TUAW is reporting this week that the latest iMovie 2011 trailers feature blocks the usage of studio names, most notably Universal and Paramount.

Although unclear, it appears that either Apple or the studios don't want users putting out trailers that could be misinterpreted as real studio-created trailers, and the easiest way to do that is to block the names from being used.

Although the Universal Studios' earth theme is available as a choice, as is the Paramount snow-capped mountains, the "studio name" field turns the words "Universal" and "Paramount" into dashes when using those respective themes.

You can view both pictures here.

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A new Nielsen study, dubbed "The Increasingly Connected Consumer: Connected Devices," has shown that nearly one-third of all iPad owners have yet to download an app for their device.

32 percent of iPad owners remain app-less despite a number of very popular apps being created specifically for the tablet.

63 percent of device owners have downloaded an app and paid for at least one while the other five percent have download apps, but only free ones.

The most popular paid apps were games at 62 percent, followed by books at 54 percent and music at 50 percent.

Nearly 100 percent of iPad owners regularly check the news, while 39 percent use it to read books. Another 33 percent use the device to watch movies or TV shows.

The survey was administered to 5000 "connected device owners" including iPad, Kindle, iPod Touch and other device owners.

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According to the latest figures from Strategy Analytics, RIM has fallen to third in the global smartphone market, losing out to Apple for the first time ever.

Nokia remained the clear leader, shipping 26.5 million units during the Q3 2010, good for a 34.4 percent market share.

That percentage, however, fell significantly year-over-year, down from 37.8 percent.

Apple, in second place, shipped 14.5 million units, good for 18.3 percent of the market.

RIM fell from 19.6 percent to 16.1 percent after shipping 12.3 million units for the quarter.

The research firm concluded that RIM is losing share due to a "limited presence in the high-growth touchscreen segment." RIM offers the Storm 2 and the new Torch in the multi-touch market.

Android, with incredible growth, has helped companies like Motorola and Samsung stay relevant, although their market share is significantly lower.

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According to Engadget, Apple has taken its fight with Adobe to another level, purposely not pre-installing Flash on all new Mac computers starting with the recently launched second generation MacBook Air.

Apple's reasoning behind the decision is: "The best way for users to always have the most up to date and secure version is to download it directly from Adobe."

While the decision does have a point, Apple is forcing extra work on its customers by removing the pre-install.

The easiest way Apple could have ensured Flash would stay up to date would be to add the plug-in into the auto-updater.

For now, new Mac owners will have to head over to Adobe and make sure they download the latest version of Flash. That is if they want to watch over 90 percent of videos on the Internet.

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The Sex.com domain has finally been sold this week, after being up for auction for 15 months.

Clover Holdings, a company registered in the Caribbean, has purchased the domain for $13 million, about $1 million less than what Escom LLC purchased it for in 2006.

Last June, Escom went bankrupt and the domain went up for auction.

The domain was originally purchased for under $100 in 1994, and then sold in 2006 for $14 million to Escom LLC, who could not afford the payments and then defaulted the site to DOM Partners, the lender who backed the $14 million bid.

Gary Kremen, the founder of Match.com was the original owner of sex.com, but he lost the domain to a con man named Stephen Cohen. Kremen then waged a decade long legal battle to regain ownership.

Cohen was subsequently fined $65 million for stealing the domain. Cohen was allegedly making $500,000 a month off the site during its heyday.

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RWW has reported today that Netflix rules Internet traffic during peak times in the United States as demands continues to increase.

Netflix currently has 16 million subscribers, most of which can access the company's "Watch Instantly" streaming catalog from their mobile devices, computers and TVs.

Given the strong demand, the site says Netflix accounts for just over 20 percent of all American downstream traffic during peak Internet hours.

Bandwidth "consumption," however, still remains low in the U.S., compared to other regions, as the average connection time is 3 hours in the States compared to 5.5 hours average for all of Asia.

Netflix CEO Reed Hastings has made it clear that the company will continue to build its streaming service, even admitting that the company may soon offer a new streaming-only subscription package that will be cheaper than current mixed plans which offer physical rentals and streaming for consumers who may not care for rentals.

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