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VentureBeat: “Facebook CEO Mark Zuckerberg just announced Facebook is acquiring Instagram. The photo-sharing startup recently passed 30 million members. Particularly since picking up a slew of new users with its Android app launch, Instagram has become one of the most important for taking and sharing photos on mobile devices, so it makes perfect sense that Facebook would want the company.” . . . → Read More:  A year after launching a controversial pay wall, The New York Times revealed Tuesday that it has nearly half a million paying subscribers for its flagship paper. The company also said it will make it harder for people to read web publications without paying up. Link Zynga Inc is launching a new games service that allows users to play on the company’s website instead of Facebook, potentially driving traffic away from the world’s No. 1 social network that is its biggest partner. The service is the online game company’s boldest move yet to create a presence outside of Facebook, where it makes 93 . . . → Read More: VentureBeat: “Facebook is soon to have 14 percent of the world’s population all to itself. A new study says the social network will hit one billion users this year. Gregory Lyons, a senior analyst at digital marketing firm iCrossing, ran the numbers based on Facebook’s past growth and found that Facebook will probably hit the milestone in August 2012. . . . → Read More: Reuters: “Oracle Corp on Thursday estimated it suffered roughly $1.16 billion of damages from Google Inc’s alleged copyright and patent infringement of Java technology used in the Android operating system.” Link PCMag.com: “According to a study from the University of Maryland’s Robert H. Smith School of Business, the Facebook App Economy created 182,000 jobs and contributed between $12 and $15 billion to the economy this year.” Link on September 6th, 2011
 Blackberry
FT: “Jaguar Financial, a small Canadian merchant bank with about $12m under management, has called on the smartphone company’s board to wrest power from Mike Lazaridis and Jim Balsillie, RIM’s co-chief executives. The activist investor said RIM should replace the co-chiefs with as many as five of its independent board members charged with exploring options to . . . → Read More: International Business Times: “Researchers at IBM are collaborating with the U.S. Defense Advanced Research Projects Agency for the Phase 2 of the much- speculated cognitive computing project called SyNAPSE. The agency has awarded approximately $21 million for the funding of the next phase of the Systems of Neuromorphic Adaptive Plastic Scalable Electronics project, which aims to create computing systems that emulate . . . → Read More: |
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