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How much do the Internet giants really know about you?

To briefly state the obvious, the internet giants are seriously big: Google is not only the world’s largest search engine, it’s one of the top three email providers, a social network, and owner of the Blogger platform and the world’s largest video site, YouTube. Facebook has the social contacts, messages,…

Sen. Schumer wants probe of Apple, Android privacy policies

NEW YORK (Reuters) – A U.S. senator has urged the Federal Trade Commission to investigate reports that applications on the Apple Inc and Google Inc mobile systems steal private photos and contacts and post them online without consent. Democrat Charles Schumer’s request comes after iPhone maker Apple tweaked its privacy…

Twitter lashes out at Google search changes

SAN FRANCISCO (Reuters) – Twitter lashed out at changes Google Inc unveiled for its search engine on Tuesday, describing the changes as “bad” for consumers and for Web publishers. Twitter, a microblogging service which allows its users to broadcast short, 140-character messages to groups of “followers,” said Google’s changes would…

Google takes another shot at the TV market

SAN FRANCISCO (Reuters) – Google Inc is making another push to bring its Web savvy to television sets, hoping to tap into a vast new market despite consumers’ lukewarm reaction to one of its initial offerings. The Internet search engine unveiled a revamped version of its Google TV service and…

Kindle Fire may drive down price of Android tablet

SEOUL (Reuters) – Asian technology companies came under pressure on Thursday to slash prices of their tablet computers after Amazon.com launched its Kindle Fire at a mass market-friendly $199. From Samsung Electronics to Sony Corp, major Asian tablet makers have ambitious plans to take on Apple, whose iPad is the…

Facebook doubles first-half revenue

SAN FRANCISCO (Reuters) – Facebook’s revenue doubled to $1.6 billion in 2011′s first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc. Net income in the first half of 2011 came to…

Google to buy Motorola Mobility for $12.5 billion

BANGALORE (Reuters) – Google Inc said it will buy Motorola Mobility Holdings Inc for about $12.5 billion in cash. The $40 a share offer is at a 63 percent premium to Motorola Mobility’s Friday close on the New York Stock Exchange. (Reporting by Sayantani Ghosh in Bangalore; Editing by Saumyadeb…

South Korea fines Apple $2,855 over location data

SEOUL (Reuters) – Apple Inc’s South Korean unit has been fined 3 million won ($2,855) by the country’s communications regulator after the iPhone and iPad maker collected location data from users without proper authorization. The fine, though small, marks the first time Apple has been punished by a regulator over…

Google is in the FTC’s “regulatory crosshairs,” may be investigated for anti-trust

WASHINGTON (Reuters) - U.S. antitrust regulators may investigate Google Inc’s dominance of the Web search industry, and will settle on the agency to launch a probe once scrutiny into the company’s plan to buy ITA software is done, a source told Reuters on Tuesday. The Federal Trade Commissionand Justice Department will decide which has…

Facebook to buy mobile app developer Snaptu

NEW YORK – Facebook has agreed to buy Snaptu, an application developer for mobile devices that are less sophisticated than smartphones, as the world’s largest Internet social network focuses on expanding its mobile services. Facebook will pay up to $70 million for the London-based Snaptu, according to the Israeli newspapers…

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