“Take note, entrepreneurs: The storm clouds are gathering.” That’s the message Laurie Segall, writing for CNNMoney, is sending after last week’s volatile stock market activity and because of a common theme emanating from what she calls “powerful voices.” She quotes several people who generally say bad times are coming and that if you’re a business thinking about heavy investment or product changes, you’d better do it now and not later. READ MORE
With Verizon’s unlimited data plan now extinct, many people are left scratching their heads as to why data plans on smartphones keep getting smaller, and what it means in the long-term. Fortune contributer Kevin Kelleher fears the worst in his blog for CNNMoney.com: tiered plans are a sign of the times, and that soon Americans will have no choice but to bend to the will of the mobile data pricing plan. READ MORE
Apple will begin enforcing its new iTunes App Store rules come June 30, and Amazon’s frequent Top 100 Kindle e-reader app is likely in Cupertino’s crosshairs. At issue is the prominent “shop in the Kindle store” button that takes users out of the App Store and into a web browser from which they can search for and purchase e-books. READ MORE
We recently wrote about some of the lessons that small businesses can take away from big businesses approach to social media. CNNMoney also highlights nine companies that have become master’s of social media. READ MORE
How does Apple consistently block its competition? Simple, CNNMoney reports: it has the best supply chain around, allowing it to give buyers the new gadgets they want faster than can any of its rivals. READ MORE
News of Steve Jobs taking a medical leave shocked Wall Street, but here’s the Apple kicker: the Cupertino tech giant sold almost $27B last quarter, mostly due to iPad and iPhone sales. From the CNN Money report: “The iPad’s success is coming from multiple sources. While Apple’s Macintosh computers have always struggled for traction in the business world, Apple said the iPad is generating strong crossover interest from business customers. Around 80% of Fortune 100 companies have deployed the tablet for their employees.” Apple sets new record with sales of $27 billion [CNN Money]
