What’s Moving Facebook, Apple, Google, Microsoft, and Intel?
Facebook, Inc. (NASDAQ:FB): Though Baird has issued a bullish report, the New York Times has a critical column about Facebook’s Sponsored Series product, mentioning its faulty ad-matching capabilities and privacy issues. Also, L.A. Times reports that many U.S. teens are moving to Twitter and Tumblr as a result of privacy concerns.
Apple Inc. (NASDAQ:AAPL): Before his death, Steve Jobs set his sights on transforming three other industries including; textbooks, TVs, and photography. Apple has already begun making an impact with the first, and rumors now mention plans for the second. Sources also tell iLounge that Apple is designing a new high-end point-and-shoot iSight camera, but the sight, also mentioning Job’s interest in photography startup Lytro, admits is comments are only speculation.
Google Inc. (NASDAQ:GOOG): AllThingsD reports, Google’s head of advertising Susan Wojcicki reacted to Ari Emanuel’s, co-CEO of William Morris Endeavor, criticism about the company’s efforts to combat online piracy. Wojcicki says that Emanuel was misinformed and Google does “not want to be building a business based on piracy.”
Microsoft Corporation (NASDAQ:MSFT): The company announced that the Windows Upgrade Offer will be available for customers purchasing a qualifying new Windows 7 PC, which will allow a downloadable upgrade to Windows 8 Pro for a retail price of $14.99, during the promotion time, and it will be redeemable when Windows 8 is available. The shares traded down $0.41 (1.4%) recently at $28.78.
Intel Corporation (NASDAQ:INTC): According to The Bangkok Post, managing director for Asia Pacific Sudheer Kuppam sees using $400M as venture capital worldwide this year, and approximately $17M will be designated to ventures in Southeast Asia.
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