Your Wednesday Tech News Round Up

by Sophie Russell · November 23, 2011

A new dating site, Blackbook 365, offers a curated choice of men and women; Facebook research suggest there are 3.74 not 6 degrees of separation between us; Netflix says it will be broke for the whole of 2012 and Apple beats out HTC in the courtroom. All this and more in today's tech news round up!

1. A new dating site has been launched, Blackbook 365. Much like Gilt Groupe fashion sites that give a curated variety of luxury items from the world of fashion, Blackbook 365 will offer a curated selection of men and women. They consider themselves a site that sifts through the pointless in order to bring like-minded New York professionals together. [Betabeat]

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2. There are 3.74 degrees of a separation on average between each Facebook user. This refers to the number of people in a friendship chain on Facebook given that it's mostly the case that 'a friend of your friends knows a friend of their friend'. 99.6% of users were connected by 5 degrees, 92% by four degrees, making the average, 3.74%. [BBC]

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3. Netflix has announced that they will lose money during 2012. Netflix is now hoping to raise some cash in a secondary offering of it's stock, they will sell 2.86 millon shares at $70 in order to obtain immediate cash flow. [CNN]

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4. Wealth management is going mobile as smaller, private banks, start using smartphone apps to communicate with clients. Private banking clients can now track their own stock portfolios through smartphone apps as well as make transfers, wire money and pay bills all from their mobile device. [NY Times]

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5. Apple has won a case on graphic patents against HTC. A agency in the US has ruled that Apple did not violate any of the four patents of which they were accused. This is a small victory for Apple as it continues to be caught up in a number on patent lawsuits. [BBC]

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6. There have been mixed reviews as Google takes on some of Microsoft's turf. Google have launched Google Apps which is similar Microsoft Office. Some businesses have taken on Google Apps for their operating systems which seems to be causing tension between the tech giants. [NY Times]

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7. Groupon shares have taken a major blow over the past couple of days. Since the high of their first IPO, shares dropped 10% on Monday and 15% on Tuesday, making their closing price on Tuesday $20.07, just a few pennies above the IPO price of $20. [CNN]

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8. China is now the largest market in the world for smartphones. Third quarter results show 23.9 million smartphones were shipped to China which was more than the 23.3 million that went on sale in the US. Apple is attempting to make a deal with China Mobile, China's largest phone network with 639 million subscribers, which would lock in the iPhone as China's highest grossing smartphone. [CNET]

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