AT&T CEO Ralph de la Vega said in a keynote session at CTIA Wireless that Facebook is a good thing for his company. “Social networking is going to be a major force in this industry for years to come. I think it helps people communicate, and that’s what we do,” he said. T-Mobile’s CEO, Philipp Humm agreed with that statement and added that the social networking app is currently the number one app.
Unfortunately, Verizon’s CEO only said that their market value is solid and he’ll leave commenting on Facebook for the experts.
Those four major carriers’ CEO was participated in a keynote session at CTIA titled “Beyond LTE – Carrier Innovations,” where each CEO talked about a topic of their choice. Sprint’s Dan Hesse said that it’s never been more important for the industry to gain public’s trust and that oil companies currently rate higher than mobile carriers.
Hunn talked about people’s needon unlimited data plans, while Vega showing some AT&T’s plans for home automation.
What do you think the effect of social networking on mobile carriers?
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HTC and Verizon has announced HTC Droid Incredible 4G yesterday as the third phone in HTC Droid Incredible line. The device has a 4 inch Super LCD display and 1.2 GHz dual core processor by Snapdragon. The phone has a rear camera of 8 megapixel for shooting pics and capture high definition video. The forward facing camera will also be available for video calling.
The phone will be shipped running the latest version of Android, the Ice Cream Sandwich and the latest version of HTC Sense, the software HTC puts over Android. For comparison, HTC One S at T-Mobile and HTC One X at AT&T also have Ice Cream Sandwich and HTC Sense UI 4.0 as well. The difference is that the Droid Incredible 4G allows you to swap your battery and offering microSD expansion for up to 32 GB.
Verizon has announced that the phone will be available in Verizon in the coming weeks. Unfortunately, they haven’t announced the actual release date for the handset or the pricing information.
Take a glance at the picture below if you can’t be patient to wait for the release date.
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Google will soon see the costliest risk from their alleged Apple Safari Privacy Breach from U.S. Federal Trade Commission (FTC). Bloomberg said that according to a person familiar with the problem, Google might be fined for more than $10 million by FTC for violating the Internet privacy. Chris Gaither, Google’s spokesman told Bloomberg that they will cooperate with any officials who have questions.
This Mountain View company was caught tracking user’s activity on Apple’s mobile devices. Google is accused for violating the federal laws and user privacy by installing trackers and cookies on Safari browsers. Google bypassed Safari with a software trick, taking advantage of Safari’s limitations on third-party tracking. The Wall Street Journal said Google started to track Apple’s Safari in February.
A researcher from Stanford University’s Center for Internet and Society, Jonathan Meyer was the first one who spotted the code and he described it on a blog post. Google have previously removed the Safari code after WSJ publish the report. The company claims that they only want to get the Google’s +1 button on different websites. They also said that the code wasn’t collecting any personal information.
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Facebook has announced their price for the initial public offering at $28 up to $35 per share on Thursday afternoon. The company is offering 337,415,352 shares of class A common stock at an unknown date.
A statement from Facebook said, “Facebook, Inc. is offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 157,415,352 shares of Class A common stock. We will not receive any proceeds from the sale of shares by the selling stockholders. This is our initial public offering and no public market currently exists for our shares of Class A common stock. We anticipate that the initial public offering price will be between $28.00 and $35.00 per share.”
Rumors said that Facebook will set its IPO price after the market closed on Thursday Afternoon. The Wall Street Journal reported Facebook would price the share in the high $20 to mid $30, putting the company’s price at $85 billion to $95 billion. Facebook will be the most valuable U.S. Internet company on its IPO, which will take place in weeks. Google currently held the record by $23 billion when it went public in 2004.
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