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Top News: Google settles over online pharma ads | Lift | Sprint gets iPhone 5 | Brightcove IPO

Legal/Regulatory:

  • Google said to reach $500M settlement over online pharma ads.
  • Dutch court orders formally Europe-wide preliminary injunction against Samsung Galaxy smartphones.

Social Media:

  • First details about Lift, the next social network from the founders of Twitter.
  • Google introduces friend annotations to +1 button.
  • reddit acquires redditgifts.com to support Secret Santa.

Mobile Computing:

  • Sprint to get iPhone 5.
  • What HP's TouchPad fire sale tells iPad rivals.
  • Nokia looks to attract users with new Symbian phones.

Convergence:

  • Time Warner to subsidize subscribers’ TV device.

Business Strategies:

  • Brightcove files $50M IPO.

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