Facebook’s floatation values company at between £53 billion and £59 billion

Facebook has set the share price for its upcoming floatation at between £17.5 ($28) and £21.8 ($35) per share, valuing the company at between £53…

Microsoft opens new chapter with Barnes and Noble’s Nook e-books battle front

Microsoft has invested £185 million ($300 million) in a new digital venture with US bookseller Barnes and Noble to promote their e-book the Nook.The deal…

Amazon profits beat Wall Street forecasts

Amazon has announced better than expected profits after the world’s largest retailer cut its costs and boosted sales of its Kindle tablet and digital products.Amazon…

Apple’s profits up 91% in first quarter

Apple Inc announced yesterday that its net profit came in at £7.2 billion ($11.6 billion), up from £3.75 billion ($6 billion) in the same period…

World Wide Web inventor warns against websites controlling your data

Further to our last post about Sir Tim Berners-Lee speaking to the Guardian examining how companies and technological developments are challenging the principles of openness…