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Samsung Group, south-Korean’s biggest business conglomerate group, announced that it would invest $41.4 billion in 2012 on new technologies, research and development, mergers and acquisitions and building new facilities, told reporters. Analysts strongly expect that company will raise its investment bar in mobile chips and next-generation OLED (organic light emitting...

A group of Israeli hackers brought down the Saudi Arabia Stock Exchange and the Abu Dhabi Securities Exchange websites, Haaretz, Israeli newspaper reported. The group, which is known by the name IDF-Team, was able to paralyze the Saudi stock exchange site resulting in causing delays on the UAE site. The attack came in return to a Saudi hackers “nightmare group”...

Stop Online Piracy Act (SOPA) and Protect IP Act (PIPA) today i.e. “January 18” finally results into a black out day for many technology companies.  The list includes the companies – BoingBoing, Wikipedia, Reddit, I Can Has CheezeBurger, WordPress, Mozilla, TwitPic, Minecraft and many others. Wikipedia isn’t the only company shutting down its digital...

A time before the Italian cruise liner Costa Concordia’s tragic disaster, the waiter’s sister Patrizia Tievoli had posted on Facebook Friday, “In a short period of time the Concordia ship will pass very close. A big greeting to my brother who finally get to have holiday on landing in Savona.” Corriere della Sera, Italian newspaper reports on this, saying that,...

Code 42 Software, a Minnesota-based online backup company, which is known well for the popular PC backup service Crashplan, has raised $52.5 million in investment led by Accel Partners with Split Rock Partners. Accel Partners and Split Rock Partners do holds now a minority stake in the company.  Code 42 has been doing Crashplan since from 2007. The point then was...

Startup incubator DreamIt Ventures announced its first hybrid accelerator program offering Israeli Entrepreneurs (who currently reside in Israel) a special program including accelerator time in both Israel and New York. The program aims to give five Israeli startups an early market exposure, so that they can develop their product/market fit based on feedback and...

Yahoo, the premier digital company, announced that co-founder Jerry Yang has resigned from its board of directors. Yang’s resignation comes shortly after the appointment of Scott Thompson as Yahoo’s new CEO. “My time at Yahoo!, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However, the time...

Wikipedia, an online collaborative, multilingual Internet encyclopaedia, as we stated earlier, goes offline today for its English users to protest against the Stop Online Piracy Act (SOPA). The announcement was made yesterday by foundation’s co-founder Jimmy Wales through the series of tweets. Wikipedia join the protest with other major websites, including the popular...

In September last year f8, Facebook announced in partnership with different domains companies who would develop Open Graph Timeline Apps. Similar reports are coming today that Facebook on Wednesday will launch its Open Graph applications that it first debuted last year. The companies who developed these apps include Airbnb, Ticketmaster, Payvment, Causes and 30 others. Facebook last year in December informed developers that it would start approving new Open Graph variants to appear in the news feed, Ticker and Timeline from this month....

Apple, the company behind the popular iPhone and iPad, has filed another suit against Samsung in Germany, aiming to ban sales of Samsung’s smartphone models. The suit targets 10 smartphones including the Galaxy S Plus and the S II that are based on Apple design. The suit is based on design rights issues held by Apple in Europe, according to a company’s spokesman...