DailyDose: Facebook Changes Privacy Settings, Andreessen denies Internet bubble

Facebook Changes Privacy Settingsfacebook_logo

Facebook is making changes to its privacy settings. First, it is improving some privacy protections. The company is adding a new top-level control, called Privacy Shortcuts, that will allow people to quickly change who can see their “stuff” (as Facebook calls it) and who can contact them through the Web site. The shortcut will also feature a one-button link to block someone on Facebook. [Source]

Google Chairman Says Android Winning Mobile War With Apple

Google’s Android is extending its lead over Apple Inc in the mobile-software market at a rate that compares with Microsoft Corp expansion in desktop software in the 1990s, Google Chairman Eric Schmidt said.

Booming demand for Android-based smartphones is helping Google add share at the expense of other software providers, Schmidt said yesterday in an interview at Bloomberg’s headquarters in New York. Android snared 72 percent of the market in the third quarter, while Apple had 14 percent, according to Gartner Inc. Customers are activating more than 1.3 million Android devices a day, Schmidt said. [Source]

Texas Instruments Forecasts Sales In Line With Estimates

Texas Instruments Inc. the largest maker of analog chips, gave an updated fourth-quarter sales forecast that was in line with analysts’ estimates as customers seek to keep inventory low amid lackluster demand.

Sales will be $2.89 billion to $3.01 billion, the Dallas- based company said yesterday in a statement. Analysts on average projected revenue of $2.95 billion, according to data compiled by Bloomberg. In October, Texas Instruments had said sales would be $2.83 billion to $3.07 billion. [Source]

McAfee arrives in U.S. from Guatemala

Computer software pioneer John McAfee, who is wanted for questioning in Belize over the murder of a fellow American, arrived in Miami on Wednesday evening after he was deported by Guatemala, according to fellow passengers on an American Airlines flight.

After landing, McAfee, 67, was escorted from the plane by airport security officers, passengers said. Shortly afterward, he tweeted, “I am in South Beach,” referring to the popular tourist area on Miami Beach.[Source]

Andreessen denies Internet bubble, advises Times to stop printing

Far from experiencing a bubble, Silicon Valley has been in the throes of a “technology depression,” Netscape co-founder and venture capitalist Marc Andreessen said at the New York Times Dealbook conference on Wednesday.

While conventional wisdom holds that social-networking website Facebook Inc’s (FB.O) initial public offering pricked a bubble that was taking hold around privately held consumer Internet companies, Andreessen expressed skepticism.[Source]