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	<title>Digital Daily &#187; Li Ka-shing</title>
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	<link>http://digitaldaily.allthingsd.com</link>
	<description>by John Paczkowski</description>
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		  <title>All Things Digital</title>
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		<title>The Tech 10: Google's Wireless Bid, Facebook's Cash Flow and Motorola's Mojo</title>
		<link>http://digitaldaily.allthingsd.com/20071130/the-tech-10-googles-wireless-bid-facebooks-cash-flow-and-motorolas-mojo/</link>
		<comments>http://digitaldaily.allthingsd.com/20071130/the-tech-10-googles-wireless-bid-facebooks-cash-flow-and-motorolas-mojo/#comments</comments>
		<pubDate>Fri, 30 Nov 2007 19:01:10 +0000</pubDate>
		<dc:creator>John Sullivan</dc:creator>
				<category><![CDATA[Digital Daily]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[700 MHz spectrum auction]]></category>
		<category><![CDATA[cellphone]]></category>
		<category><![CDATA[copyright]]></category>
		<category><![CDATA[cyber attack]]></category>
		<category><![CDATA[Ed Zander]]></category>
		<category><![CDATA[espionage]]></category>
		<category><![CDATA[Federal Communications Commission]]></category>
		<category><![CDATA[Li Ka-shing]]></category>
		<category><![CDATA[Motorola]]></category>
		<category><![CDATA[PlayStation]]></category>
		<category><![CDATA[privacy]]></category>
		<category><![CDATA[search engine]]></category>
		<category><![CDATA[Sony]]></category>
		<category><![CDATA[Sprint]]></category>

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		<description><![CDATA[Auction Action: Confirming the expected, Google announced today that it would indeed apply to bid for wireless spectrum in the Federal Communications Commission auction in January. ... Facebook Gets a $60 Million Infusion... Hong Kong mogul Li Ka-shing has invested $60 million in Facebook. ... Rise and Fall of Motorola Magnate: Ed Zander, CEO of the electronics manufacturer whose mojo with the Razr cellphone brought the company big gains, is resigning.]]></description>
			<content:encoded><![CDATA[<p><em>Note: John Paczkowski is on vacation and won&#8217;t be writing or posting videos until he returns on Monday. </p>
<p>To keep you abreast of tech news while he&#8217;s away, we&#8217;re compiling a daily digest of 10 must-read tech stories. Our Tech 10 appears below.</em></p>
<ol>
<li><strong>Auction Action:</strong> Confirming the expected, Google announced today that it would indeed apply to bid for wireless spectrum in the Federal Communications Commission auction in January, <a href="http://online.wsj.com/article/SB119639272899509119.html?mod=technology_main_whats_news&#038;apl=y&#038;r=295762">writes Kevin J. Delaney in The Wall Street Journal,</a> adding that if the search giant grabs a wireless license, it could become a provider of mobile phone and Internet services, among other things.</li>
<li><strong>Facebook Gets a $60 Million Infusion&#8230;</strong> Hong Kong mogul Li Ka-shing has invested $60 million in Facebook, reports <a href="http://kara.allthingsd.com/20071130/facebook-nabs-60-million-investment-from-li-ka-shing/">BoomTown&#8217;s Kara Swisher</a>, who notes that the billionaire businessman has the right to invest another $60 million.</li>
<li><strong>&#8230; And Pulls Back on Privacy:</strong> The social-networking site, under siege from Move.On and its own members, as well as from &#8220;Landmark Partner&#8221; Coca-Cola (which, says <a href="http://bits.blogs.nytimes.com/2007/11/30/coke-is-holding-off-on-sipping-facebooks-beacon/index.html?ref=technology">Louise Story of the New York Times,</a> is holding off on participating in the social-advertising feature) has announced changes to its new Beacon ad system. <a href="http://gigaom.com/2007/11/29/to-save-its-bacon-facebooks-weakens-beacon/">Observes Om Malik:</a> &#8220;Facebook finally backed down, more or less acquiescing to the demands of those concerned about its seemingly blatant abuse of privacy of its fast-growing user base.&#8221;</li>
<li><strong>Rise and Fall of Motorola Magnate:</strong> Ed Zander, CEO of the <img src='http://digitaldaily.allthingsd.com/files/2007/11/zander.thumbnail.gif' alt='zander.mug' />electronics manufacturer whose mojo with the Razr cellphone brought the company big gains, is resigning in the face of equally disappointing declines to rival Nokia over the last year, <a href="http://online.wsj.com/article/SB119643013709809475.html?mod=technology_main_whats_news">The Wall Street Journal reports.</a> Greg Brown, the company&#8217;s president and chief operating officer, will succeed Zander.</li>
<li><strong>Sprint Rejects a Suitor:</strong> Sprint Nextel has turned down a $5 billion investment offer from Providence Equity Partners and SK Telecom of South Korea in exchange for sacking its management, <a href="http://www.nytimes.com/2007/11/30/business/30sprint.html?ref=technology">according to the New York Times.</a></li>
<li><strong>Big Brother Online:</strong> Government agencies worldwide are increasingly using the Internet to spy on and conduct cyber attacks on their enemies, according to an annual virtual criminology report by McAfee, <a href="http://www.pcworld.com/article/id,140132-c,cybercrime/article.html">writes Jon Brodkin of Network World,</a> noting that the U.S. joins China as one of the biggest employers of Internet espionage.</li>
<li><strong>Kiwi Teen in Botnet Probe:</strong> New Zealand police have held for questioning a teenager suspected of leading an international cyber-crime group, <a href="http://news.bbc.co.uk/2/hi/technology/7120251.stm">according to the BBC,</a> which adds that the group allegedly hacked a million computers to steal millions from people&#8217;s bank accounts.</li>
<li><strong>Publishers Want Web Respect:</strong> Launching an effort to bring them more power to say what content search companies may make available, publishers have developed a framework to inform online search engines that certain pages, directories or sites must not be indexed, <a href="http://www.eweek.com/article2/0,1895,2224819,00.asp">reports eWeek,</a> noting that supporters of the measure to respect copyright include the Associated Press, Reuters <img src='http://digitaldaily.allthingsd.com/files/2007/11/playstations3.thumbnail.jpg' alt='play.station.3' width='200' height='220' />and the Association of American Publishers.</li>
<li><strong>Sony Hears On-Demand Demands:</strong> Starting early next year, users of Sony&#8217;s PlayStation 3 will be able to download high-definition video to their devices, <a href="http://www.variety.com/article/VR1117976739.html?categoryid=19&#038;cs=1&#038;nid=2562">according to Variety,</a> which adds that each download will cost about $1.85.</li>
<li><strong>Exploding Cellphone Death Greatly Exaggerated:</strong>The Korean quarry worker whose death was blamed on an exploding cellphone was actually killed by a co-worker, who admitted he concocted the story after accidentally hitting his colleague with a drilling vehicle, <a href="http://news.yahoo.com/s/ap/20071130/ap_on_hi_te/skorea_mobile_phone_explosion">the Associated Press reports.</a></li>
</ol>
<p><em>Posted by Associate Editor John Sullivan.</em></p>
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