Weekly Tech Business Recap: Nook Arrives, Priceline Earnings Rocks, Cisco Saves the Nasdaq

Disney Interactive (NYSE:DIS) and YouTube (NASDAQ:GOOG) have a new agreement to bring free family-friendly video entertainment to the web. The online videos will target Disney audiences and ill be found on both Disney.com and YouTube early next year.

The deal valued between $10 to $15 million brings a benefit to each company: Disney can build its online brand with children and YouTube can see some credibility with parents who are concerned the site’s content isn’t always kid friendly.

Super Hot Feature: Here’s Why Groupon’s Business Model Looks Eerily Like a Ponzi Scheme.

Netflix, Inc. (NASDAQ:NFLX) and MGM Studios have agreed to a multi-year licensing agreement that will have Netflix as the UK and Ireland’s exclusive subscription streaming service for MGM’s first-run feature films. The titles will instantly be available to Netflix members in these two countries on a number of devices at a low per month cost.

Netflix will launch its services to UK and Ireland in early 2012.

Barnes & Noble Inc. (NYSE:BKS) unveiled its new Nook Tablet today one week ahead of Amazon’s (NASDAQ:AMZN) Kindle Fire launch. The Nook has a few advantages over the Fire with its lighter weight, double memory and high-quality IPS LCD.  Amazon will likely counter with its lower cost and different apps.

Microsoft Corporation (NASDAQ:MSFT) source disclosed information regarding the next Xbox: it will run on a modified version of Windows 9, feature an ARM Holding PLC- based (NASDAQ:ARMH) CPU — as compared to Xbox 360′s IBM (NYSE:IBM) chip — and bring a smaller price and size than the Xbox 360. It will also drive a Kinect adoption.

Dish Network Corporation’s (NASDAQ:DISH) spinoff EchoStar Corporation (NASDAQ:SATS)  hasn’t seen its stock bounce after a good third quarter earnings report. Echo saw its revenue grow 42 percent year over year to $863 million but it reported a $0.22 loss from a 286 percent year over rise in selling, general and administrative expenses.

Investing Insights: DISH Network Earnings Cheat Sheet: Profits Grow by Double Digits For Fifth Straight Quarter.

Hewlett Packard Co. (NYSE:HPQ) may sell its webOS mobile platform. The company purchased it from Palm in 2010 for $1.2 billion and most likely won’t see its investment returned due to not adding any investment dollars to the software.

Interested buyers may include Amazon.com Inc. (NASDAQ:AMZN) and Research In Motion (NASDAQ:RIMM).

Smartphones will usher in a new era with its first quad-core processor phone thanks to the HTC Edge. With the latest mobile technology, the phone runs on an Nvidia Corporation (NASDAQ:NVDA) Tegra 3 chip. It represents a win for the company as compared to Qualcomm Inc.’s (NASDAQ:QCOM) Snapdragon S4 processor, even with HTC’s long reliance on Qualcomm chips.

Activision Blizzard Inc (NASDAQ:ATVI) launched its newest addition to the Call of Duty series today, Call of Duty: Modern Warefare 3, just in time to battle Electronic Arts’ (NASDAQ:ERTS) Battlefield 3 during the holiday seasonEA has been trash-talking Call of Duty and is heavily promoting its new Battlefield 3 series through TV commercials and billboards.

Investing Insights: Activision Blizzard Inc Earnings Cheat Sheet: Beats Estimates.

priceline.com Incorporated (NASDAQ:PCLN) announced a weak fourth quarter guidance with its third quarter earnings on Monday. Piper Jaffray increased the company’s price target to $670 from its strong quarterly report and also cited international growth potential and its leading overseas market share as factors.

Demand Media (NYSE:DMD) continued trading higher after beating estimates in its third quarter earnings report. Goldman Sachs Group (NYSE:GS) increased its price target based on the company’s improved internal rate of return; however, Henry Blodget said not so fast. He wrote that Demand Media saw a profit after treating its content costs as a capital investment; this is not the norm for a media company.

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Amazon.com’s (NASDAQ:AMZN) new $79 Kindle e-reader make my make main street happy but the company can’t be smiling about the amount of money it may make from it. According to market research firm IHS iSuppli, the new e-reader costs $84.25 to make. This includes a $78.59 cost of materials and $5.66 cost to put them together.

Amazon thinks it will make up for the losses with embedded advertising and stoking sales from the e-reader.

While the low-price Kindle may incur production losses for the company, Amazon can look to their new e-reader, the $199 Kindle Fire, to be a bright spot. The company has reported strong consumer interest and it will increase 2011 orders to 5 million, up from the previous 4 million. In the middle of the third quarter, the company had already increased orders by 500,000.

Investing Insights: Nintendo and Sony Will Lose Gaming Revenue to These 2 Smartphone Giants.

Cisco Systems, Inc.’s (NASDAQ:CSCO) stock jumped after announcing a strong first quarter fiscal 2012 report and solid second quarter fiscoal 2012 guidance. During the company’s conference call, comments about strong switch and router orders along with improving switch margins may have contributed to the stock rise.

Citi upgraded the shares to Buy but noted that low second quarter fiscal 2012 expectations, improving growth and margins will help the company move toward multiple expansion.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) reported a weak guidance and mixed second quarter fiscal 2012 results on Wednesday and saw its shares rise. Now after announcing a $200 million convertible debt offering today, the stock is plummeting. The company plans to use the proceeds for “general corporate purposes,” or maybe acquisitions.

It ended September with $269.7 million in cash and equivalents while carrying $111.3 million in debt.

Groupon, Inc.’s (NASDAQ:GRPN) stock is up today after losing 14 percent of its value between its post-IPO open and Wednesday’s close. With the company’s small float (less than 5 percent) and a lack of options trading, shorting the stock could be a risky move in the near-term, according to fund manager Todd Sullivan.

Activision Blizzard Inc. (NASDAQ:ATVI) announced that its Call of Duty: Modern Warfare 3 set an all-time record for an entertainment launch from its more than $400 million in North America (6.5 million units) and the United Kingdom sales during the first 24 hours of release. This represents the third consecutive year that a Call of Duty franchise has set a day-one launch record across all forms of entertainment–”something that no other  entertainment franchise in any medium has ever accomplished,” according to a press release.

Meanwhile, Microsoft Corporation (NASDAQ:MSFT) said in a separate announcement that the number of gamers playing Xbox Live at the same time has set a new record.

Investing Insights: Nintendo and Sony Will Lose Gaming Revenue to These 2 Smartphone Giants.

Apple Inc. (NASDAQ:AAPL) launched its iPhone 4S in Hong Kong today in its stores and saw the phone sell out in three hours, according to Forbes. The phones come with a missing feature: the Siri voice recognition software doesn’t currently understand Mandarin. It is expected to be available in March 2012.

English, French and German-speaking owners can currently enjoy Siri.

Notebook OEMs are reviewing plans to offer systems including ARM Holdings, plc (NASDAQ:ARMH)-based chips to go with their Intel Corporation (NASDAQ:INTC) offerings. In addition to improving competition against Apple Inc. (NASDAQ:AAPL), the OEMs will look to the ARM solutions as bargaining power with Intel. However, they do face potential Windows 8 software issues.

Nvidia Corporation (NASDAQ:NVDA) rallied after a morning drop. The company reported its third quarter fiscal 2011earnings and focused on its Tegra mobile processor chips in an analyst conference call. Nividia’s CEO Jen-Hsun said in the call that the company missed out on an Amazon.com (NASDAQ:AMZN) tablet contract with the chips.

The company received a repeated Strong Buy rating by Raymond James, noting their happiness with Tegra 3 chips design wins while MKM Partners gave a Neutral rating, citing Nvidia’s loss of Motorola (NYSE:MMI) as a customer and the missed Amazon opportunity.

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