Microsoft announced an update of its Windows phone software, code-named Mango, hoping a host of new features will help it close the gap on smartphone leaders Google and Apple. The update involves 500 new features, including IE 9 as the mobile browser, integrated Twitter and LinkedIn feeds, automated Facebook check-ins, and access to more than 17,000 downloadable applications.
LinkedIn made its remarkable debut on the New York Stock Exchange, at times trading more than 171 percent above its IPO price of $45. The stampede to buy the stock had some remembering back to another time when investors also loved tech stock IPOs: the 1990s and the dotcom bubble.
Google, in a new bid to diversify its way out of an overwhelming dependence on search ad revenue, has once again taken aim at a giant in another industry. Having disrupted the disruptor that is Apple in the smartphone arena, Google is now challenging Microsoft’s 800-pound-gorilla status in the enterprise market.
Facebook admitted to hiring PR firm Burson-Marsteller to plant negative stories about Google, The Daily Beast reported. Burson urged journalists to investigate claims that Google was invading people’s privacy and offered to help privacy advocate Christopher Soghoian write an op-ed on the matter for national newspapers. The plot backfired when Soghoian rejected Burson’s offer and posted online an email exchange between them.
Google took the wraps off two Chromebook laptop PCs after nearly two years of delays and touts of its Chrome operating system as an alternative to Microsoft Windows. Samsung and Acer laptops using Chrome OS will go on sale June 15, as the world’s No. 1 Internet search engine tries to entice people to do more on the Web. As with Android, Chrome software will be free, but is expected to spur people to use the Internet more often and search for more things, potentially boosting Google’s Internet ads business.
Microsoft’s move to buy money-losing Internet phone service Skype for $8.5 billion was immediately skewered by critics and investors, who questioned the logic of the deal and suggested the software giant is paying far too much. The price is about double the expected value of Skype if it had gone ahead with its planned IPO.
LinkedIn, the social site for business professionals which attracts professionals and job seekers with 100 million worldwide members, is hoping to cash in with a public debut valuing the company at more than $3 billion.
Facebook and Google are separately considering a tie-up with Skype after the Web video conferencing service delayed its initial public offering, two sources with direct knowledge of the discussions told Reuters. A Skype deal could be valued at $3 billion to $4 billion, the first source said. The discussions are in early stages, and it is not clear which option the companies favor, the first two sources said.