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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
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October 13, 2014
07:22 EDTGOOGSony/ATV could ditch licensing firms due to streaming dollars, NY Post reports
Sony/ATV Music Publishing (SNE) is considering no longer dealing with performance rights groups BMI and ASCP, and instead negotiating directly with online music services like Pandora (P), YouTube (GOOG) and Spotify due to outdated rules and low royalties, the New York Post reports. Reference Link
06:44 EDTGOOGGoogle testing feature that allows video chats with doctors, Engadget reports
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06:44 EDTGOOGGoogle could announce new Nexus tablet on October 15, 9to5Google reports
Google's new Nexus tablet may be announced on Wednesday, October 15, 9to5Google reports, citing Bright Side of News. The HTC-made tablet is rumored to cost $400. Reference Link
October 10, 2014
09:12 EDTGOOGGoogle could be worth trillion dollars by 2020, says BGC Financial
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07:55 EDTGOOGJapan court orders Google to remove search results, AP reports
Japan has ordered Google to remove search results that hinted at a man's relations with a criminal organization because his privacy rights were violated, reports the Associated Press. Google spokesman Taj Meadows said the company has a standard process for removal requests and will review the Tokyo court injunction. Reference Link
06:52 EDTGOOGGoogle allowed to face Rockstar in California court, Reuters says
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06:26 EDTGOOGGoogle to release its largest smartphone, WSJ reports
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October 9, 2014
16:49 EDTGOOGOracle hires former director of engineering from Google, Re/code reports
Oracle (ORCL) hired Peter Magnusson, former director of engineering at Google (GOOG) and VP of engineering at Snapchat, two weeks ago in a move to improve its cloud computing business, Re/code reports, citing sources familiar with the move. Reference Link
14:37 EDTGOOGYahoo looking to make Tumblr another YouTube, Business Insider says
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06:29 EDTGOOGIDC: Worldwide PC shipments down 1.7% in Q3, DigiTimes reports
Worldwide PC shipments are down 1.7% with 78.5M units shipped in Q3, reports DigiTimes, citing the IDC. Shipments in the US grew 4.3% to 17.3M, with growth centered from strong momentum in te portables category. Reference Link
06:26 EDTGOOGGoogle's tax arrangement facing new challenge by France, WSJ reports
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October 8, 2014
09:48 EDTGOOGGoogle says new movies can be pre-ordered, watched on first day of availibility
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07:46 EDTGOOGcomScore well positioned for change, says Brean Capital
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October 7, 2014
13:45 EDTGOOGVringo says several important events scheduled for Q4
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13:33 EDTGOOGGoogle executive says Google+ here to stay, Re/code reports
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09:18 EDTGOOGRackspace partnership with Google positive for sentiment, says Wells Fargo
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09:03 EDTGOOGRackspace to offer managed IT services support for full Google Apps for Work
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08:03 EDTGOOGVonage announces appointment of Alan Masarek as CEO
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07:48 EDTGOOGU.S. Chamber of Commerce to hold a discussion
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06:07 EDTGOOGYouTube may still be interested in programming for kids, Re/code reports
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