Growing familiarity with social networks is driving new forms of lending and borrowing money, which bypass banks altogether. FULL STORY >

Research in Motion has been ordered to pay a substantial $147 million in damages to Mformation Technologies, after a court ruled that the BlackBerry maker had infringed on its patents. FULL STORY >

Facebook purchases mobile bookmarking service Spool. FULL STORY >

Fujifilm sues Motorola Mobility over alleged patent violations. FULL STORY >

In this week's Gaming News Round-up: Valve kicks off a Steam summer sale, whilst Bioware shares details of Mass Effect 3 DLC. FULL STORY >

Nielsen reveals its newest stats surrounding the mobile phone market in the US. FULL STORY >

If tablets are the movie stars of the computing world, then without a doubt, ultrabooks are its rock and pop icons. Which ultrabook is for you? FULL STORY >

Some of Apple's Mac range will apparently not be able to accommodate Mountain Lion when it becomes available this month. FULL STORY >

Losing a USB flash drive with sensitive data stored onboard can cause serious headaches. Kingston Technology is paying attention to this problem with the release of its DataTraveler Locker secure USB flash drive for consumers. FULL STORY >

Nikon today announced the development of what they are calling a ground breaking super-telephoto, fixed focal length lens to add to its line-up of full frame FX NIKKOR lenses. FULL STORY >