Google on Wednesday unveiled new open-source software for TVs and cars, accelerating its competition against Apple into a higher gear. With its new announcements, Google (GOOGL) has begun “laying a foundation” for Android software to be used for all Internet-enabled devices, said Sundar Pichai, a Google (GOOG) senior vice president. “We are beginning to think about all of our platforms beyond mobile,” Pichai said. Google stock
The Supreme Court on Wednesday ruled that Aereo’s TV-over-Internet service violates broadcasters’ copyrights as justices tried to skirt larger issues involving cloud media storage. Broadcasting networks had filed suit vs. the startup, which doesn’t pay license fees like pay-TV companies. Aereo uses dime-sized antennas located in data centers to capture free over-the-air TV signals. It stores shows in a cloud-based DVR for
Memory chip maker Micron Technology late Monday beat Wall Street’s fiscal third-quarter estimates, but the highflying stock was little changed in after-hours trading. Micron (MU) stock fell a fraction late after closing down nearly 2% to 31.26. The stock hit a 12-year-high 32.43 last Wednesday. The Boise, Idaho-based company earned 79 cents a share excluding certain items for the quarter ended May 29, up from 4 cents a share a