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Stock Market & Financial Investment News

News Breaks
June 23, 2014
10:12 EDTGOOG23andMe says FDA accepts submission for new 510(k) application
Kathy Hibbs, Chief Legal and Regulatory Officer of Google-backed 23andMe, wrote on Friday that "A few days ago the US Food and Drug Administration accepted for review 23andMes submission for a new 510 (k) application. This submission is for one health report, and 23andMe_Logo_blogis part of the FDAs regulatory review of our health product.Although the submission focuses on a single rare but serious inherited condition we report to customers Bloom syndrome it is an important step in our work with the FDA in the coming months. Once cleared, it will it will help 23andMe, and the FDA, establish the parameters for future submissions. More importantly, for our customers, it marks a baseline on the accuracy and validity of the information we report back to them. The submission includes robust validation data covering major components of our product such as the genotyping chip, software and saliva kit. While we are still in the very early stages of this regulatory review process, we remain committed to transparency and keeping our customers as informed as possible. This by no means is the end of the process even for this one condition. It is likely that 23andMe will hear back from the FDA regarding the material we gave to them, and, we in turn will have to respond to those questions as we move forward." Reference Link
News For GOOG From The Last 14 Days
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July 10, 2014
19:38 EDTGOOGYelp says Google results favoring Google+ local listings, WSJ reports
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10:46 EDTGOOGYelp retreats after analyst says review growth slowed
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09:35 EDTGOOGRed Hat, Google collaborate on open standard for Docker containers at scale
Red Hat (RHT) and Google (GOOG) are collaborating to drive a new open standard around orchestrating Docker containers, a standard for application packaging in containerized environments, at scale for the management of cloud application deployments, Red Hat announced in a post to its corporate website. Reference Link
06:26 EDTGOOGTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:13 EDTGOOGGoogle Ventures invests in Europe
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05:49 EDTGOOGYelp review growth outpacing Google Plus, says Piper Jaffray
Piper Jaffray says its data shows that despite being a more mature platform, Yelp (YELP) continues to outpace Google Plus (GOOG) in terms of review growth. Yelp reviews over the past month have increased by 3% versus Google's up 2%, Piper says. The firm remains positive on Yelp shares with an Overweight rating and $80 price target.
July 9, 2014
16:13 EDTGOOGZynga appoints Google executive Dugan to board
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16:01 EDTGOOGOptions Update; July 9, 2014
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15:06 EDTGOOGGoogle, Canon, SAP among members of new cooperative patent-licensing group
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14:45 EDTGOOGTime Warner says no truth to rumor of M&A talks with Google, WSJ reporter says
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12:52 EDTGOOGGasparino says hearing 'buzz' of Google buying Time Warner
Charles Gasparino of Fox Business tweeted ahead of the Sun Valley conference, "I'm now hearing more Google buying time warner buzz than any other company will advise once I get to #sunvalley." Shares of Time Warner are at their highs of the day, up 81c to $71.56.
11:00 EDTGOOGWells says VMware growth could slow, downgrades shares
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08:31 EDTGOOGVMware CEO sees EMC helping it remain independent, WSJ reports
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06:59 EDTGOOGYelp formally opposed the EU's antitrust settlement with Google, NY Times says
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06:34 EDTGOOGFake document hits federal court in hiring case against tech giants, WSJ says
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06:31 EDTGOOGFTC may probe Google over child app purchases, Politico says
After the Federal Trade Commission cracked down on apps previously available on Apple (AAPL) devices that let children spend money without their parents' permission, Apple told the FTC that similar apps are available on Google's (GOOG) app store, according to Politico. As a result, the FTC may investigate Google over this issue, Politico stated. Reference Link
06:24 EDTGOOGGoogle Cloud Storage offering 2 TB of free storage through partner, WSJ reports
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July 8, 2014
10:39 EDTGOOGGoogle, Facebook leave net neutrality fight to startups, Bloomberg says
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07:47 EDTGOOGThe Cato Institute holds a discussion
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07:32 EDTGOOGSemiconductor Equipment & Materials International to hold a conference
SEMICON West to be held in San Francisco on July 8-10.
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