Symantec to split into storage, security companies. "Symantec Corp. (SYMC) said it’s splitting into two companies, a move that reverses a decade-old expansion effort by the biggest maker of security software," reports Bloomberg's Jordan Robertson. "The Mountain View, California-based company said in a statement yesterday that its cyber-security and data-storage divisions would become separate publicly traded companies. Symantec said it made the decision after an extensive business review and had concluded it needed to be nimbler and more focused."
Microsoft CEO Satya Nadella on women pay gaffe: “I answered that question completely wrong.” "After making an unfortunate gender-related gaffe onstage at a women’s tech event today, Microsoft CEO Satya Nadella issued a memo to employees apologizing for comparing pay issues for women to 'karma,'" reports Kara Swisher at Re/Code. Nadella "furiously backpedaled in the memo," Swisher said. "I answered that question completely wrong," Nadella said in the memo. "Without a doubt I wholeheartedly support programs at Microsoft and in the industry that bring more women into technology and close the pay gap. I believe men and women should get equal pay for equal work."
The download heard 'round the world: iTunes numbers show 81 million 'experienced' U2 album. Billboard's Shirley Halperin and Andrew Hampp report:"Eddy Cue, Apple's senior VP of internet software and services, tells Billboard that U2's Songs of Innocence has racked up a staggering 26 million complete downloads since its Sept. 9 release as a free download exclusively to Apple's 500 million global iTunes customers. In total, Cue adds, over 81 million Apple customers experienced songs from Innocence, a global figure that includes plays and streams through iTunes, iTunes Radio and Beats Music."
Amazon is reportedly opening a physical store. "Amazon.com is reportedly planning to open its first physical store, a move that could mark a key strategic shift for a retailer that has been a pioneer of e-commerce," reports The Washington Post's Sarah Halzack. "If Amazon opens the site, it would be one of the most vivid examples yet that retailers are intensely focused on building what's known an 'omnichannel' strategy, one that relies on both brick-and-mortar and digital presences that are seamlessly integrated." (Jeffrey Bezos, chief executive of Amazon.com, also owns The Washington Post.)