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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…

Lawsuit accuses Google of stealing trade secrets

NEW YORK, Feb 14 (Reuters Legal) – Technology communications company VoIP Inc sued Google Inc. in New York Supreme Court on Monday, accusing the Internet giant of stealing its trade secrets related to online voice technology. The litigation stems from a September 2005 contract in which, according to the complaint,…

UK: Google was in ‘significant breach’ of data law

British authorities say Google breached UK data law, announce audit of company’s practices Google violated Britain’s data protection laws when its Street View mapping service recorded data from private wireless networks, the country’s information commissioner said Wednesday. The American Internet search giant will escape any fines, however, so long as…

Watch out: YouTube exposes your Gmail contacts

‘Indicative of the media’s inclination to monetize every last bit of our information,’ advocate says Before you call your spouse over to see the newest cute kitten video on YouTube, you had better check twice to make sure no indiscretions will be exposed on your YouTube homepage. As part of…

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