Apple Dismisses Ebook Price Fixing Charge
Apple has rejected DOJ's accusation of collusion, claiming it's "simply not true". "The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry," said an Apple spokesman in a statement.
Will Megaupload Users Get Back Their Data?
The fate of Megaupload user data might be determined at a key hearing today, NPR Music reports. The data is currently locked on hosting company Carpathia's servers, and neither Megaupload nor its users cannot access it.
Moreover, Megaupload's bank accounts are blocked, so the company cannot pay Carpathia for hosting the data. One solution might be to appoint someone to go through the data and sort the legal from the illegal files, but since we're talking about petabytes of data, it sounds highly impractical.
Google Reports $10.65 Billion in Q1 2012 Revenue, Announces Stock Split
Google's quarterly earnings have once again managed to beat analysts' estimates -- the company's non-GAAP earnings per share hit $10.08 in Q1 2012, and gross revenues for the quarter were $10.65 billion, a 24% jump over Q1 2011. The company also announced a two-for-one stock split that will take effect sometime after June 21.