4 Tech Stock Stories From Big Names on Tuesday

Google (NASDAQ:GOOG): Closing price $883.48

GlassTesla, a new Google Glass app introduced Monday, allows owners to control their high-tech car with the use of eyewear. The unofficial Tesla (NASDAQ:TSLA) application was built by entrepreneur and developer Sahas Katta, and enables users to perform tasks such as turning the charge function on and off, locking and unlocking doors, and opening and closing the sunroof. Users can also locate their car, get directions to the closest charging station, and remotely access the car’s climate-control features. The app does not currently offer voice-activated commands, but Katta said that he plans to add that feature soon.

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GOOG

Microsoft Corporation (NASDAQ:MSFT): Closing price $33.97

On Tuesday, Microsoft said it intends to make its next version of Microsoft Dynamics CRM available in the fall. The new version was created to redefine how businesses engage with their customers, and represents the approach that Microsoft Dynamics takes to developing and delivering business solutions that place people at the center. The release is available both online as Microsoft Dynamics CRM Online Fall ’13 and on-premises as Microsoft Dynamics CRM 2013.

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MSFT

Facebook (NASDAQ:FB): Closing price $24.40

Hoping to find something other than advertising that could finally contribute direct revenue from the mobile gaming ecosystem, Tech Crunch reports that Facebook is collaborating with a group of small mobile game developers to do publishing. The company is offering distribution through mobile ads in return for a cut of revenue, according to the publication’s sources. Facebook confirmed it is working on tests for new mobile game distribution. While Facebook has been earning more than $200 million per quarter from payments and other fees, it has not yet simulated that business on mobile devices — Apple and Google both control the two major smartphone app stores and already get a 30 percent cut on digital transactions.

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FB

Intel Corporation (NASDAQ:INTC): Closing price $23.72

According to a senior Israeli government official speaking to the Yedioth Ahronoth newspaper on Tuesday, Intel is in discussions with the government in regards to a $10 billion investment in Israel. Director Nahum Itzkovich of the Economy Ministry’s Investment Centre said in his first interview since taking the position: “Intel is talking with us about a huge investment of $10 billion. We are engaged in intensive negotiations with Intel.” An investment of $3 billion to upgrade the existing Fab 28 factory in the southern town of Kiryat Gat, together with another $7 billion in a new factory in the town in the next ten years is being discussed, according to Itzkovich.

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INTC

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