New Delhi: In view of the Supreme Court judgement that cancelled 122 licences in the 2G spectrum allocation scam, GSM industry body COAI on Thursday expressed concerns over large investments made in the sector and said it will work with government to protect interest of consumers. "The COAI respects the Supreme Court's decision as we have always stood by the principle ...Read More

Mr Hirai, who currently heads up Sony's core consumer products business, will attempt to return the company to profit when he takes up the role in April. The Japanese giant has seen consumers of its gadgets increasingly turn to rival offerings from competitors such as Apple. It has also been hit by a strong yen, which has hampered the competitiveness of its exports, as well as ...Read More

San Francisco: Groupon Inc shares jumped to their highest level of 2012 Thursday as the daily deal company got a boost from social networking euphoria sparked by Facebook’s IPO filing. Facebook filed to raise about $5 billion Wednesday in what would be the largest Internet IPO ever. A possible valuation of $75 billion to $100 billion for the world’s largest ...Read More

San Fransisco: Google Inc has been quietly policing its online store for months now in an acknowledgement of malware’s growing threat to its increasingly popular Android mobile software. The new sheriff in town is Bouncer: a security service Google put in place to scan new apps as developers load them onto Market, its applications store. Bouncer sweeps apps for potentially malicious behavior and also analyzes new developer ...Read More

Nearly 70 million subscribers may have to change their operators as a result of the Supreme Court's ruling to cancel licences. But thanks to Mobile Number Portability the change over may not be that tough. The Telecom Regulatory Authority of India said there will not be much impact on customers as around 95 per cent subscribers belong to operators ...Read More

Eight years ago this month Facebook launched in a Harvard bedroom. Now on the brink of a stock market flotation, the site has more than its birthdate to celebrate. With more than 800 million users there are only six international markets where Facebook is not the leading social network, according to Comscore, the digital audience analysis firm. But there is no simple answer ...Read More

New Delhi: All 21 websites, including Google and Facebook, summoned earlier by a magisterial court, are liable to face prosecution for being privy to the hosting of inflammatory contents on their webpages, the Delhi High Court was told today. The counsel for one Vinay Rai, who had moved the trial court for prosecution of various websites, including social networking ...Read More

BMW and Mercedes-Benz are in a continuous fight over the first place in selling luxury cars. It seems that BMW couldn’t keep track with Mercedes’ sales of 20,306 vehicles in the first month of 2012. The company owes the first place to its new 2012 Mercedes-Benz C-Class. BMW’s sales rose 3.1% to 16,405 last month in the States, ...Read More

PARIS — A French commercial court has found Google guilty of abusing the dominant position of its Google Maps application and ordered it to pay a fine and damages to a French mapping company. In a ruling Tuesday, the Paris court upheld an unfair competition complaint lodged by Bottin Cartographes against Google France and its parent company Google Inc. for providing free web mapping services to ...Read More

Reporting from Los Angeles and New York— Facebook Inc. has opened its books to eager investors, but some don't like what they see. Profit margins have been shrinking. Costs have been rising. And the stock structure means that founder Mark Zuckerberg controls 57% of the voting shares, giving him near-dictatorial power over the company's future. Other potential problems: ...Read More