News In Brief: ZTE, MySpace, Cisco, Sophos, Google
ZTE is planning to come up with its own smartbooks which will be based on Qualcomm’s Snapdragon processor. Presently ZTE offers netbooks based on Atom processors.
MySpace has acquired “certain assets” of struggling music streaming service imeem for an undisclosed sum. Founded in 2003, imeem claims 16 million users for its ad-supported service. imeem CEO Dalton, CTO Bryan Berg, COO Ali Aydar and VP of sales David Wade have been brought on "as consultants to help manage this transition
After raising the offer twice, Cisco has finally secured over 90% of the shares of videoconferencing firm Tandberg, and will soon make a compulsory acquisition offer.
Around four in five Facebook users give away too much personal identity to complete strangers when asked, according to a survey by security firm Sophos.
The US FTC is investigating Google's purchase of Admob, and may block the sale if the acquisition is found to violate antitrust laws.
Shipments of portable electronics devices are expected to grow 10% in 2009, to more than 400 million units, according to In-Stat.