Stock News: Shark Problems for Google Inc (NASDAQ GOOG)

Google (NASDAQ GOOG) has a big problem and this time, it involves sharks. The search giant’s fiber optic cable lines in the Pacific Ocean are being ravished by great white sharks and now the company is forced to do a massive repair project. Google plans on reinforcing the fiber-optic cables deep inside the ocean to prevent sharks from eating through the cables. The reason sharks … Continue reading Stock News: Shark Problems for Google Inc (NASDAQ GOOG)

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Top Stock: Apple (NASDAQ AAPL) Plans Servers in China

In an historical development, Apple Inc (NASDAQ AAPL) has started housing data servers on Chinese soil to store personal data of Chinese users, potentially out of the reach of US legal jurisdiction. Although Apple claims the move is to “improve service,” the issue of government access to cell phone communications that can be used to control a domestic population is addressed. The storage would include … Continue reading Top Stock: Apple (NASDAQ AAPL) Plans Servers in China

Stock in Focus: Product Management VP of Facebook (NASDAQ FB) Resigns

Sam Lessin, the vice president of product management of Facebook Inc (NASDAQ FB) announced his resignation in a post on the company’s website yesterday. According to him, he will step down from his position effective August 29. Lessin didn’t have immediate plans for his next move for his career, but intends to help his wife’s online publication and spend some time-off kite surfing and skiing. … Continue reading Stock in Focus: Product Management VP of Facebook (NASDAQ FB) Resigns