Tech Biz Cheat Sheet: Microsoft Unveils Windows 8, LinkedIn Could Combine Operations with Facebook
Microsoft (NASDAQ:MSFT) unveiled Windows 8 today at its BUILD conference. The new OS comes with a dual interface enhanced for both tablets and PCs. An early review calls the new OS a playground for for developers and coders, and is seen as critical in encouraging quality app-writing.
Bank of Montreal (NYSE:BMO), in conjunction with MasterCard (NYSE:MA), is launching its Mobile PayPass Tag, which will allow customers to make payments using a sticker attached to their mobile phones. PayPass tags have already been embedded in millions of credit cards and account for 10% of all Canadian MasterCard transactions.
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LinkedIn (NYSE:LNKD) shares are climbing on reports that the networking service might combine its online job-recruitment business with Facebook.
Hewlett-Packard (NYSE:HPQ) has extended the deadline on its $11.2 billion takeover of Autonomy to October 3, as only 41.6% of the British software company’s shareholders have tendered their shares so far. To de-list Autonomy from the London Stock Exchange, another 33.4% of Autonomy investors will have to tender their shares.
In order to offset weak demand for its touchpads, Synaptics (NASDAQ:SYNA) plans to develop novel interfaces for smartphones, such as “squeeze phone” technology, which will extend touch sensitivity to the entire device rather than just its display.
comScore’s analysis of the five largest EU markets has Google’s (NASDAQ:GOOG) Android OS accounting for 22.3% of smartphone users in July, up from just 6% a year earlier. Nokia’s (NYSE:NOK) Symbian declined by 16.1%, while Apple (NASDAQ:AAPL) and RIM (NASDAQ:RIMM) grew 1.2% and 1.5%, respectively.
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Samsung (PINK:SSNLF), NTT DoCoMo (NYSE:DCM), Fujitsu (PINK: FJTSY), NEC, and Panasonic (NYSE:PC) are considering a joint venture to develop baseband processor chips for mobile phones in order to lessen their dependence on Qualcomm (NASDAQ:QCOM).
A Nielson report found that Americans spent more time on Facebook than any other website, by far. Facebook users logged a total of 53.5 billion minutes for a single month, over three times that of Yahoo (NASDAQ:YHOO), the second-most popular site with 17.2 billion users. Google (NASDAQ:GOOG) trails in third with 12.5 billion users.