Webwire: Google gets Motorola approvals; Apple stock hits $500

Staff writer
telecomasia.net
Regulators in both the EU and the US have approved Google's $12.5 billion takeover bid for Motorola Mobility. The deal now just needs to be cleared in China, Taiwan and Israel.
 
Apple stock has reached a price of $500 for the first time, giving it a market cap of $460 billion. At this rate, the company is set to become the first to reach a valuation of $500 billion since Exxon did in 2007.
 
Web users in Germany, France, the UK and nine other European countries joined protests against planned anti-piracy laws over the weekend. Some 22 member states have already agreed to the ACTA law.
 
Justin Timberlake's plans for MySpace are showing signs of paying off, with the company announcing it is now adding 40,000 new registrations per day.
 
Mobile social networking app Path has deleted all of the address book data it compiled from its users, in the wake of controversy which erupted after a developer discovered the company was taking the data without users' consent.
 
Apple is accused of hiking the price of Whitney Houston tracks following a surge in demand after the singer’s death over the weekend.
 
Dutch operator KPN has apologized to its two million customers which were left unable to access email services for two days following a cyber attack.
 
Chinese internet stocks on the NYSE climbed to five month highs yesterday, led by strong gains at microblogging and internet services company Sina.

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