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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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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.
Photo: Yahoo
Reports are surfacing that Yahoo's upper management must cut between 10% and 20% of its 14,100-strong staff. Yahoo says via an official statement the reports are "misleading and inaccurate," but outlets like TechCrunch are sticking MORE
JP Mangalindan, Writer-Reporter - Nov 12, 2010 7:40 AM ET
The company's blowout quarter came from nearly every division, but taking over the top spot in the video game world was its most surprising statement.
Despite a corporate restructuring, criticism that it's failing to innovate in certain sectors, the departure of Chief Software Architect Ray Ozzie and analysts downgrading its stock, Microsoft (MSFT) trumpeted a record first quarter yesterday. Overall revenue rose 25% to $16.2 billion and net income rose 51% to MORE
JP Mangalindan, Writer-Reporter - Oct 29, 2010 1:38 PM ET
A round-up of the companies, deals, and trends that made headlines.
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 morning's most newsworthy bits below.
Microsoft (MSFT) and Facebook are in talks to expand their search partnership, which could give Bing access to anonymized data from consumer usage of the social network's MORE JP Mangalindan, Writer-Reporter - Sep 16, 2010 8:18 AM ET
Is the year's most-anticipated title also a fitting swan song for the Microsoft franchise?
Photo: Bungie/Microsoft
Nine years. That's how long ago the first Halo hit Xbox and since then, the sci-fi series has proven to be Microsoft's (MSFT) most enduring game franchise and a paragon for the first-person shooter genre. All told, the company has sold 34 million Halo games worldwide and posted $1.9 billion in Halo games and Halo-related merchandise MORE
JP Mangalindan, Writer-Reporter - Sep 13, 2010 9:33 AM ET
The company's motion-based controller has the goods to revolutionize traditional console gaming. But will Kinect take off or collect dust?
When Microsoft announced plans for a motion-based controller 13 months ago, many gamers -- myself, included -- rolled their collective eyes. Sure, it could change the way more than 40 million Xbox 360 owners around the world interact with their consoles, but it seemed much more likely that Kinect, then dubbed MORE
JP Mangalindan, Writer-Reporter - Jul 30, 2010 2:22 PM ETBen Baer, Senior Producer - Jan 7, 2010 4:39 PM ET
Microsoft CEO Steve Ballmer flashed an HTC phone running a version of the company's mobile software, but said he won't divulge details until next month. Photos: Jon Fortt.
LAS VEGAS - When he took the stage to deliver the opening keynote for the Consumer Electronics Show, Steve Ballmer took a novel approach to the hype Apple and Google have generated in the mobile space:
He sidestepped it.
Instead of talking much about MORE
Jon Fortt - Jan 7, 2010 6:00 AM ET
Photo: Electronic Arts
On Monday, nearly two weeks after Electronic Arts (ERTS) confirmed its imminent arrival, the iPhone version of Rock Band -- one of the most successful video game franchises of recent years -- showed up on Apple's (AAPL) iTunes App Store to mixed reviews. (App Store link here.)
The lion's share of the first 40 messages on the App Store were one-line positives: "Amazing." "Awesome!" "Saaaaweeeeeett!"
But the longer, more MORE
Philip Elmer-DeWitt - Oct 19, 2009 11:47 AM ET
The Wii Fit game is one of Nintendo's biggest sellers with 697,000 sold in the U.S. in November. Courtesy of Nintendo
By Yi-Wyn Yen
Nintendo seems to have bucked the recession. The Japanese video game manufacturer has doubled November sales of the Wii in the U.S. from a year ago, according to NPD's latest release on gaming sales.
The demand for the Wii remains strong since the game console's debut two years ago. The company MORE
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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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