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What do you do if you’re in a bank when it’s being robed? Tweet about it, of course. And that’s just what Annemarie Dooling did yesterday in NY. “My bank was just held up – with me in it. HSBC 34 and 8” But the devil is in the details. She was not the first to notice the heist because she was heads-down on a crackberry, she was chastised by the twitterati for not doing something more pro-active, but she did pick up over 200 new followers

Apple’s iPhone App Store moved over 1.5 billion applications in its first year. The App Store currently boasts 65,000 applications ranging in price. With over 100,000 registered developers, it’s safe to say the mobile application business is still flourishing.

Microsoft executive Peter Bale told reporters in London that it plans to launch a music service similar to Spotify. The venture will reportedly offer a variety of listening options, including free ad supported streaming, subscription streaming and paid downloads. Sources say Microsoft may have the service up by the end of summer.

Intel reported sales exceeding $8 billion for the second quarter. The quarterly report beat analyst’s predication by more than $700 million. CEO Paul Otellini said the “second-quarter results were clearly better than we expected,” and that Intel expects to gross as much as $8.9 billion in the next quarter.

Microsoft announced that Azure, its cloud offering, will launch during the Professional Developers Conference the weekend of November 17th 2009. The cloud operating system, which offers users storage and computing, will operate on a pay what you use basis. Microsoft will charge users $0.10 down and $0.15 up / GB for bandwidth.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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