Apple Inc. (NASDAQ:AAPL) is stitching together a network of Internet infrastructure capable of delivering large amounts of content to customers, giving the company more control over the distribution of its online offerings while laying the groundwork for more traffic if it decides to move deeper into television. Apple Inc. (NASDAQ:AAPL) stock opened at $502.61 in last trading session, and closed at $501.53, trading in the range of $499.30 – $507.73. The stock showed a negative weekly performance of -8.90%.
As MWC is just few weeks away, Nokia Corporation (ADR) (NYSE:NOK) is eyeing to introduce its dual-SIM smartphone likely Nokia Asha 504. Nokia has launched several high-end devices recently, but the company’s lower-end offerings are also a very important source of revenue, especially in emerging markets. The Nokia Asha line has proved to be very successful, as it consists of low-end phones with dirt cheap price tags, but with some notable features for their category. Nokia Corporation (ADR) (NYSE:NOK) shares closed at $6.66 on last trade day, by losing -3.76%. Stock 52 week range is $3.02 – $8.20. Company’s market capitalization is $24.72 billion.
On Monday, Facebook Inc (NASDAQ:FB) stepped more directly onto the news media’s turf, rolling out a new iPhone app called Paper that enlists a handful of human editors to supplement its computers in recommending articles and blog posts on a dozen topics, including top news, food, parenting, the environment and gay rights. The app, which made its debut to rave reviews from tech news sites, offers users an easy way to browse their news feeds. But it also presents them with a series of minimagazines, each with a distinct tone and articles chosen by unidentified curators the company says have extensive expertise in their fields. Those editors are “painting the order and organizing the stories in a way that is rich and engaging,” said Michael Reckhow, Paper’s product manager. Facebook Inc (NASDAQ:FB) stock decreased -1.74% and finished the last session at $61.48. The EPS of the stock remained 0.59. Company’s market capitalization is $150.92 billion.
Twitter Inc (NYSE:TWTR) has not responded to reports, from others and from us, that it is building a marketplace-style platform where users can buy things, but the social network appears to be quietly building it out anyway. The latest development is that Twitter has posted job ads for people to work on a commerce service — one of the rare times that the company has itself disclosed detail of what it is planning to do. Some of it confirms earlier reports of how Twitter commerce will take shape. Twitter Inc (NYSE:TWTR) stock opened at $65.92 in last trading session and closed at $65.25. The 52 week range of the stock is $38.80 – $74.73 and the day range was $64.21 – $66.48.
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