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Stock Market & Financial Investment News

News Breaks
August 1, 2014
16:35 EDTMSFT, SSNLFMicrosoft files legal action against Samsung for breach of contract
Microsoft (MSFT) has filed legal action against Samsung (SSNLF) in U.S. District Court, Southern District of New York, to enforce its 2011 cross-licensing contract with Samsung. Microsoft alleges Samsung decided late last year to stop complying with its agreement with Microsoft. In September 2013, after Microsoft announced it was acquiring the Nokia (NOK) devices and services business, Samsung began using the acquisition as an excuse to breach its contract. Samsung did not ask the court to decide whether the Nokia acquisition invalidated its contract with Microsoft. Microsoft expects its partnership with Samsung to continue and is asking the Court to settle its disagreement with Samsung. The announcement was made in a Microsoft blog post. Reference Link
News For MSFT;SSNLF From The Last 14 Days
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September 24, 2014
06:26 EDTSSNLFSamsung to incorporate Tizen to home-use electronics in 2015, DigiTimes says
Samsung plans to incorporate Tizen OS in its home-use electronics and LCD TVs in 2015, reports DigiTimes. According to Taiwan-based supply chain makers, the company is attempting to boost the penetration of Tizen using its global market status and to set up a platform for developing the Internet of Things. Reference Link
05:03 EDTSSNLFAT&T to offer Samsung Gear S
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September 23, 2014
12:58 EDTSSNLFSamsung still supplying 40% of A8 chips for iPhone 6, 6 Plus, Re/code says
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08:38 EDTMSFTePlus becomes authorized Surface reseller in Microsoft Devices Program
ePlus (PLUS) announced that its subsidiary, ePlus Technology, has joined an exclusive group of partners in the Microsoft Devices Program (MSFT), which allows customers to purchase Surface through authorized resellers. In addition to offering Microsoft's extended warranty and accidental damage, ePlus brings a variety of value-added services to the Surface family, including asset tagging, custom imaging, kitting, onsite service and support, device recycling, and data protection.
07:49 EDTMSFTMicrosoft to launch Xbox One console in China on September 29, Reuters says
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07:28 EDTSSNLFBlackBerry prices 'Passport' below competing high-end smartphones, WSJ says
BlackBerry, whose Passport smartphone marks its first global launch since its BB10 operating system, is pricing the new phone at $599 in the U.S. without subsidies, which is below Apple's (AAPL) iPhone 6, which starts at $649 without contract, and Samsung's (SSNLF) Galaxy S5, which was similarly priced at about $650 at launch, reported The Wall Street Journal. Reference Link
06:00 EDTMSFTFacebook expected to launch new advertising platform, WSJ reports
This week, Facebook (FB) will introduce Atlas, a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reports, citing people familiar with the matter. Atlas is a re-engineered version of the Atlas Advertiser Suite Facebook acquired in 2013 from Microsoft (MSFT). Facebook is looking to challenge Google (GOOG) in the online ad space. Reference Link
September 22, 2014
09:15 EDTMSFTAmazon's Iain Kennedy leaves company for Microsoft, Re/code reports
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06:34 EDTSSNLFGoogle selects HTC to make 9-inch Nexus tablet, WSJ reports
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September 21, 2014
12:31 EDTMSFTMicrosoft delays China launch of its Xbox One console, Reuters says
Microsoft announced that it has delayed the launch of its Xbox One game console in China, says Reuters. Microsoft, which has recently faced setbacks in China related to anti-trust probe involving its Windows operating system and Microsoft Office, said that it will launch the Xbox One game console in China by the end of the year, added Reuters. Reference Link
September 19, 2014
11:51 EDTMSFTMicrosoft, Intel look to partner with Chinese mobile device makers, Nikkei says
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11:34 EDTMSFTRed Hat falls after Q3 outlook trails consensus
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10:59 EDTSSNLFSamsung working with PayPal for mobile payments on smartwatch, Gigaom says
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10:48 EDTMSFTOracle tumbles after Q1 earnings miss estimates, Ellison steps aside as CEO
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08:53 EDTMSFTMicrosoft CEO to visit China, China Daily says
Microsoft CEO Satya Nadella is set to visit Beijing next week, according to China Daily. Nadella's visit comes as China conducts an anti-trust probe of the tech giant. The CEO is likely to visit high-ranking Chinese officials during his time in the country ,the newspaper added. Reference Link
September 18, 2014
12:44 EDTMSFTMicrosoft laying off 2,100 employees today, company tells CNBC
12:37 EDTMSFTMicrosoft lays off 2,100 employees, Seattle Times reports
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07:26 EDTSSNLFGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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06:45 EDTSSNLFMobile DRAM bit growth to reach 37.5% in 2H14, DigiTimes Research reports
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05:34 EDTMSFTInfosys expands partnership with Microsoft
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