China looks to tap into photo-sharing craze When Facebook announced it was shelling out around US$1 billion to take on the free photo-sharing outfit Instagram in April, the reverberations were heard right across the globe.
Google+ trends: 'Diablo III' fastest-selling game in history, search for #1 AKB48 fan Fantasy action role-playing game Diablo III is now the fastest-selling video game in history with more than 3.5 million copies sold within the first 24 hours and 6.3 million copies sold within the first week.
Twitter index: Tweeps show love for 'American Idol' finalist Jessica Sanchez While 16-year-old American Idol contestant Jessica Sanchez was beaten by 21-year-old Phillip Phillips during the reality TV show finale, Tweeps have taken the battle online and are showing her that she won something even more important: their love.
Jury deals big blow to Oracle in Android case versus Google SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a fight between the two Silicon Valley giants over smartphone technology. In a case that examined whether computer language that connects programs and operating systems can be copyrighted, Oracle claimed Google's Android tramples on its intellectual property rights to the Java programming language. ...
Pandora Media raises outlook as more people tune in (Reuters) - Online streaming music service Pandora Media Inc reported better-than-expected revenue and raised its full-year guidance as more people tuned in. The stock climbed 17 percent in extended trading after closing at $10.33 on Wednesday. "We are making excellent progress on all fronts - consumer adoption continues at an extraordinary pace," Pandora Chief Executive Joe Kennedy said in an interview with Reuters. Pandora raised its full-year revenue outlook to a range of $420 million to $427 million from a previous forecast of $410 million to $420 million. ...
Apple: U.S. e-book lawsuit "fundamentally flawed" (Reuters) - Apple Inc is rejecting charges that it conspired to fix prices of electronic books, calling the U.S. government's antitrust lawsuit a "fundamentally flawed" endeavor that could discourage competition and harm consumers. In a filing in U.S. District Court in Manhattan late Tuesday, Apple said it has not conspired with anyone or fixed prices for e-books in an effort to thwart Amazon.com Inc's dominance of that fast-growing market. ...
Jury deals blow to Oracle in case vs. Google SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a legal fight between the two Silicon Valley giants over smartphone technology. The verdict was delivered on Wednesday in a San Francisco federal court. The same jury could not unanimously agree on the copyright allegations earlier in the case, though the jury foreman told reporters on Wednesday that the final vote on a key copyright issue heavily favored Google. ...
Regulators, investors turn up heat over Facebook IPO (Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...
Oprah expands online with Huffington Post LOS ANGELES (Reuters) - Media mogul Oprah Winfrey is expanding her online empire by teaming up with the Huffington Post for a section dedicated to the chat show host that will engage her audience, the Oprah Winfrey Network said on Wednesday. The Huffington Post Oprah section will launch in August, and will curate content from Oprah.com, which features the motto "Live Your Best Life" and accompanies Winfrey's OWN TV programming with videos, articles and advice on health, fashion and culture. The section also will develop original content with Oprah. ...
Website address 'revolution' back in motion The Internet domain name "revolution" was back in action on Tuesday with the agency in charge of website addresses once again taking applications for online neighborhoods breaking the ".com" mold.
Yahoo seeks to shake up search, Web browsing Joining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."
Yahoo! launches new browser for PC, iOS with built in search prediction, syncing Yahoo! has joined the browser game with Axis, a new internet browser that aims to redefine search.
Yahoo! moves to reclaim Internet search crown Yahoo! has set out to reclaim the Internet search crown from Google with the release of software that transforms the way users explore the Web using Apple's coveted gadgets.
A look at tech companies with recent IPOsHere's a look at how some companies that had initial public offerings of stock since January 2011 are faring. The companies are all loosely Internet-related, though their businesses vary widely.
News Summary: No Google infringement, says juryTHE VERDICT: A federal jury says Google didn't infringe on Oracle's patents when the Internet search leader developed its popular Android software for mobile devices.
Facebook’s record-breaking IPO put into perspective Facebook made its initial public offering last Friday and while it didn’t go as smoothly as many had hoped, the offering was still the largest of its kind. Facebook stock began trading at $42 on Friday before closing just above $38, the IPO price set by bankers the night before. The stock has since slid further, touching $30 in pre-market trading on Wednesday morning, and media coverage has turned sour as investors continue to balk. All things considered, however, the $16 billion Facebook raised on Friday smashed Google’s earlier record by more than eight times and made Facebook’s offering the biggest in Internet IPO history. To put things in perspective as Facebook’s stock battles to climb back to the $38 mark
Stitcher Radio - News and Talk keeps you tuned inAndroid has a plethora of podcast radio apps so it can become overwhelming trying to find the perfect one. Even Google has dipped its toes in the Internet broadcasting phenomenon with their app, Listen. Unfortunately, the search giant’s offering has its own shortcomings. Featuring an intuitive layout, radio discovery app Stitcher provides a great alternative for your favorite podcasts and radio.
Jury: Google didn't infringe on Oracle patentsA federal jury ruled Wednesday that Google didn't infringe on Oracle's patents when the Internet search leader developed its popular Android software for mobile devices.
Google cleared in Oracle suit on patents A jury on Wednesday declared Google innocent of patent infringement in a high-stakes court battle pitting business software titan Oracle against the Internet giant.
Google did not infringe Oracle’s patents with Android In the widely publicized patent infringement case between Google and Oracle, a San Francisco jury on Wednesday found that Google’s Android operating system does not infringe Oracle’s patents. Jurors have been dismissed and Judge William Aslup of the U.S. District court of Northern California exonerated the Internet giant of any wrong doing. The verdict marks the end of the trial’s second phase, which focused on patent infringement claims. Google earlier this month was found to have infringed Oracle’s copyrights, however, and the proceedings are set to resume on Tuesday morning. [Via The Verge] Read
French rights groups want Google to stop suggesting 'Jew' A French judge on Wednesday asked a mediator to resolve a dispute pitting Internet giant Google against anti-racism groups who object to the search engine suggesting users add "Jew" to name searches.
Lawmakers Call for an End to Internet AnonymityLawmakers in New York State think the root of all Internet evil lies in the anonymous nature by which comments get posted on news websites and social media. Their solution? They've introduced Internet anonymity legislation that would make New York-based website owners delete any anonymous posts that other Internet users label as cyberbullying.
Yahoo under Levinsohn seen shifting to content, advertising SAN FRANCISCO (Reuters) - With two of its most distracting conflicts resolved in the past week and a half, Yahoo Inc hopes its new interim chief executive can focus on the biggest challenge of all: turning the company into an entertainment and information destination that wins back the advertising dollars flowing elsewhere. While ousted predecessors Scott Thompson and Carol Bartz were seen as technologists, Ross Levinsohn has managed Internet efforts at such mainstream media companies as CBS and Rupert Murdoch's News Corp. ...
SAP says initially planned cooperation with AribaMANNHEIM, Germany (Reuters) - SAP said on Wednesday it initially planned a cooperation with Ariba Inc rather than buying the commerce network company. German business software maker SAP announced plans to buy Ariba late on Tuesday, in a deal valuing the U.S. company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market. SAP said it still aims to reach an operating margin of 35 percent in 2015. (Reporting by Harro ten Wolde and Hendrik Sackmann)
SAP to buy Ariba, boosts cloud bet SAN FRANCISCO (Reuters) - Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market. SAP is taking aim at Oracle, the world's No. 2 maker of business management software, as they vie with Salesforce.com Inc in the multibillion dollar cloud-computing services market, one of the industry's hottest area of growth. Shares in Ariba, which were halted briefly, leapt 20 percent to SAP's offer price of about $45 per share. ...
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