Cisco Sued, Accused of Helping Design China’s Great Firewall

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Following a lawsuit filed against Baidu by eight Chinese New York residents last week, there’s news this morning from The Wall Street Journal that Chinese Falun Gong practitioners have sued Cisco in US […] Related posts: Baidu Sued By Eight New York Residents Over Censorship Bloomberg is reporting this morning that Chinese search giant Baidu… Facebook Introduces New Profile Design …

Apple to Introduce Smaller, Cheaper iPhone?

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Apple is believed to be working on a smaller and cheaper iPhone, reported Bloomberg. The new iPhone plans to battle against Apple’s falling market share. In the last quarter, Google’s Android owned 32.9 […] Related posts: Nokia’s OVI Store is China’s Favorite Mobile App Store A study conducted by iResearch showed that Nokia’s OVI Store… Brothers In China Transform iPods …

Tencent set to Acquire U.S Company, Riot Games

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U.S based game maker, Riot Games announced through a blog post that Tencent Holdings, China’s Internet behemoth, has acquired a majority stake in the company. The price negotiated is believed to be more than $350 million, according to Bloomberg. The deal will be finalized within the next 30 days. Riot Games is the creator of […] No related posts.

How Twitter Killed a Film Star in India and later Apologized

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On Jan 10, 2011 , DNA India, the eighth largest Indian newspaper was at the receiving end of ferocious criticism from Indian twitterers from across the world. In an event which reminded many of the infamous Steve Jobs obituary circulated by Bloomberg , DNA Twitter handle sent a confirmation tweet on the demise of Shashi […] Related posts: “Twitter Lite” …

Singapore Loves Facebook

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Last year, 40 percent of Singaporeans were on Facebook. This year, the proportion of Singaporean Facebook users has increased. As of today, 48.9 percent of us are connected on the social networking site. The figure is derived by dividing the total number of Facebook users in Singapore (from Facebook ad platform) by the total population. […] Related posts: STATS: 40% …

Thanks to Our Data, Facebook likely to hit $2 Billion Sales This Year

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According to Bloomberg’s sources, Facebook could hit $2 billion in sales this year. With over 500 million active users and 700 billion display ads a year, this figure didn’t come as a surprise. If the figure were indeed true, that would mean that more than 60 percent of the world’s social networking spending is coming from Facebook. It […] Related posts: …

The Internet Search Engine War Goes On

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Today, Bloomberg reported that Ask.com has conceded its search business to its competitors. That means 130 engineers could go out of job (and we’re going to miss their work). It’s expensive to crawl and index the web and currently no one does it better than Google and Bing. Both companies apparently have the financial muscles and […] Related posts: China …

Google Considers Shelling Out $1 Billion for ITA Software

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Google is in talks to acquire airline IT and services provider ITA Software for the price of $1 billion. According to Bloomberg, it’s not a done deal yet, but several people familiar with the matter confirmed that negotiations between two companies are indeed happening. A billion is a big number, but Google’s treasure chest holds more than enough coin for …

Palm is For Sale

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Palm, the smartphone pioneer, is on the block. The company, which in recent years has been eclipsed by the iPhone (and to some extent by Google’s Android OS), failed to make much of a comeback with its most recent Pre and Pixi phones. Now Bloomberg reports the inevitable: Goldman Sachs and Qatalyst Partners have been tasked with finding a buyer …

Pete Cashmore Talks Twitter, Location and Mashable on Time.com [VIDEO]

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It seems that the question on everyone’s mind over at SXSW this year is: What will be the next Twitter? Well, as our own Pete Cashmore said the other day during an interview with Bloomberg, and during a recent interview with Time.com’s Dan Fletcher: It’s all about location. Twitter still remains a SXSW legend, even though some point to stats …