Friday, April 3, 2015
Samsung snags big iPhone deal
Electronics giant Samsung reportedly secured a big deal related to Apple's iPhone. Let's take a look at the technology stocks to watch Friday:
Samsung. The company will make the main chip used in Apple's next iPhone, reports Bloomberg. Recent chips had been made by Taiwan Semiconductor Manufacturing Company.
Sony. The makers of the PlayStation 4 have acquired the assets for cloud gaming service OnLive, which will shut down as of April 30. The technology will help bolster Sony's current streaming gaming platform PlayStation Now.
Facebook. In case you need proof of Facebook's social networking dominance, research firm Strategy Analytics finds the company accounted for 75% of total advertising spending on social networks last year, reports Marketing Land. Meanwhile, Twitter earned a 8% share of ad revenue.
Microsoft. The tech giant is bringing its Office Lens app to the iPhone and Android smartphones. The app allows users to turn their phone into a portable scanner, by taking pictures with a camera.
Comcast. The cable giant is rolling out its fast Gigabit Pro broadband service in Atlanta. Comcast claims it will run at 2 gigabits per second, fastest in the country.