4 Tech Stock Stories Making a Monday Buzz

Google Inc. (NASDAQ:GOOG): Closing price $882.27

Those who procrastinated in buying Chromecast may be disappointed to find that Google no longer offers three months of  free Netflix (NASDAQ:NFLX) streaming with the purchase. Chromecast was unveiled last week as Google’s most recent effort to move into living rooms. The $35 dongle links mobile devices to televisions, permitting users to stream video and mirror Chrome web pages on their TV.

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GOOG

Apple Inc. (NASDAQ:AAPL): Closing price $447.79

In reaction to a report by China Labor Watch, Apple is sending audit teams to three Chinese factories accused of having extremely poor working and living conditions. The nonprofit organization on Monday released a report revealing that Pegatron, one of Apple’s major suppliers, violated a broad range of labor regulations and industry standards as it produced iPhones and Mac computers. A big worry is centered around Pegatron’s low wages, which caused a number of workers to put in excessive overtime hours. China Labor Watch calculated in its report that employees in three crucial Pegatron factories in Shanghai and Suzhou worked an average of 66 to 69 hours per week, far above Apple’s 60-hour workweek rule.

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AAPL

Liberty Global PLC (NASDAQ:LBTYA): Current price $80.32

Liberty has upped its stake in the Dutch cable television operator Ziggo NV from 18.2 percent to 28.5 percent, which it said was a strategic move. The firm acquired 17.5 million additional shares in Ziggo linked with a hedging transaction regarding existing shares, according to a U.S. Securities and Exchange Commission filing published late Sunday.

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LBTYA

Splunk Inc. (NASDAQ:SPLK): Closing price $49.86

On Monday, the software platform for real-time operational intelligence announced that more than 20 security-related demonstrations of Splunk software will be displayed at Black Hat USA 2013, some of which will be publicly exhibited for the first time. The applications provide a wide range of use cases, among which include investigating incidents, identifying advanced threats, and improving security and compliance posture.

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SPLK

Don’t Miss: Whisper Number: Even an Earnings Miss for BMC Software Could Be Positive.

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