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SLIDESHOW: Apple's Groundbreaking Patent, Ballmer's Retirement And More From The Fourth Week Of August

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Apple (NASDAQ: AAPL) has taken an interest in developing a system to control virtual objects.

After Apple filed a patent for what could be the company's answer to Kinect (the Microsoft-developed (NASDAQ: MSFT) motion-based control system for Xbox), investors began to wonder what Apple might do next.

As big as that story was, it did not have the market-moving power that accompanied Steve Ballmer's retirement. He will be leaving Microsoft in 2014.

Elsewhere in tech, Sony (NYSE: SNE) announced that PlayStation 4 will be released in North America and Europe this November. Rumors claimed that the console will arrive in Japan and Asia Pacific one month later.

Google (NASDAQ: GOOG) was rumored to be working on a deal to secure the NFL Sunday Ticket, but many analysts argued that it was unlikely to succeed.

These were just some of the week's hottest stories in technology. Click through the slideshow to read them and several more from the fourth week of August.

Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.

Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at 248-636-1322 or louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ

Posted-In: Android Apple Apple TV best buyNews Rumors Success Stories Tech Best of Benzinga

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    Apple's Groundbreaking Patent Builds Buzz

    Apple's Groundbreaking Patent Builds Buzz

    Apple (NASDAQ: AAPL) gained a tremendous amount of buzz this week after filing a patent for a game-changing control mechanism.

    In short, Apple has come up with a way (or at least filed a patent for a way) to generate and manipulate 3D objects using 3D gesture inputs.

    The potential for iPad, Apple TV and other inclusions are mind-boggling. It could wholeheartedly change the way consumers interact with their devices.

    Image Source: Wikimedia Commons
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    Steve Ballmer Announced His Retirement Plans

    Steve Ballmer Announced His Retirement Plans

    Steve Ballmer is ready to leave his post as CEO of Microsoft (NASDAQ: MSFT).

    While an exact retirement date has not been set, Ballmer revealed that he will retire within the next 12 months.

    He will remain as CEO until the company can find an appropriate replacement.

    Image Source: Wikimedia Commons
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    Will BlackBerry Patents Power Future iPhones?

    Will BlackBerry Patents Power Future iPhones?

    If BlackBerry (NASDAQ: BBRY) can't turn the business around, it might end up selling off its assets.

    Forget about the smartphone manufacturing business -- analysts doubt that anyone will want that.

    Instead, patent-hungry institutions like Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) may come knocking at BlackBerry's door.

    If they do, BlackBerry patents could end up powering future iPhones, Windows smartphones or Android devices.

    Image Source: Wikimedia Commons
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    Apple And China Mobile Inch Even Closer To A Deal

    Apple And China Mobile Inch Even Closer To A Deal

    How close are Apple (NASDAQ: AAPL) and China Mobile (NASDAQ: CHL) to signing a deal?

    Report after report claims that the two parties are ridiculously close to an agreement that would bring the iPhone to millions of new customers.

    This is the kind of growth deal that investors have been waiting for, and it could be right around the corner.

    Image Source: Wikimedia Commons
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    Google Rumored To Gain NFL Partnership

    Google Rumored To Gain NFL Partnership

    In an unlikely event that sent shivers up the spines of cable providers everywhere, Google (NASDAQ: GOOG) was rumored to form a partnership with the National Football League.

    The goal was to gain access to the NFL Sunday Ticket, which would provide Google's pay-TV service with a tremendous boost.

    If the deal was exclusive, it could be huge for Google.

    But cable providers are said to oppose the deal, which could make it difficult for Google to reach an agreement.

    Image Source: Wikimedia Commons
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    Sony Announced PlayStation 4's Release Date

    Sony Announced PlayStation 4's Release Date

    In North America, consumers can purchase the new unit on November 15.

    European gamers can get their PlayStation 4 on November 29.

    While it is not yet known when Sony (NYSE: SNE) will release the console in Japan, the company is expected to ship it in December.

    Image Source: Wikimedia Commons
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    Google Not Renting Retail Space At Every Best Buy?

    Google Not Renting Retail Space At Every Best Buy?

    Google (NASDAQ: GOOG) was expected rent a significant portion of retail space at Best Buy (NYSE: BBY) outlets across the country.

    Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and Samsung (OTC: SSNLF) have already set up shop at the nation's largest electronics retailer.

    A source close to the situation told Benzinga that Google will not be joining those firms, despite the rumors claiming otherwise.

    Image Source: Wikimedia Commons
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    Hewlett-Packard Vowed To Stop Wasting Billions

    Hewlett-Packard Vowed To Stop Wasting Billions

    Hewlett-Packard (NYSE: HPQ) CEO Meg Whitman revealed this week that the company is done with multi-billion-dollar acquisitions.

    "We don't need a $5 or $6 billion acquisition," she told CNBC. "I think there are acquisitions in the hundreds, $300 million range, maybe some up to a billion and a half that we might be interested in."

    This is a big change for Hewlett-Packard, which was known for spending billions of dollars on massive acquisitions.

    Image Source: Wikimedia Commons
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    Apple Approached Content Makers For iTV Launch

    Apple Approached Content Makers For iTV Launch

    iTV, Apple TV, Apple Television -- whatever you call it, people want it.

    And Apple is eager to give it to them.

    Before it can do so, the company must ink a deal with key content providers.

    Earlier this week Apple approached three of the industry's biggest players -- Disney (NYSE: DIS), Time Warner (NYSE: TWX) and Viacom (NASDAQ: VIA) -- about a possible deal.

    The results of those discussions have yet to be revealed.

    Image Source: Wikimedia Commons
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    Hollywood Studios Could Own Netflix By Default

    Hollywood Studios Could Own Netflix By Default

    Rich Tullo, Director of Research at Albert Fried & Company, has a grim outlook for Netflix (NASDAQ: NFLX).

    In an interview with Benzinga, he explained what will happen if Netflix can't pay back its $6.3 billion debt to Hollywood.

    "The only way Hollywood gets its money back is either [Netflix goes] bankrupt and Hollywood owns Netflix, which is bad for the shareholder, or it generates cash flow," Tullo told Benzinga.

    Despite the risk, Netflix continues to spend millions acquiring original content and billions on content produced by other studios.

    Image Source: Wikimedia Commons
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