• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Today in Tech: Google + has millions of users already

By
JP Mangalindan
JP Mangalindan
Down Arrow Button Icon
By
JP Mangalindan
JP Mangalindan
Down Arrow Button Icon
July 11, 2011, 3:30 AM ET

Fortune’s curated selection of the weekend’s most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.

“On the general question of bubble, in the first place you don’t know it’s a bubble until the bubble ends, by definition. The rule I set for myself 10 years ago was that if the press calls it a bubble then I’d pay attention.”
— Eric Schmidt, Google executive chairman (TechCrunch)

* Though Schmidt’s recent comments (see above) at this year’s Sun Valley conference hints we’ve got another tech bubble on our hands, venture capitalist Marc Andreessenargues otherwise. Also in the same interview, Andreessen takes a shot at TheSocial Network’s director. “Aaron Sorkin was completely unable to understand the actual psychology of Mark [Zuckerberg] or of Facebook. He can’t conceive of a world where social status or getting laid or, for that matter, doing drugs, is not the most important thing.” (The New York Times)

*


 It’s been out less than a month, but Google + could already have upwards of 4.5 million users. That’s what serial entrepreneur Paul Allen — not to be mistaken with the Microsoft co-founder of the same name — concluded after some preliminary numbers crunching. He’ll publish his complete findings later today. (Google)

* Google + thoughts from a Facebook developer. On the subject of the fledgling social network’s “Circles” feature, which lets you share content with customizable groups of people: “A very interesting combination of ’emotional glue’ and ‘interest glue.’ People will share content they feel is relevant and interesting to the recipients. If I have a ‘Tennis Lovers’ Circle, I’d be happy to share and discuss all the tennis content that would normally bore my general friend group. This should enable people to share niche content they would have previously stayed quiet about.” (Momentus Media)

* Want a peek at Spotify’s plans for U.S. domination? Head over to All Things D, which got its hands on some interesting info, including projections that the music streaming service will reach 50 million American users after just one year of stateside operations. (All Things D)

* Allegis Capital partner Jean-Louis Gassée’s critical (and excellent) analysis of HP’s acquisition and attempted integration of the WebOS platform, the operating system powering the company’s TouchPad tablet. (Monday Note)

* According to The Guardian’s Robert Crum, the traditional book isn’t dead, it’s just shape-shifting. (The Guardian)

* Storytelling and social networks: Why Twitterbeats Google +. (ReadWriteWeb)

* What will tomorrow’s consumer look like, and how will they behave? Here’s a hint. (YouTube)

[youtube=http://www.youtube.com/watch?v=v7rAndGl5GA]


Don’t miss the latest tech news. Sign up now to get Today in Tech emailed to you each and every morning
.

About the Author
By JP Mangalindan
See full bioRight Arrow Button Icon

Latest in

CryptoBinance
Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters
By Ben WeissDecember 7, 2025
3 hours ago
Big TechStreaming
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
By Hadriana Lowenkron, Se Young Lee and BloombergDecember 7, 2025
7 hours ago
Big TechOpenAI
OpenAI goes from stock market savior to burden as AI risks mount
By Ryan Vlastelica and BloombergDecember 7, 2025
7 hours ago
InvestingStock
What bubble? Asset managers in risk-on mode stick with stocks
By Julien Ponthus, Natalia Kniazhevich, Abhishek Vishnoi and BloombergDecember 7, 2025
7 hours ago
EconomyTariffs and trade
Macron warns EU may hit China with tariffs over trade surplus
By James Regan and BloombergDecember 7, 2025
7 hours ago
EconomyTariffs and trade
U.S. trade chief says China has complied with terms of trade deals
By Hadriana Lowenkron and BloombergDecember 7, 2025
7 hours ago

Most Popular

placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
AI
Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China 'they can build a hospital in a weekend'
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
Economy
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
1 day ago
placeholder alt text
Economy
JPMorgan CEO Jamie Dimon says Europe has a 'real problem’
By Katherine Chiglinsky and BloombergDecember 6, 2025
1 day ago
placeholder alt text
Big Tech
Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
By Eva RoytburgDecember 5, 2025
3 days ago
placeholder alt text
Politics
Supreme Court to reconsider a 90-year-old unanimous ruling that limits presidential power on removing heads of independent agencies
By Mark Sherman and The Associated PressDecember 7, 2025
15 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.