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Applications to University of Chicago hit record

From Bloomberg | The University of Chicago said Tuesday that it received 21,669 applications for undergraduate admission in the 2011-2012 academic year, after the institution enlisted alumni into its outreach efforts.

The total rose 12 percent from 19,374 a year earlier. Get the full story »

Amazon to compete with Google on Android apps Inc.  plans to open a software-applications store for smartphones running Google Inc.’s Android operating system, putting it in head-to-head competition with Google’s own digital-app store.

According to an Amazon document for developers viewed by The Wall Street Journal, Amazon would take a 30 percent cut of sales, with the developers keeping the rest. The document includes a stipulation that the apps can’t be offered at a lower price elsewhere. Get the full story »