This column highlights the most interesting and useful tech news from around the Web.
The Markets Are Open
Link: Zynga Inc. CFO Joins Facebook Inc.
(NASDAQ:ZNGA) finance head David Wehner left the company to join Facebook
(NASDAQ:FB), leaving a vacancy that was immediately filled by the game developer by promoting Mark Vranesh to the slot.”
Link: Nokia: We’ve Stooped in Smartphones to Conquer in Windows Phone 8 — 'We Will Innovate, Out-Maneuver, Outsell Everyone'
(NYSE:NOK) is running ads in Europe for its new Windows Phone 8 devices, the Lumia 920 and 820, emblazoned with the legend ‘everyone loves a comeback’. You can’t accuse the once mighty king of mobile of not having a sense of humour about its current lowly position in the smartphone rankings — more also-ran than undisputed champion. The 800lb gorilla in the room is of course Google’s
(NASDAQ: GOOG) Android OS — which owned a full three-quarters (75%) of the global market in Q3, according to IDC estimates
— versus a fractional 2% for Windows Phone (plus Microsoft’s older Windows Mobile OS combined). That figure incorporates all OEMs using Windows Phone, not just Nokia — shaving a tiny bit more off Nokia’s tiny share of the market. Nokia’s legacy OS Symbian accounted for just 2.3% of the market – still more than Windows Phone.”
Link: Activision Blizzard, Inc.’s COD: Black Ops 2, Might Restrict Microsoft’s Halo 4 Success
“Activision Blizzard, Inc.
(NASDAQ:ATVI) is being remembered for its best-selling game, Call of Duty. The company is on track to launch its biggest title. Call of Duty is the top-seller on MSFT’s
(NASDAQ:MSFT) Xbox360 and will also be introduced for various platforms including PCs, PS3 and Wii.
“Microsoft’s launch of Halo 4 has set new records which may harm Activision Blizzard, Inc., but ATVI is expecting that their launch of COD: Black Ops 2 will set new records and also will beat previous company records of the same series. The COD series is being considered as the top-selling title around the globe. Certain new features are being introduced within the game that makes it the best one among all. Top game retailers are preparing for the special events ahead of the Call of Duty launch.”
Link: IBM Unveils Groundbreaking Technology to Reduce Traffic Jams on the Road
“Drivers may soon spend less time stuck in a traffic jam thanks to groundbreaking technology developed by IBM
(NYSE:IBM), the company announced Wednesday.
“Researchers at the tech giant teamed up with Lyon, France to build a system that helps traffic operators at the city’s transportation management center reduce congestion on the road, and restore traffic flow.”
The Motley Fool
Link: Amazon Sells Kindle Fire for $200 Less Than iPad Mini in Holiday Special
“Holiday discount season is back at Amazon.com
(NASDAQ:AMZN) . On Tuesday, the e-tailer published a 'lightning deal,' pricing its entry-level Kindle Fire tablet at $129, a $30 discount to its list price, and $200 less than Apple
's (NASDAQ:AAPL) iPad mini.
“Amazon published the deal at 10 am pacific. By 1 p.m., all discounts had been claimed. CEO Jeff Bezos says that Amazon generally sells the Fire and its newer cousin, the Fire HD, at near cost, so any extended discounting could come at a price.”
Link: Apple Inc. Has Investors Still Bullish, Despite Recent Drop
“A 20% decline in share price in less than two months has everyone talking
about Apple Inc.. Analysts from every investment firm are coming up with their own forecasts of the stock and making lists of what’s wrong with it. Jeffrey Gundlach
is one guru who recently predicted that the stock would drop all the way down to $425 a share by next year.
“This doom and gloom assessment of Apple Inc.’s stock comes on the heels of big gains for the tech giant’s shares. In August Apple Inc. set a new record for largest market cap, as it seemed like the stock just kept on soaring. But has the Apple bubble finally burst? And if so, is it permanent?”
No positions in stocks mentioned.