LEADING THE DAY: After initial reports circulated on Friday, Chinese-language news sites cited in Business Insider and Bloomberg report that Facebook has struck a deal with search giant Baidu to launch a social networking site in China. According to the reports, the Chinese site would not be integrated with Facebook, which is banned in the country, but would be a new domestic social networking site. There is no confirmed launch date for the new site.
Authorized Jobs biography in 2012: Steve Jobs has authorized biographer Walter Isaacson’s book about the Apple co-founder and CEO, “iSteve: The Book of Jobs.” The book is due to hit shelves from Simon & Schuster in 2012, the Associated Press reported Sunday. Jobs has never given his blessing to a book about his life before. Apple has even banned an unauthorized biography from its stores in the past.
Isaacson is known for his biographies of Albert Einstein and Benjamin Franklin. Jobs has been on medical leave since January, his third since 2003.
Google acquires music start-up:Google has acquired the music start-up PushLife, which lets users transfer their iTunes libraries to other, non-Apple phones. Pushlife announced the acquisition on its Web site, saying it will join Google’s team in Canada and will work on building mobile applications. The service will be discontinued.
On Friday, the Justice Department approved Google’s acquisition of travel-software firm ITA.
Apple will take the tablet lead through 2015: In its latest report, Gartner says the Apple’s iOS platform will be the most dominant platform for tablets through 2015. The report projects Apple will hold 69 percent of the tablet market in 2011 and 47 percent in 2015.
As for Android, the report projects the Google platform will increase its market share in the tablet world to 39 percent in 2015 from 20 percent in 2011. Android has recently emerged as the dominant mobile platform for smartphones in the U.S.
House votes to overturn net neutrality rules: The House approved a proposal to overturn the Federal Communication Commission’s rules on net neutrality late Friday. To be officially overturned, the proposal must pass the Senate and be approved by President Obama. The administration, through the Office of Management and Budget, has already said it will veto such legislation.