What you need to know - Monday 12/27/2010

Katie Gatto · December 27, 2010 · Short URL: https://vator.tv/n/1540

Facebook valued at $41.2B; Kindle best-selling item on Amazon; Skype sued for patent infringement

Amazon released a statement reporting the third-generation Kindle is the best-selling product in Amazon’s history. It beat the previous champion, ‘Harry Potter and the Deathly Hallows’. The company also announced that on its peak day, Nov. 29, customers ordered more than 13.7 million items worldwide. This translates to a record-breaking 158 items per second.

Skype has been hit with a patent infringement lawsuit in the United States. Suit was filed by Gradient Enterprises, a non-practicing entity, for U.S. patent no. 7,669,207. The patent is called, “Method For Detecting, Reporting And Responding To Network Node-Level Events And a System Thereof”.

Facebook has been given an enterprise value of $41.2 billion. This was larger than Twitter, Zynga, LinkedIn or Groupon. This number is lower than the recent $50 billion assessed on November 30th.

Julian Assange, found of WikiLeaks, is writing an autobiography. The book will be published in the U.S. and the U.K. He will receive $800,000 from U.S. publisher Alfred A. Knopf, and $502,000 from UK publisher Canongate Books Ltd.

Vator's very own Ronny Kerr took a look at the fundamentals of Net Neutrality, and a site called TheOpenInter.net. The site was developed by Michael Ciarlo.

Hitwise has released a report showing that for the first time ever Facebook received more UK Internet visits than Google’s UK search portal on Christmas Day, accounting for 10.50% of all UK Internet visits on that day.

Vator's Faith Merino examined emerging trends for 2011, with the help of with Sumeet Jain, a principal over at CMEA Capital.