Google Settles Copyright Battle and 4 Tech Titans on the Move
Facebook, Inc. (NASDAQ:FB) has faced a ton of lawsuits, and the NASDAQ exchange along with various underwriters are to be consolidated before a federal judge in New York, who has to sort through the legal issues regarding Facebook’s botched initial public offering. On Thursday, a panel of federal judges ordered that cases that were filed nationwide be transferred to U.S. District Judge Robert Sweet in Manhattan. Facebook requested the consolidation, as a few investors sought to keep their cases in California.
Apple Inc. (NASDAQ:AAPL) decision to give the iPod touch a price starting at $299 does not give much leeway for the iPad mini’s pricing. A price of $350 may be too much when a full-sized iPad 2 costs $399, and the most recent model is only an additional $100. Since As Apple continues to think that its loyal customers will pay $40 for a cable or $9 for a wrist strap, and maybe people will pay whatever the price is for the iPad mini.
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Google Inc. (NASDAQ:GOOG) along with major book publishers have settled a long lived legal battle regarding digital copyrights, but there is still a bigger dispute as thousands of authors argue that Google has been illegally gaining profit from their works.The truce that was announced on Thursday will complete a federal lawsuit that was filed during 2005 by various the Association of American Publishers members after Google Inc. started to stockpile its Internet search index with digital duplicates of books that were scanned from libraries.
Microsoft Corporation (NASDAQ:MSFT): According to a German regional court, Google’s (NASDAQ:GOOG) Motorola Mobility unit is not guilty of infringing a Microsoft patent by allowing applications to work on different handsets, according to Reuters.
Intel Corporation (NASDAQ:INTC): One of Intel’s goals with Haswell, which is the CPU architecture predicted to replace the current Ivy Bridge processors next year, is to get the CPUs included into more tablets. Ivy Bridge processors are to appear in a few Windows 8 tablets (like Acer’s Iconia W700) this year, but tablets that run Haswell chips may be both thinner, lighter, have improved battery life. AnandTech’s analysis of the new architecture reveals the manner in which Intel intends to get its high-end tablets to use less power.
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