Thrive Capital

Today in Tech: How much is HP losing on the TouchPad?

August 23, 2011: 3:30 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. 

"There are a lot of sweet patents in that portfolio."
-- Dean Becker, ICAP Patent Brokerage CEO, on Motorola Mobility's (MMI) 17,000 patents. (Bloomberg)

* Arik Hesseldahl over at All Things D does the math and guestimates that HP (HPQ) could be losing anywhere between $140 million and $300 million just on TouchPad-related hardware costs. (All Things D)

HP Executive Vice President Todd Bradley

* Meanwhile, HP Executive Vice President Todd Bradley may be aggressively seeking a CEO job elsewhere. (Business Insider)

* Piracy of Fox shows has more than doubled after the network changed its licensing rules to include an eight day delay between the time those shows air and free Hulu users can actually watch them. (TechCrunch)

* New York-based venture capital firm Thrive Capital, founded by 25-year-old Josh Kushner in 2009, has raised $40 million for its second fund. The news comes a day after the announcement that Skype would be acquiring group-messaging startup GroupMe, one of the companies in Thrive's portfolio. (Fortune)

* How group listening rooms (think Turntable.fm) is heating up the web music scene. (Wired)

HTC's latest batch of smartphones -- the 3.7-inch Eternity for AT&T (T)and the 4.5-inch Omega for T-Mobile USA -- will reportedly come loaded with Windows Phone 7. (Boy Genius Report)

Don't miss the latest tech news. Sign up now to get Today in Tech emailed to you each and every morning.

Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.