Webwire: Adobe ditches mobile Flash; Cisco grows income

Adobe abandons mobile Flash
Software firm Adobe is throwing in the towel on development of its Flash Player for mobile devices, claiming wide support for HTML 5 technology makes it a better choice.
BBC

Cisco earnings up
Cisco beat analyst forecasts for fiscal 1Q income – covering the three months to end-October – with earnings per share of $43 cents (€32 cents). The vendor forecasts EPS of $42 cents to $44 cents in fiscal 2Q.
Reuters

Amazon acquires voice recognition firm
Amazon has acquired US speech recognition firm Yap – a move that hints it may take on Apple’s Siri voice assistant.
All Things Digital

Softbank, Alibaba mull hostile Yahoo bid
Japan's Softbank and Chinese e-commerce group Alibaba are seeking private equity partners to help mount a hostile takeover bid for Yahoo.
BusinessWeek

Panorama camera concealed in iOS
A programmer and has discovered a hidden panoramic camera mode built into Apple's iOS 5 that can be enabled on jailbroken iPhones.
NZ Herald

AWS cuts data center costs
Lower energy prices are touted as a reason why a new Amazon Web Services data center in Oregon, USA undercuts its site in Northern California.
GigaOM