Tech Stock Update: Microsoft Corp. (NASDAQ:MSFT), Verizon Communications Inc. (NYSE:VZ), Google Inc. (NASDAQ:GOOG)

Here’s another batch of tech stocks that will see some changes today. The following companies should see some movement: Microsoft Corp. (NASDAQ:MSFT), Verizon Communications Inc. (NYSE:VZ), Google Inc. (NASDAQ:GOOG).

Here is a more detailed look at stories affecting the firms’ stock prices.

Microsoft Corp. (NASDAQ:MSFT)

Microsoft Corp. (NASDAQ:MSFT)

WinRumors has reported that Microsoft Corporation (NASDAQ:MSFT) may announce new low-end Windows Phone 7 specifications.
According to a report that appeared in WinRumors, Microsoft Corporation (NASDAQ:MSFT) is planning to launch some low end devices powered by Windows Phone 7.

The move is considered to be a part of the software giant’s attempt to compete with several new affordable phones that run on different operating systems, like Google Android.

Although no details regarding the specifications are available yet, it is believed that manufacturers may be allowed to use cheaper components.

Verizon Communications Inc. (NYSE:VZ)

Verizon Communications Inc. (NYSE:VZ)

Verizon Communications (NYSE:VZ) has finalized its $1.4 billion Terremark cloud acquisition deal.
The communication service provider Verizon Communications (NYSE:VZ) has announced that it has finalized the purchase of cloud computing provider Terremark Worldwide Inc. for $1.4 billion.

The company announced the acquisition in January to strengthen its cloud computing strategy, everything-as-a-service. Verizon Communications (NYSE:VZ) said that integrated cloud solutions will reach the market by the end of this year.

Robert Toohey, Verizon Communications (NYSE:VZ) president, said, “In the coming months, we’ll leverage our collective strengths to roll out a differentiated portfolio of secure, on-demand cloud computing solutions to be delivered through a unified enterprise IT platform”.

Google Inc. (NASDAQ:GOOG)

Google Inc. (NASDAQ:GOOG)

Google Inc. (NASDAQ:GOOG) has invested $168 million in a solar energy project.
The search engine giant said in an official statement that it has invested $168 million in BightSource Energy’s solar energy project.

Rick Needham, Google’s director of green business operations, said in blog post that, “The solar receiver generates steam, which them spins a traditional turbine and generator to make electricity. Power towers are very efficient because all those mirrors focus a tremendous amount of solar energy onto a small area to produce steam at high pressure and temperature.”

We could possibly see more movement as the markets continue for Microsoft Corp. (NASDAQ:MSFT), Verizon Communications Inc. (NYSE:VZ) and Google Inc. (NASDAQ:GOOG).

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