Apple’s stock dropped by 6.4 percent Wednesday to $538.79 — the highest drop since the height of the great recession in 2008 — erasing nearly $35-billion from the company’s market value. While the stock’s price only took a $37 tumble, Wednesday’s market cap loss is more than the entire market cap of Hewlett Packard or Dell. [...]

In a move that will increase short-term revenue but perhaps open the door to competitors, Facebook has decided to limit display of Instagram images in Twitter feeds. Users will now have to click through to the Instagram website to view images. The previous system, called Twitter Cards, allowed content from certain photo and video services [...]

Mark Zuckerberg must love democracy – Facebook democracy, that is. It’s true that, due to consistent outcry over sweeping changes to the user agreement, Facebook has put its latest batch of proposed changes to its privacy policy up for a vote by users. It’s also true that this move could lead to an outright rejection [...]

Much to the chagrin of RIM’s management, who have watched the stock rally around a number of positive Blackberry 10 announcements, a financial analyst with Canaccord Genuity has downgraded the company’s shares to a “sell”. Analyst Michael Walkley wrote in a note to clients Monday morning that his firm does not believe BB10 will return [...]

No clear successor has emerged to replace Intel’s CEO, Paul Otellini, who has announced his intention to retire in May. Mr. Otellini did not give a definite reason for his retirement — opting to say it was time to “transfer Intel’s helm to a new generation of leadership” — though at 62 he is nearing [...]

The takeaway from HP’s quarterly posting of a mega-loss of $8.9 billion is that the company is “still in a turnaround”, according to CEO Meg Whitman. Ms. Whitman, the company’s sixth CEO in seven years, told investors and analysts on a conference call, “During the quarter we took important steps to focus on strategic priorities, [...]

The 50 hours of testimony and exhibits of Apple v. Samsung — which will have ramifications as significant as United States v. Microsoft — wrapped up yesterday with closing arguments from both sides moving the case to jury for deliberation. As Apple’s lawyer, Harold McElhinny, argued in his closing statements, the case’s genesis is in [...]

As Apple v. Samsung is scheduled to head to closing arguments Tuesday, at least two people of note believe that the case may be resolved by an out out court settlement negotiated by the companies’ CEOs. A source that spoke to Bloomberg said that Samsung’s CEO was scheduled to speak with the CEO of Apple [...]

Apple rested its case against Samsung in the multi-billion dollar Apple v. Samsung trial Monday, but not until Samsung was able to obtain a minor victory from the court. Presiding Judge Lucy Koh ruled that three of Samsung’s allegedly patent-infringing phones were to be excluded from the trial: the Galaxy Ace, Galaxy S i9000, and [...]

This week RIM received some much needed good news when a California judge ruled to dismiss a $147-million patent infringement suit against the company on Thursday. The case began in 2008, when Mformation Technologies took RIM to court over allegations that RIM had infringed upon a patent it owns for a that was apparently used [...]