Slideshow: iWatch Release Date, PS4 Dominates And More From The Second Week Of December
Some techies might expect the major news stories to disappear in the days leading up to Christmas.
That might happen, but it hasn't happened yet.
This week proved to very fruitful, with rumors (and leaks!) surrounding the China Mobile (NYSE: CHL) iPhone deal.
Apple (NASDAQ: AAPL) got the industry's attention when a report claimed that the company's first smart watch would launch in October 2014.
Sony (NYSE: SNE) made headlines after it was revealed that the company did, in fact, sell more units domestically than Xbox One in November.
Google Play (NASDAQ: GOOG) revenue finally caught up to Apple's App Store -- but only in Japan.
CBS (NYSE: CBS) paid a small fortune for episodes of Under the Dome.
Amazon (NASDAQ: AMZN) seems to be making more from Kindle owners than everyone else.
Yahoo (NASDAQ: YHOO) acquired three more startups.
And Groupon (NASDAQ: GRPN) bought another startup as well.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Apple's iWatch Rumored For October 2014 Release
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China Mobile Jumped The Gun For iPhone 5S Pre-Orders
China Mobile seemed to have jumped the gun this week when it accidentally took iPhone 5S pre-orders.
China Mobile insisted that an official deal had not been reached with Apple.
Nonetheless, consumers flocked to China Mobile's website to register and become one of the first to buy an iPhone from the carrier.Image Source: Wikimedia Commons
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Kindle Owners Spend More On Amazon
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Google Play Revenue Reaches App Store Level In Japan
Google's online software store, Google Play, has finally caught up to Apple's App Store in Japan.
The two firms now earn roughly the same amount of revenue from Japanese consumers.
Worldwide, Apple still dominates in App Store sales, but Google dominates in daily and overall device activations.Image Source: Wikimedia Commons
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Wal-Mart's $27 iPhone 5C Sale Can't Be Beat
Which retailer has the best deal on the iPhone 5C this weekend?
Consumers can temporarily purchase a Verizon or AT&T iPhone 5C from Wal-Mart for $27.
Note that a two-year contract is required. Consumers who want an iPhone without a contract will still have to pay full price.Image Source: Wikimedia Commons
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Groupon Bought Another Startup
Groupon continued its startup shopping spree this week with another acquisition.
This time around the company purchased Boomerang (rang.com), a site that allows users to send free and paid gifts.
Groupon plans to use the social gifting site to enhance Groupon Freebies, one of its newest services.Image Source: Wikimedia Commons
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Not To Be Outdone, Yahoo Acquired Three Startups
Yahoo is slowly becoming the king of startup acquisitions.
The company purchased not one, not two, but three startups this week.
Most recently Yahoo acquired QuikIO, a cross-platform video streaming app.
The company also purchased Evntlive (an online concert and music service) and Ptch (a movie creation app).Image Source: Wikimedia Commons
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Amazon Paid Huge Price For 'Under The Dome'
The average primetime drama costs $3 million to produce -- per episode.
After paying that price, networks get the chance to earn millions in ad revenue, plus more for syndication, DVD sales, digital downloads, streaming rights, etc.
Next to ad revenue, streaming may prove to be the most profitable.Image Source: Wikimedia Commons
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YouTube Ad Revenue May Set New Record In 2013
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More Tech News You Can't Miss
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