Tech 2.0 for Tuesday, August 21, 2012

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Contributor: Matt Davenport
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Updated: 8/21/2012 2:53 pm


It's now up to a jury of nine men and women to decide what has been a long, bitter legal squabble between two major high-tech companies. The panel in San Francisco will decide whether to take legal sides with either Apple or Samsung in a lawsuit over patents. Apple is demanding that Samsung pay it $2.5 billion and pull its most popular smartphones and computer tablets from the U.S. market -- after claiming the South Korean company ripped off its iPhone and iPad technology. Samsung denies the allegations. The case featured three weeks of testimony from technology experts, patent professionals and company officials. Apple and Samsung are the world's top-selling smartphone makers; together they account for more than half of all smartphone sales.

The company that makes Macs, iPhones and iPads is now the world's largest ever when it comes to stock value. Apple's value has been pegged at $624 billion -- the highest ever -- beating out the record set by Microsoft back in the early days of the Internet boom. After a four-month dip, Apple's stock hit new highs recently. It had been the world's most valuable company since the end of last year -- and is worth 54 percent more than the number-two firm, Exxon Mobil.

It had a lot of promise when it started three years ago. But now, OnLive has a lot of debt -- and few paying customers. And so the video game streaming company has reshuffled its business. The company has dismissed about half its staff as part of an alternative to filing for bankruptcy protection. However, OnLive will continue to operate under the same name -- and its customers -- few as they are -- shouldn't see a change in their service.



Judge gives instructions to Apple-Samsung jury before closing arguments - Washington Post http://t.co/LdbUYdQX

Apple vs. Samsung Trial Day 12 Preview: Jury Instructions and Closing Arguments Start http://t.co/q94jc0Z0

And we're live from the courtroom for closing arguments from Apple and Samsung. First up, jury instructions. http://t.co/SVTqsWGv

Apple Becomes Largest Company in World with Market Share of $623 Billion http://t.co/F2FKvJUx


Congrats, Apple, for passing Microsoft's 1999 record as largest public company ever by market cap. Might want to note what happened next.

[TECH] BT planning to write off 2.6 percent stake in troubled OnLive: http://t.co/mLO2tNiM

OnLive Game Service continues 24/7; all purchases remain intact and available. Lots of exciting games coming so thanks for your support!

OnLive acquired by new company, but doesn't expect it to affect customers http://t.co/gN7FvWFl
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