8 Samsung phones face bans; Germany to sue Facebook

Following its court win, Apple is seeking bans on the sale of eight Samsung phones, reports Reuters.

The company’s wasted no time in compiling a list of its targets, which includes the Galaxy S2 and Droid Charge.

Already the world’s most valuable company, Apple’s stock hit a new high last week after a four-month swoon. Its hit $644.13 in morning trading on Friday. The previous high for the stock was $644, hit on April 10, 2012.

The stock is spiking due to investors looking ahead to the release of a new iPhone and possibly a smaller iPad. A Jefferies & Co. analyst raised his price target on the stock to $900 from $800 on Friday, saying an iPad Mini is in production in China. His belief is based on supplier reports, contract manufacturers and contacts in the region.

Analysts also say the iPhone 5 will go on sale in late September. Rumored upgrades include the ability access the latest wireless data networks in the U.S. and a slightly bigger screen.

Meanwhile, media giant Facebook is facing its own legal battle.

Huffington Post reports a consumer protection group in Germany has served the site with a cease and desist letter, claiming it’s breached German privacy laws.

The group has threatened to sue if the social site doesn’t stop providing third party apps with user information within the week.

Staff

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