Today in Tech

November 10, 2010, 1:14 PM UTC

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.

  • Effective January 1, Google is giving every one of its 25,000 or so employees a $1,000 bonus and 10% raise. (Fortune)
  • Facebook engineer Mike Vernal openly chastised Google for attempting to block the social network’s access to the Gmail Contacts API. “Openness doesn’t mean being open when it’s convenient for you.” (Electricpig)
  • The Apache Software Foundation will ditch Java unless Oracle lightens up on use restrictions, claiming the company has “willfully disregarded the licensing terms for its own Java technology.” (ITworld)
  •, the search engine Barry Diller bought for $1.85 billion, is cutting 130 jobs, getting out of search, and focusing on its recently-introduced Q&A service. (Technologizer)
  • Total company revenues for eBay’s online-payments business, which includes Bill Me Later and PayPal, grew from 30% to 37%, or $838 million, over the last year. (Fortune)
  • A word of advice to Aol and Yahoo: Just get it over with, already. (Fortune)
  • Microsoft reportedly sold just 40,000 Windows Phone 7 units on launch day. (The Next Web)
  • Apple’s stock opened at a record high of $321 yesterday. Just for some perspective, the company’s stock has climbed almost 65% over the last 12 months. (Fortune)
  • RIM co-CEO Jim Basillie promises the company’s PlayBook tablet will be “very reasonably priced,” coming in under $500 when it hits early next year. (TechEye)
  • Samsung Mobile Display plans to sell a 7-inch Super AMOLED display next year. Can an updated Galaxy Tab be far behind? (OLED-display)