Google faces Indian anti-trust probe
The Competition Commission of India said Monday it had launched an anti-trust probe into Google's online advertising practices, deepening the Internet giant's legal woes in the country.
Google-Oracle jury clashes on one point
Jurors in a high-stakes court battle between Google and Oracle told a judge on Friday that they were in unison regarding verdicts on all but one of the four copyright counts in the case.
Judge urges more deliberations in Android case
SAN FRANCISCO (Reuters) - A judge urged jurors to resume deliberating Oracle Corp's copyright claims against Google over the Android mobile platform, after they indicated there was unanimous agreement on all but one of the questions they must decide. "It's worth you going home over weekend," District Judge William Alsup told the jurors, adding that deliberations in the federal court in San Francisco should continue next week. Oracle sued Google in August 2010, saying Android infringes on its intellectual property rights to the Java programming language. ...
Verdict in Oracle-Google trial likely Monday
A federal jury in San Francisco is expected to deliver at least a partial verdict Monday in a copyright-infringement trial pitting Oracle against Google.
Facebook plans to raise $10.6 billion in mega IPO
SAN FRANCISCO (Reuters) - Facebook Inc aims to raise about $10.6 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's. The eight-year-old social network that began as Mark Zuckerberg's Harvard dorm room project indicated an initial public offering price range of between $28 and $35 a share on Thursday, yielding a valuation of $77 billion to $96 billion. The social networking phenomenon stands to raise as much as $12 billion at the upper end of that range. ...
Apple, Google could join Dow index: Barron’s
(Reuters) - The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies at the expense of old-industry stalwarts like Alcoa Inc, Barron's said on Sunday. The business weekly said the Dow has no timetable, but a new company or two could be added in the next year. The three most likely stocks to be replaced in the index are aluminum maker Alcoa, Bank of America and Hewlett-Packard, Barron's said in its latest edition. ...
S&P cuts Nokia rating to junk
HELSINKI (Reuters) - Standard & Poor's has cut its credit rating on Finnish cellphone maker Nokia to junk on expectations of lower sales, following a similar move by Fitch Ratings earlier this week. S&P said on Friday the decline in sales in Nokia's phone business this year could be similar to the 18 percent fall in 2011, and downgraded its rating to BB+ from BBB-. Nokia, once the world's dominant mobile phone provider, has lost out to Apple and Google in the smartphone business. Its shares were down 0.7 percent at 1210 GMT. ...
Why Cameron’s space plans flew but Gingrich’s flopped
Poor Newt Gingrich! The very same week the news broke that he plans to formally end his campaign for the presidency, the former House speaker got a second kick in the teeth when the Internet fell in love with an asteroid-mining plan put forward by James Cameron and the Google guys. The very same Internet that ridiculed Gingrich for his promise to build a permanent moon base by 2020.
Hubbub over content rights greets Google Drive
Google CEO Larry Page recently wrote that he hopes to show the company is "deserving of great love." But the Internet search leader may need to win more trust, based on the suspicions swirling around Google Drive, a new online storage service for personal documents, photos and other content.
Does Facebook’s Zuckerberg have too much power?
Google, LinkedIn, Zynga, and, coming soon, Facebook: four companies among the "new breed," where shareholders have effectively no rights other than the chance to ride along with the founders.
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