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Stock Market & Financial Investment News

News Breaks
June 24, 2014
06:14 EDTGOOG, VZGoogle-Verizon Chromebook data service deal no longer valid, ComputerWorld says
The deal for two years of free mobile data service from Verizon (VZ) for Google's (GOOG) LTE Chromebook Pixel last year appears to no longer be valid, reports ComputerWorld. The option to pay for data remains but the free 100MB per month has vanished one year after the promised two year period. Verizon reportedly has told customers plans were valid for only one year while Google Play's customer support line has only "escalated" the case for further review. Reference Link
News For VZ;GOOG From The Last 14 Days
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February 25, 2015
09:48 EDTGOOGIDC reports 96.3% smartphone marketshare for iPhone, Android
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08:54 EDTGOOGGoogle expected to propose new headquarters this week, NY Times says
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06:40 EDTGOOGGoogle acquires Toro, terms not disclosed
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06:01 EDTGOOGGlobal tablet shipments forecast at 221.4M units in 2015, DigiTimes says
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February 24, 2015
12:13 EDTVZU.S. Cellular lowering prices on shared connect plans
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06:49 EDTGOOGGoogle bans sexually explicit content from websites hosted on Blogger
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06:39 EDTGOOGVisa Europe announces 'tokenisation service'
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06:34 EDTGOOGGoogle said to be rearranging engineers in Glass department, 9to5Google reports
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February 23, 2015
12:33 EDTGOOGAndroid antitrust lawsuit against Google dismissed, Reuters says
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12:28 EDTVZ, GOOGGoogle reaches deal with wireless carriers, acquires Softcard tech, Re/code says
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09:39 EDTGOOGActive equity options trading on open
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09:39 EDTGOOGYouTube confirms launch of kids app
Google's (GOOG, GOOGL) YouTube confirmed its launch of the YouTube Kids app, "the first Google product built from the ground up with little ones in mind," which the company said makes it safer and easier for children to find videos on topics they want to explore. The app is now available for free on Google Play and the App Store in the U.S. Reference Link
09:02 EDTVZVerizon to sell BlackBerry Classic for $100, CrackBerry says
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08:24 EDTGOOGGoogle Vietnam site disrupted by hackers, WSJ says
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06:31 EDTGOOGGoogle reaches preliminary agreement with Italian regulators, WSJ says
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February 20, 2015
13:56 EDTVZAT&T VP critical of Dish auction tactics
AT&T (T) VP of Federal Regulatory Joan Marsh stated in a post to a corporate blog that FCC Auction 97 represents "hard evidence that there is significant continuing interest in licensed spectrum... It didn't matter that it was mid-band spectrum. It mattered only that it was broadband spectrum." Marsh notes that Dish (DISH) won more licenses than any other bidder though "none of that spectrum is currently supporting commercial wireless services," with her suggestion being that "auctions should be designed to ensure that licenses go to those willing to deploy networks Ė not speculators or stockpilers...The government should continue to place a high priority on allocating new licensed bands to the wireless industry." Marsh continues her analysis of Dish, claiming the double and triple-bidding activity carried out by its two designated entities "circumvented auction activity rules, masked actual demand and distorted the auction," as they were able to win significant allocations while enjoying a 25% small business discount. In response to Dish claims that all companies use DEs, Marsh replies that "in more recent auctions... bidders like AT&T, Verizon (VZ) and T-Mobile (TMUS) had no DE relationships, participated directly and paid full price for their licenses." Reference Link
07:42 EDTGOOGFDA authorizes 23andMe to market genetic testing for Bloom Syndrome
The U.S. Food and Drug Administration yesterday authorized for marketing Google-backed 23andMeís Bloom Syndrome carrier test, a direct-to-consumer genetic test to determine whether a healthy person has a variant in a gene that could lead to their offspring inheriting the serious disorder. Along with this authorization, the FDA is also classifying carrier screening tests as class II. In addition, the FDA intends to exempt these devices from FDA premarket review. The agency plans to issue a notice that announces the intent to exempt these tests and that provides a 30-day period for public comment.
06:22 EDTGOOGYouTube to release stand-alone app for kids, WSJ says
Google's YouTube is planning to release a smartphone and tablet app for kids featuring original episodes of television shows including "Thomas the Tank Engine" and "Sesame Street," as well as content from existing YouTube kids channels, reports the Wall Street Journal, citing a person familiar with the matter. The app -- slated for an official reveal Monday at the Kidscreen Summit -- will initially only be available for Android devices. The source said the inclusion of ads is "under discussion." Reference Link
February 19, 2015
06:34 EDTGOOGYouTube to unveil paid music service soon, Reuters reports
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06:24 EDTVZVerizon names John Stratton as head of wireless and wireline operations
Verizon said in a filing that on February 17, the company reorganized its operating structure. John G. Stratton, formerly Verizonís EVP and President Ė Global Enterprise and Consumer Wireline, has been appointed to a new role as EVP and President of Operations, with operational responsibility for Verizonís wireless and wireline businesses. Stratton will continue to report to Lowell C. McAdam, Chairman and CEO of Verizon. Daniel S. Mead, formerly Verizonís EVP and President and CEOĖ Verizon Wireless, has been appointed to a new role as EVP and President of Strategic Initiatives, with responsibility for directing the transfer of Verizonís wireline operations in California, Florida and Texas to Frontier Communications Corporation. Mead will continue to report to McAdam. Mead expects to retire following the completion of the strategic initiatives on which he is working.
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