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Outgoing Apple Senior VP Ron Johnson.
* 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 came to Apple from Target back in 2000. (Wall Street Journal via Fortune)
* Facebook hired former White House press secretary Joe Lockhart to serve as the social network's VP of global communications. Lockhart will manage corporate, policy and international communications. (All Things D)
* Peter Pham, co-founder of the photo-sharing startup Color, recently left the company. His departure comes less than three months after Color's official launch, which TechCrunch speculates can't be good. (As some of you may recall, Color launched to much hype thanks to its having raised $41 million venture capital, but wasn't very well-received.) (TechCrunch)
* The Xbox 360 continues to trump the competition. Microsoft sold 270,000 Xbox 360s last May, a 39% increase over the same time last year. The popular console has also outsold Sony's Playstation 3 and Nintendo's Wii consoles for 11 out of the last 12 months in the U.S. (GeekWire)
* Is there such a thing as the MySpace mafia? Kara Swisher over at All Things D goes through the list of alum who've gone to greener pastures including former co-founder Chris DeWolfe and former co-president Jason Hirschhorn. (All Things D)
* Why the film industry, led by electronic delivery, will grow in every category through 2015. (Hollywood Reporter)
* How Skype could be Microsoft's best acquisition ever. (Forbes)
* Get to know Amazon's first employee, Shel Kaphan. (GeekWire)
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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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