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Top Tech Stories of the Day: The Point-and-shoot Camera Faces Its Existential Moment

The compact digital camera is fading fast. As global shipments plummet, manufacturers are scrambling to adapt to a world where customers value the convenience of smartphones for qu... More The compact digital camera is fading fast. As global shipments plummet, manufacturers are scrambling to adapt to a world where customers value the convenience of smartphones for quick shots they can share on social networks like Facebook and Instagram. Facebook is formally announcing that they are becoming a mobile games publisher by offering distribution to studios in exchange for a cut of revenue, and they're putting a call out for developers that are looking to participate. With Apple's market share in China under pressure, CEO Tim Cook seems to be taking a renewed focus on hammering out a deal with China Mobile to carry the iPhone. Cook is in China this week and will likely meet with executives from China Mobile "in the coming days" to talk about bringing the iPhone to the world's largest mobile carrier. Less

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