Microsoft Sees Challenge by Google’s Nexus 7 Update and 2 Other Dow Movers to Watch

Microsoft Corp. (NASDAQ:MSFT): Current price $31.98

On Wednesday, Google Inc. unveiled an updated version of its Nexus 7 tablet, helping the search giant in its endeavors against competitors like Microsoft and Apple. At an event today in San Francisco, Vice President Hugo Barra, Android product management, said that the Nexus 7 — which is being produced in a partnership with Taiwan’s Asustek Computer Inc. — will be “narrower and lighter with a sharper screen,” and “It’s a much more comfortable grip and fits easily into your purse or jacket pocket. The screen having a crisp and bright display makes all the difference.” Google initially debuted the Nexus 7 around a year ago, and is enhancing its lineup of tablets.

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