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Stock Market & Financial Investment News

News Breaks
June 3, 2014
08:33 EDTLLNW, AKAM, GOOG, FB, ORCLLimelight, Akamai case sets precedent supported by Google, others, WSJ says
In a move that was urged by tech heavyweights Google (GOOG), Facebook (FB) and Oracle (ORCL), the Supreme Court restored prior legal rules that were loosened when a U.S. appeals court sided with Akamai (AKAM) over Limelight Network (LLNW), said The Wall Street Journal. In yesterday's previously reported ruling in favor of Limelight, the high court declined to make it easier to hold companies liable for encouraging others to commit patent infringement, the Journal said. Reference Link
News For LLNW;AKAM;GOOG;FB;ORCL From The Last 14 Days
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October 8, 2014
05:11 EDTAKAMAkamai, China Telecom establish strategic cloud services partnership
Akamai Technologies (AKAM) announced a strategic partnership agreement with China Telecom Corporation (CHA) cloud division, CT Cloud. CT Cloud is one of the largest cloud computing service providers in China, offering quality cloud services to customers. As part of the strategic partnership, CT Cloud has agreed to offer an integrated solution incorporating Akamai's full suite of media delivery, Web performance, and cloud security offerings with its own Cloud services to Chinese businesses looking to grow their global Web presence. In addition, the partnership is designed to enable close cooperation between the two companies in the areas of technology and network access, thus strengthening Akamai's China CDN offering for accelerating content from global customers to Chinese consumers. Under the partnership, CT Cloud plans to leverage Akamai for content delivery network technology that will be available for the delivery of its Cloud services.
October 7, 2014
13:48 EDTFBFacebook to release anonymous chat application, NY Times reports
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13:45 EDTGOOGVringo says several important events scheduled for Q4
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13:33 EDTGOOG, FBGoogle 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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06:43 EDTFBGM using Facebook, calls to reach out and get recalled cars fixed, AP reports
General Motors (GM) is using Facebook (FB) messages and phone calls to reach out to vehicle owners who have yet to bring in their cars the company has recalled, reports the Associated Press. CEO Mary Barra has also sent a personal letter urging people to get the switches replaced. Reference Link
06:07 EDTGOOGYouTube may still be interested in programming for kids, Re/code reports
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October 6, 2014
16:00 EDTFBOptions Update; October 6, 2014
iPath S&P 500 VIX Short-Term Futures up 46c to 30.08. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX HPQ C RSH CLF PBR according to Track Data.
13:47 EDTFBFacebook acquisition cost of WhatsApp increased to $22B from $19B, Reuters says
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10:04 EDTORCLOn The Fly: Analyst Upgrade Summary
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09:46 EDTFBFacebook completes acquisition of WhatsApp
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08:56 EDTFBFacebook's shuttle bus drivers look to join union, NY Times reports
Facebook shuttle bus drivers, complaining of grueling 15-hour workdays, are seeking representation by the Teamsters union, the New York Times reports. Reference Link
07:53 EDTORCLOracle upgraded to Buy from Neutral at DA Davidson
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07:11 EDTAKAMAkamai to hold a conference
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06:43 EDTFBFacebook has obtained $2B in legal judgments against spammers
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06:40 EDTFBHackers discover Facebook experimenting with Messenger payments, TechCrunch says
Hackers have discovered that Facebook is experimenting with payments in its Messenger app, TechCrunch reports. It is unclear whether Facebook will monetize Messenger by charging a small fee for money transfers, or would offer the functionality for free to drive usage of the standalone Messenger app. Reference Link
06:21 EDTGOOGMicrosoft 2015 solution may not help suppress Chromebook growth, DigiTimes says
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