As growth in Amazon's basic online marketplace has slowed, CEO Jeff Bezos is looking for new opportunities. But whether its online video, tablets and phones, or cloud computing service, nothing is coming easy.
This quarter has been very busy and eventful for Microsoft. Not only did the company announce the appointment of new CEO Satya Nadella but it also launched its popular Office suite for the iPad for the first time and came out with a major update to Windows 8.1.
Four major tech companies including Apple and Google have agreed to settle a large antitrust lawsuit over no-hire agreements in Silicon Valley, according to a court filing on Thursday. Tech workers filed a class action lawsuit against Apple Inc (AAPL.O), Google Inc (GOOGL.O), Intel Inc (INTC.O) and Adobe Systems Inc (ADBE.O) in 2011, alleging they conspired not to poach one another's employees in order to avert a salary war. The case, closely watched in Silicon Valley, was largely built on emails among top executives, including late Apple Chief Executive Steve Jobs and former Google CEO Eric Schmidt, who agreed not to approach each others employees with job offers.