4 Tech Stock Stories Creating a Buzz on TGIF Day

Amazon.com Inc. (NASDAQ:AMZN): Closing price $297.26

Sources to Game Informer suspect that the online retailer and gadget builder Amazon may be getting an android-based console ready for release this year, probably prior to Black Friday. An Amazon representative, when asked about the possibility, said that the firm does not respond to rumors or speculation. This chatter was only a short time after rumors surfaced that Google was working on a console of its own, though likely in a more extended time-frame.

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Facebook Inc. (NASDAQ:FB): Closing price $38.50

Knowledgeable sources say that Facebook has been planning for months to move into the profitable market for online video ads, but Chief Executive Mark Zuckerberg is averse to annoying the 1.1 billion members. However, the sources say that as early as the autumn, Facebook intends to introduce a video-ad service that will show members 15-second-or-less clips on both smartphones and the Web. It will be necessary for the ads to have sufficient pizzazz so that they will be able to induce brands to shell out some $2 million per day. According to current and former employees and advertisers, since earlier this year, Zuckerberg and his engineers have worried over how to make the ads not so distracting and slow that they put off users, but it appears that the videos will be placed prominently on members’ homepage news feeds.

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BlackBerry Ltd. (NASDAQ:BBRY): Closing price $9.76

Chief Executive Mark Wiseman of Canada Pension Plan Investment Board said he would consider making an investment in BlackBerry Ltd. if it decided to go private, observing that “It’s safe to say that any large deal in Canada or elsewhere is something that we would make sure we took a hard look at. You could say that about that asset.” Canada Pension has already invested and benefited from tech firms; it more than tripled a $300-million investment in Skype Technologies SA in the two years before divesting the stake in 2011 to Microsoft Corp.

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Juniper Networks Inc. (NYSE:JNPR): Closing price $20.91

Juniper share closed down more than 5 percent on the day at $20.92 following its disclosure that it is being investigated for possible violations of the United States Foreign Corrupt Practices Act. The earlier shares touched $20.87 for the largest intraday decline since April 24. The Securities and Exchange Commission and the Department of Justice are both conducting inquiries, according to a Thursday filing. Juniper, as the second-largest manufacturer of networking equipment, generated over half of its sales overseas in 2012, said data compiled by Bloomberg.

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