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Samsung Becomes World's Largest Handset Maker, Nokia's 14-Year Run Ends

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After reporting record profit for the first quarter of 2012, South Korean tech giant Samsung Electronics has achieved yet another outstanding feat. The company has become the world's number one handset vendor, thereby ending Finnish firm Nokia's 14-year run as the global leader, according to a latest research from Strategy Analytics.
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Facebook IPO: 5 New Danger Signs For Investors

Assuming the $77 billion initial public offering by Facebook is approved, investors will likely clamor for shares just as in earlier web frenzies for Netscape Communications, Yahoo (Nasdaq: YHOO) and Google (Nasdaq: GOOG).. But dangers loom.
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Microsoft And Facebook Strike $550 Million Deal Over AOL Patents

Microsoft and Facebook announced a definitive agreement on Monday, under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL Inc.Facebook has agreed to purchase this portion for $550 million in cash.
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US Stock Futures Point To Sharply Lower Open On Europe Woes

Stock index futures pointed to a sharply lower open on Monday on weak European data and renewed anxiety over how the region would tackle its debt crisis, while Wal-Mart slumped after a report it stymied a probe into bribery allegations.

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