Oracle confronts Google’s Schmidt about Java
SAN FRANCISCO (Reuters) – Google’s former chief executive, Eric Schmidt, testified in court on Tuesday that he could not recall whether he was told in 2005 by people within his company that it had to pay for a license from Sun Microsystems to use the Java programming language.
Oracle sued Google in August 2010, saying Google’s Android mobile operating system infringes its copyrights and patents for the Java programming language. Google countered that it does not violate Oracle’s patents and that Oracle cannot copyright certain parts of Java, an “open-source,” or publicly available, software language.
Google to launch online storage service for consumers: source
SAN FRANCISCO (Reuters) – Google Inc is preparing to roll out a service to let consumers store photos and other content online, a source familiar with the matter said, pushing into a market now dominated by the likes of Dropbox and Box.
The service, to be called Google Drive, could be announced as soon as Tuesday and would be offered with both free and premium for-pay versions, the source said.
Facebook reveals revenue, profit slide ahead of IPO
SAN FRANCISCO, April 23 (Reuters) – Facebook Inc said its
revenue declined sequentially in the first quarter, the weakest
performance by the world’s largest social media network since at
least 2010.
Facebook, which is preparing for an initial public offering
that could value it at up to $100 billion, said spending roughly
doubled over the past 12 months, outpacing the 45 percent
revenue increase during the period.
Facebook pays Microsoft $550 million for AOL patents
SAN FRANCISCO (Reuters) – Facebook will pay Microsoft Corp $550 million in cash for hundreds of patents recently sold by AOL, the social networking company’s latest move to bulk up its intellectual property in the wake of a lawsuit filed by Yahoo.
The deal, shortly before Facebook is expected to have the largest initial public offering in Silicon Valley history, will give the social network 650 patents and patent applications, as well as a license to another 275 patents and applications owned by Microsoft.
Copious revamps social commerce service with a new twist
Pinterest has yet to provide many details about how it intends to make money from its fast-growing image-sharing social service.
But that’s not stopping others from trying to capitalize on the online service’s rich catalog of product images.
Google ex-CEO’s salary rises to $1.25 mln from $1
SAN FRANCISCO, April 20 (Reuters) – Google Inc’s
former chief executive Eric Schmidt received a bump in his
annual salary to $1.25 million from the $1 he received in the
previous year, after he became the executive chairman of the
company in April 2011.
Schmidt’s total compensation last year swelled to $101
million thanks to a previously announced equity award granted
when he ended a 10-year stint in the top job at Google,
according to a filing with the U.S. Securities and Exchange
Commission on Friday.
Google CEO says Android important, not critical
SAN FRANCISCO, April 18 (Reuters) – The Android smartphone
operating system is a very important asset for Google Inc
, but it is not critical, the company’s chief executive
officer said in courtroom testimony.
Google CEO Larry Page took the stand for a second day on
Wednesday in a high-stakes legal dispute with Oracle Corp
over smartphone technology.
Google’s Page says Android important, not critical
SAN FRANCISCO, April 18 (Reuters) – The Android smartphone
operating system is a very important asset for Google, but it is
not critical, Google’s chief executive said in courtroom
testimony.
Google CEO Larry Page took the stand for a second day on
Wednesday in a high-stakes legal dispute with Oracle over
smartphone technology.
Yahoo shows signs of life, Alibaba in the cards again
SAN FRANCISCO (Reuters) – Yahoo Inc reported an uptick in revenue that marked its first quarterly sales growth in three years, as new Chief Executive Scott Thompson outlined his plan to revamp the struggling Web company.
Citing moves to shut down dozens of underperforming online properties, while making online commerce and mobile products a bigger part of Yahoo’s business, Thompson described “the first steps” to regain market share from online rivals and revive the company’s growth.
Twitter to limit use of patents in lawsuits
SAN FRANCISCO (Reuters) – Twitter said on Tuesday that it would structure its patents so they could not be used for offensive litigation purposes without permission from the people who developed them.
Twitter said the move would give inventors more control over their creations and ensure its patents are not used to “impede the innovation of others,” the company said in a post on its official blog.


