Apple's hardware chief resigns; Virgin Mobile launches iPhone

Quick news from around the Web.

@FierceWireless:  RT@gigaom: The iPhone at 5: a GigaOM retrospective Article. Awesome! If you want our take, here it is-PG: Special report | Follow @FierceWireless

> Google's Nexus 7 tablet sales are reportedly already doing well. Article

> Apple said Dan Riccio will take over as head of hardware engineering, succeeding Bob Mansfield, who plans to retire. Article

> The Securities and Exchange Commission charged LightSquared's biggest backer, Philip Falcone, with fraud. Article

> Virgin Mobile's iPhone launch gets a boost from Sir Richard Branson. Article

> Motorola Mobility president Dan Moloney resigns; and former Charter CTO Fawaz will run its set-top box business. Article

Mobile Content News

> Adobe Systems will officially discontinue Flash Player support for Google's Android, announcing there will be no certified Flash implementations for Android 4.1 (a.k.a. Jelly Bean), unveiled earlier this week. Article

> Daily downloads from Apple's App Store increased 7.3 percent in May 2012, rebounding after two consecutive months in decline, according to mobile user acquisition platform Fiksu. Article

> Google has quietly introduced its Save-To-Wallet API, enabling customers to transfer promotional offers from a merchant's website directly to their Android smartphone. Article

And finally...How well can Apple's Siri really understand users? Article