Webwire: Zuckerberg wealthier than countries; SAP acquires Ariba
With an estimated personal fortune of $19.1 billion (€15.1 billion) following Facebook's IPO, Mark Zuckerberg is now richer than the entire GDPs of countries including Nepal, Jamaica and Afghanistan.
SAP is set to acquire cloud commerce specialist Ariba for $4.3 billion (€3.4 billion), as it squares up against rival Oracle.
Dell blames a slowdown in public sector and business spending for a 33% fall in profit year-on-year in its fiscal first quarter, which covers the three months to May 4.
Global web domain issuer Icann is taking applications again, after closing down the process in April due to a security glitch.
Microsoft predicts that 350 million devices running the Windows 7 OS will be shipped worldwide this year.
Kodak has lost a two-year intellectual property battle against Apple and RIM regarding digital image preview patents, but will appeal the US ITC's ruling.
Google and other major international companies could be forced to pay significantly higher taxes on their Australian earnings, if new laws to prevent businesses funneling their Australian profits overseas are passed.