Tech Stock Highlights: Google Wallet, Apple’s Nasdaq Rumor, Intel’s Crystal Forest

Google (NASDAQ:GOOG): Google has issued a fix that prevents an existing prepaid Google Wallet card from being re-provisioned to another user, Osama Bedier, Vice President, Google Wallet and Payments wrote in a blog post. Last week it was revealed that Google Wallet could be accessed without a PIN from “rooted” phones.¬†Taiwanese phone maker HTC is developing its own music streaming service, GIGAom, which cited unnamed sources, reported last night. The company plans to offer the service as a default option on its phones, which use Google’s (NASDAQ:GOOG) Android operating system, the publication added.

Apple (NASDAQ:AAPL): A rumor that Apple’s (NASDAQ:AAPL) weighting in the NASDAQ 100 index could be reduced circulated earlier today, according to Business Insider. Such a reduction would affect ETFs, the publication added.¬†In response to reports that numerous iOS applications have been accessing, transmitting and storing user contact data without explicit permission, an Apple (NASDAQ:AAPL) spokesperson told AllThingsD that soon apps will require explicit user permission to use that type of data.

Intel (NASDAQ:INTC): Intel has disclosed more about its next-generation communications platform, codenamed Crystal Forest, including that the platform will better handle data processing across the network while addressing special needs for handling cloud connectivity and content processing, according to Digitimes.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

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