LinkedIn Closes At $94 Per Share, With $8.9 Billion Market Cap
After opening to $83 per share and a market cap of $7.8 million, LinkedIn closed at $93.86 per share, giving the company a valuation of $8.9 billion. Although the professional social network priced a...
Amazon.com Now Selling More Kindle Books Than Print Books
Kindle with Special Offers for only $114 is already the bestselling member of the Kindle family — (NASDAQ:AMZN)—Amazon began selling hardcover and paperback books in July 1995. Twelve years later i...
Scoop: Microsoft closes consumer skunkworks unit
A little more than three years after opening Pioneer Studios, a skunkworks operation to develop consumer electronics and experiences, Microsoft has closed the unit, CNET has learned. — Pioneer was t...
Google Is Serious: You Can Kill Chrome's URL Bar
We wrote about this feature a few months ago and now we are seeing a first implementation of it. The URL bar in Chrome is still active by default, but there is a flag to hide it. Chrome is serious a...
‘Neuromancer’ Goes Into Pre-Production
After years in development, Vincenzo Natali's Neuromancer is finally moving forward. According to a press release, the film has secured sales from distributors at Cannes and visual effects work has a...
Updated: Liberty Media Offers Nearly $1 Billion For Barnes & Noble; Would Buy 70 Percent
Bankrupt Borders needs a sale the most but Barnes & Noble (NYSE: BKS), whichput itself in play last August, is the book retailer with a serious suitor—and they don't come much more serious than John M...
Whoa! Apple Patent Confirms iTunes Cloud Media Services
In January we pointed to a possible HP music cloud service that could debut with their future TouchPad tablet due to their 3par acquisition. Such a service had the potential of upsetting Apple's iTun...
Argentine court blocks Google ‘suggested’ searches
Buenos Aires, Argentina (CNN) — An Argentine court this week granted an injunction that blocks internet giant Google from “suggesting” searches that lead to certain sites that have been deemed anti-Se...
Facebook to use Microsoft's PhotoDNA technology to combat child pornography
Facebook will be the first company outside of Microsoft to roll out the Redmond company's PhotoDNA technology — a move that the companies are describing as a big step in the fight against child pornog...
Internet Explorer emerges as only browser not vulnerable to huge memory leak
The developer teams at Microsoft may have something to smile about this morning after it has emerged that the company's Internet Explorer browser is one of the only modern web browsers that is not sus...
Nuance Plays Hardball in Voice Recognition
The speech-recognition software maker has acquired at least four companies after suing them first — When rumors swirled on May 7 that Apple (AAPL) might acquire Nuance Communications (NUAN), shares ...
Exclusive: A First Look at AT&T's LTE Network
Yesterday, I took a tour of AT&T's Foundry space in Plano, Texas. I interviewed Jon Summers, SVP of application and service infrastructure at AT&T, with other reporters, to try to understand the shif...
Group looking to form Apple Retail Workers Union
As Apple celebrates the tenth anniversary of its retail stores, some store employees are seeking to unionize.
Qualcomm Bringing Augmented Reality Software Kit to the iPhone
Although its chips don't power the iPhone, Qualcomm has decided to bring its augmented reality software kit to Apple's phones in an effort to make it more attractive to developers. — Qualcomm releas...
Illusions of Democracy
NEW YORK - The Internet is an extraordinarily powerful tool. It has changed how we do business, how we do politics, and even how we change our leaders - at least some of the time. But the ease with ...
Google, Smartphone Contacts & Social Graphs: Has Eric Schmidt Crossed The Creepy Line Again?
Things have been a little quiet — perhaps even boring — since Eric Schmidt stepped down as Google's CEO to become the company's Executive Chairman. The strange quotes and not-so-funny attempts …
Netflix Is On A Hiring Spree For Big Europe Push
Netflix is staffing up for a big European push as soon as the second half of 2011. — Netflix CEO Reed Hastings said back in December that the company would consider expanding to Europe and Asia once...
Eric Schmidt Named Cannes' Media Person of the Year
Google executive chairman Eric Schmidt has been named Media Person of the Year by the Cannes Lions International Festival of Creativity and will be honored June 22 in the Palais des Festivals. — Eac...
Facebook looks at China, Zuckerberg packs bags
(Reuters) - Facebook CEO Mark Zuckerberg is planning to make his second visit to China as the world's No. 1 social networking company looks for the best way to expand into that country. — “Our compa...
LinkedIn IPO Shares Pop 84 Percent On First Trade, Opens With $7.8B Market Cap
This is a big day for professional social network LinkedIn, which was founded in 2003. After filing its S-1 with the SEC in January, the company has begin trading its shares, under the symbol LNKD, o...
Gartner Says 428 Million Mobile Communication Devices Sold Worldwide
Apple, Samsung and HTC Reported Strongest Results in an Increasingly Smartphone-Dominated Market — Worldwide mobile communication device sales …
Facebook's New Way to Combat Child Pornography
As online photo sharing has exploded so has, tragically, the distribution of child pornography. But while the rise of the Internet and digital cameras have revived a scourge that had nearly been elim...
Apple to support reps: “Do not attempt to remove malware”
Apple is actively conducting an internal investigation into the Mac Defender malware attack I wrote about yesterday (here and here). An internal document with a Last Modified date of Monday, May 16, ...
China Mobile's Four Million iPhone Users Still Waiting for Official Apple Deal
Five years after beginning talks with Apple, China Mobile, China's largest wireless phone operator, is still negotiating to add the iPhone to its smartphone lineup. It's been slow going, to be sure, ...
‘Like’ Button Follows Web Users
Internet users tap Facebook Inc.'s “Like” and Twitter Inc.'s “Tweet” buttons to share content with friends. But these tools also let their makers collect data about the websites people are visiting. ...
Apple's retail stores turn 10: Crow for sale
Apple's retail stores turn 10 and what looked like a boondoggle—and potentially a disaster in the making—has turned out to be one of the company's most brilliant moves. — On May 19, 2001 Apple opene...
Apple causes ‘religious’ reaction in brains of fans, say neuroscientists
In a recently screened BBC documentary, UK neuroscientists suggested that the brains of Apple devotees are stimulated by Apple imagery in the same way that the brains of religious people are stimulate...
Google warns against facial recognition database
Google's Executive Chairman Eric Schmidt has warned Governments against ‘foolish’ legislation - and said facial recognition is too creepy even for Google — Eric Schmidt: 'I am incredibly optimistic ...
Android grabs 53% of global smartphone market share; iOS 50% of application revenues
A new report published by Millennial Media paints a picture of the global smartphone landscape in April of 2011. The company found that Android continued its domination in pure market share, holding ...
Google to acquire Modu patents for $4.9 million
Google was recently granted permission to purchase a patent portfolio previously held by Modu, a now defunct Israeli cell phone maker that couldn't find a market for its minuscule mobile phones. Modu...
Khosla Ventures Is Raising, Like, A Billion Dollars
Venture capital firm Khosla Ventures is raising $1 billion for its new fund, Khosla Ventures IV, an SEC filing reveals. From the looks of it, the new fund will be roughly the same size as the previou...
Lawsuit claims AT&T overcharges iPhone data users up to 300%
A new lawsuit alleges AT&T is regularly overcharging iPhone and iPad customers for data usage, in some cases up to 300% more. — Lawyers for the lawsuit said they spent $80,000 testing devices in pre...
Yahoo! Messenger brings cross-platform video calling to iPad 2
Fans of the Yahoo! Messenger messaging platform can now enjoy video calling on iPad 2. The version 2.1 update, now available free from the App Store, is a universal binary that supports both the iPho...
Octopart, The Little Startup That Hung In There
Looking for a transistor or a relay? Or possibly an oscilloscope? More than likely you'll end up at Octopart, a vintage Y Combinator startup that launched in 2007. — The company is a search engine...
Bezos: Attempts To Collect State Sales Tax On Amazon Sales Is Unconstitutional
For quite some time now, we've covered how various states have tried to avoid laws that say mail order companies don't need to collect sales tax in states where they have no staff (while individuals a...
Samsung Galaxy Tab 10.1 pre-orders start at $499.99
Samsung's Galaxy Tab 10.1 Android Honeycomb tablet is now available for pre-order from J&R. The 16GB tablet is priced at $499.99 while the 32GB version will set you back an additional $100. Here's a ...
Google Rejects Skyhook's Allegations Over Phone-Location Service
Google Inc. rejected allegations that it undermined plans by Samsung Electronics Co. and the former Motorola Inc. to use a competing location-finding service on Android-based mobile phones.