Webwire: Tech crash fears grow; ITC reviews Kodak patents
The soaring valuations of web companies including Facebook and Twitter has raised fears that an emerging new tech bubble will burst in a repeat of the first dot-com crash.
The US ITC will review a decision that states Apple and RIM don’t infringe Kodak’s patents relating to picture preview technology.
The US is in talks with China about its tough restrictions on media, and could seek sanctions if the talks fail. The US claims China’s approach encourages a black market for copyrighted material.
Social network MySpace lost 50 million users in the year to end February, as changes to make the site more music oriented fail to win the public’s favor.
Indonesia's PT Telkom plans to launch its third satellite - the $200 million (€142 million) Telkom-3 – by the end of this year.