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Apple (NASDAQ:AAPL) wins a tactical victory in its legal war with Samsung (SSNLF.PK) as Judge Lucy Koh allows a 132-page document of the latter that compares the original Galaxy S with the iPhone to be placed in evidence. The document shows a feature-by-feature comparison of the two devices and even suggests that the Galaxy S needs to be more like the iPhone.
Shares of Nuance Communications Inc. (NASDAQ:NUAN) move up after the company denies that it has plans to make an offer for its clinical transcription rival M*Modal Inc. (MODL), which will be acquired by JPMorgan’s private equity arm for $14 a share. M*Modal’s disappointing second quarter results posted on Tuesday might be why Nuance has backed away. The former also previously divulged that it turned down a $17 per share offer from a rival widely believed to be Nuance because of timing and antitrust matters.
Pandora Media (NYSE:P) Executive John Trimble reports that his company might work to create an ad exchange platform which would serve third-party content providers, specifically in the mobile area where Pandora has had monetization difficulties. In addition, Trimble says that his firm is aggressively strengthening its local ad sales endeavors and aims to take advertising dollars from traditional radio.
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