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.
* AOL CEO Tim Armstrong is reorganizing the Internet company. Its dial-up services will be merged with Web services, which includes AOL Instant Messenger. The other three divisions will include advertising, local services, and the Huffington Post media group. (Bloomberg)
* Amazon's Kindle Fire has come under, well, fire, over some customer complaints. Among them: sluggish performance, lack of physical volume control buttons, and little-to-no parental controls. Over at TechCrunch, writer John Biggs argues there's actually little room to complain, largely because the Fire accomplishes what it set out to do. "It's hard to accept, but Amazon (AMZN) doesn't need the hardware geeks salivating over its specs. All it needs to do is serve up copies of The Girl Who Kicked The Hornet's Nest." (The New York Times and TechCrunch)
* If AT&T's acquisition of T-Mobile falls through, there may be another party waiting in the wings to scoop it up. Dish Network CEO Joseph Clayton suggested his company could partner with T-Mobile and merge their wireless spectrums to create a serious threat to AT&T and Verizon. (Bloomberg)
* Intel (INTC) chalked up expected fourth quarter revenues of $13.7 billion -- 7% less than originally forecast-- to a global shortage of computer hard disk drives. (The New York Times)
* Andy Less, the head of the Windows Phone business, is being moved to another role within Microsoft (MSFT) that CEO Steve Ballmer called "a time-critical opportunity focused on driving maximum impact in 2012 with Windows Phone and Windows 8." VP Terry Myerson will absorb Less's current duties. (All Things D)
* How Zynga, which will go public Thursday with a valuation of $8.9 billion, became a social gaming juggernaut. (VentureBeat)
* Downloads for Apple's Mac App Store, which launched less than a year ago, topped 100 million. (Apple)
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FORTUNE -- Next time you whip out your iPhone on the sidewalk or the subway, you might first want to glance over your shoulder. Smartphones have become a favorite target of thieves who do what the police call a snatch and grab. One favorite M.O.: The perp grabs a phone and jumps off the train just as the doors are closing. So far this year, over 40% of thefts in MORE
Oct 17, 2011 5:00 AM ET
When did an All Things Digital become the keeper of Apple's event calendar?
We don't recall getting an invitation from Apple to an event on Oct. 4 or any other date, but that hasn't stopped analysts from alerting their clients exactly what to expect from the company that day. Jeffries' Peter Misek, for example, issued this note on Friday:
Apple holding press event on October 4.
Takeaway: We expect Apple (AAPL) to focus MORE
Philip Elmer-DeWitt - Sep 23, 2011 11:16 AM ET
Demand for the iPad is also rising, according to data from a ChangeWave survey
Click to enlarge. Source: RBC
RBC Capital's Mike Abramsky has raised his fourth quarter iPhone and iPad estimates based on the results of a survey of 2,200 potential buyers. The survey, conducted in August by ChangeWave research, showed what Abramsky called "unprecedented iPhone 5 demand and strong back-to-school iPad buying intentions."
In a note to clients issued Tuesday MORE
Philip Elmer-DeWitt - Sep 13, 2011 8:23 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.
* The Netflix-Starz partnership is no more, meaning all Starz content on the movie and TV-streaming service will be unavailable beginning next February. In a statement, Netflix (NFLX) CEO Reed Hastings told Business Insider that domestic viewership of Starz content has declined to 8% given increasing content from MORE
JP Mangalindan, Writer-Reporter - Sep 2, 2011 3:30 AM ET
The Department of Justice and AT&T have one thing in common: neither side wants to talk about the real rationale for the T-Mobile takeover.
FORTUNE -- When AT&T bet $39 billion that it could acquire T-Mobile -- including $6 billion it won't get back even if regulators kill the deal -- it gambled on a clever strategy that suddenly seems too clever by half.
AT&T (T) advertised the benefits of the merger MORE
Scott Woolley - Sep 1, 2011 9:35 AM ET
Why Cox is abandoning its much-hyped cellular network, and why it's a bad sign for any new wireless entrant.
FORTUNE -- AT&T executives looking to convince regulators to approve Ma Bell's merger with T-Mobile argue that the cell phone market is plenty competitive. Just look at the growth of new competitors such as Cox Communications, a cable company that built and runs a brand new cellular network, they say.
A cell tower: MORE
Scott Woolley - Jun 17, 2011 8:00 AM ET
Google new NFC-enabled services, Wallet and Offers, are ambitious, but getting all of the pieces to work together will be difficult.
FORTUNE -- At yesterday's Google Wallet/Offers launch event in New York, Google (GOOG) laid out a very compelling case for using NFC-enabled Android phones to make payments at physical merchants. The company trotted out launch partners including the Container Store, Subway, American Eagle Outfitters (AEO) and Walgreens (WAG). On the backend, Google MORE
Seth Weintraub - May 27, 2011 4:16 PM ET
The No. 1 carrier signed up 3.4 million new subs last quarter, while its competitors lost share
Data: Company reports, Piper Jaffray
It's probably fair to assume that at least part of the Q1 2011 bump in the blue line at right can be attributed to the Feb. 10 launch of the Apple (AAPL) iPhone for Verizon Wireless (VZ).
As Piper Jaffray's Christopher Larson notes in a report to clients Monday, 38% MORE
Philip Elmer-DeWitt - May 9, 2011 1:10 PM 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.
T-Mobiles Bobsled lets Facebook users call one another.
If you've ever want to call your Facebook friends directly via FB and not uh, you know over your cell phone, now you can. T-Mobile introduced Bobsled, a calling feature integrated into Facebook chat that lets users call one another MORE
JP Mangalindan, Writer-Reporter - Apr 20, 2011 5:00 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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