Tech Biz Cheat Sheet: Tim Cook Wins, Yahoo in Play, Amazon Rejects Publishers
Samsung Electronics declared war against Apple (NASDAQ:AAPL) by filing a lawsuit banning sales of its iPhone 4S in Japan and Australia. The company also banned the iPad 2 and the original iPhone 4 sales in Japan. More bad news for Apple today included a downgrade of its stock to hold from buy. Apple’s iPhone 4S owners have reported connection problems with the highly touted voice-activated personal assistant, Siri. New to the iPhone family, the software enables users to make phone calls, review weather forecasts, order car services and learn locations of nearby restaurants.
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Research in Motion (NASDAQ:RIMM) made amends for its recent worldwide service disruption by offering $100 worth of free apps to subscribers. The apps will be available in the upcoming weeks until the end of the year.
Pandora (NYSE:P) expanded its carmaker list by adding Buick. Customizable entertainment options, including Pandora, will now be available from three different options in the Buicks.
Yahoo’s (NASDAQ:YHOO) stock responded positively to the continued interest by Jack Ma, Chairman of Alibaba Group Holding Ltd. Ma has moved forward by lining up money for a possible acquisition.
Amazon (NASDAQ:AMZN) believes writers should leave their current publishers and begin using their publishing options. This fall, the retailer will publish 122 books in various genres with physical and e-book forms.
Western Digital (NYSE:WDC) extended their suspension of Thailand operations due to the floods, causing storage manufacturers and chipmakers to worry this will have an industry ripple effect.
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