Tech Five: Twitter reportedly weighs acquisition
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Tech Five: Twitter reportedly weighs acquisition
Post to FacebookThe acquisition chatter continues, this time featuring social network Twitter. Here are the five technology stocks to watch Tuesday:
Twitter.[1]Re/code reports[2] the company is considering an acquisition of SoundCloud, the online audio service. SoundCloud has grown steadily[3] since it first launched in 2008. Last fall, SoundCloud revealed it topped 250 million users[4]. Shares of Twitter are up 1.2% in pre-market trading.
Microsoft.[5] The tech giant hosts an event in New York[6] on Tuesday, where it is expected the company will reveal two new Surface tablets. Analysts predict Microsoft will enter the mini-tablet market with smaller devices boasting a 7- to 8-inch screen.
Groupon.[7] The daily deals site launched Gnome, an iPad-based platform for merchants to use to redeem vouchers or as point-of-sale systems similar to Square Register. It's not clear when Gnome will be available, or how many retailers will use the service.
Netflix.[8] Netflix chief product officer Neil Hunt says the streaming media service will move away from its standard navigation grid in favor of more personalized recommendations, reports TechCrunch[9].
Google.[10] Although the company has yet to confirm a deal between its YouTube video site and video game streaming service Twitch, enterprise company Divide revealed[11] it has been scooped up by Google. Divide, which specializes in mobile app experiences for work, will work with Google's Android team.
Follow Brett Molina on Twitter: @bam923[12].
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References
- ^ http://www.usatoday.com/money/lookup/stocks/twtr/ (rssfeeds.usatoday.com)
- ^ http://recode.net/2014/05/19/twitter-is-considering-a-deal-to-buy-soundcloud/ (recode.net)
- ^ http://www.usatoday.com/story/tech/2014/05/19/soundcloud-twitter-acqiuistion-rumors/9299947/ (rssfeeds.usatoday.com)
- ^ http://techcrunch.com/2013/10/29/soundcloud-now-reaches-250-million-listeners-in-its-quest-to-become-the-audio-platform-of-the-web/ (techcrunch.com)
- ^ http://www.usatoday.com/money/lookup/stocks/msft/ (rssfeeds.usatoday.com)
- ^ http://www.usatoday.com/story/tech/2014/05/19/microsoft-announcement-surface/9296169/ (rssfeeds.usatoday.com)
- ^ http://www.usatoday.com/money/lookup/stocks/grpn/ (rssfeeds.usatoday.com)
- ^ http://www.usatoday.com/money/lookup/stocks/nflx/ (rssfeeds.usatoday.com)
- ^ http://techcrunch.com/2014/05/19/netflix-neil-hunt-internet-week/ (techcrunch.com)
- ^ http://www.usatoday.com/money/lookup/stocks/goog/ (rssfeeds.usatoday.com)
- ^ http://www.divide.com/ (www.divide.com)
- ^ http://twitter.com/bam923 (twitter.com)