Microsoft Offers Win8 UPGRADE and 4 Tech Titans on the Move
Facebook, Inc. (NASDAQ:FB): Facebook, Inc.’s shares fell below $19 before bouncing back to close at $20.01. In a regulatory filing, it was disclosed that Peter Thiel, one of Facebook’s earliest investors and a member of the board, was among the insiders selling stock after the lock-up period had expired. He sold about 20 million shares for $19.27 to $20.69 each, through affiliates. Their shares traded down $0.74 (3.70%), they were recently at $19.27.
Apple Inc. (NASDAQ:AAPL): Apple sort of became the most valuable United States company in history. The company’s market capitalization surpassed the previous record of about $619 billion achieved by Microsoft in December 1999, though that figure ballooned to $842.5 billion due to inflation. According to Topeka Capital Markets analyst Brian White, Apple will soon become the most valuable company of all time, with or without inflation, as their market cap sails to $1 trillion and beyond. The shares traded down $7.40 (1.11%) recently at $657.76.
Google Inc. (NASDAQ:GOOG): According to the Wall Street Journal, over the last two months, a battle over who uncovered Google’s (NASDAQ:GOOG) privacy violations leading to a $22.5 million fine had been staged in the Blogosphere about whether or not Stanford researcher Jonathan Mayer was behind the government investigation. However, the Federal Trade Commission had launched their investigation before Mayer brought it to their attention. Their shares traded down $8.97 (1.33%), they were recently at $666.57.
Microsoft Corporation (NASDAQ:MSFT): Microsoft began taking orders for the $14.99 Windows 8 upgrade, promised to customers who purchased a new Windows 7 powered PC in the last 11 weeks. People who bought an eligible Windows 7 machine starting in June 2 can now file an online form to queue up for the Oct. 26 delivery of the upgrade. Their shares traded up $0.06 (0.18%), they were recently at $30.80.
Intel Corporation (NASDAQ:INTC): Organizations traditionally run their data centers at 64 to 70 degrees Fahrenheit to keep their servers from overheating. Keeping the facilities running at such low temperatures requires large cooling systems that put a heavy financial burden on companies and a strain on power grids. They are looking into cheaper ways of cooling their data centers by using fresh outdoor air, however, most still rely on expensive cooling units. Intel Corporation and other technology vendors believe that data center systems can run at higher temperatures so Intel has been testing new technologies at a data center in New Mexico which runs at an average temperature of 92 degrees. In lieu of this, Google, Facebook, Apple and Microsoft are letting the temperatures in their data centers rise. Their shares traded down $0.12 (0.46%), they were recently at $26.11.
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