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Wednesday, December 29, 2010

This Morning’s Top 3 Stories in Social Media, Tech & Business


Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. We’re keeping our eyes on three particular stories of interest today.

SEC Probes Trading in Private Companies Including Facebook & Twitter

The U.S. Securities and Exchange Commission (SEC) has begun investigating the trading of shares of privately owned companies, including Facebook and Twitter.

HTC Thunderbolt Photos Leaked

Photos of the HTC Thunderbolt, the first LTE phone to land on Verizon, have been leaked ahead of CES.

Groupon Raising Up to $950 Million in Funding [REPORT]

Groupon has filed for a Series G funding round that authorizes it to raise up to $950 million, according to a new report. If the report is accurate, Groupon’s post-money valuation would be somewhere between $6.4 billion to $7.8 billion.

Further News

  • After celebrating the inclusion of 100,000 apps in the Android Market just two months ago, it appears the Market has now unofficially broken the 200,000-app barrier.
  • Scottish scientists have built a 1,000-core processor, claiming it will run 20 times faster than today’s chips while using less power.
  • A new survey from Rasmussen Reports reveals that just one in five American voters want the Federal Communications Commission (FCC) to regulate the Internet, placing their faith instead in free market competition to protect the Internet’s U.S. users.
  • HP has slashed the price of the Envy 13, suggesting a new ultrathin laptop may debut at CES.
  • SCVNGR has teamed up with teen clothing retailer American Eagle for a New Year’s fundraiser for Big Brothers Big Sisters.
  • Image courtesy of iStockphoto, DNY59

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