Here are the Top Stories Which Drove Tech Stocks This Week
Here’s your Cheat Sheet to this week’s top tech industry business headlines:
Apple (NASDAQ:AAPL): Current price $474.98
Apple has now patented an iPhone without a home button, which is believed to be the anticipated cheaper version of the successful smartphone. According to the United States Patent & Trademark Office filing, the device will be made out of a “clear plastic body.” The patent describes the product as “A portable device which has a rear facing camera assembly and a front facing display assembly that includes at least a protective cover layer, a display stack that includes a plurality of display components arranged in a plurality of interconnected layers, the display stack providing an imaging service, and a flat support chassis arranged to provide support for the display stack.”
Following years of chatter that Apple is developing streaming radio service through which to rival such names as Pandora Media (NYSE:P), a new find in the most recent version of iOS imply that such a service might be poised for an intro, possibly even this year. Details are sketchy and discussion with music labels are said to have been arduous. 9to5Mac searched through the latest version of iOS and found two radio buttons labeled “buy” that could ultimately lead to a portal at which iOS device users can subscribe to Apple’s upcoming streaming radio service.
There are rumors that Apple is thinking seriously about making a bigger form-factor iPhone in the near-term. The chatter has been lent credence by the Chinese mobile phone information site Laoyaoba.com reporting from a source who has seen the iPhone 5S and iPhone 6 at Apple’s suppliers and that ”the iPhone 5S resembles the iPhone 5 and the five-inch iPhone 6 is lighter and thinner.” The website added Thursday that both models could be launched this year.
Washington Post Co. (NYSE:WPO): Current price $398.68
The Washington Post is the latest victim to have been hacked by Chinese hackers, adding to a list of United States news organizations that includes Bloomberg News and The Wall Street Journal, which said on Thursday that it too had been a victim of Chinese cyberattacks. Knowledgeable sources say that The Washington Post’s computer systems were also attacked by Chinese hackers in 2012.
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Research In Motion Limited (NASDAQ:BBRY): Current price $16.49
Research In Motion put its new ticker symbols into effect on Monday, February 4th, trading as “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. However, the legal name of the firm is not yet changing and it will do business as BlackBerry until shareholders vote for the official change at its Annual General Meeting later in the year.
Don’t Miss: Hello BlackBerry, Welcome to the Nasdaq!