4 Tech Stock Stories Ready for a Midweek Download

Google Inc. (NASDAQ:GOOG): Closing price $918.55

Google debuted a new version of its popular Maps application for iOS, and has finally added support for Apple Inc.’s iPad and iPad mini devices, so that users don’t need to use Apple Maps. First reported by 9to5Mac, the app update brings Google Maps for iOS in line with the most recent version for Android. The main additions include navigation that helps users avoid bad traffic conditions, and a new “Explore” option that allows browsing for nearby restaurants, bars, and shops with only a few taps.

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GOOG

Nokia Corp. (NYSE:NOK): Closing price $4.04

China-based tech.sina.com. reports that Nokia Siemens Networks has offered the lowest prices in an offer to supply some 207,000 TD-LTE base stations to China Mobile, and that Nokia Siemens’ quotes are even lower than those by suppliers based in China, including Huawei Technologies and ZTE. For TD-SCDMA, suppliers there comprise over 80 percent of the base stations China Mobile has obtained, said the source.

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NOK

Groupon (NASDAQ:GRPN): Closing price $8.85

Groupon’s rival LivingSocial confirmed that it’s shutting down its New York office at 101 Fifth Avenue, and is terminating its local events division. This comes less than a month after LivingSocial shut down its Seattle office, reportedly asking their Seattle employees to telecommute. The New York staff — which includes sales and advertising employees — will also work remotely, as the company exits its New York headquarters in Midtown. It was said that the headquarters had taken up the building’s entire fifth floor, or 60,405 square feet.

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GRPN

Intel Corp. (NASDAQ:INTC): Closing price $24.15

Intel said Tuesday that it has closed on a transaction to purchase the Israel-based, motion-sensing software developer Omek Interactive. Intel Israel public relations manager Guy Grimland told PCMag, “The acquisition of Omek Interactive will help increase Intel’s capabilities in the delivery of more immersive perceptual computing experiences.” Grimland also said that Intel is not reporting the terms of the deal, or the “timelines on future products that integrate this technology.” However, earlier on Tuesday, Geektime.com said that the chip giant will shell out $40 million for Omek.

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INTC

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