Woot

Today in Tech

November 8, 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 weekend's most newsworthy bits below.

Photo: Bloomberg

  • Microsoft CEO Steve Ballmer plans to sell some 75 million, or 12%, of his company shares "to gain financial diversification and to assist in tax planning." (To date, Ballmer has sold 49 million shares, earning him $1.3 billion.) (Boy Genius Report)
  • Amazon already owns Zappos and Woot. So what's next? Diapers, apparently. Today, the company plans to announce the acquisition of Quidsi, parent company to web sites like Diapers.com and Soap.com for $540 million, or $200 million over what the company was valued at during its latest round of funding. (Fortune)
  • Following in Facebook's footsteps, Amazon is testing a "Like" button of its own, which could prove useful when site members are weighing purchases. (Times of the Internet) More
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