Cambodian police said Tuesday they will deport a Swedish founder of the popular file-sharing site The Pirate Bay as soon as the country's interior minister gives his approval.

Investors fear Samsung's legal defeat in California could have much more serious implications than the $1.05bn in damages awarded to Apple

Facebook shares hit a new low today, as investors and analysts expressed concerns that companies will cut down advertising on the social media site. Shares dropped approximately 4% as of 12:15 pm. Several brokerages cut their price targets on the company shares, saying that lock-up expirations in the upcoming year will affect the share price.

The U.S. Federal Trade Commission is pushing to conclude its antitrust investigation of Google in the next few weeks. FTC staff will present their findings to the commissioners by mid-September. Google has been under scrutiny by the European Commission, the FTC and antitrust agencies in Korea and Argentina.

Facebook updated its standalone camera app to allow mobile tagging, editing, and uploading to specific albums. These developments come after criticisms of Facebook's slow mobile service that uploaded phone pictures only to mobile uploads. Facebook is about to close and obtain FCC approval for its recent acquisition of Instagram, a mobile photo sharing app. The company is looking to expand and strengthen its position in the mobile market, where experts predict social media is headed.

IBM revealed plans to make its smart computer Watson a potential competitor to Siri, Apple's intelligent, voice-activated personal assistant. Watson has already wowed viewers with its jeopardy capabilities. Additionally, some financial organizations have started to use the computer for storing and retrieving financial information. IBM's next step is to make Watson compatible for use on tablets and mobile phones.The new Watson will have more sensory capabilities, including being able to recognize objects it is pointed towards.

HireVue, the maker of a digital interview platform, raised $22 million in funding. Of that, $17 million came in a Series C. HireVue allows candidates to respond to interview questions from the convenience of a computer, smartphone or tablet. In turn, hiring managers can listen to the responses at any time.