LinkedIn Corp (LNKD) is working with ad companies to target its audience

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LinkedIn Corp (NYSE:LNKD) has recently launched a pilot program for marketers to target ads across the web using the social network’s data. The results of the test program are currently mixed, according to advertisers and digital buyers. Companies that are testing LinkedIn’s new ad product are Xaxis and Dstillery.
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Google Inc (GOOG) will have to face Street View WiFi privacy suit following Supreme Court decision

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Google will have to deal with a class-action lawsuit that alleges that the company’s Street View cars illegally snooped on private WiFi networks. The decision was made by the Supreme Court of the U.S. (SCOTUS) this morning.
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Google Inc (GOOG) is shutting down Orkut on Sept. 30th

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Google announced today that it will be shutting down Orkut, which was one of the first social networks that the company created. Orkut will be shutting down on September 30th.
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Facebook Inc (FB) researcher apologizes for psychology experiment

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The author that was responsible for the Facebook News Feed psychology experiment has apologized for anxiety that may have been caused for unaware participants. The study was conducted jointly by researchers from the University of California and Cornell University.
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Google Quickoffice app is closing down and is being replaced by Drive

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In the next few weeks Google will remove the Quickoffice app from Google Play and the App Store in the next few weeks.

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Perion Network Ltd (PERI) acquires Grow Mobile for up to $42 million

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Perion Network Ltd (NASDAQ:PERI) is a publicly listed mobile app services company that was part of a reverse merger by Conduit’s Client Connect business last year. Perion Network has acquired an ad aggregation platform called Grow Mobile.
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Tesla Motors Inc (TSLA) and Pennsylvania approach five-store compromise

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Tesla Motors Inc (NASDAQ:TSLA) and the Pennsylvania Senate have come to an agreement. Pennsylvania’s Senate decided that Tesla Motors can operate five company-owned stores in the state.
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Google chairman Eric Schmidt reportedly visited Cuba to promote Internet access

Eric Schmidt
Several Google executives, including executive chairman Eric Schmidt reportedly visited Cuba this week to promote Internet access there. The Google team met with officials and representatives of Cuba’s technology scene to promote a “free and open Internet,” according to, which is an independent news website launched last month by Yoani Sanchez. Brett Perlmutter, Dan Keyserling, and Jared Cohen also attended the trip.

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