30th May2011

PayPal Sues Google, Accusing It Of Swiping Trade Secrets, Poaching Employees

by iSpit

 PayPal Inc. is suing Google and two of its executives — accusing them of stealing trade secrets and poaching employees — in a move that ups the stakes as the two companies vie for a piece of the fast-growing mobile payments market.

The suit, filed in a Santa Clara County federal court, came hours after Google unveiled a new service, called Google Wallet, that will allow consumers to pay by simply tapping their smart phones at the checkout counter.

PayPal and its parent company, Ebay Inc., accuse two former employees, Osama Bedier and Stephanie Tilenius, of swiping valuable intellectual property related to mobile payment technology when they left to go to work for Google.

Bedier was formerly PayPal’s vice president of platform, mobile and new ventures before Google hired him earlier this year as its new vice president of mobile payments. Tilenius, now Google’s vice president of commerce, headed various sections of EBay until 2009.

Bedier, the suit alleges, “misappropriated PayPal trade secrets by disclosing them within Google and to major (more…)

28th Mar2011

Microsoft’s Paul Allen Sues Apple, Facebook, Google, Aol, Ebay, Youtube, Netflix, Yahoo, Office Max & Staples

by iSpit

Seattle Times

Earlier in December, co-founder of Microsoft Paul Allen decided that it would be a good idea to sue Apple, Google, Facebook, eBay, AOL, Netflix, Yahoo, Google’s YouTube, OfficeMax, Office Depot and Staples for violation of one of his patents. The patent in question relates to software that brings up information on related content to a search query or whatever you may happen to be looking at, whether it be an album in iTunes or a potential purchase on a website. The suit was thrown out on December 10 on account of it being “too vague” and Allen was given until December 28 to cut out the ambiguity and amend his case. So December 28 rolls around and guess what Paul Allen does. That’s right, he comes back with a new case. We’ll be watching this case with bated breath, and while Allen’s case is pretty much him throwing things against the wall and seeing what’ll stick, if he wins the payout will be rather large — think (more…)

27th Mar2011

Google, Microsoft, eBay, Yahoo And Facebook Trash AT&T-Mobile Deal

by iSpit

With the fate of the $39 billion acquisition of T-Mobile by AT&T in Washington’s hands, all the big tech players are moving their pawns. And now the Computer & Communications Industry Association, a trade group that includes Google, Microsoft, eBay, Yahoo and Facebook, has come out against the deal.

The argument is what’s to be expected: this merger will be bad for competition, and therefore bad for innovation and consumers. Regardless of the merits, what’s going on here is that the companies in the “application layer” of the web don’t want the companies who own the pipes, whether they’re mobile or internet, to gain too much power.

28th Feb2011

JPMorgan Raises $1.2 Billion To Invest In Twitter And Facebook

by iSpit

Well, that didn’t take long. JP Morgan has officially raised $1.2 billion for a digital growth fund, which will invest in late-stage tech startups.

That’s about double the amount that the fund was previously reported to be raising. It’s not clear whether the previously reported amount was wrong or whether JP Morgan raised more than they’d previously intended. Also unclear is whether that fund will invest like a late-stage venture firm/private equity fund and directly invest and take board seats, or whether they’ll invest through secondary markets.

One thing is for sure: there’s an extra billion out there for hot big tech companies.

(Via WSJ)

22nd Feb2011

IToldYouSo: How Law Enforcement (The Alphabet Boys) Get Your Information From Social Media

by iSpit

This month, we were reminded how important it is that social media companies do what they can to protect the sensitive data they hold from the prying eyes of the government. As many news outlets have reported, the US Department of Justice recently obtained a court order for records from Twitter on several of its users related to the WikiLeaks disclosures. Instead of just turning over this information, Twitter “beta-tested a spine” and notified its users of the court order, thus giving them the opportunity to challenge it in court.

We have been investigating how the government seeks information from social networking sites such as Twitter and how the sites respond to these requests in our ongoing social networking Freedom of Information Act (FOIA) request, filed with the help of UC Berkeley’s Samuelson Law, Technology & Public Policy Clinic. As part of our request to the Department of Justice and other federal agencies, we asked for copies of the guides the sites themselves send out to law enforcement explaining how agents can obtain information about a site’s users and what kinds of information are available. The information we got back enabled us to make an unprecedented comparison of these critical documents, as most of the information was not available publicly before now.

We received copies of guides from 13 companies, including Facebook, MySpace, AOL, eBay, Ning, Tagged, Craigslist and others, and for some of the companies we received several versions of the guide. We have combed through the data in these guides and, with the Samuelson Clinic’s help, organized it into a comprehensive spreadsheet (in .xls and .pdf) that compares how the companies handle requests for user information such as contact information, photos, IP logs (more…)

07th Jun2010

File-Sharing Pioneers Now Selling Music

by iSpit

In the music business, they would call it a comeback.

Almost a decade ago, Niklas Zennstrom and Janus Friis, European technology entrepreneurs, unleashed the Napster-like file-sharing program Kazaa on the Web, allowing millions of users3 bll to freely download songs, movies and TV shows.

Kazaa was sued by record companies and Hollywood studios and settled the litigation for tens of millions of dollars, just as the pair sold their next company, Skype, to eBay for more than $3 billion.

Now Mr. Zennstrom and Mr. Friis are returning to their musical roots.

Their new start-up, Rdio, will unveil itself on Thursday amid what is suddenly becoming a crowded market for Internet music services, a field still largely dominated by iTunes from Apple.

(more…)

10th Nov2009

Travel: Google Gifts Free Wifi for 47 Airports

by Starboxx

http://iamnotarapperispit.com/wp-content/uploads/2010/11/wifi.jpg

Beginning today Tuesday November 10, 2009, Google will be paying the remaining Wifi bill this year for 47 air ports nation wide. This includes airports in Miami and Orlando, 2 out of 30 busiest airports, as well as five others in Florida. Travelers through smaller airports, such as Montana’s Billings and Bozeman, will also benefit.

“This is one of our holiday gifts to our users, and when you connect, we also hope you’ll take the opportunity to try some of the latest Google products.”, the company said in a statement.

(more…)

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