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8 June 2012 | Reuters
8 June 2012 | The Guardianblogpost late on Thursday, confirming its first major move into a booming market of gaming, lifestyle and productivity applications. The app store will be available only to US users from Friday, opening to each of Facebook's 901 million users in the coming weeks. It will feature 600 apps, including the popular Draw Something and Pinterest, and new games such as Jetpack Joyride and Ghosts of Mistwood. The move is designed to keep Facebook users on the social network for longer, giving them less reason to leave the site for a rival platform. However, the focus on mobile apps is likely to attract criticism from those who see them as harmful to the future of the open web. Facebook has already faced criticism from internet rivals such as Google for its so-called "walled garden" approach to what can and cannot be released on its platform. The app store will be available on Facebook's iOS and Android apps, as well as on the main website. Users can send an app on the website to be downloaded onto their mobile device.
8 June 2012 | Rapid TV News
8 June 2012 | Wall Street Journal
8 June 2012 | Biz Journalsstudy, by the Pew Research Center , found that 53 percent of older Americans use the Internet or email. And just over a third (34 percent) use social networks like Facebook Inc. (NASDAQ: FB), with 18 percent of them doing so every day. Email, having been around a long time, is widely used, with 86 percent of Internet users 65 or older using it, and 48 percent of them doing so every day. The study, for Pew's Internet and American Life Project, found that 69 percent of older Americans have a mobile phone, up from 57 percent two years ago. Even among those 76 or older, 56 percent have some type of cell phone, also up from 47 percent two years ago. The so-called "G.I. Generation," as those 76 or older are named, still has a far lower level of Internet use. Just 34 percent of them use the Internet and 21 percent have home broadband.
8 June 2012 | Yahoo.comblog post pooh-poohing the Eastern European country's economic recovery. Krugman wrote that defenders of Europe's austerity measures often point to Estonia's economic recovery to defend their policies. He included a chart that showed the country's rising GDP and added: "Better than no recovery at all, obviously—but this is what passes for economic triumph?" Estonia's president, Toomas Hendrik Ilves, struck back on Twitter. "Let's write about something we know nothing about & be smug, overbearing & patronizing: after all, they're just wogs," Ilves wrote, using the derogatory British slang term for dark-skinned people from Africa or the East. "Guess a Nobel in trade means you can pontificate on fiscal matters & declare my country a 'wasteland'. Must be a Princeton vs Columbia thing," he added, referencing the university where Krugman teaches and his own alma mater. (It's unclear when and if Krugman actually called Estonia a wasteland, even though Ilves puts the word in quotes.) So far, Krugman hasn't joined in the Twitter fight.