OzCrunch

FACEBOOK could file papers for an IPO as early as next week and is looking at a valuation of $75 billion to $100 billion.

Twitter's move to comply with government requests and block tweets in specific countries could blunt its edge as a political tool, but there may be an upside in helping to unmask censorship, some privacy experts said Friday.

Adscend Media, the defendant in lawsuits filed this week by Facebook and the Washington attorney general, on Friday denied the allegations in the complaints and shifted blame to its affiliates.

Juniper Networks' challenges are due to timing with new product rollouts and shifts in investments from customers and channel partners.

Cisco is in the midst of a major initiative to better integrate its various collaboration products and to give their interfaces a uniform, consistent design in order to make them easier to use and more effective at helping employees work with each other.

The Internet juggernaut Facebook could file papers for an initial public offering as early as Wednesday, hoping to raise as much as US$10 billion, the Wall Street Journal reported Friday.

Facebook scammers have started redirecting victims through Amazon's cloud in order to bypass malicious URL filters, according to security researchers from antivirus vendor F-Secure.

Offshore outsourcing companies continued to make up the majority of the top 10 H-1B visa users in 2011, according to new government data. These offshore firms have been adding employees by the thousands as their revenues increase.

It was another busy week for hactivists attacking the online targets of their ire. This time, hackers under the banner AntiSec appeared to have hacked the website of OnGuardOnline.gov, the U.S. government's online security website, in protest against the much-railed-against legislation Stop Online Piracy Act (SOPA) as well as other bills regarding intellectual protection. Similarly, the group Anonymous is believed to be behind the distributed denial-of-service attack on Thursday that brought down the European Parliament's website in what is thought to be retaliation for European support for the shutdown of the Megaupload file-sharing site the week before. Anonymous also opposes a treaty being ratified in Europe now called the Anti-Counterfeiting Trade Agreement. That deals with infringement of intellectual property rights.

Lawmakers in Hawaii on Thursday quietly dropped a bill that would have required Internet service providers to collect the detailed browsing histories of Internet users in the state and store the data for at least two years.