The government shutdown had some impact on technology stocks
last week, but overall performance was not too bad.
Facebook Goes Even More Public
) has never claimed that it respects privacy and it has now
removed an additional privacy filter that allowed people to
search for a person by name. Zuckerberg has been known to make
statements about how people shouldn't be doing the things they
want to keep secret, so it is apparent that privacy is the least
of his concerns.
Facebook claims that since people can be traced through their
posts or friend lists anyway, users shouldn't mind. It is now
encouraging users to protect each individual post from the people
they don't want to share with. Since this is naturally a
cumbersome process, most people are likely to get careless about
it over time. This is obviously the idea.
Of course Facebook has much to gain. Once everyone is
compulsorily searchable, it greatly improves the effectiveness of
graph search and makes the property more valuable for
advertisers. The company is also rolling out custom advertising
programs to further increase ROI for advertisers. Another
possible future benefit is better data mining for ranking or
rating restaurants, hotels and such other places that can later
be provided as an additional or standalone service.
Cisco Gets Some FIRE
) has now completed its acquisition of Sourcefire, a leading
provider of intelligent cyber security solutions, most of which
are based on Snort, an open-source intrusion detection system.
The company paid $76 in cash for each share of Sourcefire and
also assumed $2.7 billion worth outstanding equity awards.
The acquisition was highly strategic for Cisco, which had been
losing share to Sourcefire in recent times. Therefore, the
acquisition enabled it to pick up key technology and at the same
time eliminate an important competitor.
Security is expected to play a key role in Cisco's future product
strategy, as networks become more intelligent and virtualization
goes mainstream. Additionally, the company is on track to become
a major player in the "Internet of Everything" where security
integration could be an important differentiating factor.
Microsoft Takes on Amazon
Gartner estimates that
) public cloud services business is at least five times the size
of its closest competitors, as the company was able to capitalize
on its first-mover advantage and rock-bottom prices.
) intends to make up for lost time by launching compelling
services at competitive prices.
Therefore, in an attempt to take share in this fast-growing
market, Microsoft will announce discounts for its Windows Azure
cloud services on Nov 1. It will also discount prices and
increase the flexibility of services for customers on long-term
contracts, irrespective of their upfront commitment.
To build on its product portfolio, the company is launching
Windows Server 2012 R2 and System Center 2012 R2, which together
enable the creation of advanced data centers without boundaries
by virtue of its Hyper-V virtualization, cost effective storage
and built-in SDN support.
Other stories you may have missed-
Microsoft Office for iPad
: CEO Steve Ballmer has announced at a Gartner event last week
that Microsoft will soon bring Office to iPad. The company has
been reticent about taking its productivity solutions to iOS and
Android platforms hoping that it would remain a USP for its own
devices. But Microsoft's own Windows-based tablets remain less
popular than rival devices and this is likely an attempt to
ensure that Office doesn't lose market share. Both Apple and
Google offer free productivity solutions.
Yahoo Redesigns Yahoo Mail
: The redesigned
) mail feels quite "Googley," since the company now groups emails
as conversation threads the way Google does in its Gmail. It also
offers 1 terabyte (1,000 GB) of storage compared to just 15GB
Obama Upholds ITC ban against Samsung Devices
: The Obama administration upheld the decision of the
International Trade Commission to ban some older Samsung devices
for infringement on
) patents. Samsung believes that this will create confusion at
customs, which may not be able to identify non-infringing devices
that had been modified with a work-around.
The ITC has prepared a list of devices not infringing by
virtue of this work-around system, so the administration felt
that there wouldn't be such a difficulty. Apple claims that
Samsung renames rather than remakes devices, so the ban should be
extended to other devices as well.
APPLE INC (AAPL): Free Stock Analysis Report
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CISCO SYSTEMS (CSCO): Free Stock Analysis
FACEBOOK INC-A (FB): Free Stock Analysis
GOOGLE INC-CL A (GOOG): Free Stock Analysis
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YAHOO! INC (YHOO): Free Stock Analysis Report
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U.S. Internet Advertising Grows 18%
: According to a report produced by Interactive Advertising
Bureau and PricewaterhouseCoopers, U.S. Internet ad revenue in
the first half of 2013 grew 18% year over year on the back of
mobile ad revenue, which jumped 145%. The growth rates in video,
search and display of 24%, 7% and 9%, respectively were notably
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