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Facebook, Google Vie for Vevo

Facebook and Google are reportedly interested in acquiring a stake in the music video website Vevo. Up for grabs is an equity stake in the site, as well as an advertising deal. Vevo is said to be valued at approximately $1 billion. This tug of war over Vevo must be validating to the site. It launche...

Is Pinterest Sticking It to Facebook on E-Commerce?

It appears that Pinterest may have a greater propensity to inspire its users to buy products after viewing them on the site than other social networks, based on recent research. For example, Pinterest users are 79 percent more likely to purchase something spotted on Pinterest than Facebook users are...

RIM Searches for Saving Grace

For some time, the future of Research In Motion has been questionable, to say the least. Now, President and CEO Thorsten Heins has cast more doubt on the company's prospects with the announcement that RIM is likely to post its first operating loss in eight years. "The ongoing competitive environment...

Sprint Closer to Tying Up Loose Nextel Ends

Sprint has put a date on the phase-out of its iDEN Nextel National Network: June 30, 2013. The company first said it would be shutting down the 2G network in 2010, and in the meantime has discontinued selling iDEN devices in certain channels.Over the next several months, it will cease selling iDEN d...

Google Opens Its Piracy Complaint Books

Google has updated its Transparency Report to include requests to take down URLs that contain copyrighted material. Such requests, made by content owners or their representatives, are at the heart of the Digital Millennium Copyright Act. Until now, Google has only publicized government requests to r...

European Regulators Put Google in the Hot Seat on Privacy Changes

The French National Commission on Computing and Liberty is running up against what seems to be a chronic problem with Google: difficulty in getting all of the information it requested. The CNIL was tapped by Europe's Article 29 Working Party to take the lead in analyzing Google's new privacy policy,...

iPad-vertising Is Taking Off

Tablets are now a solid fixture in the mobile ad ecosystem, according to a new report. However, the format hasn't been fully exploited yet, in spite of the tablet's strong presence in the mobile world, thanks to Apple's iPad. Non-phone mobile devices -- primarily, tablets -- accounted for 20 percent...

Java Jurors Douse Oracle’s Hopes

Executives at Google no doubt are heaving signs of relief at the outcome of the latest -- and possibly last -- phase of the Java copyright and patent trial: The jury unanimously found that Google did not infringe Oracle's patents. U.S. District Judge William Alsup, who is presiding over the trial in...

Apple, Samsung Chiefs Pick Up Their Marbles and Go Home

Before Apple and Samsung launched a new chapter in their multicountry, multiargument patent dispute, Judge Lucy Koh of the U.S. District Court for the Northern District of California, told the two sides to sit down and try to iron out their differences. Apple CEO Tim Cook and Samsung CEO Choi Gee-su...

Facebook Fallout Widely Scattered

After dropping to $31 per share on Tuesday, Facebook's stock is hinting at a turnaround Wednesday morning, hovering around $32.15 per unit. Unless the stock surges past its $38 per unit launch price, however, it is hard to imagine how those responsible for its disappointing debut -- a group that inc...

Are Amazon Pre-Orders a Sign of Galaxy S III Fever?

Amazon has begun taking pre-orders for the Samsung Galaxy S III, a handset that will become available in Europe at the end of this month. The offering has caused some head-scratching: If this were the newest iPhone, the rush to get one might be understandable. However, the unlocked Galaxy S III smar...

Is Google Stuck in EU Antitrust Locomotive’s Headlight?

The European Union's antitrust ax is about to fall on Google, but the company can still avoid the worst repercussions. That is the essence of the message from EU antitrust chief Joaquin Almunia. After a year-and-a-half investigation into Google's activities in the market, there are four areas of con...

Facebook’s Balloon May Have Sprung a Leak

No one could accuse Facebook of having beginner's luck on Wall Street. The company's initial public offering on Friday was delayed by two hours due to a glitch in Nasdaq's trading system, prompting many traders to cancel orders because they were not sure of the stock's price. The day, in general, wa...

FB, Day 1: Massive Volume, Meek Gain

For all the anticipation leading up to Facebook's initial public offering, opinions about how it performed are decidedly mixed. Clearly, though, the market didn't think the stock, which started at $38 per unit, was a grand bargain: Facebook ended trading on Friday just a few cents over its opening p...

Facebook’s Gettin’ Down on Friday

Wearing his trademark hoodie, Facebook CEO Mark Zuckerberg virtually rang Nasdaq's opening bell from Silicon Valley this morning to kick off the start of what will be a very interesting Friday. This is, of course, Facebook IPO day -- the long-awaited and eagerly anticipated initial public offering o...

Twitter Takes Privacy High Road

Twitter has made an important overture to privacy advocates: It is giving users the ability to opt out of being tracked on the service by enabling the Do Not Track feature in the Firefox browser. Ed Felten, chief technology officer for the Federal Trade Commission, broke the news at an industry even...

GM Steers Away From Facebook

General Motors plans to stop advertising on Facebook because the ad campaigns are not paying off in any measurable way. At $10 million, the company's ad spend on Facebook is relatively small. The reaction to GM's decision, however, has been disproportionately big. The timing of the news, of course, ...

Groupon Gets a Second Wind

Groupon delivered earnings that pleasantly surprised shareholders. The daily deal provider reported a net loss of $11.7 million, a huge improvement from the $146.5 million it lost a year ago in its first quarter as a private company. It also posted stronger-than-expected revenue for the quarter, at ...

Nvidia Deal Puts a New Spin on Patent-Portfolio Acquisition

Nvidia and Intellectual Ventures have partnered to buy a set of patents developed and owned by IPWireless. The patent portfolio comprises approximately 500 wireless patents, including in such areas as LTE, LTE-Advanced and 3G/4G technologies. The acquisition is viewed as another sign that the compan...

Cofounder’s Renunciation of US Citizenship Unlikely to Hurt Facebook IPO

Facebook cofounder Eduardo Saverin, a Brazilian native who is currently a resident of Singapore, has given up his U.S. citizenship. The widely-held assumption is that Saverin wanted to escape the tax liability he would assume from the Facebook initial public offering, expected as early as this week,...

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