Google and the government have a very sketchy relationship. They recently received a
$25,000 fine for the StreetView debacle, plus the impending anti-trust case, but that isn't their only current problem. They have also been under investigation over a violation of Internet privacy, overriding security settings on Apple's Safari web browser, and this fine won't be a slap on the wrist.
The issue revolves around Google planting cookies on the users computer, which allowed Google to bypass Safari's privacy settings. The cookies allowed Google to target ads to users on all platforms using Safari, including desktops, laptops, iPads and iPhones. As with the StreetView issue, they claimed it was an accident and that they removed the files. According to an anonymous source familiar with the issue, Google and the FTC are currently in discussions over the size of the fine for this breach of public trust. The numbers are currently topping out in the $10 million range.
Why is this breach of privacy going to cost so much more than the last? Hit the break for the details.
Sprint's 2012 has not quite been what they had hoped it would be, with the
termination of the LightSquared deal and having to dump piles of cash into Clearwire to keep their current 4G network alive. They have also had trouble in recent years with their government contracts - there was once a time when every government agent had a Nextel phone, but with the antique nature of the network, that has not lasted. This week, Sprint announced a partnership that will help with both of these situations.
The Western States Contracting Alliance (WSCA), a combination of 15 states who have pooled their purchasing power to get better rates for services, has signed a 4 year, $2 billion deal with Sprint to provide wireless services to healthcare, education, safety, utilities and non-profits across those 15 states. This deal marks one of Sprint's largest deals of the year, something they certainly need with all of the partner problems they have had.
Why did they choose Sprint and what does this mean for the company? Find out after the break.
Normally, before a company will start an initial public offering (IPO) they will go into a dark room and lock themselves in for a very long time. This is prevent statements intended to influence potential investors and valuation changes, as it is difficult for investors to hit a moving target.
Facebook's rumored IPO felt like it was going to happen any time now but then the company went ahead and purchased Instagram for $1 billion and then right after that spent $550 million on patents from Microsoft. You'd think they would have to take some time after these major purchases and restructure their offering.
Not Facebook. Reports have been flying all over the Internet this week that the company might be starting its rounds to investors as early as next week and will be scheduling their IPO around May 16th.
FCC's suspension of the waiver granted to LightSquared to deploy their own, privately funded 4G LTE Advanced network has led to an interesting turn of events in the tech world. LightSquared has since responded to the FCC, claiming the FCC has violates LightSquared's rights. Because of the suspension, Sprint had to look elsewhere for their 4G LTE network and has dumped truckloads of cash into Clearwire, who might have been their next option, only for the company to lose money in Q1 and Sprint had decided to build their own network anyway. Like I said, an interesting time it has been.
Now, Philip Falcone, CEO of LightSquared's top investor, Harbinger Capital, may end up resigning as the public head of the company.
With the launch of the upcoming
Wii U, Nintendo is hoping that this will help them recover from a couple of bad months of lackluster sales and 3DS price drops. However, bad news is still looming for Nintendo as they move into the E3 that will either make or break the company.
This week, for the first time in the history of Nintendo, they posted a net loss of $533 million. Wii sales haven't been very high as of late and has also caused them to post an operating loss of $460 million. This is very disheartening to learn about, as this is the same company that brought us the coveted
Mario and Zelda franchises that we all know and love.
Has Nintendo seen its hey-day finally fade into the 8-bit darkness from which it emerged?
Would you like a way to stream your music across any device you may have, whether it be Windows 8, Android or iOS? Would it be even better if I told you Microsoft may have something in the works? If you thought this might be something we'd see in the next few years, you will be pleasantly surprised with the news coming out of the Microsoft camp this week.
Microsoft is reported to be showcasing a new music platform at E3 next month in LA. Taking on the codename of "Woodstock," we are told that the service will take on the Xbox branding, much like
the Zune rebranding we saw a few months ago. The great thing is that the publication The Verge has been told that the service will be able to stream across devices that are running on Windows 8, iOS or even Android and we will see the new music service heavily involved with Facebook and won't need any plug-ins to work.