Tech Recap: Facebook’s NEW Product, Microsoft CHATTER

Three weeks after its now legendary IPO, Facebook (NASDAQ:FB) introduces App Center, which is an online directory of downloadable apps, said to be not unlike those of Apple and Google. Through this move, FB is seeking to attract additional software developers, and also enabling its users a better way to find apps on the site.

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Microsoft’s (NASDAQ:MSFT) Azure unit is in the news Friday, as chatter has it that the firm will award its business to computer hardware manufacturer OCZ Tech (NASDAQ:OCZ), which shares duly popped at the idea. Sources suggest that OCZ solid state drives are among the features added to Azure’s new storage hardware. Meanwhile, MSFT’s Azure cloud storage team says that it’s cutting prices by 90 percent, down to one cent per 100,000 transactions, plus adding new features. Chris Mellor characterizes the move as “Taking the fight right to Amazon (NASDAQ:AMZN)”.

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