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Posts Tagged ‘Google Inc.’

LinkedIn prices IPO, Apple tops Google, LivingSocial adds 22 markets

Monday, May 9th, 2011

LinkedInBusiness social network LinkedIn plans to offer 7.84 million shares at $32 to $35 a share in its initial public offering of stock. That would value LinkedIn at about $3 billion and would result in net proceeds of approximately $146.6 million.

LinkedIn announced the IPO in January. It has more than 100 million users and attained profitability in 2010 on revenue of $161.4 million and net income of $10.1 million. Its revenue climbed to $93.9 million, up 110 percent from the same period in 2010, in the first quarter of 2011. Mashable points out that some investors think social media companies are overpriced.

What do you think? Let us know in the comments.

Apple tops Google in brand value

Apple Inc. has surpassed Google Inc. as the world’s most valuable brand, according to WPP Group Plc. Apple’s brand value soared 84 percent to $153.3 billion over the year, propelled by the quick success of the iPad, a new version of the iPhone and the iMac. Google’s brand fell 2 percent to $111.5 billion. It had been top brand for four years running.

Microsoft was fifth, Coca-Cola and AT&T seventh. Facebook soared 246 percent to become the No. 35 brand valued at $191.1 billion.

LivingSocial Families launches in 22 more markets

DC-based LivingSocial, the chief rival to Chicago’s Groupon in the battle of the digital local deal firms, has launched in 22 new markets. Putting people on the ground in each market is one of the reasons the group deal companies have raised such huge amounts of venture capital (nearly a billion for Groupon and half a billion for LivingSocial).

The new markets for LivingSocial Families are:

Albuquerque, N.M.
Buffalo, N.Y.
North and Northwest Suburbs of Chicago
Northeast Suburbs of Detroit
Durham/Chapel Hill, N.C.
East Valley, Ariz.
Fort Lauderdale, Fla.
Fort Worth, Texas
Grand Rapids, Mich.
Inland Empire, Calif.
Knoxville, Tenn.
Las Vegas
Marin County, Calif.
Memphis, Tenn.
Nashville, Tenn.
Oakland/East Bay, Calif.
Piedmont Triad, N.C.
Pittsburgh
South Hampton Roads, Va.
Tulsa, Okla.
Wilmington, Del./Newark, N.J.

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NTP sues Apple, Google, Microsoft, Motorola, over patents

Friday, July 9th, 2010

NLP says it invented wireless email

RICHMOND, VA – NTP INC., a patent holding company which says it is the inventor of wireless email, has filed lawsuits against Apple, Inc., Google Inc., HTC Corp., LG Electronics Inc., Microsoft Corporation, and Motorola, Inc. in the United States District Court for the Eastern District of Virginia for infringing NTP’s eight patents related to the delivery of electronic mail over wireless communications systems.

In 2006, NLP won $612 million from Blackberry maker RIM for patent infringement.

Donald E. Stout, NTP’s co-founder, said, “Use of NTP’s intellectual property without a license is just plain unfair to NTP and its licensees.

The late Thomas Campana, an inventor who died in 2004, and Stout, an attorney, created NTP. Campana worked on wireless technology in the 1990s but did not commercialize it.

Following the RIM settlement, the U.S. Patent and Trademark Office reexamined NLP’s patents and threw out several, but upheld three of ten claims against RIM.

NLP says it has filed an appeal to the U.S. Court of Appeals for the Federal Circuit to overturn the USPTO’s remaining rejections of NTP’s patent claims.

In 2006 and 2007, NLP sued AT&T INc., Deutsche Telekom AG’s T-Mobile USA, Sprint Nextel Corp. and VErizon Wireless and Palm Inc. claiming infringement of the same patents. Those suits have not been settled nor brought to trial.

For background on NLP and the suits see: NLP at Wikipedia