Google to Expand YouTube and 4 Tech Titans on the Move
Facebook’s (NASDAQ:FB) shares were downgraded from Neutral to Sell Monday morning by Richard Greenfield at BTIG who said that “we see a growing tension between the Facebook user experience and monetization.” Basically, the firm faces a dilemma as how to maximize revenue from ads and not annoy users. For his part, Greenfield believes that Facebook is trying harder to obtain ad revenue through mobile channels and that will generate problems in the future.
Apple’s (NASDAQ:AAPL) and Research in Motion Limited’s (NASDAQ:RIMM) pending inquiry has prompted a comment by Unwired Planet (UPIP) in the ITC: “On Friday, September 28, 2012, Administrative Law Judge E. James Gildea issued a Markman order which provides the meaning of disputed terms in the claims of the patents at issue. In response to a Motion for Clarification filed by Unwired Planet on Monday October 1, the ALJ then issued an additional Order on Friday October 5. In these orders, all four patents in the ITC case have been construed in at least one way that significantly weakens the Company’s infringement case. While disappointing, Unwired Planet believes it is important to note that this result has no impact on any patents in the Company’s pending cases in Nevada, no impact on any other patents in the portfolio except possible implications for the patent family members of the patents-in-suit, and is not binding upon the Federal Judge in the pending Delaware equivalent case. As such, these events do not materially impact the Company’s long-term plans; as noted, this Markman decision impacted only a small fraction of the Company’s 200 patents.”
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Google’s (NASDAQ:GOOG) YouTube is expanding a program globally through which it might shell out hundreds of millions of dollars to media firms and celebrities to produce content for the site in order to bring more ad dollars, according to the Wall Street Journal. YouTube has reached arrangements to pay cash advances to video producers in France, Germany, the United Kingdom and in the United States to create more than 60 original channels on the site in categories like health, sports and comedy.
Microsoft Corporation’s (NASDAQ:MSFT) Skype might be changed to allow Polycom (NASDAQ:PLCM) customers to easily add anyone onto the site through Polycom RealPresence CloudAXIS Suite, as was announced earlier Monday by the latter. RealPresence CloudAXIS consists of a suite of software that runs on the Polycom RealPresence Platform in private enterprise clouds or public clouds and it securely extends enterprise-grade video and content collaboration outside the firewall to other businesses and consumers through a browser.
Intel Corporation (NASDAQ:INTC) has not finalized the power management software for Clover Trail thus far, causing Microsoft to hold off its approval of any of the tablets, according to Bloomberg. Both firms refused to comment on the report, but an inside source has told Tom’s Hardware that the problem is not due to a delay of the management software, but from an isolated vendor holdup. In addition, the power management software for Clover Trail is said to be “all good” and there are no expected delays in the availability of Clover Trail tablets from Intel’s and Microsoft’s end.