TECHNOLOGY

Unthink, which launched a beta version of its web site yesterday, bills itself as everything Facebook is not: it won't make deals with ad companies, it won't invade your privacy, and it will let you dictate terms of use. The site is swamped with users responding to Unthink's message of social media revolution, but will it garner enough followers to really challenge Facebook?

Japan's Olympus Corp on Thursday stuck to its defense of deals that have come under fire since the 92-year-old firm axed its British CEO in a bitter boardroom battle, repeating that the acquisitions were strategic and involved no wrongdoing.

Android Market now accounts for more mobile app downloads than Apple and its App Store, thanks to Google's open-source strategy, according to ABI Research. The Android platform was responsible for 44 percent of all mobile app downloads in the second quarter of 2011, as opposed to iOS's 31 percent.

On Nov. 3, HTC will release its latest Verizon smartphone, the HTC Rezound, aka the HTC Vigor, aka the HTC Thunderbolt 2, aka the phone that has had more names than P.Diddy...and the Galaxy Nexus Prime, for that matter. The HTC Rezound is scheduled for a release date in Verizon Wireless stores Nov. 10.

Olympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm's market value while his successor stuck with the company's line that it had done nothing wrong.

Nokia found out too late that the name for its new Windows Phone, lumia, means prostitute in Spanish. Here are five other hilariously bad translation mistakes.

Nokia unveiled five new phones Wednesday, with five highly different and difficult-to-remember price points and release dates. Does the company lack focus?

Sprint finally owned up to the massive bet it is making on iPhone, sending its shares down as much as 12 percent on Wednesday.

An IBM report reveals the triangular relationship between consumers, businesses and social media networks.

Whether they are on the social network or not, New York's convicted sex offenders have de facto Facebook profiles, as the state has released a Facebook app that gives access to its sex offender registry.

IBM’s Netezza unit introduced a high-powered analytics accelerator intended to help wireless carriers solve crucial network management glitches.

Sprint-Nextel, the No. 3 wireless carrier, acknowledged that selling Apple iPhones may be a costly bet: the carrier said it may require as much as $7 billion to help pay Apple for them.

The iPhone 4S has been a hit among Apple fans with its new fast flash features but many have been looking for a jailbreak that will allow them to customize their phone to the fore. The lastest iPhone jailbreak and unlocking software is out, according to bestunlock.com.

Shares of Amazon.com Inc fell 11 percent on Wednesday, a day after the company forecast a disappointing outlook for the current quarter on costs related to Kindle and other investments to grow the company.

Nokia's first-ever Windows Phone offers a bevy of apps and features built directly into the phone, but with a steep price tag, will it be able to battle Apple and Samsung?

Olympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm's market value while his successor stuck with the company's line that it had done nothing wrong.

British singer Amy Winehouse had more than five times the legal driving limit of alcohol in her blood when she died on July 23 aged 27, British media reported on Wednesday.

Research In Motion won't upgrade the software for its much-maligned PlayBook tablet computer until February, months behind schedule, and the new version still won't feature the popular BlackBerry Messenger application.

The National Security Agency, a secretive arm of the U.S. military, has begun providing Wall Street banks with intelligence on foreign hackers, a sign of growing U.S. fears of financial sabotage.

Unthink says it is starting a social networking revolution. And it is serious. The Unthink homepage even features black and white photos from the Civil Rights Movement as its background. According to CNET, Unthink promises to emancipate social media and unleash people's extraordinary potential. It will be the anti-Facebook. Unthink backs this proclamation by stating that, as an online social networking hub, it will be free of privacy issues, endless redesig...

Floodwater swamped a new area of Thailand's capital on Wednesday as some shops started rationing food and the prime minister warned that parts of Bangkok could be flooded for up to a month.

Shares of Amazon.com, the world’s biggest e-retailer, plunged 12 percent in the first hour of trading, wiping out $9 billion in value, after the company reported disappointing third-quarter results.

Research In Motion won't upgrade the software for its much-maligned PlayBook until February, months behind schedule, and the tablet computer still won't feature the popular BlackBerry Messenger application after the makeover.

Shops in the Thai capital began imposing emergency rationing on Wednesday as the prime minister warned parts of Bangkok could be flooded for up to a month and authorities called a special five-day holiday to give people the chance to flee.

The release date of iPhone 5 is left hanging in the air while Apple's newest iPhone, the 4S, broke AT&T's sales record on Monday as one million units were sold.

Nokia unveiled two sleek new Microsoft Windows phones on Wednesday in time for Christmas, a first step in the ailing cellphone maker's fightback against Apple and Google.

Nokia Lumia 800, the first real Windows phone is shown off.

SAP said it would consider buying back shares to return cash to shareholders, sparking a skeptical response from analysts who said they would rather see the world's biggest maker of business software spend money on acquisitions.

Biographer Walter Isaacson's book documenting Steve Jobs' life and works was published this Monday. In it, one little known fact has the tech world wondering about final project Jobs worked on before he died.