Apple’s (NASDAQ:AAPL) utilization of in-cell screen technology for its iPhone 5 may have added to a supply shortage when the phone debuted this past weekend. In-cell screens are more challenging to produce and Sharp (SHCAY.PK), one of Apple’s screen suppliers, has undergone difficulties with this.
AT&T (NYSE:T), Verizon (NYSE:VZ), Comcast (NASDAQ:CMCSA) and Time Warner Cable (NYSE:TWC) are getting ready to push for a video games, including ones from EA (NASDAQ:EA), to TVs via their cable infrastructure, reported Bloomberg. Deployments could begin between the end of 2013 and 2014. This would post a threat to console makers such as Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT) but first, operators will have to get the technology correct.
Nasdaq (NASDAQ:NDAQ) and Amazon Web Services (NASDAQ:AMZN) have come together and will offer Wall Street firms a service that allowing them to store vital regulatory data on the latter’s cloud infrastructure. The partnership, which should cut clients’ costs, represents Amazon’s biggest entry into the financial sector but security concerns could affect its growth.
In 2011, Larry Ellison more than tripled the number of Oracle (NASDAQ:ORCL) shares that he “pledged as collateral to secure certain personal indebtedness, including various lines of credit” reported Bloomberg. Ellison had pledged 139 million shares with a $4.5 billion value as compared to 2010’s 40 million shares and the 1.1 billion shares that he owns.
RBS (NYSE:RBS) managers participated in manipulating global interest rates while traders collaborated with their counterparts at other banks, reported Bloomberg. There was also no Chinese wall at RBS allowing money-market traders who submitted the bank’s Libor estimates to sit together with the derivatives traders whose profits had depended on the rate; sometimes the latter made their own submissions.
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