Incessant gossip surrounding iPad/iPhone releases and future features is the only thing more persistent in the tech rumor mill than the mythical Facebook phone. It’s coming, then it dies, then it’s in production, then it was never even considered; the information coming out of Menlo Park (and Palo Alto when they were there) as well as reliable sources do more flip flops about the Facebook phone than most politicians. Most. Now, it appears that the rumors may have some real weight to them. The project which was reported scrapped last year may have been up and running the whole time. Code-named…

Here’s how it all breaks down: It doesn’t take an astute observer to realize that RIM is dying. It takes even less knowledge of the mobile industry to know that Microsoft desperately wants to compete and excel in phone and tablets. Both companies have problems that are best represented by two companies: Apple and Google. Why doesn’t Research In Motion simply sell at any cost to Microsoft? They are losing executives and cutting employees. No measure of restructuring can save their plummeting market share or improve their dismal outlook. They need help in a big way. Microsoft needs to make some moves….

Google announced they intended to purchase Motorola Mobility last August. Nine months, a go-around with China, and $12.5 billion dollars later, the deal has been completed according to a post by CEO Larry Page. “It’s a well known fact that people tend to overestimate the impact technology will have in the short term, but underestimate its significance in the longer term,” Page said. “Many users coming online today may never use a desktop machine, and the impact of that transition will be profound–as will the ability to just tap and pay with your phone.” Along with the handset giant, Google…