The Week’s Top Story:
In another effort to consolidate, Google will be shutting down another slew of products including Picnik, Social Graph, Google Sky Map and Google Message Continuity. The fate of some seems to be permanent, however Picnik will likely be integrated into Google+ after the site shuts down in April.
Finally, Google’s new search algorithm will rank sites lower if they have too many advertisements.
Co-CEOs of RIM Mike Lazaridis and Jim Balsillie have stepped down, leaving former COO Thornstein Heins as the new CEO.
Apple Q4 results indicated record-breaking numbers with $46.3 billion in revenue, selling 37 million iPhones and 15 million iPads.
Facebook is looking to partner with Vevo and host their video content exclusively.
Anonymous publicly threatened to take down Facebook on January 29
Just when we thought SOPA and PIPA legislation was gone, an international law called ACTA (Anti-Counterfeiting Trade Agreement) was signed by the European Commission (including the US) this week. The law, which is similar to SOPA but with more reach, still needs to be passed by the English Parliament and affects the use of any copyrighted information whether online or offline. We encourage readers to read more about ACTA.
Be on the Lookout:
HP announced that open source rollout for webOS will take place in September.
Google Music will be adding functionality for Android users to download songs from their online music library, whether they uploaded the music or purchased it through Google’s music store.