Courtesy of SV411.com, here’s a quick rundown of the latest technology news in Silicon Valley:

Early Facebook investor Sean Parker and Napster founder Shawn Fanning announced a new live video service called Airtime that will operate on the platform of Facebook, showing users similar interests or mutual friends they share.

Google has invented the dorkiest backpack ever to capture images for Google Street View in places that wheeled vehicles can’t go, like shopping malls, beaches and wilderness trails.

After the introduction of HP’s new laptop, the ENVY Spectre, CEO Meg Whitman said last week that she expects HP’s turnaround to take four to five years.

Facebook launched its App Center last week, featuring a wide variety of popular iOS, Android, web, mobile and desktop apps.

Google co-founders Larry Page and Sergei Brin are being questioned by the Federal Trade Commission about potential illegal activity regarding search rankings and advertising rates for competitors of Google products.