 | Good afternoon Bit |  |  | Facebook signaled an increased interest in deals, poaching a member of Google's corporate development team to lead its fledgling merger and acquisition efforts and underscoring the rivalry between the social networking company and the search engine giant.
AOL hired Twitter co-founder Biz Stone as a strategic adviser for social impact. Its newest addition, The Huffington Post, also announced several hires. AOL announced last week that it was firing 20 percent of its global workforce and editor in chief for AOL's Engadget Joshua Topolsky quit over the weekend. Still unclear was the fate of AOL freelancers.
Sales of Apple's iPad 2 eclipsed that of its predecessor on its debut weekend, with around 1 million units being gobbled up. One analyst sees the iPad 2's early success as a warning sign of a global tablet bubble, where supply could outpace demand for tablets by about 36 percent. While a glut might not make tablet makers happy, consumers aren't likely to complain about the price drops that could result.
Did your iPhone wake you up on time this morning? Daylight saving time went into effect on Sunday in the U.S., but at least one person was late for work on Monday after his iPhone, having updated to DST on Sunday, reverted back to standard time on Monday, writes Engadget's Sean Hollister.
GigaOM's Ryan Kim thinks the deal between Angry Birds developer Rivo and Amazon.com to offer the sequel to the hugely popular game exclusively at the online retailer's Android app store shows Amazon.com is serious about supporting the smartphone platform and highlights the importance of third-party app stores.
Need to know how to fend off a mountain lion or uncork a champagne bottle with a saber? A new iPhone app based on the website showmenow.com and "Show Me How" books has the answers. | | | LinkedIn adds Chinese censorship as risk to IPO | | March 14, 2011 12:46 PM ET | | NEW YORK (Reuters) - Following a recent blocking of LinkedIn in China, the social Internet network for professionals warned potential investors in its initial public offering that similar incidents in the future could hurt its value. | Full Article | | Markets hurt by Japan, but selling could wane | | March 14, 2011 04:32 PM ET | | NEW YORK (Reuters) - U.S. stocks fell in the aftermath of Japan's devastating earthquake on Monday, but other than specific industries such as nuclear power, the broad impact on equities was expected to be short-lived. | Full Article | | Japan economy shudders after shocks, BOJ pumps cash | | March 14, 2011 03:48 PM ET | | TOKYO (Reuters) - Japan's central bank on Monday rushed to bolster markets in the wake of the country's worst disaster since World War Two and although the authorities said it was too early to put a figure on the damage, critics said a stronger initial response had been needed. | Full Article | | | BUSINESS NEWS
| | Quake selloff wipes $287 billion off Tokyo stock market | | March 14, 2011 10:34 AM ET | | TOKYO (Reuters) - A massive selloff on the Tokyo Stock Exchange wiped out some 23.5 trillion yen ($287 billion) from the market's value on Monday with investors dumping stocks as the country recoiled from a devastating earthquake and struggled to avert nuclear disaster. | Full Article | | Quake ravaged Japan battles against nuclear meltdown | | March 14, 2011 03:24 PM ET | | FUKUSHIMA, Japan (Reuters) - Japanese engineers raced to prevent a meltdown at a stricken nuclear plant on Tuesday, as rescuers scrambled to help millions left without food, water or heating by a devastating earthquake and tsunami. | Full Article | | Special report: Can Japan find "New Deal" after triple whammy? | | March 14, 2011 01:48 PM ET | | TOKYO (Reuters) - The Daiichi nuclear power plant in Fukushima is built right on the shoreline in northeast Japan. So when an 8.9 magnitude earth quake struck on Friday, the giant tsunami waves it spawned crashed over the reactors and put them at risk of a meltdown. | Full Article | | | | U.S. TOP NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | | | | |
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