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Conde Nast is restructuring its web presence by giving its top tier publications their own sites. While magazines like GQ and Vogue have had online properties, both were part of Style.com. While Conde will rebrand the digital world of GQ and Vogue, surprisingly, Vogue will not have its own site, rather it will only be accessible at style.com/vogue.
Microsoft will shut down its UCG video site Soapbox. Microsoft launched the MSN channel three years ago after deciding not to purchase YouTube. MSN, which is planning a massive overhaul of the MSN property in the fall, will instead allow users to upload video to its MSN Video channel.
A Chinese factory worker who handled prototypes of Apple’s 4G iPhone committed suicide after one of the phones went missing. Sun Danyong, who was in charge of sending the new iPhone mock-ups to Apple, was detained and beaten by a member of the Foxconn security team after only fifteen of the sixteen iPhones were found. After the beating, Danyong jumped out a window to his death.
Samsung SDI’s profits for the second quarter were up 17%. The world’s largest manufacturer of flat-screen TV’s earned $46.6 million during the period. The increase in profit comes as Samsung’s battery business continues to boom.
Apple’s earnings were up 15% for the third fiscal quarter of 2009. iPhone sales especially helped Apple earn $1.25 billion for the quarter, which ended just after the release of the iPhone 3GS. In addition, despite the economy, Apple sold 2.6 million computers during the quarter, 4% more than this time last year.