The Associated Press reports on a new initiative from the U.S. government to help push schools and textbook companies make the transition to digital textbooks over the next five years

While companies such as Avid and Adobe have attempted to capitalize on Apple's Final Cut Pro X missteps by wooing users in need of professional video editing and production software, AllThingsD notes that Avid is pushing forward on the mobile "prosumer" front with its just-launched Avid Studio [ App Store ] app for iPad. The iPad obviously imposes some limitations on what can be done with the software compared with the full Avid Studio for Windows, but Avid suggests that it is full-featured enough to be used for editing on the go and is ideally suited as a companion to the desktop app. The idea is that the iPad app and the desktop software are complementary, [Avid vice president Tanguy] Leborgne said, so that users who want to create and edit projects on the go can do so, but ultimately preserve them by taking them to the PC

The Commercial Times relays a report from Daiwa Securities that the iPhone 5 is expected to launch at Apple's Worldwide Developer's Conference (WWDC) to be held in June 2012.

Research firm IDC today released its estimates of global mobile phone sales for the fourth quarter of and full-year 2011, finding Apple moving past LG to claim third place in the rankings for the first time.

Facebook on Thursday activated its Timeline feature for all users of the social network. Facebook’s Timeline totally revamps a user’s profile page and lists events, such as check-ins, new friends, photos and more, in chronological order

As if we needed more proof that Facebook remembers everything a user does on its website, 24-year-old Max Schrems of Vienna, Austria asked Facebook for a copy of all the data the social network has on file for him and not surprisingly, he got back a CD with a whopping 1,222 PDFs documenting his every move.

It’s Facebook infographic time again, and the latest one covers the possibility that Facebook, Twitter and other online social networks might just be able to help you land your next job, believe it or not. The infographic, which references places such as LinkedIn , CNN, JobSearch and MarketWire, comes up with some interesting numbers and conclusions, not least the one that says that 18.4 million Americans claim that Facebook is responsible for them being in their current job.