Tech wrap: Clash of tech titans looming?
Apple Inc’s increasingly effective patent war against rivals like Samsung Electronics may mask its real target: arch-foe Google Inc. Poornima Gupta writes: “Recent success in blocking sales of Samsung’s latest Galaxy tablet in most of Europe and Apple’s challenges to the Korean giant in Australia reflect an aggressive effort to defend its top position in the red-hot mobile market from the runaway success of Android.”
AOL said on Thursday it would buy back $250 million of its stock, a move presumably intended to boost confidence in the shares, which fell 32 percent in two days. AOL has been in a turnaround mode since it was spun off from Time Warner in December 2009 after one of the most disastrous mergers in recent times.
Zynga, which has filed for an initial public offering of up to $1 billion, revealed it draws fewer paid players than expected in a regulatory filing on Thursday.
Most communication experts say that politicians, businesses and governments need to learn to use social media to shape the narrative themselves. And they need to learn fast, reports Peter Apps.
For people suffering social media overload, the New York Times has an alarming stat: “…one in every four-and-a-half minutes spent on the Web is spent on a social networking site or blog.”