Good morning tech: Johnson to seek top Dem spot on Science and Technology panel

Industry notes

In search, competing with Google is impossible, says. is giving up on the search business after finding it too difficult to compete against Google, Bloomberg reported Tuesday. Barry Diller, the chief executive of IAC/InterActiveCorp, which owns, made it clear Google's market dominance is the reason Ask is backing out of search.

Tech industry awaits approval of U.S.-South Korea free trade agreement.
The technology industry is hoping U.S. and South Korean negotiators can settle an impasse over auto standards to approve a crucial free-trade agreement between the two nations ahead of Thursday's G-20 Summit in Seoul. Both countries acknowledge approving the agreement would be mutually beneficial and would provide a substantial boost to the approximately $70 billion in annual trade between the two allies.


—Does it really hurt albums sales when songs leak onto the Internet before the official release? Maybe not, Mashable concludes: "I spoke to Adam Farrell, head of marketing for Beggars Group, after The National’s album, High Violet, leaked, and he told me, 'A leak hurts a bad record, really. I’ve not really seen it hurt a really good record.'" With this in mind, Mashable declares rapper Kanye West's career "safe" after his new album leaked.