Tech Central

Apple Approved As Bidder in Nortel Patents Deal

Green signal has been given to Apple for the plan they had in mind about the bid for wireless technology patents. They are to buy these patents from the Canadian Firm Nortel, which is reportedly bankrupt. There is going to be an auction for the selling of the patents and rights of the firm.

It was reported in the Wall Street journal that the firm can now be accepted as a qualified bidder after passing the various standard checks for the same.

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New Application by Facebook

There has been an announcement made that there shall soon be the launch of the Facebook application for the iPad. Facebook is a site people of all ages are hooked onto at this time and it has apparently worked out a free iPad application. It is currently in the final stages for testing its authenticity.

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Pandora rewrites the success story written by LinkedIn Corporation

In spite of the stagnant position of the share market, Pandora Media’s Initial Public Offering was successful in grabbing the attention of the investors this Wednesday. The internet radio station’s shares went up by an almost 63% in its first day in the market though the value of the shares went down towards the end of the say.

The stock closed at a mark of $17.42 which according to experts is still a respectable profit is considering the huge margin by which the entire market is going down.

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Pandora Media Prices IPO At $16 Per Share

Pandora Media, an online music service is offering its IPO at $16 with 14.7 million shares. Initially it was decided to put the target price between $10 $12 but later on $16 was decided.

BTIG analyst Richard Greenfield recommended to investors to stay away from this IPO on Friday. He also said that Pandora is easy to use, free to access, works across a growing array of platforms in/out-of-home and has a de minimis amount of advertising compared to terrestrial radio.

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Google’s Bid for Nortel Patents Approved but DOJ Still in Talks With Apple

Google's bid of $900 million for 6,000 Nortel patents and patent applications has been approved by the Justice Department's antitrust authorities.

According to the reports revealed by the Wall Street Journal today, in context to same, The U. S. Department of Justice has also concluded an antitrust investigation to be run into Google's bid as a bankrupt telecommunications company wouldn't be anticompetitive, whereas on the other hand, talks are still ongoing with Apple and Research in Motion over the potential bids.

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Android Fragmentation Problem Solved to a Major Extent

Piper Jaffray's WWDC Developer Survey’s Summary is released on Monday, which revealed about the new survey of attendees that was announced about at Apple’s annual Worldwide Developers Conference.

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Feds in Trouble Again

Reports revealed that LulzSec targeted many gaming companies like Minecraft and Eve Online. On the other hand, an anonymous has vowed that he would be targeting the Federal Reserve Chairperson, Ben Bernanke.

Hacker group LulzSec claimed that it took the website for CCP Games’ EVE Online as well as Minecraft and Escapist Magazine.

The group also targeted network monitoring firm FinFisher "because apparently they sell monitoring software to the government or some s**t like that", LulzSec tweeted.

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Routine Update for Apple’s AirPort Utility Application

According to the new report, it was revealed that Apple’s Airport Utility application has the references of the 4th generation Time Capsule and 5th generation AirPort Extreme devices.

MacRumours and 9to5 Mac have confirmed that the software updates contained references to the fourth-fifth generation of Time Capsule and AirPort Extreme respectively.

The Airport Utility update also contain references of the update being stored on the devices but MacRumours have claimed that it is not a new development and that it is the old version in a new format.

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Twitter For Apple

iOS 5 is still in beta testing and it’s launch is surely few more weeks far off but the announcements by Apple about the product has really led many eyes started waiting for it. Only before its official launch, the upgrade has users fairly impressed as Apple promises that iOS 5 would serve as one of the most significant firmware upgrades for the iPhone till date.

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Selling Of Mac OS X Lion Upgrade Through Mac App Store May Affect Retailers

A market analyst, Stephen Baker, of retail research firm NPD Group said that the decision of Apple to sell the Mac OS X Lion upgrade through its own Mac App Store is likely to affect the traditional retailers of the product.

The action taken by the company will not adversely affect the company's bottom line. However, the release of an OS upgrade is a great opportunity for the company to connect with its customers.

On Monday, Apple made an announcement that it would start selling Lion on the Mac App Store sometime in the next month for $29.99.

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