December 1, 2014 – Stock Market News

Despite sanctions in Europe that would love to cripple Google’s empire of internet and tech, the tech giant continues to push further and further into other areas of daily life.  Google’s versatility now has it as the single most popular search engine in the world, but also master of its own browser, smartphone OS and app store, and so on.  Recently Google has managed to push itself into US classrooms, overtaking the iPad in sheer number of devices shipped to US schools.  In the next few years, Google could dominate the classroom with cheaper devices better equipped to cover the needs of students with regard to note-taking and essay-writing.

The cyber attack that hit Sony Pictures last week still has Sony reeling.  In addition to private information regarding certain celebrities being stolen, hackers managed to snag a number of movies that have not yet been released.  A hard hit to take, Sony has had to hire a private cyber-forensics team to try to track the hacker cell that initiated the attack on its movie studio’s data. The attack itself could already mean a loss in revenues.  Further, under some questionable advertising, Sony is going to have to pay off a number of clients who purchased the most recent mobile playstation due to advertising features the device does not possess.  While the holiday season could cushion the blow, Sony’s earnings are not likely to shine as bright as they might otherwise have this holiday season, which could hurt investor prospects.

 

 

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