This Morning's Top 3 Stories in Social Media & Business

 By 
Lauren Indvik
 on 
This Morning's Top 3 Stories in Social Media & 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.

Internet Access & SMS Blocked in Egypt as Protests Escalate

Reports are emerging that Internet and SMS have both gone down in Cairo and throughout Egypt as protests escalate. Outages began a half-hour past midnight Friday morning.

LinkedIn Files for IPO

LinkedIn filed a registration statement with the Securities and Exchange Commission Thursday, setting the stage for the professional-focused social networking site to go public. We've got a full overview here.

Samsung Reports Record Quarter

Samsung posted positive quarterly financial results Friday morning. The company also disclosed that it has shipped 2 million Galaxy Tabs in the first three months of its availability on the market.

MPAA Shuts Down 50+ Torrent Sites in Global Sting

The Motion Picture Association of America (MPAA), with the cooperation of Dutch anti-piracy group BREIN, has quietly shuttered 12 torrent websites in the U.S. and at least 39 sites abroad by filing copyright violation complaints with the sites’ hosting providers.

Further News

Verizon has agreed to acquire IT and cloud services company Terremark Worldwide for a price of $19 per share, a total equity value of $1.4 billion.

Facebook for Android has been upgraded to version 1.5.1, bringing users access to Facebook Deals.

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