Samsung’s recent success in the smartphone market with devices like the Galaxy S II, the Galaxy S III, and the Galaxy Note family have helped the company grab market share by the bucketload, and with that comes heaps of cash.
The Korean electronic giant now has almost $40 billion in cash and cash reserves, which, after taking away its debt, equals 31.2 trillion won ($28.5 billion) in cash stockpiled for a rainy day.
An amicus curiae or amicus brief is when someone who is not a party in a lawsuit offers information that bears on the case but that has not been solicited by any of the parties. It’s used mostly as a way to make sure that various issues that wouldn’t otherwise come up are heard in court, in hopes against an overly broad legal ruling that might have widespread repercussions. Amicus curiae means “friend of the court.”
Got all that? Good. Maybe now you can understand Apple’s issue with Google trying to issue an amicus brief urging the U.S. Federal Court of Appeals to overrule Apple’s request for a sales ban on Samsung devices. Friend of the court? More like co-defendant.
Gameloft has today launched Blitz Brigade, a new online multiplayer game, on Android and iOS. It’s a class-based first-person shooter that’s clearly heavily influenced by Valve’s Team Fortress titles, and it’s a whole lot of fun.
An Android 4.1.2 Jelly Bean update is currently making its way to international Samsung Galaxy Note devices in Canada and the United Kingdom. Users on Bell, Rogers, and TELUS in Canada have all seen the update, as have those with an unlocked device in the U.K.
Facebook is reportedly in advanced talks to acquire mobile navigation app Waze for between $800 million and $1 billion. Talks between the two companies began around six months ago, and a term sheet has already been signed, according to business daily Calcalist.
