Samsung Drops Apple Sales Ban Requests, Facebook Updates Instagram Policy: Tech Business Roundup

Media reports have it that Samsung (SSNLF.PK) has withdrawn all of its requests for sales bans against Apple (NASDAQ:AAPL) products Europe-wide, issued because of alleged violations of standard-essential patents. However, this is not the same as Samsung dropping its lawsuits, which it has not done. The company will still try for monetary compensation, the appropriate remedy for standard-essential patents that does not bring in antitrust issues, while sales bans do.

Facebook’s (NASDAQ:FB) photo-sharing site Instagram updates its privacy policy which will now allow it the right to sell user photos to advertisers without their being notified. Users have until January 16th to delete their accounts, after which they are not allowed to opt out. Other ramifications are that Instagram is permitted to share information regarding its users with Facebook along with other affiliates and advertisers.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

The worldwide intelligent policy enforcement firm Procera Networks (AMEX:PKT) said Tuesday that it has received a multi-million dollar initial order from a Tier 1 multi-system operator in the Middle East that serves cable subscribers through its region as part of its residential triple play service offerings. Procera anticipates the start of the majority of its revenue coming from this initial order in the fourth quarter.

Microsoft Corporation (NASDAQ:MSFT) and Google’s  Motorola phone business differ by millions of dollars in their valuations of video and Wi-Fi patents in a crucial case before a federal judge in Seattle. A ruling is expected early next year and the outcome could be key in the balance of power between the firms in the struggle over ownership of the tech that underlies popular smartphones, tablets and game consoles.

Don’t Miss: Samsung Wants a Fair Fight With Apple?