The Twitter age is killing in-depth journalism, while local newspapers are becoming extinct -- right?
Then what is a talented young New York Times reporter doing founding a website devoted to in-depth local reporting?
Full StoryFacebook said Friday it had hired renowned architect Frank Gehry to design the company's campus expansion, which includes a new building with a rooftop garden.
"When it's completed, we hope it will provide a paradise workspace for the 3,400 engineers who will one day fill it," a company statement said.
Full StoryAn Estonian graphic designer has taken to cyberspace to protest Russia's jailing of feminist-punk activists Pussy Riot, launching an anti-Kremlin version of hit video game "Angry Birds".
Magnus Vulp said on Friday that the goal of his "Angry Kremlins" was to draw attention to the fate of the three Russian women, who were sentenced to two years in a corrective labor facility by a Moscow court.
Full StoryApple won more than $1 billion in a massive U.S. court victory over Samsung on Friday, in one of the biggest patent cases in decades -- a verdict that could have huge market repercussions.
A jury in San Jose, California awarded $1.049 billion to the U.S. tech giant, according to court documents. But analysts said the damages could be tripled because jurors found Samsung "willfully" infringed on patents.
Full StoryJapan's scandal-hit Olympus said Friday it will sell its mobile phone unit to a domestic investment fund for $674 million as the camera and medical equipment maker eyes a return to profitability.
The 53.0 billion yen ($674 million) sale of ITX Corp would be posted as a one-time gain in the firm's second-quarter financial report, but "the impact of the sale on our earnings is uncertain at this point," the company said.
Full StoryIndia's attempt to block online material that it blames for fuelling ethnic tensions was on Friday described by Internet experts as "monumentally incompetent" and "completely illegal".
The government over the past week has ordered Internet service providers to block 309 webpages, images and links on sites including Facebook, Twitter, Wikipedia, news channel ABC of Australia and Qatar-based Al-Jazeera.
Full StoryA Seoul court ruled on Friday that Apple and Samsung had infringed on each other's patents on mobile devices, and ordered a partial ban on sales of their products in South Korea.
The court ruling comes as the two firms are locked in a bitter patent battle that could determine their fight for supremacy in the global smartphone market.
Full StoryFacebook co-founder Dustin Moskovitz shed 450,000 shares of Facebook in the past few days for proceeds of about $9 million — a tiny chunk of his total stake.
Moskovitz was Mark Zuckerberg's Harvard roommate when they founded Facebook in 2004. He disclosed in a regulatory filing late Tuesday that he sold the shares on Friday, Monday and Tuesday in blocks of 150,000.
Full StorySouth Korea's Constitutional Court on Thursday effectively killed off a law which bans Internet users from using false IDs, ruling it a breach of freedom of expression.
Authorities in 2007 started enforcing the law aimed at curbing the country's notorious cyber-bullying by preventing Internet users from hiding behind false IDs when they write postings on websites.
Full StoryU.S. regulators said Wednesday they closed an investigation into Facebook's billion-dollar deal to buy the startup behind photo-sharing smartphone application Instagram, taking no action.
The Federal Trade Commission said in a statement that Facebook's bid to buy Instagram "may now proceed as proposed."
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