Facebook, Inc. (NASDAQ:FB): The Wall Street Journal reports that it will not be easy for firms considering lawsuits having to do with Facebook’s IPO trading losses. Nasdaq feels safe because it is protected by contracts with members and by its unusual legal status, as both a regulatory body and a business making money by running markets. The shares traded up $0.49 (1.73%) recently at $28.78.
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Apple Inc. (NASDAQ:AAPL): According to Digitimes, Qualcomm (NASDAQ:QCOM) and Broadcom (NASDAQ:BRCM) have started production on 4G baseband and Wi-Fi chips for the new iPhone using TSMC’s (NYSE:TSM) 28nm process.
Google Inc. (NASDAQ:GOOG): As YouTube begins pushing for professional content, it considers selling subscriptions to gain access to some features. Division chief Salar Kamangar indicates that some small channels obtaining minimal affiliate fees from pay-TV providers and some existing content providers might be included. The FCC considers if is should regulate online video sites in a similar way to pay-TV providers, guaranteeing them access to the same content.
Microsoft Corporation (NASDAQ:MSFT): Sources have told The Wrap and AllThingsD, that Windows intends to announce plans for Windows 8 tablets at an important L.A. event on Monday. Microsoft has allegedly decided it is necessary it have its own no-compromise hardware to created competition for Apple (NASDAQ:AAPL), and it may possibly sell ARM-based (NASDAQ:ARMH) and Intel/AMD tablets. This could pressure some PC OEMs, especially since Microsoft is expected to charge huge license fees for the Windows 8 tablets.
Intel Corporation (NASDAQ:INTC) plans to hold a July conference with companies based in Taiwan which are focused on the supply chain about reducing production costs for the next-generation notebooks, Digitimes reports. The shares traded up $0.21 (0.78%) recently at $27.1911.
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