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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

Today in Tech

By
JP Mangalindan
JP Mangalindan
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By
JP Mangalindan
JP Mangalindan
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November 2, 2010, 6:00 AM ET
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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.

  • Reports are surfacing that the iPhone 5 will take Near Field Communication (NFC) technologies to an entirely new level. One hypothetical situation presented is that the new models will carry desktop data and settings. When owners near a Mac, they’ll be able to wave their phones and all that info will load onto it, and then unloads when they walk away. (9 to 5 Mac)
  • Google is suing the U.S. government for not seriously considering Google Apps for messaging technologies and preferring Microsoft’s Business Productivity Online Suite instead. (Read Write Web)
  • Citysearch is laying off most of its editorial staff and relying on freelancers for content moving forward. (MediaBeat)
  • Facebook is testing out a “Popular Places” module that shows where users’ friends have checked in. (Inside Facebook)
  • Rubicon Project, an online ad firm, raised $18 million to acquire News Corp.’s Fox Audience Network ad platform. News Corp., Clearstone Venture Partners, and Mayfield Fund were among the investors. (digital media wire)
  • Reddit co-founder Christopher Slowe is leaving to join flight search engine Hipmunk, founded by fellow Reddit colleague Alexis Ohanian. (paidContent)
  • Twitter is rolling out Promoted Tweets to users of the Twitter client HootSuite. Third-party clients like Hootsuite that opt-in will get 50% of the eventual ad revenue. (paidContent)
  • LinkedIn is introducing 40 product and service recommendations to the pages of companies including HP, Microsoft, Samsung Electronic America, Dell, Phillips and Citibank. (WebNewser)
  • T-Mobile added a 200 MB data plan for $10 a month and $15 without one. (Tom’s Guide)
  • According to a study from the JFK Medical Center, teens send 34 text messages a night. (Babble)
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