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Facebook is now officially a public company, scads of new millionaires are on a Silicon Valley spending spree, and media outlets near and far have yet to pipe down about the IPO, likely one of the most anticipated in history.

But is the long-term viability and success of Facebook a slam dunk?  You’d think so, considering 900 million people on the planet use the social network now valued at nearly $105 billion.

Not everybody thinks so.

The Telegraph’s Michael Deacon says he was once addicted to Facebook but now thinks its users hardly have anything to say on it compared with Twitter, [...] Continue Reading…

This probably isn’t how Facebook envisioned its initial public offering would roll out.

The first hours of the social networking company’s IPO got off to a shaky start yesterday with the share price wavering around the $40 mark, never gaining the astronomical momentum that had been anticipated by many. The stock closed in its first day of trading at $38.23, 23 cents above its initial share price.

“It’s certainly not flying to unprecedented levels,” said Zeus Kerravala, an analyst with ZK Research. “This underscores the thesis that many investors are taking a wait-and-see approach.”

He added that while many people may be [...] Continue Reading…

Two technology titans who have been grappling in courts around the world will be meeting face to face Monday to see if they can settle their differences and concentrate on what they do best: creating great consumer electronics products.

Apple CEO Tim Cook and Samsung Major Domo Gee-Sung Choi are scheduled to meet in San Francisco to engage in two days of discussions about claims and counterclaims made in lawsuits filed in the United States in which each company maintains its intellectual property has been infringed by the other.

The meeting between the two CEOs isn’t a voluntary one. It was [...] Continue Reading…

In the latest move in a complex series of patent-related cases, Apple filed a motion in a U.S. district court late Friday to ban Samsung Electronics’ Galaxy Tab 10.1 in the U.S.
The Apple filing came in the wake of an appeals court ruling earlier in the week that sided with Apple on the validity of an iPad design patent. Meanwhile, Apple and Samsung are scheduled to go into court-mandated settlement negotiations, set for May 21 and May 22, so the injunction is not likely to be granted over the next few days.
The motion for a preliminary injunction against the [...] Continue Reading…

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If you’re a Verizon customer upset that your next smartphone contract won’t include unlimited data, Sprint would like to remind you that you have an alternative.

RELATED: AT&T ups “unlimited” 3G throttling cap to 3GB

MORE ON DATA CAPS: Comcast to ditch flat 250GB data cap for tiered service approach

Verizon CFO Fran Shammo this week announced that it would not be grandfathering customers with unlimited data contracts into its new LTE services and would instead be pushing users to utilize shared data plans that would give them capped access to Verizon’s LTE network on multiple devices.

Shortly after Shammo described Verizon’s plans, [...] Continue Reading…

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Hybrid processors that include two or more types of core now account for half of the $111 billion processor market, driven by growth in smartphones and tablets, according to new research by IMS Research.

The most common type of hybrid processors combine a central processing unit (CPU) and a graphics processing unit (GPU). These processors are particularly suited to use in smartphones and tablets, which need to deliver high performance and HD graphics from within a compact form factor.

AMD and Intel have been developing hybrid processors to compete for PC market share since 2010, but a number of mobile processor [...] Continue Reading…