Top Tech Stock Stories of the Week: Apple Quarterly Filing and Much More

Here’s your Cheat Sheet to this week’s top tech industry business headlines:

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Intel Corporation (NASDAQ:INTC): Current price $23.43

Notebook vendor sources say that Intel is starting to promote Android tablet-convertible notebooks, while the China-based vendor Lenovo will introduce initial models in May. The sources also say that Hewlett-Packard, Toshiba, Acer and Asustek Computer will debut models in the third quarter, adding that Lenovo’s Android-based Yoga notebook, scheduled for May, should feature an 11-inch display. Intel calculates that the best price of Android-based notebooks is about $500, and that the devices will also need to feature detachable keyboard designs to permit transformation into a tablet, according to the sources.

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INTC

Yahoo! (NASDAQ:YHOO): Current price $24.67

Starting the week of June 3rd, older versions of Yahoo! Mail — including Yahoo! Mail Classic — will no longer be available, according to the firm. Persons using the older versions of Yahoo! Mail can transfer to the new version, which the company promises will be fast and easier-to-use. Yahoo! also says that if a user is on dial-up or an older browser, he or she will be moved to an HTML only / basic version of the new Yahoo! Mail.

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YHOO

Baidu (NASDAQ:BIDU): Current price $85.02

The Chinese search engine Baidu has now introduced its antivirus PC software in China, marking a major challenge to its arch-competitor Qihoo (NYSE:QIHU), which moved into the search engine market in that country last summer, but is probably best known for its antivirus software. The Baidu Antivirus application is co-produced with the security experts Kapersky. It is currently unclear if it is basically the same as the earlier Windows application that was marketed as “Baidu PC Faster”.

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BIDU

Advanced Micro Devices (NYSE:AMD): Current price $2.64

On Monday, the firm announced that Raja Koduri has rejoined AMD as corporate vice president, Visual Computing, and will reporting to Senior Vice President and Chief Technology Officer Mark Papermaster. In his new capacity, Koduri will have overall responsibility for moving the company’s innovation in visual and accelerated computing.

On Thursday, the company announced that its AMD Developer Summit 2013, “APU13,” will be held from November 11-14 in San Jose at the McEnery Convention Center. It is predicted that the firm’s third annual developer summit could draw the architects and pioneers of the heterogeneous computing era, software development and tools, spanning silicon design, academia, and emerging technologies. In previous AMD developer summits, the formation of the Heterogeneous System Architecture Foundation occurred in 2012 and the Microsoft announcement of C++ AMP came forth in 2011.

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AMD

Don’t Miss: Is Intel Dissing Apple in Favor of Google and Microsoft?

Google (NASDAQ:GOOG): Current price $801.42

The media and other observers have closely monitored each move that Google has made in connection with its wearable Glass computer, and in particular the rollouts of the device, most lately with Glass Explorer applicants, according to Dvice.com, which was “led to believe that the device would be made available to the masses later this year, but new comments from Google’s chairman indicate otherwise.” In an interview over the weekend with the British radio host Martha Kearney on BBC Radio 4, Google Chairman Eric Schmidt acknowledged that Google Glass will likely not be made available to the general public until sometime in 2014. Responding to Kearney’s question, “How soon is [Google Glass] likely to come onto the market?” Schmidt said, “There will be thousands of [Google Glass] in use by developers over the next months, and then based on their feedback, we’ll make some product changes, and it’s probably a year-ish away.”

The European Union’s antitrust agency said on Thursday that Google is offering huge concessions on the way it displays its search results in Europe, among which include an improved labeling of its own promoted content and displaying links to its rivals, so as to deflect worries it might be overdoing its dominant market position. The company’s search engine, which constitutes the world’s most influential access to online information and commerce, holds a near-monopoly in Europe, prompting the EU Commission to have been looking into whether Google is unfairly stifling competition. It identified out a number of areas that Google is now trying to fix through the proposed concessions.

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GOOG

Netflix (NASDAQ:NFLX) Current price $216.06

The firm presently allows its subscribers to stream two movies or TV shows at the same time from different devices, but according to the company’s top executives, that limit is about to increase. Netflix’s quarterly letter to shareholders, written by Chief Executive Reed Hastings and Chief Financial Officer David Wells, says that ”A few members with large families run into our 2-simultaneous-stream limit. To best serve these members, we’re shortly adding a 4-stream plan, at $11.99 in the U.S.” Chris Welch at The Verge notes that the streaming service predicts that a mere one percent of customers will take advantage of the upcoming, and more generous family plan. Welch wrote: “It would seem most of Netflix’s user base is content with current subscription rates, but for those of you letting friends and family “borrow” your account credentials, things just got a bit more convenient. Unfortunately you’ll still have to deal with the recommendations that stem from their viewing habits.”

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NFLX

VirnetX Holding Corporation (NYSE: VHC): Current price $21.66

The Internet security software and tech firm announced that on Monday it filed a complaint against Microsoft Corporation in the United States District Court for the Eastern District of Texas, Tyler Division. In particular, the complaint refers to Microsoft’s Skype products as infringing the VirnetX patents. Skype was acquired after the limited license was agreed to between Microsoft and VirnetX, but it is claimed that this infringement falls outside of the scope of the prior license. In its complaint, VirnetX seeks damages and injunctive relief as well.

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VHC

Microsoft Corporation (NASDAQ:MSFT): Current price $31.80

Microsoft is getting ready to bring back the traditional Start button of which it disposed with Windows 8. Knowledgeable sources have revealed to The Verge that the return of the Start button will be included in Windows 8.1. Tom Warren at The Verge wrote that “We understand that the button will act as a method to simply access the Start Screen, and will not include the traditional Start Menu. The button is said to look near-identical to the existing Windows flag used in the Charm bar.”

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MSFT

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Apple (NASDAQ:AAPL): Current price $417.57

In its 10-Q filing with the U.S. Securities and Exchange Commission this week, it was revealed that Apple reduced the number of its retail store employees by 5 percent in the March quarter,  while concurrently raising its store count. From January to March 30, the firm said that it slashed its retail head count by 2,100 employees to 42,600 between its fiscal first and second quarters. Analyst Steven Milunovich at UBS commented in a Thursday research note that ”this appears to be the first real head count reduction in its retail strategy, perhaps aiming to reverse the slump in store profitability. Although some post-holiday staff reductions are to be expected, the magnitude of the head count decline is unusual. The number of retail employees per store has now retraced to levels last seen in 2009.”

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AAPL

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