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Aspiring Facebook Investors Warned of Yahoo! Lawsuit

Facebook has warned potential investors that a patent lawsuit against the company by Internet pioneer Yahoo! could deliver a significant blow to its business.

The world's leading online social network amended initial public offering (IPO) paperwork with the U.S. Securities and Exchange Commission to include the Yahoo! case among risks to the company's bottom line.

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Apple Offers to Refund Australian IPad Customers

Apple Wednesday offered to refund Australian customers who felt misled by advertising about the 4G capability of its new iPad, which can only access the ultra-fast wireless network in North America.

Apple's problems in Australia could have wider repercussions in markets where the US company also advertises the iPad as featuring 4G, despite those countries having an incompatible network, or no 4G networks yet.

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Energy-Starved Pakistan Eyes Solar Power

From mosques, to homes and streets, Pakistanis are increasingly seeing the light and realizing that year-round sun may be a cheap if partial answer to an enormous energy crisis.

"It's the best thing I bought this winter," says Sardar Azam, a former civil servant retired to a river-side home in Pakistani-administered Kashmir, showing off his water-heating solar geyser installed on the terrace.

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Nokia, Microsoft Invest $24 Million in Mobile Apps

Nokia and Microsoft plan to invest €18 million ($24 million) in promoting research into mobile applications for phones running Windows software and Nokia platforms.

Aalto University in Helsinki says the AppCampus program will be launched at the university in May with each company investing up to €9 million over the next three years.

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China's Huawei Hits Back at Australian Cyber Fears

Chinese telecoms giant Huawei on Tuesday hit back at claims it was a security risk following its barring from Australia's broadband rollout, with one director labeling it "complete nonsense".

Huawei, among the world's top makers of telecommunications equipment, has been blocked from bidding for contracts on Australia's ambitious Aus$36 billion (US$38 billion) broadband plan due to fears of Chinese cyber-attacks.

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Taiwan's HTC Unveils Phone with Powerful Camera

Taiwan's HTC on Monday unveiled the smartphones that it said would allow users to "retire" their digital cameras, as it sought to fight back against rivals Apple and Samsung.

The "One" series of phones, which will hit Asian markets on April 2, have cameras that can autofocus in just 0.2 seconds, making them the equal of many modern digital cameras, the company said.

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ArabNet Digital Summit 2012 to Open Thursday with Participation of 140 Speakers, 1,500 Attendees

Under the patronage of the President of the Republic of Lebanon, Michel Suleiman, represented by the Minister of Telecommunications, Nicolas Sehnaoui, and with the participation of H.E. Riad Salameh, Governor of the Central Bank of Lebanon, the third annual ArabNet Digital Summit is set to open on Thursday, March 29th at the Grand Habtoor Hotel, Beirut. The Summit is the largest gathering of entrepreneurs and digital professionals in the web and mobile industries in the Arab region and is expected to attract 1,500 attendees for five action packed days of innovation, entrepreneurialism and best practice sharing between regional and global leaders.

In collaboration with the Central Bank of Lebanon and strategic partnerships with Bank Audi, STC, and MBC Group—the summit will feature discussions and lectures involving 150 internationally renowned speakers covering the latest trends and topics in the industry, particularly in relation to the opportunities and challenges created in various industries by the digital revolution. This will include the future of news, television, advertising and digital marketing, as well as mobile applications, online gaming, e-commerce, and other important fields.

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Nepal Gay Lawmaker Asks Facebook for Third Gender

A prominent lawmaker and gay rights activist in Nepal says he has asked Facebook to include a third option for people who do not identify themselves as male or female.

Sunilbabu Pant said he has written to Facebook founders Mark Zuckerberg and Chris Hughes asking an option as "third gender" or "others" when signing up because people who do not identify as male or female continue to be sidelined by Facebook's options.

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Yahoo! Proxy Fight Looms after Board Shakeup

Yahoo! on Sunday announced the appointment of three independent board members as the struggling Internet firm moved to shake up its team and fend off a challenge from an activist hedge fund.

But the hedge fund seeking to wrest control of the firm said it was disappointed with the move, and would press its case to shareholders.

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Japan Court Orders Google to Halt Auto-Complete

A Japanese court has ordered search giant Google to suspend its auto-complete function because it breaches one man's privacy, his lawyer said.

Tokyo District Court approved a petition by the man, who claimed typing his name into the search engine generated a suggestion linking him to crimes he did not commit, lawyer Hiroyuki Tomita told media Sunday.

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