4 Tech Stock Stories to Help Close the Trading Week
AT&T Inc. (NYSE:T): Closing price $34.16
A report from Engadget says that AT&T intends to axe its traditional monthly calling and data plans for new customers, both individual and family, to be replaced by the network’s most recent shared data options. The news originated from an anonymous tip and reaching out to the carrier itself. It seems that this change is in response to the huge success of AT&T’s Mobile Share since its original intro. Current customers who have been responding the older offerings won’t see any modificatione to their plan, and will have the option to upgrade phones, activate lines, and adjust their plans accordingly without being pushed onto the shared data plans.
Google Inc. (NASDAQ:GOOG): Closing price $871.58
GigaOM reports that three years after debuting its first generation of Google TV devices, the firm now wants to rid itself of the brand and realign its smart TV platform efforts closer to Android. Google apparently is not yet ready to announce the switch-over, and a spokesperson contacted for this story would not comment. But an executive from a consumer electronics manufacturer that has been making Google TV devices confirmed the rebranding in a recent conversation with GigaOm, saying that, “They are calling it ‘Android TV.’”
Apple Inc. (NASDAQ:AAPL): Closing price $492.94
The Financial Post says that Apple used LinkedIn messages to invite BlackBerry employees to a September 26 event held close to BlackBerry’s headquarters in Waterloo, Ontario. Apple said that the majority of the positions it was offering would be based at its own Cupertino, California headquarters, but that it will provide relocation and immigration assistance. In September, BlackBerry revealed that it plans to lay off a gigantic 40 percent of its global workforce by the end of 2013, with the first round of cuts beginning this week, with 300 employees let go.
Amazon.com Inc. (NASDAQ:AMZN): Closing price $310.76
The Tennessee-based Cumberland Companies, which makes the The Shave Well Company Fog-Free Shower Mirror, and Tidy Tots Disposable Potty Chair Liners, is presently recognized on the home page of amazon.com for creating a successful business built on flexibility and giving back. The family-owned business depends on employees of Sunshine Industries, which is a vocational training facility for persons with intellectual disabilities, for assembly and logistics, and Amazon.com Marketplace to “fuel the consumer engine.”