What you need to know - Thursday 10/7/2010

Passenger raised $7.5 million, Involver $7 million, EcoMom $1.1 million, Motorola sues Apple

Involver raised $7 million. The social marketing platform helps manage ad presence social media channels Involver also raised $1.6 million late last month.

Motorola filed suit against Apple over patent infringements. Complaints were filed with the International Trade Commission, the Northern District of Illinois, and the Southern District of Florida.

Verizon to launch 4G LTE in 38 metro areas by years end. Targeted areas include: Boston, New York, Philadelphia, Baltimore, Washington, D.C, Atlanta, Dallas-Fort Worth, Houston, Seattle, Phoenix, Denver and Las Vegas. The company hopes to provide faster service to customers.

Twitter searches 1 billion queries a day. This is thanks to the completely new search backend that has been instated over the last few weeks.

 Logitech unveiled anew product for Google TV, Called, the Revue. it is a lightweight miniature computer keyboard, designed to help end users type in show names. Related apps are to follow. 

Facebook launched a groups feature. Groups will allow for quick messaging and sharing with a large number of features. By default any information posted to a group is  only visible to people in it.

EcoMom raised  $1.1 million,  in its A Series of funding. The site provides a guided shopping experience, geared toward moms,.

The piracy of e-books is on the rise. According to a study published by Attributor, lost value was estimated at $2.8 billion.