Today in Tech: "Cyber Monday," George W. Bush, Google and Groupon

November 30, 2010: 6:00 AM ET

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.

"The PC industry's inability to significantly innovate, and its overreliance on a business model predicated on driving volume through price declines, are finally impacting the industry's ability to induce new replacement cycles." -- Gartner Research director George Shiffler (Fortune)

  • George W. Bush stopped by Facebook headquarters in Palo Alto for an hour-long live Q&A with social network CEO Mark Zuckerberg to chat about everything from his new book, Decision Points, to his dog, Barney. When asked why he chose Facebook of all outlets, Bush simply replied, "Because you've got a lot of people paying attention to you, and I'm trying to sell books." (San Jose Mercury News)
  • Photo: Justin Sullivan/Getty Images

    Online shoppers came out in droves for "Cyber Monday," with early estimates indicating sales gains of 20% compared to the same time last year.

  • Did Google offer Groupon $5.3 billion? If so, that would make the potential acquisition the company's largest acquisition ever. With 20 million subscribers, Groupon's revenues are said to be upwards of $50 a month and the company itself recently reached a valuation of $1 billion. (BoomTown)
  • Star tech analyst Mary Meeker, once dubbed the queen of the Net in the late 1990s for analyzing the prospects of tech companies, will leave Morgan Stanley to join Kleiner Perkins as a partner. "We're at the beginning of another great wave of tech innovation and I am incredibly excited by the opportunity to help the next generation of Internet technologies and leaders," said Meeker in a statement. (Fortune) More
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