Tech Stock Highlights: Google Inc, Microsoft, Intel, Amazon.com Feb. 22nd

Google (NASDAQ:GOOG): Google’s display-ad business is expected to surpass Facebook’s (FB) display ads, reports the Wall Street Journal. Citing data from eMarketer, Google is on track to hit $3.68B in display-ad revenue for next year while Facebook is expected to hit $3.29B next year.

Microsoft (NASDAQ:MSFT):¬†Microsoft’s Windows Phone 7 – which is being implemented by Nokia (NYSE:NOK) – saw its market share drop in every region but the U.K. in 2011, according to The Inquirer, which cited research by Kantar Worldpanel. Meanwhile, the market share of Nokia’s Symbian oeprating system dropped last year, as expected, the publication added.

Intel (NASDAQ:INTC): As Intel readies Ivy Bridge processors for second-generation ultrabooks, which will require the read/write speeds attained by SSDs or hybrid hard disk drives, most vendors will likely select hybrid HDDs to keep costs down, according to DigiTimes, citing supply chain sources.

Amazon.com (NASDAQ:AMZN): Amazon Web Services LLC, or AWS, an Amazon.com company, introduced Amazon Simple Workflow Service, or Amazon SWF, a workflow service for building scalable, resilient applications. Whether automating business processes for finance or insurance applications, building sophisticated data analytics applications, or managing cloud infrastructure services, Amazon SWF reliably coordinates all of the processing steps within an application.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com