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Apple Falls Sharply; RBC, Morgan Stanley Cut Ratings — Apple (AAPL) shares are down sharply Monday morning after analysts at RBC Capital and Morgan Stanley cut their ratings on the stock. — RBC Capital's Mike Abramsky cut his rating on the stock to Sector Perform from Outperform …
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AppleInsider, Epicenter, Mark Evans, Techland, CNET News, Silicon Alley Insider, GMSV, TG Daily, MacNN, Macsimum News, Valleywag and TUAW
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Apple Plunges After Downgrades: Slowing Demand, Crappy Economy — Apple (AAPL) shares are down 14% to around $110 — their lowest since May, 2007 — after Morgan Stanley and RBC both downgraded the stock this morning. Why? Mostly slowing demand and lousy economic conditions.
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Apple: Is it really recession proof? Wall Street says no
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Apple 2.0
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Cloud computing is a trap, warns GNU founder Richard Stallman — Web-based programs like Google's Gmail will force people to buy into locked, proprietary systems that will cost more and more over time, according to the free software campaigner — The concept of using web-based programs …
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Silicon Alley Insider, eWeek, Digital Daily, Data Center Knowledge, p2pnet, CloudAve, GottaBeMobile and broadstuff
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Shooting at clouds — Free software activist Richard Stallman …
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WebGuild
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XOHM WIMAX BROADBAND SERVICE DEBUTS IN BALTIMORE — New 4G wireless era dawns as unique business model revolutionizes mobile Internet access — Service-plan innovation includes $50 “Pick 2 for Life” offer without usage limitations — A next-generation 4G wireless network based …
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Between the Lines, GigaOM, Silicon Alley Insider, jkOnTheRun, The Mobile Gadgeteer, PhoneNews.com, Obsessable and Zatz Not Funny!
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Sprint takes wireless service to the max in Baltimore — Monday, Sprint will launch wireless WiMax services in Baltimore, marking the beginning of what could become a new era in mobile broadband. — The mobile data network — which will be marketed under the Xohm brand name …
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Wall Street Journal, DailyTech, mocoNews.net, Boing Boing Gadgets, UMBC ebiquity, GottaBeMobile, Engadget, Sidecut Reports and VoIP Watch
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Apple updates App Store to address developer misuse — Apple over the weekend instated a series of changes to the way its App Store operates in an effort to knock out loopholes that were being exploited by some developers seeking an unfair advantage. — Reviews
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Infinite Loop, MacRumors, Touchmeme's Blog, Inquirer, The Apple Core, iLounge and iPhone Savior
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Why The Flow Of Innovation Has Reversed — I had a beer recently with Dave McClure of 500 Hats. As is always the case when I get together with Dave, we had a long, rambling and enjoyable conversation about how the Web is changing the way businesses get built. — At some point, I said that the vector of innovation has changed.
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Visual Studio 2010 to come with ‘black box’ — Updated 9:56 a.m. PDT: Added screen shot and a link to Microsoft's Visual Studio 2010 page. — Airplanes are equipped with recorders that capture both cockpit audio and flight data, so in the event that something goes wrong, investigators can try to determine the source of the problem.
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Facebook hires general counsel as it continues to grow — Young upstart Facebook is growing up at Internet speed. — The latest sign: Its freshly installed management team has hired a legal gun with a loaded resume that includes serving as a White House lawyer who helped coordinate …
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VentureBeat, Epicenter, The Social, Silicon Alley Insider, Inside Facebook, All Facebook, Law Blog and WebProNews
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LG Teaser Shows 3G Netbook: The Momo — LG is planning the release of a new netbook with 3G internet inside. The X110 Momo is listed on LG's site as “coming soon”, and includes the standard netbook features: 1.6GHz Atom processor, 1.3MP webcam, a 10" screen, optional Bluetooth, an SD card reader and Windows XP Home Basic.
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Liliputing, Gearlog, Crave, Electronista, Boing Boing Gadgets, SlashGear, Boy Genius Report, GottaBeMobile, Obsessable and Engadget
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MI6 seeks recruits on Facebook — MI6 is using the social networking site Facebook to recruit the next generation of spies. The Secret Intelligence Service, which has traditionally scoured the country's elite universities for recruits, launched a series of online adverts this month as part …
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The Great Windows-Mac Laptop War — Windows laptops only had about 80 percent unit share at online and brick-and-mortar retail stores in June and July, according to NPD. But measured in dollars, market share was much lower: 65 percent. The difference in both categories largely belonged to Mac laptops.
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Nintendo On That New DS Rumor... Over the weekend, Nikkei Net announced that Nintendo plans to introduce a new iteration of the Nintendo DS sometime this year. This still yet unconfirmed DS will apparently feature a built-in camera and music playback as well as improved wireless functions.
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Christopher Null, Boing Boing Gadgets, Technologizer, Electricpig.co.uk, CrunchGear, MTV Multiplayer and Gizmodo
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High Online Video Ad Costs Could Drop — Online video ads cost advertisers substantially more than display or text advertising, but prices might drop as its novelty fades, says a new report by eMarketer. — Citing research by Bain and Company for the Interactive Advertising Bureau (IAB) …
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Rumor: An iPhone for Verizon in 2009 — Chalk this one up to wishful thinking. — A leading Apple blog posted a rumor Sunday that the iPhone — which is currently available in the United States only through AT&T Wireless — could be coming to Verizon, perhaps as early as January 2009.
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Hoping Apple's ‘Brick’ Is First All-Screen Laptop — Here's hoping that Apple's feverishly-anticipated “Brick” project is the world's first all-screen laptop — like this mockup of the OLPC version 2 by designer Yves Behar. — There's slim chance, of course, but I for one would love …
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eMusic CEO David Pakman Out — This one's odd: A few weeks ago eMusic CEO David Pakman was meeting with us and talking up the chances of his company, which sells digital downloads via monthly subscription service. Now he's out, headed for an unnamed but “premier” venture capital firm, according to an eMusic press release.
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Think Local, Act Conversational - It Just Might Save Your Business — (6) FOUND THIS USEFUL. DO YOU? — (image credit Marin IJ) — What do people think of when they are considering Corbet's Hardware, a local business near my home? For that matter, what do they think of Ambrosia restaurant?
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Screenwerk
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Google Goes to Washington, Gearing Up to Put Its Stamp on Government — The tall buildings in Reston bear the familiar names of big government contractors: Northrop Grumman, CACI, Raytheon and Accenture. Last month another name appeared, but not one that's typically associated with the federal market.
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Analyst: Google Maps Reigns Supreme — Cowen & Co., an industry analyst firm that specializes in covering Web services, released a statement today discussing its findings on the success of online mapping solutions. — To no one's surprise, the analyst found that Google Maps is the de facto leader …
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CNET News
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Nokia renews its business mobility solutions offering and strategy — Continued commitment to deliver leading mobile devices and solutions to businesses and business users — Espoo, Finland - With its sights firmly fixed on consumer internet services and with a clear vision of changing industry trends …
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All About Symbian