Samsung will become world's largest smartphone maker this quarter |
- Samsung will become world's largest smartphone maker this quarter
- iCloud Communications sues Apple over 'iCloud' name
- Facebook planning IPO at $100 billion valuation
| Samsung will become world's largest smartphone maker this quarter Posted: 13 Jun 2011 02:43 PM PDT  After 15 years on top, Nomura has said today that both Samsung and Apple will surpass Nokia to become the world's largest smartphone makers, as early as this quarter. Says the research firm: Nokia looks set to relinquish its smartphone crown to Samsung and Apple. Further emphasizing the shift in power to Asia is our forecast for HTC to almost match Nokia during 2012. Samsung will take the top spot, with Apple in second. Nokia started the smartphone market in 1996 with the "Communicator" but has seen massive struggles in the past few years as Android and iOS pick up steam. The company has one last chance to regain market share when it begins releasing Windows Phone 7 devices later this year.
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| iCloud Communications sues Apple over 'iCloud' name Posted: 13 Jun 2011 02:02 PM PDT  Small computer communications company iCloud Communications has filed a lawsuit against Apple, claiming the company's new "iCloud" service infringes on its trademark. The company wants a full injunction that will block Apple from launching the service. iCloud Communications says they have been using the trademark for "identical to or closely related" services since 2005. The suit claims that Apple has damaged the trademark with its iCloud launch and "ensuing saturation advertising campaign." The complaint is asking for "all profits, gains and advantages as well as all monetary damages sustained." Additionally, it asks for the end of the name and for Apple to "deliver for destruction all labels, signs, prints, insignia, letterhead, brochures, business cards, invoices and any other written or recorded material" with iCloud on it. Apple officially filed for the trademark in the U.S. and Europe last week.
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| Facebook planning IPO at $100 billion valuation Posted: 13 Jun 2011 11:44 AM PDT  CNBC has said today that the social networking giant Facebook will file for an IPO as early as October, with a $100 billion valuation. The company would then go public in the Q1 2012, possibly even in January. Facebook has not confirmed the news, yet, but their COO did call an IPO "inevitable" just last week. Perennial money losers Groupon and LinkedIn have filed for IPOs in the last month with massive valuations and gaming behemoth Zynga is expected to go public later this year, as well. Facebook has 600 million global users.
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