This column highlights the most useful and interesting business and financial commentary on technology every day.
Link: How Much Is a 'Like' on Facebook Worth for a Company's Share Price?
“It's not that Facebook
(NASDAQ:FB) likes caused shares to rise or fall, but the admiration a company gets on social media seems to be a good clue about stock market performance.
“Naturally, people on Wall Street are interested, and many of them are already buying so-called ‘sentiment feeds’ and folding them into the algorithms they use to buy and sell stocks. It's kind of like a digital mood ring.”
Link: Samsung Galaxy Note II Will Hit AT&T Stores November 9 for $299, Pre-Orders Begin October 25
(NYSE:T) has just announced that the Samsung Galaxy Note II
(PINK:SSNLF), the next big thing to come out of the South Korean electronics maker, will be available on blue carrier shelves starting November 9. Online pre-orders begin October 25, around the same time that the phone will be released on Sprint
“It’s no secret that all five major US carriers
will sell the second-generation Samsung tablet, but they seem to have their very own launch strategies. Thus far, Sprint and AT&T are the only carriers to throw out specific dates, while T-Mobile has merely said the phone will launch this 'fall.'
Link: Aiming to Head Off Apple, Microsoft Shows Off Xbox SmartGlass Mobile App and Xbox Dashboard Update
“Hoping to steal a little thunder from Apple’s
(NASDAQ:AAPL) expected iPad Mini announcement today, Microsoft
(NASDAQ:MSFT) announced details of its Xbox SmartGlass app, which extends your entertainment experience across the screens of the TV, tablet, phone, and PC.”
Link: Under New CEO, Yahoo Posts Surprise 3Q Beat
(NASDAQ:YAHOO) posted better-than-expected third-quarter earnings in its first period under new chief executive Marissa Mayer, sending the tech behemoth’s shares higher after hours.
“While net income slipped 14% to $152 million from $177 million in 2011, adjusted earnings per share climbed 66% year-over-year to 35 cents from 21 cents, beating average analyst estimates of 25 cents in a Thomson Reuters
Link: A Healthy Reminder From Amazon: You Don’t Buy eBooks, You Rent Them
“Sometimes the language we use fails to capture the essence of what we’re doing when we are online, or lulls us into a false sense of security about our behavior and what it means. For example, we’ve gotten pretty used to the idea that we can “buy” ebooks from Amazon
(NASDAQ:AMZN): we just click a button and pay with a credit card and there it is on our Kindle. Except that we aren’t really buying it in the traditional sense of the word; we are merely renting it, or paying for access to it under a specific set of circumstances — and a recent incident in which a woman’s account was blocked and all of her books removed
without explanation is a healthy reminder of that.”
News Today Digest
Link: Google Inc.’s Android App Has Serious Security Vulnerabilities, University Researchers
“Serious security flaws are revealed in Google Inc.
(NASDAQ:GOOG)’s Android apps, which is being disclosed by a team of university security researchers. The security researcher’s team claims that Android Apps are overwhelmed by faulty encryption, because 41 Android apps, which were downloaded by as many as 185 million users have insufficient SSL protections and can leak information between devices and web-servers.
No positions in stocks mentioned.