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"Welcome to this morning\u2019s edition of \u201CFirst To Know,\u201D a series in which we keep you in the know on what\u2019s happening in the digital world. Today, we\u2019re looking at three particularly interesting stories.\nLinkedIn Reacts to iOS App Privacy Issues\nAfter Skycure Security discovered that LinkedIn sends detailed user calendar entries to its servers \u2014 including subject, location, time of meeting and meeting notes \u2014 the company responded, claiming the feature is opt-in, the info is sent securely over SSL and never stored or shared with a third party. \n\"For those not familiar with our calendar feature, with your permission, we sync with your mobile device\u2019s calendar to provide information about the people you are about to meet by showing you their LinkedIn profile\", wrote Joff Redfern, Mobile Product Head at LinkedIn in a blog post. \n\u201CIn order to provide our calendar service to those who choose to use it, we need to send information about your calendar events to our servers so we can match people with LinkedIn profiles. That information is sent securely over SSL and we never share or store your calendar information,\u201D he added. \n85 Percent of the World's Population Covered by Fast Mobile Internet in 2017 [REPORT]\nMobile broadband subscriptions will reach five billion in 2017, compared to one billion by the end of 2011, a new report by Ericsson predicts. This means about 85% of the world's population will be covered by high-speed mobile internet. \nFurthermore, the study predicts, 50 percent of the world's population will be covered by 4G in 2017, and global data traffic will grow 15 times by the end of that year. \nPanasonic to Bail Out Olympus With $635 Million in Capital [REPORT]\nPanasonic is making final arrangements to provide up to 50 billion yen ($635 million) in capital to the troubled imaging company Olympus, Kyodo news agency reported.\nOlympus is trying to recover from last year's financial scandal, when it was discovered the company hid up to $1.67 billion in losses from its investors.\nOlympus will issue shares to Panasonic in a private offering, sources claim, with the stake being valued at 30 billion to 50 billion yen.\nImage courtesy of iStockphoto, mattjeacock"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2012/06/06/linkedin-ios-app-privacy-issues-and-two-other-stories-you-need-to-know/>