Google has agreed to pay a $22.5m fine to settle Federal Trade Commission charges that it deceived users about tracking “cookies”, which it used to serve them targetted ads in the Safari browser.
The penalty, the same as expected when we reported its likelihood a month ago, represents a record sum for the FTC but a piddling amount for the search giant. Read more
It’s not all bad news for Research in Motion, the struggling Canadian maker of the BlackBerry family of smartphones and Playbook tablet.
A US district court judge struck down a $147.5m jury award against RIM, ruling that the BlackBerry maker did not infringe patents owned by Mformation Technologies. Read more
Reading this on the move? If so, the chances are you are using an Apple or a Samsung Electronics device. By the time you have finished (we give you 10 minutes), the two companies will have sold almost 5,000 smartphones. Everyone knows about Apple. The iPhone has been flying off the shelves since 2007. But it is currently being outsold by Samsung. Of every five smartphones sold by the two companies, three will be a Samsung. Most impressively, South Korea’s largest company only began to gain traction in this market in 2010.
Continue Reading: Lex in depth: Samsung Read more
Zynga has announced the resignation of John Schappert, its Chief Operating Officer (pictured left as his Zynga character), in a sign that the social gaming company is wrestling to recover from its poor financial performance.
Mr Schappert quit on Wednesday, with the company stating in an SEC filing that his resignation was not because of any disagreement over Zynga’s operations, policies or practices. Read more