Webwire: Apple on track to $1tr cap; Amazon trials in-app payment

Webwire: Apple on track to $1tr cap; Amazon trials in-app payment

Staff writer  |   April 04, 2012

Apple on track to $1 trillion cap: analysts
Two analysts have forecast that the value of Apple stock could rise to $1000, and that the company could eventually become the first to reach a market cap of $1 trillion.

Amazon trialling in-app payment
Amazon and app publishers have been trialling a new in-app payment service for the Amazon Appstore, with Amazon taking a 30% commission on payment made using the platform.

ACCC wins case against Google over search ads
Australian regulator ACCC has won a legal battle against Google, with a court ruling that the company engaged in misleading advertising with its search ads. But Google is expected to appeal to the high court, arguing that it should not be responsible for the material put up by its advertisers.
The Australian

Ericsson backs China for sales growth
Ericsson believes China remains ripe for network infrastructure sales growth, despite a slowdown in the Asia Pacific region as a whole.

Huawei, ZTE pegged to ship 100m smartphones in '12
Taiwanese handset component makers are expecting Huawei Device and ZTE to ship a combined 95-100 million smartphones in 2012, for a joint market share of 15%.

ARM collaborates on online security
ARM is teaming with smartcard firms Gemalto and Giesecke & Devrient to boost development of common security standards for online transactions.
Wall Street Journal

Second travel firm complains about Google
TripAdvisor is the second online travel firm to file a lawsuit against Google in Europe in as many weeks. The firm claims the search giant engages in anti-competitive practices in a complaint to the EC

UK ministers protest communications law changes
The UK government faces a backlash from its own members over plans to require communications providers to store all messages from subscribers for a year.
The Guardian


Staff writer


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