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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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Current price of oil as of June 15, 2026

Today in Tech: Google Music is here

By
JP Mangalindan
JP Mangalindan
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By
JP Mangalindan
JP Mangalindan
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November 17, 2011, 11:08 AM ET
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Fortune’s curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.



* As reported, Google (GOOG) launched its new online music store. Currently Google Music includes deals with three of the major music companies, lets users also upload and store up to 20,000 songs for free, as well as share music via the company’s Google+ social network. (Computerworld)

* Nokia (NOK) discussed its plans to undercut Windows Phone-selling rivals, which in large part has to do with being price competitive. (Reuters)

* AOL executive Brad Garlinghouse, President of the Applications and Commerce group, and head of AOL’s Silicon Valley operations, is reportedly quitting AOL. Garlinghouse joined the company in 2009, however according to GigaOm, AOL (AOL) is now prioritizing its web media over applications. Meanwhile, the company launched a preview of a streamlined version of its AIM service. (GigaOm and VentureBeat)

* GE (GE) is getting into software in a big way by announcing the $1 billion Global Software Center in San Ramon, Calif. The facility will have 400 employees with the goal of speeding up “the pace of innovation, collaboration, and commercialization of new technologies.” (San Francisco Chronicle)

* Adding to what seems like an employee exodus, Twitter Communications Director Lynn Foxx is also leaving the social network. Foxx’s departure is just the latest, joining others like ex-head of communications Sean Garrett and former VP of engineering Mike Abbott.

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