From DailyTech: Lenovo has established the Lenovo Industrial Base in Wuhan, China, which will have facilities for mobile internet product research and development. The total investment in the new facility over the next five years is expected to be about roughly RMB 5 billion ($792...

From X-bit Labs: The more pieces of information, analytics, expectations or rumours emerge about the Xbox 360's successor, the more mysterious Microsoft Corp.'s future Xbox game system becomes. Even its code-name is not known exactly: Loop or Durango?

Microsoft has ruled out...

From X-bit Labs: The worldwide mobile phone market declined 1.5% year over year in the first quarter of 2012 to 398.4 million, but Samsung Electronics managed to oust longtime leader Nokia to become the world's top mobile phone vendor, according to the International Data Corp...

From PC World: Physical discs took another step toward extinction late Thursday after Microsoft announced that DVD playback will not be available by default on Windows 8. The new move adds another wrinkle to Microsoft's previous disclosure that Windows Media Center, the company's PC...

From CNET News.com: Yahoo and Facebook are officially on the outs. But things could get worse before they get better, according to a document Facebook filed yesterday with the Securities and Exchange Commission.

Facebook filed an amended S-1 registration statement with the SEC...

From DailyTech: It's no secret that Samsung and Apple are dominating the smartphone market. According to IDC's figures for Q1 2012, Samsung had a 29.1 percent share of the worldwide smartphone market while Apple was not far behind with 24.2 percent.

With Samsung and Apple together...

From DailyTech: The new chairman of Nokia Corp. will not adjust the company's strategic goals or attempt to shift strategy, he said on Thursday at the meeting of the board of directors. Risto Sillasmaa believes that Nokia is on the right track and has the right execution team to...

From X-bit Labs: SK Hynix has reportedly decided to pull out from the incoming auction for insolvent Elpida Memory, leaving only two potential buyers for the troubled maker of dynamic random access memory: Micron Technology and a group of private equity funds.

The acquisition of...

From CNET News.com: Expect to see a lot of tablets milling about next year. Just don't expect to find Windows 8 on a lot of them.

Market researcher NPD DisplaySearch has upped its tablet forecast for 2013 to more than 180 million units, in a report released Thursday. That forecast...

From DailyTech: Facebook announced that its initial public offering (IPO) will take place May 18, 2012.

Social networking giant Facebook revealed that it was planning a 2012 IPO back in November 2011. The company was talking about raising $10 billion for the initial public offering...