Internet

Business-oriented social networking site LinkedIn has been hacked. According to new reports, hackers infiltrated the site's systems and stole an estimated 6.5 million passwords. LinkedIn is a social media platform designed with business users in ... mind. It allows members to find past and present colleagues, to search for new jobs, and exchange advice and expertise with workers in their field. It's estimated that approximately 161 million people have LinkedIn accounts, which means that it's no surprise this most recent security breach has caught the attention of many social media users. Stolen ... (view more)

Two weeks ago, social networking site Facebook made headline news by taking its stock public . Immediately afterwards, analysts began debating whether the stock was a winner or a loser. Now, one analyst says people should stay away from Facebook ... stock; in fact, he has gone so far as to suggest that the entire Facebook enterprise could disappear by the year 2020. According to Ironfire Capital founder Eric Jackson, Facebook's difficulties in making the transition into the mobile market will prove to be its undoing. In Facebook's place will arise entirely new companies that will succeed by more ... (view more)

Verizon has announced that it will double the download speed of its top-tier broadband service. Observers regard this as a somewhat startling announcement, given that this service is already considered the fastest in the United States. According to ... reports, Verizon subscribers who sign up for its top service will soon have access to download speeds ranging up to 300 megabits per second (Mbps) and upload speeds of 65 Mbps. Download Movies in Two Minutes To put these data transfer speeds into context, reports the LA Times, subscribers to this faster broadband service will be able to download a ... (view more)

Federal Communications Commission (FCC) chairman Julius Genachowski says he's happy Comcast may begin offering Internet service on a pay-per-use basis. It would be a change from the more common model of charging a flat rate. Comcast recently ... announced it is dropping its 250 GB monthly download limit . Instead, it will now allow users to go above its new 300 GB "soft" limit, but only upon paying an additional fee. The company is also looking at offering several different service packages, with monthly data allowances that depend on the price paid, much like today's mobile broadband ... (view more)

According to a new report, social networking website Facebook is currently in negotiations to purchase Internet browser-maker Opera Software. If true, observers believe the acquisition could give Facebook a launching pad for the construction and ... distribution of a new browser which would revolve around the use of social media. The report comes from technology blog Pocket-lint, which says that unknown though "trusted sources" have said that Facebook is discussing the purchase of Opera Software, based in Oslo, Norway. According to Pocket-lint, a Facebook browser "would allow you keep up to date ... (view more)

'Axis,' a new search tool from Yahoo, is designed to help the company keep pace with rivals Google and Microsoft in the fast-changing search market. Unfortunately, observers seem to doubt the new feature will help the troubled firm out of its funk. ... It has been a tough six months for Yahoo, which announced earlier this year that it was laying off a large part of its global workforce. Then in early May the company's new chief executive officer Scott Thompson was shown to have lied on his resume, leading investors to call for his resignation. Eventually, Thompson obliged . Axis Search Shows ... (view more)

There's no denying the distinctly American origins of Facebook: it was the brainchild of Harvard students and its 'trial by fire' was a monumental court case between its founders. For some, there's nothing more American than either attending an Ivy ... League school or angry litigation. That's why it's worth noting that America's Facebook membership could soon be eclipsed by the number of Facebook users in rising Asian superpower, India. India's Facebook Membership Rapidly Accelerating In a recent interview, leading Gartner research analyst Shalini Verma insisted that India's steady economic ... (view more)

Twitter has unveiled a brand new 'Do Not Track' option that will stop the service from collecting data related to the online behavior of its users. It's a welcome change for privacy advocates. Meanwhile, the move is prompting privacy experts to ... begin asking questions, such as how long Twitter has been tracking user behavior, and what kind of information it collected. In response, Twitter representatives are deflecting such questions with a surprising argument: that tracking user behavior actually makes the service more user-friendly. Said one Twitter spokesperson about the new 'Do Not Track' ... (view more)

Comcast has announced it will no longer freeze downloading by subscribers who use too much bandwidth. Instead, it will revise the monthly limit, and introduce extra charges for those who go over. At the moment, the company cracks down on users who ... consume more than 250 gigabytes (GB) in a month. Comcast first issues a warning, and then may suspend service for customers who refuse to cut down on their data use. The 250 GB limit will now be set aside while Comcast tests two alternative systems in sample markets. One alternative will be a system in which all customers operate under a 300 GB ... (view more)

A major software problem may have significantly limited the number of people able to purchase Facebook stock when it first became publicly available on Friday, May 18, 2012. Nasdaq has assumed total responsibility for the fiasco and says it will ... offer compensation to those negatively affected by it. By some estimates, the payouts could total as much as $13 million. Nasdaq officials had planned carefully for the huge amount of trading that was expected when Facebook stock "went live". The combination of the number of shares put up for sale and the asking price made it the third-biggest stock ... (view more)