Weekly Highlights: Amazon's First Smartphone, Google's Latest Acquisition And More
This week was an unusual one.
Instead of being dominated by headlines from Apple, the week proved to be ruled by Google (NASDAQ: GOOG).
The search engine giant made a key acquisition, filed a promising patent, and received investor hype from Jim Cramer.
IKEA will use wind power to generate electricity for numerous stores and facilities.
Tru Optik revealed the grim truth behind Game of Thrones piracy.
Twitter (NYSE: TWTR) acquired Gnip.
Last but not least, MovieLaLa teased its upcoming launch.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Amazon's First Smartphone: Just Two Months Away?
It's hard to believe that Amazon will release its first smartphone in just two months, but a new report indicates that one is right around the corner.
The highly anticipated device is rumored to contain a 3D display. It could ship this June.
This would be the second major, all-new product that Amazon launched in 2014, following the release of its first set-top box, Fire TV.Image Source: Wikimedia Commons
Google Picked Up Another Promising Tech Company
Robot manufacturers, a smart thermostat inventor, a mobile operating system -- these are just a handful of the companies that Google has acquired.
The search engine giant has now acquired Titan Aerospace, a developer of solar atmospheric satellites.
Google will reportedly use the company to enhance its effort to bring Internet-dispersing balloons to areas without Internet access.Image Source: Wikimedia Commons
Pirates Gave HBO Its Very Own Red Wedding
The infamous red wedding will never be forgotten -- not by Game of Thrones fans or by HBO execs.
They were not traumatized by the same red wedding, however. The one that HBO execs are enduring is much more brutal.
Tru Optik, a startup that provides real-time and predictive audience intelligence for the media, entertainment and advertising industries, found that HBO could be losing millions of dollars to piracy.Image Source: Wikimedia Commons
New Google Patent Hinted At An Eye-Popping Future
Could Google's contact lenses help those who are vision-impaired?
That is the ultimate dream, and it seems that Google is dreaming equally big with its latest patent.
Google's concept for smart contact lenses includes embedded micro cameras that could be controlled by blinking.
There are endless possibilities for what Google could do with smart contact lenses, but the primary goal is to improve vision quality.Image Source: Wikimedia Commons
Twitter Acquired Gnip
Twitter may not be as eager as Facebook to buy new startups, but the company made an important acquisition this week.
The company purchased Gnip, which claims to be the world's largest and most trusted provider of social data.
Twitter clearly agrees, but what are industry pundits saying?
"They [Twitter] will get more revenue and deliver a better product to advertisers by owning their data," Eric Corvino, president and founder of digital marketing company Creative Signals, told Benzinga.
"They can monetize it directly instead of sharing revenue."Image Source: Wikimedia Commons
Movies + Match.com = MovieLaLa?
MovieLaLa gave Benzinga a brief look at its upcoming social networking site.
Designed for moviegoers and movie studios, MovieLaLa hopes to bring consumers together in a new and unique way.
One of MovieLaLa's key features is that it will allow users to find people who want to see a movie.
If successful, it could become the Match.com for moviegoers.Image Source: Wikimedia Commons
IKEA Turned To Green Energy
IKEA, the popular Swedish home furnishing retailer, has a new initiative.
This one has nothing to do with lower prices and consumer retention, however.
Instead, IKEA has announced that it will use wind power at 38 stores, five distribution centers, two service centers and one U.S factory.Image Source: Wikimedia Commons
Google's Stock Received The Cramer Seal Of Approval
Famed TV personality and investor Jim Cramer believes that Google is going to perform very well this month.
He wouldn't provide an actual estimate. But in response to a tweet by CNBC's Carl Quintanilla, Cramer said that he agrees with the belief that Google will go much higher in the next two weeks.
Will investors agree and fulfill this prophecy?Image Source: Wikimedia Commons
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