Monday, January 3, 2011

Investments place value of Facebook at $50 billion (AP)

Investments place value of Facebook at $50 billion (AP)

Investments place value of Facebook at $50 billion (AP)

Posted: 03 Jan 2011 03:58 PM PST

FILE - In this May, 26, 2010 file photo, Facebook CEO Mark Zuckerberg talks about the social network site's new privacy settings in Palo Alto, Calif. Facebook has raised $500 million from Goldman Sachs and a Russian investment firm in a deal that values the company at $50 billion, The New York Times reported. Goldman invested $450 million and Digital Sky Technologies invested $50 million, the newspaper reported Sunday in its online edition, citing people involved in the transaction that it did not name. Goldman has the right to sell part of its stake, up to $75 million, to the Russian firm. (AP Photo/Marcio Jose Sanchez, File)AP - An injection of cash that values Facebook at $50 billion will help it delay going public for at least another year, giving the company breathing room to focus on long-term ambition rather than short-term profit.

Gadget show to bring fiercer competition to iPad (AP)

Posted: 03 Jan 2011 03:17 PM PST

An image provided by Toshiba shows the Toshiba Tablet. The Japanese computer and flat-screen TV maker is set to unveil the tablet at the annual International Consumer Electronics Show in Las Vegas this week. (AP Photo/Toshiba) ** NO SALES **AP - Apple Inc.'s popular iPad is getting its strongest competition thus far as consumer-electronics manufacturers unveil tablet computers with bigger screens, front-facing cameras for video chatting and more.

LG Announces “Flicker Free” LW6500 Cinema 3D TV (PC World)

Posted: 03 Jan 2011 05:15 PM PST

PC World - In what may turn out to be a sneak peek of CES 2011 HDTV trends, LG announced the newest entry to their 2011 HDTV lineup--and it's a 3D TV that doesn't use the heavy, expensive active-shutter 3D glasses.

Europe inching closer to universal-phone-charger standard (Ben Patterson)

Posted: 03 Jan 2011 12:19 PM PST

Ben Patterson - The days of scrounging around for a smartphone charger that fits your particular handset may soon be over รข€" in Europe, at least. As for a universal-charger standard in the U.S., well ... don't hold your breath. A pair of …

Android climbs, Apple holds steady, RIM slips in U.S. smartphone market (Ben Patterson)

Posted: 03 Jan 2011 08:41 AM PST

Ben Patterson - Google's Android OS is showing no signs of slowing down when it comes to U.S. smartphone market share: A new survey shows Android climbing within striking distance of Apple's iOS mobile platform. Meanwhile, RIM's slice of the U.S. smartphone pie …

How Blu-ray could speed up 3D TV adoption (Reuters)

Posted: 03 Jan 2011 07:52 PM PST

Reuters - Remember the videotape format war between VHS and Betamax in the 1970s and '80s? When wide adoption of a new consumer packaged-media format is at stake, format launches aren't always smooth.

Some Apple iPhone users (Investor's Business Daily)

Posted: 03 Jan 2011 03:39 PM PST

Investor's Business Daily - Some Apple (NMS:AAPL) iPhone users in Asia and Europe said built-in alarm clocks didn't work for a third straight day Mon. Apple said the alarm problem, first reported by U.S. users Jan. 1, has been fixed by a software upgrade.

California's Top Court Backs Cell-phone Searches (PC World)

Posted: 03 Jan 2011 07:00 PM PST

PC World - The California Supreme Court has ruled that police don't need a warrant to search the text messages on a cell phone being carried by a suspect.

Facebook finds powerful 'friend' in Goldman Sachs (AFP)

Posted: 03 Jan 2011 07:18 PM PST

Facebook has raised 500 million euros from US investment bank Goldman Sachs and a Russian investor that values the popular social networking sight at 50 billion dollars, the New York Times has reported.(AFP/File/Leon Neal)AFP - Social-networking giant Facebook could flex its growing might after reportedly raising 500 million dollars from Goldman Sachs and a Russian firm in a deal valuing the website at 50 billion dollars.

Vizio Announces Theater 3D HDTVs (PC World)

Posted: 03 Jan 2011 03:00 PM PST

PC World - HDTV giant Vizio announced a new lineup of HDTVs today, ranging from 22 to 71 inches across their budget-friendly E-series, stylish M-series, and high-powered XVT-series TV lines.

Android Nipping at iOS' Heels in Market Share [STATS] (Mashable)

Posted: 03 Jan 2011 01:29 PM PST

Mashable - Apple's iOS might be top smartphone OS in the U.S. in terms of marketshare, but Android is gaining, especially among new smartphone buyers.

Samsung moves 10 million Galaxy S phones in seven months (Appolicious)

Posted: 03 Jan 2011 11:09 AM PST

Appolicious - It's good to be Samsung, and Google (GOOG) has to be excited as well: the phone-maker has sold 10 million of its Galaxy S smartphones worldwide, and they all run Google's Android operating system.

Software Industry New Year's Resolutions (PC World)

Posted: 03 Jan 2011 12:00 PM PST

PC World - A new year has begun for the enterprise software industry, presenting an opportunity for the players to contemplate 2010's wins and losses while ushering in some welcome changes and delivering on promises.

New JBoss Puts Java EE 6 to Work (PC World)

Posted: 03 Jan 2011 09:30 AM PST

PC World - The newest version of the open source JBoss Application Server has been released, and is now one of the first production-ready app servers to support Java EE 6.

Microsoft, Google Clash Over IE 0-Day Leaked to Chinese Hackers (PC Magazine)

Posted: 03 Jan 2011 07:17 AM PST

PC Magazine - Well-known researcher and Google employee Michal Zalewski has come across what appears to be an independent discovery of an unpatched Internet Explorer vulnerability by separate researchers in China.

U.S. DHS Goes After Vietnamese Hackers, Identity Thieves (PC World)

Posted: 03 Jan 2011 06:50 PM PST

PC World - The U.S. Department of Homeland Security is cracking down on a international criminal ring, based in Vietnam, that is thought to have stolen hundreds of millions of dollars from online merchants using hacking and identity theft.
Posted by Harshad at 9:15 PM

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