Mobile phones, the ultimate gadget in this wireless and busy world. And with this much reach your phone has also made some enemies that are always there to harm your phones data either by installing malicious codes or by some sort of physical attacks.

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The ongoing legal wars between Nokia and Apple are heating up. Nokia is slapping Apple with another lawsuit, this time alleging that Apple’s iPhone and iPad 3G products infringe five Nokia patents. The complaint was filed in the Federal District Court in the Western District of Wisconsin.

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We’ve written about NearVerse’s compelling proximity-based social network packaged in an iPhone app, LoKast. Launched at SXSW two months ago, LoKast, which is actually short for “local-casting,” allows you to set up a profile that will list all of your photos, selected contacts, videos, web links and music on your mobile phone. You can select which content you’d like to include to the public and which content you’d like to keep private. When a LoKast user is in proximity (300 feet) of other LoKast users, the app will automatically discover other users nearby and allow the user to view and download their content. The iPhone app is seeing steady adoption, with 125,000 downloads, most of which related to music and live events.

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Editor’s note: Michael Seibel is the CEO of Justin.tv, the largest live video site on the Web. In this guest post, he addresses the challenges of live video on the Web and how to set it free (hint: it’s all about mobile).

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It was almost exactly a year ago when OneRiot launched its realtime search engine. At the time, the playing field was much different. “Realtime” was just emerging as a hot buzz word, and Twitter had about half of the features that it has now. Facebook had just started going realtime, and I’d argue that FriendFeed was still the actual king of realtime (obviously, this was before Facebook bought them). A lot has changed in a year.

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Facial recognition technology startup Face.com publicly launched at last year’s Techonomy event in Tel Aviv, Israel. Today thus marks an excellent time for them to make some announcements, as it is the evening prior to Techonomy 2010, which I’m attending.

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It is only Monday, but Canadian seed investor and serial entrepreneur Austin Hill is having a pretty good week. Two of his portfolio startups were acquired this week. The biggest exit was BumpTop, which Google snapped up for a rumored $25 million to $35 million. Hill was one of the first seed investors in BumpTop, which raised less than $2 million total. BumpTop’s 3D desktop interface and multitouch gestures may appear in teh future in Android phones, Chrome OS tablets, or maybe even a GPad.

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