3 Tech Stock Stories for a Friday Download

Amazon.com (NASDAQ:AMZN): Closing price $254.81

LivingSocial, The daily deals site partly-owned by Amazon, has sustained a massive cyber attack on its computer systems. An email that was just sent to employees and obtained by AllThingsD, said the attack caused “unauthorized access to some customer data from our servers.” The breach has affected some 50 million customers, who will now have to reset their passwords. All of LivingSocial’s countries worldwide seem to have been affected, except in Thailand, Malaysia, Indonesia and the Philippines, as LivingSocial divisions Ticketmonster and Ensogo are on separate systems. However, the email sent to employees and customers said that neither customer credit card nor merchant financial data was accessed in the cyberattack.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

AMZN

Intel Corporation (NASDAQ:INTC): Closing price $23.40

Cnet.com is reporting that Intel’s fourth-generation core “Haswell” processor will debut on June 3rd. A spate of desktops, laptops, convertibles, detachables, and tablets is expected to follow. On Friday, Intel said in a statement that ”In approximately 3,337,200,000,000,000 nanoseconds, Intel will reveal all there is to know about the highly anticipated 4th generation Intel Core processor family.”  The release dates are set for June 3rd in the United States and June 4th in Taiwan, where it will be launched at Computex.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

INTC

Google (NASDAQ:GOOG): Closing price $801.42

The startup Wavii is now confirming that it has indeed been absorbed into Google. Wavii’s Web site presently carries only a single message on a single page, headlined: “We’re excited to announce that Wavii has teamed up with Google!” Beyond that, the Wavii logo now appears in the colors of Google’s own logo. However, no other details were immediately available. Earlier in the week, citing a single source, TechCrunch reported that Google had purchased Wavii for over $30 million.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

GOOG

Don’t Miss: Has Amazon Uncovered the Secret to Increased Profitability?

More Articles About:   , ,  

More from The Cheat Sheet