Apple Tries to BUY TIME in Patent War and 4 Tech Titans in Demand
Facebook, Inc. (NASDAQ:FB): The SEC has begun investigating Nasdaq’s (NASDAQ:NDAQ) actions in regards to Facebook’s IPO issues, reports the New York Times citing sources. The newspaper adds that Nasdaq is being investigated about whether or not the exchange was not properly tested in its trading systems, and whether or not if violated rules pertaining to computer code rewrites in an attempt to increase trading. The shares traded up $1.49 (4.68%) recently at $33.33.
Apple Inc. (NASDAQ:AAPL) continues its attempt to purchase time in its patent dispute with Eastman Kodak. Thursday, Apple requested that a judge have Kodak’s patent infringement suit reviewed by a federal district court jury opposed to a federal bankruptcy court. This could hugely affect Kodak’s intentions to auction its patent portfolio in August. Kodak received a negative ITC ruling in May and sued Apple recently for trying to interfere with Kodak’s patent sale.
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Google Inc. (NASDAQ:GOOG): Citi’s Mark Mahaney provides more upbeat commentary, estimating YouTube will generate net revenue of $2.4B in 2012. That’s up from a prior estimate of $1.7B, an increase Mahaney attributes to surging traffic and improved ad monetization. Definitely helping matters is the fact much of YouTube’s recent traffic growth has come from professional content, which is proving easier to monetize than the amateur content that drove much of the site’s early growth. Is Larry Page’s health something for Google investors to be worried about? Page missed yesterday’s shareholder meeting, where a “stock split” that strengthens his voting power was rubber-stamped, and he also will miss next week’s Google I/O developer’s conference and the company’s Q2 earnings call – the latter is roughly a month away. JPMorgan’s Doug Anmuth also notes Page hasn’t posted on his Google+ page since May 25.
Microsoft Corporation (NASDAQ:MSFT): Because of the huge Windows 8 hype, there will probably be some blowback. The Time’s Harry McCracken notes Microsoft’s history of providing “extremely rough drafts” of products that weren’t near to finished. ABI Research, predicts that only 1.3% of 2012 shipments will be Windows tablets.
Intel Corporation (NASDAQ:INTC): According to Digitimes, Microsoft Surface’s ARM-based version, featuring an NVDA chip, will cost over $599 and the Intel version will exceed $799. The reported price for the ARM-based version would give the iPad a run for its money. Also, Computerworld’s analysis of Microsoft’s (NASDAQ:MSFT) battery info causes speculation that the Surface will possess worse battery life than the iPad.
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