Major News around the Web

Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.

In Bloomberg Businessweek's profile of Oracle CEO Larry Ellison, the publication declares, "Thank heavens." Despite smack-talking HP's board for letting Mark Hurd go and questioning the choice of new CEO Léo Apotheker ("maddening," he once said), Ellison's reportedly done a great job of taking a relatively boring database company and focusing on its most exciting areas and features.(More...)

Microsoft  discussed the possibility of an Adobe acquisition to take on Apple and Google  in the mobile market.(More...) 

A document has surfaced offering proof that Amazon's App store is definitely in the works, though the company is still in top-secret closed-door discussions about it. (More...)

Nokia  is taking advantage of this week's CTIA Enterprise and Applications show in San Francisco to try and win over more developers to devolop mobile apps for its Ovi store. The company views Ovi as a vital component in its overall strategy to regain U.S. market share from Apple and Google.(More...)

Former Skype CEO Josh Silverman is joining venture firm Greylock Partners as an "executive-in-residence." Though he was recently replaced by Cisco exec Tony Bates, Silverman is viewed as someone who brought stability to Skype during a tumultuous time, right after both Skype founders quit the company.(More...)

 IBM  unveiled a new, midrange disk storage system designed to better manage the increasing amount of data flowing through the Internet and growing volume of Web transactions.(More...)