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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 8, 2014
08:32 EDTSSNLFImmersion announces license with Samsung printing solutions
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07:35 EDTSSNLFAmazon mulls Fire phone UK exclusively deal with O2, FT says
In an effort to rival Apple (AAPL) and Samsung (SSNLF) in the premium smartphone industry, Amazon (AMZN) is in final-stage discussions to sell its new Fire smartphone exclusively through Telefonica’s (TEF) O2 throughout the UK, reported the Financial Times. Reference Link
07:34 EDTMSFTU.S. claims China breaks commitments amid Qualcomm, Microsoft probes, WSJ says
As Microsoft (MSFT) and Qualcomm (QCOM) are being investigated for potential monopolistic activity by Chinese regulators and lawmakers there recently alleged price manipulation by foreign automakers including Toyota (TM), Honda (HMC) and Daimler (DDAIF), the U.S. Chamber of Commerce alleged that China's use of its antimonopoly law has been subjective and its implementation skewed to favor China's local companies, reported The Wall Street Journal. Reference Link
06:37 EDTMSFTBaidu hires Microsoft's Zhang Yaqin, WSJ reports
Baidu (BIDU) has hired Zhang Yaqin, a top Microsoft (MSFT) executive in China, to become its president for new business,t he Wall Street Journal reports. Zhang was Microsoft's VP and chairman of its Asian-Pacific research and development group. Reference Link
06:21 EDTMSFTSmartwatch market to reach $10B by 2018, says Citigroup
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06:08 EDTMSFTMicrosoft gives MSN.com a facelift, Re/code reports
Microsoft has given MSN.com a major facelift a year after MSN was merged with Bing Apps, Re/code reports. The updated MSN will still feature news, sports and cars, but will also include interactive content involving food and fitness. MSN is expected to be fully rolled out by the end of the month, and optimized MSN apps for iOS and Android could be released by the end of hte year. Reference Link
September 5, 2014
06:33 EDTMSFTMicrosoft, competitors aim to halt Google EU agreement, Reuters says
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06:29 EDTSSNLF$30 to be competitive price for sapphire covers in 2015, DigiTimes Research says
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September 4, 2014
17:32 EDTSSNLFApple can head higher, Samsung event underwhelms, Barron's says
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16:13 EDTSSNLFNVIDIA files patent infringement complaint against Qualcomm, Samsung
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13:56 EDTMSFTGetty Images files lawsuit against Microsoft over photo tool, Reuters reports
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06:30 EDTMSFT, SSNLFIDC: Phablet shipments to pass PCs in 2014, tablets in 2015, DigiTimes reports
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06:25 EDTSSNLFSamsung in process of launching new Ultra HD TV with 300 LEDs, DigiTimes says
Samsung is developing a new Ultra HD TV that will come with a 300 LED direct-type LED backlit unit, reports DigiTimes. According to supply chain sources, the company will use increased LEDs in addition to an improved color filter and local dimming technology. Reference Link
September 3, 2014
13:52 EDTSSNLFSamsung collaborates with Oculus to introduce the Gear VR
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10:46 EDTSSNLFMaxim Integrated says stock valuation reflects Samsung concentration
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10:16 EDTSSNLFAT&T confirms will carry Samsung Galaxy Note 4, Note Edge, Gear VR
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07:54 EDTSSNLFEuropean Commission fines Infineon, Samsung, Philips EUR138M
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06:21 EDTSSNLFSamsung, Lenovo cuts tablet prices in US market, DigiTimes says
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September 2, 2014
12:42 EDTMSFTMicrosoft to launch Xbox One in 28 more countries this month
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06:34 EDTMSFTMicrosoft reduces Surface chassis suppliers, DigiTimes reports
Microsoft has reduced the number of chassis suppliers for its Surface tablets and outsourcing all the orders to Ju Teng, reports DigiTimes. According to sources from the upstream supply chain, Microsoft stopped placing chassis orders with its China-based supplier in August and may adopt a similar strategy for other components. Reference Link
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