Tech Business Review: AOL’s Video Library, Microsoft Will Form News Op
All of AOL’s (NYSE:AOL) library of almost 20,000 original videos will be “distributed and monetized” through YouTube (NASDAQ:GOOG). comScore calculates that the firm served 664 million videos to nearly 40 million unique domestic viewers in July. Only YouTube’s U.S. video views were higher.
Microsoft Corporation (NASDAQ:MSFT) just recently divested its 50 percent investment in MSNBC and is now creating a news operation in support of a revamped, touchscreen-centric MSN.com. A company executive says that the news division will gather and join reports from third parties, but some original material will also be provided.
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Touchscreen controller supplier Synaptics Incorporated (NASDAQ:SYNA) is downgraded to Sector Perform by John Vinh at Pac Crest, who says that it has lost significant Chinese smartphone share to MediaTek. Additionally, Vinh that shortages of in-cell touch panels, along with Apple’s (NASDAQ:AAPL) 1-year exclusivity deals with LCD suppliers for in-cell panels, will impact Synaptics’ in-cell controller sales.
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