SOFTWARE

Any trial in U.S. District Court of the more than 50 shareholder lawsuits alleging fraud by Facebook (Nasdaq: FB), the No. 1 social networking site, and its underwriters could be as much as five months away, lawyers said.

Liberal groups that have been boycotting radio broadcaster Rush Limbaugh for months have apparently drawn blood: aside from winning withdrawals of more than 100 advertisers, second-quarter revenue from 10 stations owned by Cumulus Media (Nasdaq: CMLS) declined due to the boycott, CEO Jim Dickey said.

Advertisements will be added to uTorrent when the new upgrade comes out for the program. Unlike other ads, these will be presented in subtle way to maintain the uTorrent user experience.

Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, is scheduled to report fourth-quarter results Wednesday that are expected to be much better than last year’s when CEO John Chambers said the company was overmanned and was in the midst of layoffs and retrenchment.

Your friends can now know exactly when you are expecting to have a child, the gender, your partner, and where you plan to give birth, thanks to Facebook's latest category, "Celebrations"

Groupon Inc. (Nasdaq:GRPN) saw shares in the company drop by nearly a quarter of their total value Tuesday -- to all time-lows -- after the Chicago-based daily-deals business reported revenue figures that badly missed analyst expectations.

A Twitter account that combines the political views of Republican vice presidential running mate Paul Ryan and the swagger of Ryan Gosling, @PaulRyanGosling, is taking the micro-blogging site by storm.

Google has reportedly purchased the rights to the Frommer's travel brand from publisher John Wiley & Sons for an undisclosed sum, according to The Wall Street Journal, presumably to bolster its local reviews of small businesses, restaurants, sights and destinations around the globe. With the combination of Frommer's and Zagat, Google will be able to give audiences plenty of ways to view reviews and/or ratings of local businesses around the world throughout its mobile Android platf...

Dalton Caldwell, the digital entrepreneur who sometimes enjoys writing angry open letters to Mark Zuckerberg, believes people would prefer a paid version of Twitter where they're not constantly sold to by advertisers, but one where developers and the users are the center of the social experience. Caldwell said he was "inspired to build exactly the service I wanted manifested myself," which he calls App.Net. Now that he's successfully raised his funds, here comes the tough part: Makin...

A two-minute-long video taken from inside the cockpit of a small airplane that crashed into a protected wilderness area in Idaho in June with four passengers aboard has gone viral online after being uploaded to YouTube by survivors.

Facebook (Nasdaq: FB), the No. 1 social networking site, has finally settled charges with the U.S. Federal Trade Commission that it deceived members about their privacy rights. Although it won’t pay a fine, it agreed to be monitored by the FTC for 20 years. If violations are found, it could be subjected to civil penalties up to $16,000 per offense.

For the third straight Olympic Games, the US Women's soccer team won the gold medal, defeating Japan in a stunning rematch after their loss at the World Cup. However, in a terrible display of humanity, immediately following the match, the terms "pearl harbor" and "japs" began trending on Twitter, showing that even when the Olympics inspire different nations to come together, some people are just terrible.

For long, Flash has been a key deterrent to smooth internet experience of browsers owing to stability and security issues. To address this aspect, Google Chrome introduced an updated version of Flash plug-in for Windows users.

Apple is planning to seed an update of the latest OS by taking it to the version 10.8.1 that is expected to address all the issues reported so far by vigilant users.

Software and video game developer Valve is opening its digital distribution and gaming service platform Steam to include additional types of software. The new content will begin to arrive on the platform as early as September.

Lolo Jones, who had been performing well at the 2012 London Olympics, finished fourth in the women’s 100-meter hurdles. According to MSN, during her appearance on “Today,” the young star chalked up her failure to the criticism she suffered at the hands of the U. S. media. Jones, a virgin, has also been harassed on Twitter, where she’s an active user.

Though Twitter tried to safeguard itself by not immediately releasing to the police information on a user who threatened a gun massacre at a theater, legal experts say the social media site could have paid dearly for the decision

Mojang, the developers of the hit indie videogame "Minecraft," has more than doubled its profits since last year, according to a recent interview with the company's CEO. The company's success suggests a larger trend occurring in the game industry towards smaller scale localized projects as massive AAA titles continue to underperform for major publishers.

Shares of Peregrine Semiconductor Corp. (Nasdaq: PSMI) jumped 7 percent to $15 a share as they started trading the first time as a public company. Peregrine becomes the third technology initial public offering in a month to rise at the opening of trade, jn contrast to the May 18 IPO of Facebook (Nasdaq: FB), the No. 1 social networking site.

Nearly two weeks after AuthenTec Inc. (Nasdaq: AUTH) advised the U.S. Securities and Exchange Commission it had agreed to be acquired by Apple (Nasdaq: AAPL), the world's most valuable technology company, for $350 million, Apple still hasn’t made an announcement nor filed its own SEC report.

Following a month of struggling financial performance and impending legal battles, Zynga is releasing a new Facebook game "ChefVille" based around cooking. Will it help resuscitate the battered company and its wounded relationship with Facebook?