Tech Business Review: Facebook & the SEC, More About the iPad Mini
The Securities and Exchange Commission was able to pull crucial data from Facebook (NASDAQ:FB) ahead of the firm’s now famous IPO, reports Bloomberg. A spate of emails between the parties “depicts a management team… still guessing at even rudimentary aspects of its business.” A number of problems that are “now unnerving investors were foreshadowed” appeared in the correspondence, including those regarding Facebook’s mobile strategy.
An update into the Federal Trade Commission inquiry into Google’s (NASDAQ:GOOG) and Motorola’s policies in regards to licensing standard-essential patents and suing firms that they say infringe the IP has been provided by The New York Times. The commission has issued subpoenas requesting information from Google, along with rivals like Apple and Microsoft, and has also questioned representatives from the firms.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
According to The Guardian, the iPad Mini (NASDAQ:AAPL) will appear in a Wi-Fi-only version which might be a negative for iPad baseband and RF component vendors such as Qualcomm (NASDAQ:QCOM) and Skyworks Solutions (NASDAQ:SWKS). However, 3 to 4 gigabyte iPads have been premium products, with consumers largely favoring Wi-Fi-only models.