Today in Tech: News around the Web

October 13, 2010, 10:30 AM UTC

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 day’s most newsworthy bits below.

Photo: Justin Sullivan/Getty Images
  • Redbox is rolling out video game rentals to “thousands” of its 24,000 kiosks around the U.S. (MCV)
  • Intel posted a quarterly net profit of nearly $3 billion and a record revenue of $11.1 billion (AFP)
  • Amazon will start offering shorter-format, inexpensive ebooks called “Kindle Singles.” (TFTS)
  • Nokia’s market share has reportedly plunged almost 18% in India in six months. (The Economic Times)
  • Facebook added a one-time password feature that will text passwords to users concerned about working on computers in say, hotels, cafes and airports. (eweek)
  • Former Google CIO Douglas Merrill launched  ZestCash, an installment loan startup that loans users up to $500 and allows them to pay them back in small amounts over time. (TechCrunch)
  • Social gaming company PlayFirst raised $9.2 million during its latest round of funding. (PocketGamer)
  • Digg CEO Matt Williams apologized on the social media’s blog for disappointing users and dropping features with its recent redesign (Erictric)