Tag | stock
Apple shares were down roughly 5% this morning, many speculating it was related to Steve Jobs’ medical leave. It will be interesting to see how the price changes after the earnings call this afternoon and with their 2011 product line-up.
Microsoft announced the launch of the official Bing for Mobile Android Application this week, exclusively for Verizon customers. The app features the Bing image of the day, with clickable hotspots, and supports voice search for quick and relevant answers for things like movies, stock quotes, and flight statuses. As an alternative to Google Maps, the Bing app will automatically find your current location, discover nearby places by category, and provides walking or driving directions.
Download the app from the Android Market […]
Intel announced that it will purchase McAfee, the creators of anti-virus software, this month for ~$7.7 billion. According to the NY Times, “Under the terms of the deal, Intel will pay $48 a share in cash, a 60 percent premium to McAfee’s Wednesday closing stock price of $29.93.”
With the acquisition of McAfee, Intel will enter into the security sector, which is expected to encounter continuous growth. Read more from the official release below. (via Business Wire)
Intel to Acquire McAfee
MMC (Mail.com Media Corporation), a leading digital media company, acquired BGR today. You can read more from the excerpts of the press release below.
FOR IMMEDIATE RELEASE
MMC ACQUIRES BGR.COM ONE OF THE LEADING DIGITAL CONTENT SITES IN THE WORLD
Boy Genius Report and Jonathan Geller join MMC, Jay Penske’s growing digital media and publishing network
LOS ANGELES – April 27, 2010 – Mail.com Media Corporation, (MMC), the digital media company that owns and operates the Mail.com portal and email […]