This Morning’s Top 3 Stories in Tech & Business

By WireINPUT -
Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. We’re keeping our eyes on three particular stories of interest today.

Apple to Challenge Facebook With iPhone “Photo Streaming?”

In an early developer build of the upcoming iPhone operating system iOS 4.3, sleuths have found evidence that Apple might introduce a social media capability called “Photo Streaming.”

ARM and IBM Partner on New Mobile Chipsets

IBM and ARM have announced that the two companies will be partnering on advanced semiconductor technologies designed to power the next generation of mobile gadgets.

Amazon Acquires Entertainment Subscription Service

Amazon.com has acquired the remaining shares in European home entertainment subscription service Lovefilm (LOVEFiLM), the company has announced.

Further News

* Collecta, a real-time search engine that launched in June 2009, has quietly shuttered its main product; the team is returning “back into the woodshed,” in the words of CEO Gerry Campbell, to work on new ideas and new directions.
* Chinese environmental groups have called out Apple for poor green and safety standards in its Chinese supply chain, which has resulted in the poisoning and injury of some workers.
* Social game developer Kabam has raised $30 million in funding from Redpoint Ventures, Intel Capital and Canaan Partners in order to create multiplayer social games for hardcore gamers.

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