (CNNMoney)
* Over at MORE
JP Mangalindan, Writer-Reporter - Jan 6, 2012 12:11 PM 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.
* Yahoo (YHOO) has a new CEO in Scott Thompson, who served as PayPal President and grew the online payment unit into a business that now accounts for nearly 37% of eBay's total revenues. As sources told colleague Dan Primack, Yahoo's board members are not supportive of a takeover offer MORE
JP Mangalindan, Writer-Reporter - Jan 5, 2012 4:00 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.
* Thanks to oversupply and competitive pricing, TVs are the cheapest they've ever been. It's a situation that's causing major problems for retailers and manufacturers, including significantly lower profits, and in Sony's case, forcing the Japanese company to overhaul its TV operations. (The New York Times)
* Google+ gained 12 million users this month, bringing MORE
JP Mangalindan, Writer-Reporter - Dec 28, 2011 3:30 AM ET
The struggling streaming company's stock surged on rumors Verizon might acquire it. But there are plenty of better suitors out there.
By Kevin Kelleher, contributor
FORTUNE -- The rise of Netflix took years, but the fall is taking much less time. After enjoying a steady increase in its stock price from $5 a share in late 2002 to $305 a share this summer, the stock has plunged back to $73 a share MORE
Dec 14, 2011 9:13 AM ET
Fortune's curated selection of tech stories from the weekend. Sign up to get the round-up delivered to you each and every day.
"If you don't fail, you haven't tried hard enough."
-- Shervin Pishevar, Menlo Ventures Managing Partner (TechCrunch)
* HP (HPQ) has finally decided the fate of the WebOS operating system, and things are looking up. The company announced that it's making WebOS "open source," allowing developers and other hardware manufacturers to freely MORE
JP Mangalindan, Writer-Reporter - Dec 12, 2011 3:30 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.
"By the summer of 2012, the majority of the televisions you see in stores will have Google TV embedded in it."
-- An optimistic Eric Schmidt, Google's executive chairman (paidContent)
* Verizon (VZ) and Redbox are reportedly working together on a Netflix-like service that will enable TV and movie streaming and MORE
JP Mangalindan, Writer-Reporter - Dec 8, 2011 5:05 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% |
| 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% |
| 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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