Tech Business Roundup: Google’s New Search Trick, First Solar Dumps
Shares of Micron (NASDAQ:MU) move up, after Raymond James interpret’s Apple’s obtaining mobile dynamic random access memory from the bankrupt Elpida, as an ‘implied endorsement’ for Micron’s offer for that company. Further, the analyst believes that such a purchase could result in a “more strategic relationship” between Apple and Micron, as the former is not in a good relationship with Samsung, which is the current premier DRAM provider.
Don’t Miss: Why is Google Reworking its Search Tool AGAIN?
Google (NASDAQ:GOOG) launches its Knowledge Graph, which opens on the right side of search results, and features a plethora of data that is relevant to the query. The company estimates that the database for the new feature contains information of about approximately 500 million people, places and objects, gleaned from several web sources. The intro parallels that offered by Bing (NASDAQ:MSFT), which consists of a semantic search overhaul that focuses on social media content.
More woes for First Solar (NASDAQ:FSLR), as shares plummet to new all-time lows on Wednesday, following David Einhorn’s word that he liquidated his position in the first quarter. As if to confirm Einhorn’s importance in the world of stocks, Expedia (NASDAQ:EXPE), in which Einhorn established a position, moved up quite nicely.
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