Ceglia’s lawyers quit Facebook case

Tech news from around the web:

Lawyers for Paul Ceglia, who is claiming he is entitled to half of Mark Zuckerberg’s multibillion-dollar stake in Faceboo,k have quit, according to the Los Angeles Times. DLA Piper confirmed in a statement that it withdrew from the case. Mr Ceglia’s new consel is San Diego’s Jeffrey Lake.

The 10-inch version of RIM’s Playbook tablet computer looks set to have been given the axe, says Engadget. The project is said to have been scrapped to focus on a new smartphone based on RIM’s QNX operating platform , Engadget reports.

Mobile payments start-up Square has just closed a $100m round of fundraising, valuing the company at above $1bn, TechCrunch reports. Mary Meeker, the former Morgan Stanley internet analyst will join Vinod Khosla and Larry Summers on the board of the company which produces credit card readers that plug into mobile phones.

From the FT:

News Corp set to keep stake in MySpace

Google takes on Facebook with social networking

Zynga set to rival networking peers with $2bn IPO

 

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Richard Waters, Chris Nuttall and April Dembosky in the FT's San Francisco bureau share their views - plus tech insights from Tim Bradshaw and Maija Palmer in London and Robin Kwong in Taipei.



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