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Based on input from sources close to the situation, the Wall Street Journal reported that social networking giant Facebook is preparing to launch its initial public offering (IPO) in May. Media reports indicate that it will be the largest U.S. Internet offering. A source close to the matter told WSJ that the company has stopped trading its shares on the secondary market this week, as it is in the process of determining the shareholder count. As per the WSJ report, the social networking giant filed for an IPO in early February. With Microsoft and Motorola Mobility entering the final stages of a lawsuit over patent infringement, decisions that will affect the fates of both companies are currently in the pipeline. Microsoft, out to keep its products available, has just put up a $300 million bond to make sure their products remain available. Sponsored By: Panasonic SIP Corded and Cordless Phone Systems Thanks to Panasonic, there are now a variety of SIP phone options designed specifically to meet the needs of small and mid-sized businesses. Customers can choose from cordless and and corded lineups, the latter of which just added its newest model, the KX-UT670, Panasonic's Smart Desk Phone. Panasonic is making a big splash in the SIP market. Last year, Panasonic's SIP UT Series was named Best-of-Show in the Open Source Category at ITEXPO West 2011. Introducing Panasonic's SIP phones - the perfect communications tool for businesses or home offices. http://sip-phones.tmcnet.com/
Yahoo announced today it plans to integrate a 'Do Not Track' mechanism for users worldwide starting early this summer. Concerns about online privacy by consumers are the driving forces behind the new feature. Foxconn, a Taiwan-based manufacturer of Apple products, has fallen into a mess of criticism and dragged Apple with it. Proview is a small company that has been driving a thorn into Apple's side over some trademark issues. Apple executive Tim Cook will need to think hard and act incisively if they want to continue trade relations China. To give the government new regulatory powers to protect the United States against cyber attacks, a top Federal Communications Commission (FCC) official has endorsed the Cybersecurity Act, a bill authored by Senators Joe Lieberman (I-Conn.) and Susan Collins (R-Maine). According to a post on The Hill's technology blog Hillicon Valley, James Barnett, chief of the FCC's Public Safety and Homeland Security Bureau, said during a hearing of the House Energy and Commerce subcommittee on Communications and Technology that "he supports the regulatory provisions of the Cybersecurity Act." A woman in Taiwan ended her own life on her 31st birthday while chatting on Facebook and none of her friends contacted the police. The European Union (EU) has agreed to set up the new European Cybercrime, whose main focus will be illegal online activities by organized crime groups. In the wake of various hacks from groups like Anonymous and LulzSec, this new center has its sights set on large criminal profits, such as online fraud involving credit cards and sensitive bank information. Apple is doling out refunds to purchasers of the iPad in Australia, as customers felt misled over some advertising in regards to the 4G bit.
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