Google has announced that it had acquired payments technology company name TxVia in order to the search giant’s payments capabilities and to accelerate innovation towards Google Wallet. Since 2008, TxVia has supported the management of more than 100 million accounts. TxVia is a technology pioneer that offers a fast, flexible and highly reliable payments platform. TxVia has also certified and directly connected to the major payment networks, which establishes a solid foundation for Google Wallet. ...

In a recent study conducted by the American Civil Liberties Union, it appears to be stated that from over 200 responses it received (out of 380), shows that the vast majority of department utilize cell phone tracking information on a regular basis. The union had requested information from over 380 state and local law agencies about policies for tracking cell phones....

US Copyright Office is considering converting and uploading tens of millions of pre-1978 copyrights in its massive card catalog into a searchable, digital format called as a “virtual copyright card catalog”. Maria A. Pallante, Director of the US Copyright Office, announced the organization’s intent to digitize the 45 million items comprising the card catalog...

According to Nikkei – reported via Reuters, Japanese electronics giant Panasonic is expected to shift all products of its mobile phone handsets units out of its home country as early as this summer in an urge to enter into the international markets. Panasonic last month reported its quarter three results with a loss of $9 billion promises restructuring. The production shake-up comes after the struggling company named the head of its loss-making TV business, Kazuhiro Tsuga, 55, as its new president in February. Panasonic sold around...

With the recent news that we reported that workers at Apple’s Foxconn manufacturing unit aren’t happy with the reduced working hours, news is making its way that Foxconn chairman pledges to raise pay in its factories unit and also plans to invest in Hainan. The company will keep on increasing worker salaries in China and cutting the hours of work, Chairman Terry...

The Australia’s scientific agency has reached a multi-million dollar out-of-court settlement in the United States over the use of its wireless internet technology. Since 2005, Commonwealth Scientific and Industrial Research Organization (CSIRO) have been suing companies for using the WLAN technology without a license. The CSIRO said the settlement for the Wireless local area networking (WLAN) patent was worth more than A$220 million ($229 million). A spokeswoman for CSIRO told Reuters that no decision had been made about further litigation,...

Whoa! Whoa! This is what every person who love the social networking giant and waiting for its giant IPO, SharePost reported that the last auction of Facebook shares on the secondary markets has been completed with the final share price of a $44.10 values Facebook at roughly $104 billion. Facebook intends to raise $5 billion in a public offering of its shares later this year. Earlier today, Facebook’s co-founder exercised stock options worth around $4.8 billion. According to SharesPost, this truly is the last private Facebook auction:...

According to AdWeek, the video sharing site YouTube is rolling out a new advertising model in order to monetize the vast amounts of content hosted on the site. YouTube is selling sponsorships rather than TV-style demographics. The value for the sponsorships (which include display, overlay and pre-roll) run to an annualized $4 million to $6 million, depending on the...

Australia which had blocked China’s Huawei from bidding for contracts in the country’s $38 billion National Broadband Network (NBN) due to cyber security concerns. Over on which, Australian Prime Minister Julia Gillard backed a ban on Chinese telecoms firm Huawei from tendering for major government contracts after Beijing raised concerns about fair treatment...

Internet Explorer is again seems topping the chart as the company sees since from March it is on the recovery mode. The latest usage share data from Net Applications, the Redmond-based giant continue to see great strides made against our core metric: IE9 share on Windows 7.  This month in the US nearly 50% of Windows 7 users are experiencing the best the web has...