ReadWriteWeb

readwriteweb.com — Facebook's first few days on the stock market are in the books: Shares closed Tuesday at $31, down significantly from their $38 issue price. You may wonder: How does Facebook make money? Sure, 900 million users and billions of photos, but how is this a business? It's pretty simple, actually.

readwriteweb.com — Facebook's initial public offering is believed to have created as many as 1,000 new millionaires Friday, many of them employees who helped build the world's largest social network. Now that the company is public, Facebook's biggest challenge may be making sure it doesn't have an exodus of talent.

readwriteweb.com — Google founder Larry Page's shot across Facebook's bow in an interview with Charlie Rose on Monday night generated plenty of headlines Tuesday, but Page got off without really answering Rose's original question: Is Google "worried or not worried about Facebook's competition in search?"

readwriteweb.com — Steve Wozniak, two years later It's been fun to watch the normally exuberant tech press go through the rationalization process of what went wrong with Facebook's IPO, starting with claims that Friday's flat opening meant the IPO was perfectly priced to outright ignoring the story.

readwriteweb.com — Google founder Larry Page's shot across Facebook's bow in an interview with Charlie Rose on Monday night generated plenty of headlines Tuesday , but Page got off without really answering Rose's original question: Is Google "worried or not worried about Facebook's competition in search?"

readwriteweb.com — Maybe you've been in a position similar to the one Hemant Bhargava, a business professor at the University of California, Davis, found himself in as he redecorated his home. As he recounted to Adam Davidson for a New York Times piece , Bhargava found a chandelier on Amazon for $750.

readwriteweb.com — shopfront: the front side of a store facing the street; usually contains display windows ( Dictionary.com ) Yahoo's search app Axis , launched earlier today , is being marketed as "a new kind of browser." It's not a browser though, it's an app that is available on PC, iPhone and iPad.

readwriteweb.com — The jury is in and Google has triumphed in almost all phases of its trial against Oracle over the use of Java in Android. Oracle spent years nurturing its relationship with developers who use its products, including MySQL and NoSQL Database.

readwriteweb.com — Facebook is staying quiet on Tuesday's settlement of a lawsuit brought by five members who objected to their likenesses being used in Sponsored Stories, and perhaps with good reason. After all, court documents filed on behalf of the plaintiffs quote Chief Operating Officer Sheryl Sandberg as saying Sponsored Stories are two to three times more valuable than a standard Facebook ad.

readwriteweb.com — The jury in Oracle's patent case against Google delivered a unanimous verdict in favor of the search giant today, exonerating Google's use of Java in Android and dashing Oracle's dreams of millions of dollars in damages. The trial was supposed to have three phases: copyright, patents and then damages.

readwriteweb.com — From a theoretical perspective, there is really not all that much of a difference between Windows Phone and Android. Both operating systems were created by well-established technology giants. Both are licensed to multiple original equipment manufacturers to provide a variety of devices. Both have regulations about how the OS can be used to access the platform's application stores.

readwriteweb.com — If Facebook's massive IPO represents the wealth created by the rise of social networking, mobile computing and the consumerization of IT, these tectonic shifts hold dramatic challenges to old-line technology companies built on yesterday's revolutions. So even as Facebook mints a crowd of new millionaires and billionaires, Hewlett-Packard is preparing to send pink slips to some 30,000 of its employees.

readwriteweb.com — Maybe you've been in a position similar to the one Hemant Bhargava, a business professor at the University of California, Davis, found himself in as he redecorated his home. As he recounted to Adam Davidson for a New York Times piece, Bhargava found a chandelier on Amazon for $750.

readwriteweb.com — When was the last time you saw a walkie-talkie? Look in your pocket. Several smartphone apps mimic the walkie-talkie experience of instant push-to-talk communication. iPTT (Free: iPhone ) iPTT is one of the App Store's original push-to-talk apps. It's just like a walkie-talkie.

readwriteweb.com — Is Google abusing its dominant position in online advertising and content delivery? On the very day when Google participated in a celebration of the free flow of information , a European Commission vice president warned that his office is within weeks of filing a formal Statement of Objections.

readwriteweb.com — Women are the hot new demographic to court in the social space (if you can call half the population a "demographic"), but the fairer sex is catching up when it comes to mobile too, largely thanks to the iPhone. But is Apple's gender-blind wunderkind truly more popular with women - or is Android, the iPhone's defacto rival, just less popular?

readwriteweb.com — Facebook's initial public offering is believed to have created as many as 1,000 new millionaires Friday, many of them employees who helped build the world's largest social network. Now that the company is public, Facebook's biggest challenge may be making sure it doesn't have an exodus of talent.

readwriteweb.com — Google now owns Motorola. Chinese regulators followed the U.S. and Europe in clearing the deal earlier this week, removing the last barrier. Although the acquisition opens new territory for the search giant, its most immediate effect could be remaking the existing Android landscape. Will Google use its new arm to pound all competitors, or just Apple?

readwriteweb.com — Twitter was blocked in Pakistan for much of Sunday because it would not remove tweets that were considered "offensive to Islam." The tweets were encouraging the Draw Muhammad Day ( #DrawMuhammadDay ) competition, which prompted users to post images of Islam's Prophet Muhammad to Facebook.

readwriteweb.com — In five years, cellular carriers will be glad about today's news. But we, their customers, will see the benefits today. A new, free app called Sidecar launches today for Android and iOS, and it introduces us to the concept of "Smart Calling."

readwriteweb.com — It is one thing to say that apps built in HTML5 function across every device on the market. It is another thing to run those apps. Development studio Spaceport.io used its PerfMarks II testing platform to determine which browsers and devices run HTML5 best.

readwriteweb.com — Statistics show that we are watching less videos on YouTube. However, we are watching longer videos and subsequently spending more time on the site. YouTube is changing. But it's also looking over its shoulder at Facebook, which looms as a big threat should it acquire Viddy or Socialcam.

readwriteweb.com — Yesterday at the Googleplex, journalists, technologists and Googlers converged for the TechRaking summit. Our goal was to figure out how to break news of its bad habits lingering from the pre-Web era. We compared notes about our own organizations, shared examples of stories and projects, and dreamed up ways to serve you better.

readwriteweb.com — Nintendo is in trouble. The Japanese gaming giant, which has long felt building pressure from mobile computing platforms, is now officially losing money. Lots of it. Last week, the company reported an operating loss of $458 million, the first such deficit in its long history.

readwriteweb.com — Facebook's purchase of social-gifting app Karma on Friday shows not only that the company is looking to beef up its mobile services, but that it's also looking to diversify its revenue stream beyond advertising. Karma alerts you when your friends have milestones approaching, and makes it easy for you to send them a gift, even if you don't have their address.

readwriteweb.com — Everyone ought to be able to read and write; few people within the global mainstream would argue with that statement. But should everyone be able to program computers? The question is becoming critically important as digital technology plays an ever more central role in daily life.