Tech News: Apple Inc. (AAPL)’s Repurchase, Google Inc (GOOG) TV & Microsoft Corporation (MSFT)

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Google Inc (NASDAQ:GOOG) has introduced Chromecast cheaper TV dongle (eFinanceHub)
Google Inc (NASDAQ:GOOG) has announced a cheaper competitor to Apple Inc. (NASDAQ:AAPL) TV – a “dongle” device called Chromecast. Dongle can be plugged into a television’s HDMI port, and it allows users to play media from smartphones, tablets and computers. …Upgraded Nexus 7 tablet has been launched by Google Inc (NASDAQ:GOOG); it was the first which can run the latest version of android system.  Google Inc (NASDAQ:GOOG) has lost the power in its attempts to make a move into the living room in 2012, which was considered by a number of experts to be ripe ground for making huge profits through commercialization.

Google aims more devices at Apple (DailyHerald)
Google Inc (NASDAQ:GOOG) has unveiled a sleeker and more powerful version of its Nexus 7 tablet that runs on the company’s Android software. Prices for the improved model start at $229, or $30 higher than the lowest-priced Nexus 7 current on sale. The Internet company is also taking another stab at making it easier for people to display Internet content on their TVs with a new device called Chromecast that plugs into the HDMI ports of flat-panel TVs. It sells for just $35 and includes three free months of Netflix, Inc. (NASDAQ:NFLX).

Microsoft Becomes #19 Most Shorted Dow Stock, Replacing Procter & Gamble (Forbes)
The most recent short interest data has been released by the NASDAQ for the 07/15/2013 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by “days to cover.” In our new rank based on the most recent short interest data from NASDAQ, Microsoft Corporation (NASDAQ:MSFT) has taken over the position of #19 most shorted Dow component, from The Procter & Gamble Company (NYSE:PG) which is now in the #22 spot. The “days to cover” at 07/15/2013 was 2.66 for Microsoft Corporation (NASDAQ:MSFT), and 2.42 for The Procter & Gamble Company (NYSE:PG); this compares to the average across all Dow components of 3.96.




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