Share of Technology Sector inclined 0.93%.
Why Facebook Inc (NASDAQ:FB) Stock Surged Today?
Facebook Inc (NASDAQ:FB) is a social networking company. The Company is opening its live video streaming service to everyone, the company said on Thursday, as it looks to take on Twitter-owned Periscope and Meerkat, according to CNBC
The U.S. social network is trialing it in the U.S. with a “small percentage of people” on iPhones after originally releasing a live streaming feature earlier this year for celebrities and high profile people.
“Live lets you bring your friends and family right next to you to experience what’s happening together,” Facebook product managers Vadim Lavrusik and Thai Tran wrote in a blog post.
Users will see a “live video icon” in their status update area. You can write a description and choose who you want to see the broadcast such as just friends or the public. The number of live viewers, names of friends tuning in and a real-time stream of comments will also be shown. The video will then be saved on your timeline once the live stream ends. CNBC Report
In addition to the expanded Live video feature, Facebook also declared a new way to view photos and video by grouping them together in a scrolling collage. These collages are organized automatically from your phone’s photos and video that were taken on the same day or in the same location. Collages can be viewed on Facebook’s iOS and Android apps but can only be created for iPhone users right now. They will start rolling out to Android users next year, according to Facebook.
The feature represents Facebook’s latest challenge to online messaging service Twitter, which introduced a live video application called Periscope earlier this year.
‘Live lets you show the people you care about what you’re seeing in real time — whether you’re visiting a new place, cooking your favourite recipe, or just want to share some thoughts,’ said the social network.
Facebook also declared a new photo feature which lets users group pictures together into a collage.
You can edit your collage by adding, removing or re-arranging the photos and videos that you want to comprise.
Collages will start rolling out on iPhone recently and will be available on Android early next year.
Shares of Facebook Inc (NASDAQ:FB), inclined 0.20% to $104.59, during its current trading session.
Why Apple Inc (NASDAQ:AAPL) Stock Surged Today?
Apple Inc. (NASDAQ:AAPL), designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.
Samsung will pay Apple $548m in damages - but then fight to get it back
Samsung has agreed to pay Apple $548m in damages over iPhone patents. But the five-year legal battle is far from over, according to Zdnet
The smartphone rivals on Thursday filed a joint court statement confirming that Samsung would, by December 14, pay Apple the $548m awarded to it in September.
The damages bill stems from Apple’s court award of $1bn in damages over a patent complaint it brought against Samsung nearly five years ago. However, subsequent appeals reduced the amount involved to the figure of $548m.
It emerged in August that Samsung may appeal the decision at the US Supreme Court following a failed bid to contest the damages bill at the US Federal Circuit Court of Appeals. Samsung believed that nearly $400m of the damages were unfairly awarded.
“Samsung further reserves all rights to reclaim or obtain reimbursement of any judgment amounts paid by Samsung to any entity in the event the partial judgment is reversed, modified, vacated or set aside on appeal or otherwise, counting as a result of any proceedings before the USPTO addressing the patents at issue or as a result of any petition for writ of certiorari filed with the Supreme Court,” said Samsung.
Apple said it disputes Samsung’s claimed right to reimbursement.
“Apple notes that Samsung purports to reserve rights to obtain partial reimbursement in the future of judgment amounts it has paid. Apple disputes Samsung’s asserted rights to reimbursement,” said Apple. Zdnet Report
On the Other Report, Apple Releases Swift as Open Source
Apple Inc. (NASDAQ:AAPL), reported that its Swift™ programming language is now open source. As an open source language, the broad community of talented developers — from app developers to educational institutions to enterprises — can contribute to new Swift features and optimizations and assist bring Swift to new computing platforms. Introduced in 2014, Swift is the fastest growing programming language in history and combines the performance and efficiency of compiled languages with the simplicity and interactivity of popular scripting languages.* Apple recently also launched the Swift.org website with detailed information about Swift open source, counting technical documentation, community resources and links to download the Swift source code.
Apple’s hope is that the worldwide developer community will contribute to the evolution of Swift as a programming language, making it better, faster and available on more computing platforms.
“By making Swift open source the entire developer community can contribute to the programming language and help bring it to even more platforms,” said Craig Federighi, Apple’s senior vice president of Software Engineering. “Swift’s power and ease of use will inspire a new generation to get into coding and with today’s announcement they’ll be able to take their ideas anywhere, from mobile devices to the cloud.”
The world of coding is changing rapidly, as deployment for mobile devices and operating systems surpasses traditional desktop development. Swift has competition from the likes of Google’s new language, Go, and also Mozilla Research’s Rust.
Shares of Apple Inc (NASDAQ:AAPL), gained 2.48% to $118.03, during its current trading session.