Corporate and legal

Groupon is not racing to find a new CEO, say the interim leaders who've been running the show since the company's founder resigned earlier this year.

Speaking to The Wall Street Journal in an interview published on Tuesday, Groupon's interim CEOs Ted Leonsis and Eric Lefkosky said that "are not in a rush" to name a new, permanent chief executive, adding that they have only just kicked off the process of finding a replacement.

"We want to bring in a world-class leader, but the talent pool is not huge," Leonsis told the Journal. &… Read more

The Bahraini government started the process of revising its penal code last month to allow officials to jail anyone who insults King Hamad bin Isa Al Khalifa, according to Amnesty International.

It appears that the government is now taking action.

Six people were sentenced to one year in prison on Wednesday for allegedly insulting the King on Twitter, according to Al Jazeera.

The criminal court ruled that these people were "misusing the right of free expression" and their tweets were "undermining the values and traditions of Bahrain's society towards the king on Twitter."

Bahrain, which … Read more

SAN FRANCISCO--Google Wallet is growing up and it's not just about paying for stuff by tapping your phone anymore.

On Wednesday, the company made three announcements at its Google I/O developer conference with regard to Google Wallet that take the service well beyond specialized tap and go technology to make Google Wallet more usable on the Web.

"We are not pulling away from NFC," Peter Hazlehurst, director of product management for Google Wallet said in an interview. "We are simply making a much richer Wallet experience. There are still places where NFC can't be … Read more

Twitter CEO Dick Costolo gave a rundown on life, goals, and business at the social network during an interview Wednesday at the National Venture Capital Association's VentureScape, according to the Mercury News.

Addressing whether Twitter will go public (no), who he admires (Amazon CEO Jeff Bezos), and what annoys him (Silicon Valley snarkiness), Costolo riffed on what it's like steering the helm of one the world's top social networks.

"One of the things I'm always challenging people inside the company is, you have to take more risks," Costolo said, according to the Mercury News. &… Read more

Allure Energy sued Nest Labs yesterday, claiming that the company's much-celebrated Nest Learning Thermostat infringed on its patent.

Filing the suit in the United States District Court for the Eastern District of Texas, the Austin, Texas-based Allure alleged that its patent for the invention of an "Auto-adaptable energy management apparatus" trumped Nest's right to develop, market, and sell a smart thermostat.

Allure said it first began designing its product, which is known as EverSense, in 2009, and filed it patent application in 2010. The company said in a release that it also got a patent for &… Read more

AT&T seems perfectly willing to let Google blaze the trail when it comes to fiber-optic deployment.

Google has said it plans to deploy its fiber network in select neighborhoods in Austin, Texas. AT&T said it would also like to build a fiber network -- under the same kinds of terms and conditions.

"We will probably piggyback on the rules and terms and condition that Google received in Austin and do our own build in Austin," CEO Randall Stephenson said Wednesday at a J.P. Morgan tech investor conference in Boston, which offered a live … Read more

PayPal is taking a major leap into the payment-processing space: it's eliminating fees for businesses that sign up for its service.

The news was announced on Tuesday by PayPal president David Marcus, who said that any business that dumps its old point-of-sale (POS) services in favor of PayPal Here -- the company's mobile-payment-processing service -- or another POS offering that integrates PayPal's technology, it'll wave fees through the rest of the year.

"We will offer free credit, debit card, check, and of course PayPal processing for the remainder of the year to any qualifying U.… Read more

ORLANDO, Fla.--If there's one message BlackBerry wanted to convey at its annual confab, it's this: "We're back."

"It hasn't been that easy, and there's still a lot of work to do, but man, have we reached solid ground with this company," CEO Thorsten Heins said during his keynote address at BlackBerry Live on Tuesday.

BlackBerry was busy Tuesday, offering a smorgasbord of news. There was the device announcement in the form of the budget-friendly BlackBerry Q5. There was the updated BlackBerry Enterprise Server 10.1 for the business-minded. There was … Read more

Wireless consumers with a charitable conscience now have a wireless service built just for them.

The new prepaid service GIV Mobile launches Wednesday. The service, which basically resells T-Mobile network service, is unique in that it allows customers to designate up to three charities as recipients of monthly charitable contributions. The company says it will donate 8 percent of the monthly service fee or up to $50 a year directly to these designated charities.

This means that 8 percent of the $40 or $50 you pay each month for unlimited voice, text messaging and data service will automatically be contributed … Read more