Facebook ACQUIRES New Engineer and 4 Tech Titans on the Move Today
Facebook, Inc. (NASDAQ:FB): Canada-based design studio, Acrylic, states that its founder and engineer Dustin MacDonald was ”acqhired” by Facebook (NASDAQ:FB), according to AllThingsD. Acrylic’s Pulp and Wallet were not part of the purchase, but Macdonald will join the Facebook design team. The shares traded down $0.26 (0.90%) recently at $28.50.
Apple Inc. (NASDAQ:AAPL) and Google (NASDAQ:GOOG) appealed a federal judge’s decision to reject their requests for the temporary ban of sales of each other’s cell phones, reports Bloomberg. The judge also refused to award damages to either company, who are accusing each other of patent violation, the Bloomberg added.
Google Inc. (NASDAQ:GOOG): In San Antonio, Texas at Plug-in 2012, SPX Service Solutions (NYSE:SPW) announced its intentions to try Plugless Power wireless charging technology on its own Chevrolet Volt electric vehicle as a trial. this announcement makes Service Solutions the first of ten companies to announce involvement with the second phase of the Apollo Launch Program, which is an initiative started by Evatran, which attempts to encourage electric vehicle adoption through following a group of industry leaders while the trial wireless electric vehicle charging. Service Solutions joins industry leaders from the first phase of the Apollo Launch Program including Google (NASDAQ:GOOG), Hertz (NYSE:HTZ), and Duke Energy (NYSE:DUK). The shares traded up $2.98 (0.49%) recently at $613.80.
Microsoft Corporation (NASDAQ:MSFT): Nokia (NYSE:NOK) recently entered negotiations with European operators regarding the formation of exclusive partnerships for the launch of a smartphone using the Windows 8 platform from Microsoft (NASDAQ:MSFT), according to the Financial Times. The relationship will provide the operator a financial stake in the success of the range, states a source. The shares traded down $0.82 (2.73%) recently at $29.29.
Intel Corporation (NASDAQ:INTC): According to Stifel Nicolaus’ beliefs, Lam Research (NASDAQ:LRCX) should see a boost to its December quarter due to increased spending by Intel. The firm predicts that share buybacks will support that stock, and it keeps a Buy rating and a $60 price target on the stock. The shares traded down $0.37 (1.45%) recently at $25.15.
Don’t Miss: Apple and Google Won’t Back Down.
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