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China to Top World in E-Commerce by 2015

China, already home to the world's largest online population, is likely to replace the United States as the biggest e-commerce market by 2015, according to new research.

China's e-commerce market is currently worth $74 billion -- less than half that of the United States at $177 billion, a new report by the Boston Consulting Group said.

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LA Thieves Nabbed with 'Find My Phone' App

Police in California probing an armed robbery arrested two suspects by using the "Find My Phone" app on her stolen iPhone to locate the device, a spokeswoman said Tuesday.

The female victim told officers that a gunman had taken her purse and iPhone, which had the tracking application installed, said Norma Eisenman of the Los Angeles Police Department.

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Facebook, HTC Building Android Smartphone

Facebook has allied with Taiwan's HTC to build a customized smartphone powered by Google's Android mobile operating system, according to technology blog All Things Digital.

The project, code named "Buffy," is aimed at making a handset tailored for the California-based social networking platform, according to the blog, which is owned by Dow Jones, publisher of The Wall Street Journal.

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Samsung Holds Final Talks on Google TV Venture

Samsung Electronics is holding final talks with Google about launching a television using the US search giant's software platform next year, an executive of the South Korean company said Tuesday.

Yoon Boo-Keun, president of the visual display division, declined to elaborate on the timing of the launch saying only that Samsung would not unveil the new model at the Consumer Electronics Show in Las Vegas in January.

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AT&T targeted by Hackers, No Accounts Breached

U.S. telecom giant AT&T said Monday it was advising customers of an apparent hacking attempt but that no accounts were breached.

"We recently detected what could have been an organized attempt to obtain information on a number of customer accounts," an AT&T spokesman told Agence France Presse by email.

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EBay Buys Recommendation Service Hunch

Internet auction giant eBay said Monday it has bought Hunch, an online service which provides users with personalized recommendations for products and services.

Financial terms of the transaction were not disclosed, but former TechCrunch editor Michael Arrington, in a post on his personal blog Uncrunched.com, put the purchase price at around $80 million.

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Hotmail Co-Founder Launches Free SMS Service

Indian IT entrepreneur Sabeer Bhatia on Tuesday launched a free text messaging service, promising that it would be as revolutionary as his previous venture, Hotmail.

Bhatia, who co-founded the free email service 15 years ago, said in a statement that his latest venture, JaxtrSMS, would do "to SMS what Hotmail did for e-mail".

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Gates to Testify in $1B Lawsuit against Microsoft

Microsoft's Bill Gates was set to testify Monday in a $1 billion antitrust lawsuit accusing the software maker of duping a competitor prior to its rollout of Windows 95.

The case against Microsoft has been ongoing in federal court in Salt Lake City for about a month.

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Inmates Harass Victims Via Facebook

Lisa Gesik hesitates to log into her Facebook account nowadays because of unwanted "friend" requests, not from long-ago classmates but from the ex-husband now in prison for kidnapping her and her daughter.

Neither Gesik nor prison officials can prove her ex-husband is sending her the messages, which feature photos of him wearing his prison blues and dark sunglasses, arms crossed as he poses in front of a prison gate. It doesn't matter if he's sending them or someone else is — the Newport, Ore., woman is afraid and, as the days tick down to his January release, is considering going into hiding with her 12-year-old daughter.

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LivingSocial Goes National with Black Friday Deals

Here's one way to avoid getting trampled by bargain-hunting hordes knocking down store doors on Black Friday: Online deals service LivingSocial is unveiling a slew of bargains for the holidays that are just a couple of mouse clicks away.

LivingSocial is announcing Monday that it will offer discounts from national businesses such as Verizon Wireless, Electronic Arts Inc. and the sneaker brand Sketchers USA Inc., a contrast to the local deals for spas, restaurants and weekend escapes that it's known for.

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