The much rumor acquisition of Face.com by Facebook has been confirmed by Face.com on their blog. Face.com offers facial recognition technology which is already in use at Facebook for auto-tag suggestions when users upload photos to Facebook.

Nokia has just announced that it will be laying off 10,000 employees by 2013 as a part of cost cutting strategy. Nokia plans to reduce research and development projects. Apart from that Nokia has also announced that it will be paying more attention to its location based Navteq services.

Not that anyone cares or uses Hotmail, but it seems like Microsoft is bringing the Metro-style UI to its web based email service — Hotmail. Liveside has got hold of screenshots of the new Hotmail or “Newmail”, as Microsoft is likely to call it, with Metro UI.

Now according to the recent report by Reuters, Intel is planning to get into TV business. But it’s becoming a challenge to the chip maker as major media content providers are unwilling to let Intel unbundle and license specific networks

Google has announced that it will start integrating AdMob with Adwords. That is, advertisers can now buy mobile display ads from within AdWords account.

Of late, Google has been on acquisition spree. Today, Google has announced that it has acquired QuickOffice, cross-mobile-platform productivity suite for an undisclosed amount. Quickoffice allows users to create and edit documents like Microsoft Word, Excel and PowerPoint documents on their mobile devices.

Samsung Electronics Co. Ltd., has announced that it has acquired Nanoradio AB, a Swedish developer of ultra low-power wireless LAN chipsets for mobile phones.

PriceBaba, a shopping intelligence engine, announced the launch of its services albeit in beta. PriceBaba aims to provide the best (read lowest) prices, deals and availability to help shoppers make an informed purchase decision.

Kleiner Perkins partner Mary Meeker at the D10 Conference gave her latest presentation of Internet Trends. Our take away from her presentation? Well, Mobile internet usage has surpassed desktop internet usage in India, as of April 2012.

Nokia PureView 808, a Symbian handset with 41 Megapixel camera sensor, has finally made its way in to the Indian Market. Priced at Rs. 29,999, the device is available at Nokia’s online store. However, users can only get their hands on Nokia PureView 808 in Black. Customers interested in the crimson blue color might have to wait until first week of June.

Intex Technologies, today announced the launch of its new tablet- iTab, at Rs 8900. Earlier this month, the company unveiled the tablet in Jaipur with the IPL team, Rajasthan Royals.

Facebook is working on yet another acquisition, reports Techcrunch. This time, it is planning to acquire Face.com for $100 million.

If New York Times’ Nick Bilton has to be believed then, Facebook is preparing for its own mobile phone, its third attempt. While most of the tech blogs are convinced that Facebook has the right features to go ahead with this deal — Facebook message for messaging, Facebook App center for app store, Facebook Camera, and it might soon have its own browser.

Research In Motion’s (RIM) popular messaging app, BlackBerry Messenger (BBM), which RIM was supposed to bring to other platforms including Android, iOS, and Windows Phone has now canned its further development.

In the Google-Oracle billion dollar lawsuit case, the jury has come out with its decision: Google has not infringed Oracle’s patents with Android. Oracle was looking to get $6 billion from the lawsuit. However, now it will go home empty handed.