Apple Considers Waze and 3 Tech Titans on the Move
Apple Inc. (NASDAQ:AAPL), whose own map app was a disaster, is reportedly having talks to acquire Waze, a smartphone map app startup. TechCrunch reported that the two companies have entered negotiations, but are hung up on the price. According to the report, Waze is looking for $750 million while Apple is only offering $400 million plus $100 million in incentives.
Google Inc. (NASDAQ:GOOG): In a blog post, Dave Heiner, Microsoft’s (NASDAQ:MSFT) Deputy General Counsel, said, “The European Commission has stated publicly that Google Inc. must address four areas of concern regarding their business practices, or else they will face enforcement action. We understand that the European Commission and Google are working toward a binding, enforceable legal order that will address these competition law concerns. Separately, news reports suggest that Google will finally agree to live up to their promises to make their standard essential patents available to all, on reasonable terms. Unfortunately, this agreement appears to be less demanding than the pledge the U.S. Department of Justice received from Apple (NASDAQ:AAPL) and Microsoft nearly a year ago. We continue to be dogged by an issue we had hoped would be resolved by now, but Google continues to prevent Microsoft from offering consumers a fully featured YouTube app for the Windows Phone. Hopefully, Google will wake up to a New Year with a resolution to change their ways and start to conform with the antitrust laws. If not, then 2013, hopefully, will be the year when antitrust enforcers display the resolve that Google continues to lack.”
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Microsoft Corporation’s (NASDAQ:MSFT) move to add infrastructure and enhanced virtual machine support to their Azure platform gives their cloud offering the ability to match Amazon’s infrastructure-as-a-service (IaaS) product while still providing customers with richer platform-as-a-service options, according to one analyst who believes Microsoft is well positioned to gain cloud momentum in 2013. ”We remain positive on Azure due to its high compatibility with existing enterprise software,” said Mark Moerdler, Senior Software Analyst at Bernstein Research.
Intel Corporation (NASDAQ:INTC): According to Bloomberg Business Week, Samsung Electronics (SSNLF), in a move to reduce their reliance on Google’s (NASDAQ:GOOG) Android operating system, will begin selling smartphones with the Intel-backed Tizen operating system.
Don’t Miss: Is Good News Headed Apple’s Way?