GOOD DAY FOR: Foreign friends, after Facebook vaulted past rival MySpace to become the world’s largest social networking site, with 132 million members, 63 percent of whom are outside of North America. Facebook attributes its international success to the fact that its site has been translated into 89 languages. (BusinessWeek.com)
BAD DAY FOR: BlackBerry, after Best Buy reached a deal to become the first independent retailer to sell Apple’s iPhone, starting Sept. 7. Best Buy’s 970 U.S. stores will join Apple and AT&T stores in selling the “smart” phone, helping Apple reach its goal of selling 10 million by year’s end. For Best Buy, “it solidifies us as the place to go for the cool stuff,” said Best Buy Mobile president Shawn Score. (Reuters)
Continue reading for free
We hope you're enjoying The Week's refreshingly open-minded journalism.
Subscribed to The Week? Register your account with the same email as your subscription.