3 Tech Stock Stories for a Monday Download

Time Warner Cable (NYSE:TWC): Current price $95.96

On Sunday, the number-two domestic cable company reported that intermittent technical problems have been preventing some customers from using its home-phone service. Spokesman Bobby Amirshahi said in an e-mail that over 800,000 customers were potentially affected, and that, “There’s a technical issue preventing a limited number of our home phone customers from placing or receiving calls on an intermittent basis. Our engineers are working on the problem to restore service as quickly as possible.”

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Microsoft Corporation (NASDAQ:MSFT): Current Price $28.50

Gartner predicts that PCs will lose consumer market share during the next five years, while they are weakened by a skyrocketing tablet field that might add six new devices for every laptop or desktop the PC industry loses. Beyond that, the research firm expects over 270 million units to be shipped in 2013, marking a steep 20.4 percent decline from last year’s disappointing 341 million. These projections could herald a major realignment to the tech world’s hierarchy, with Microsoft particularly on track to lose ground.

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Vodafone Group (NASDAQ:VOD): Current price $28.49

The Department of Telecommunications of India has directed Vodafone Group’s local division and Idea Cellular to cease third-generation services by Monday in a number of service areas that do not hold bandwidth, said Fox Business. The department also imposed a fine of $100.3 million on Vodafone India and 3 billion rupees on Idea Cellular, according to an official who wished to remain anonymous. Vodafone India will have to shut down its 3-gigabyte services in 11 service areas and Idea Cellular in 10.

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