Apple Stock on NASDAQ Slides Following Stock Downgrade, Investor Sell Off

Apple’s shares (NASDAQ:AAPL) today on the NASDAQ index are continuing to lose significant value as downward pressure is put on the stock following massive investor selloff of the stock, after analysts downgraded the stock for the first time since October 2010.

Alex Guana, a JMP Securities analyst covering Apple today downgraded his rating on the tech giant to “market perform”, from “outperform”, citing an increase in earnings volatility as Apple’s Chinese manufacturer partner, Foxconn, faces stagnant sales growth.

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Google Overhauls iPhone Search App, New Interface/Features, Available Now

The world’s largest Internet search engine, Google Inc., has released a new search application, Google Mobile App, for Apple iOS devices that includes a revamped user interface with new gesture controls, new features, and improved performance, among other enhancements.

The new swipe features make searches more intuitive by utilizing new swipe gestures that bring up contextual menus. For example, if you swipe from left to right, a contextual menu appears that allows you to filter your results by time, Google Places, Images, News, Videos, Blogs, Discussions, among other parameters.

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Microsoft, Yahoo Chipped Away at Google’s Search Market Share in February

google-searchThe world’s most popular online search engine, Google, lost an immaterial amount of market share in February 2011 over the previous month, according to a new report published by the research firm HitWise.

The decline in Google market share was the result of a marginal gain in the combined market share of top rivals, Microsoft and Yahoo.

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Apple Shows First In-Depth Video Look of GarageBand for iPad

garageband-ipad Apple has published the first promotional detailed video showcasing the new features of GarageBand for iPad.

The application features a number of virtual instruments, including piano, guitar, a drum set, among other instruments and tools.

When using the virtual piano, a user could set a number of different settings, including the ability to change the keyboard size, and even the ability to display dual keyboards.

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Google Brings Instant Previews to Search on Android, iPhone

googleThe world’s largest Internet search engine, Google, has announced a new feature for mobile users that will make searching for content from a mobile a more seamless experience.

Google added a new feature to search result pages that allows users to pan through previews of websites returned in search results.

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RIM Offers Preinstalled Music Store on PlayBook with 7digital Partnership

The Waterloo-based maker of the popular BlackBerry smartphone, Research In Motion (RIM) Inc., has confirmed a new partnership with the online media retailer 7digital Inc.

The strategic partnership aims to make RIM’s upcoming BlackBerry PlayBook tablet more attractive to consumers by offering a seamless app for users to purchase digital media, including individual songs, albums, videos, among other content.

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Google Implements Biggest Search Changes, Penalizes Thousands of Websites

google-searchThe world’s most popular online search engine, Google Inc., yesterday implemented the most significant changes in over a year to its search algorithms that rank websites in an effort to increase the quality of its index.

Google says its primary goal is to provide the most relevant results for queries as quickly as possible, but for years, low-quality websites have been gaming Google’s proprietary systems to artificially increase their rankings, thereby getting more visitors from organic search results.

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Rolls-Royce to Unveil First Electric Phantom At Geneva Auto Show

Rolls-Royce display vehicle at the Canadian International 2011 Auto Show in Toronto on February 19, 2011.

The luxury German carmaker, Rolls-Royce, will unveil the company’s first electric powered vehicle, the Rolls-Royce Phantom 102EX, at the upcoming Geneva Motor Show, which is scheduled to open on March 1, 2011.

Rolls-Royce said in the announcement that it is committed to continuing to provide an authentic Rolls-Royce driving experience, going on to say the new electric Phantom will not initially be available to consumers as the company says it is using the model to evaluate performance, range, and how consumers would react to an electric vehicle from the company.

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Obama Could Veto Just Approved $61bn House Spending Cut Vote

WASHINGTON—Early this Saturday morning, the United States House of Representatives voted 235 to 189 in favor of trimming $61-billion in federal spending costs off of the $1.2-trillion federal budget for fiscal 2011.

The Republican controlled House vowed to cut spending in a bid to avoid any future tax hike, even adding new limitations to the access of money that would have been earmarked to support Obama’s health-care reform plan.

Democrats will not accept the spending concessions, and as an early March spending deadline looms, the government could be shut out if lawmakers don’t reach a consensus on spending.

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RIM Looking to Add Android App Support to PlayBook Tablet

RIM BlackBerry PlayBook tablet computer, to launch Q1 2011.

The Waterloo-based maker of the popular BlackBerry smartphone, Research In Motion (RIM) Ltd, is working on adding functionality in its yet-to-be-released BlackBerry PlayBook tablet computer that would give the new tablet the capability to run third party applications designed for Google Android devices.

RIM has seen market share trend downwards as consumers (and traditional corporate customers) have shifted to other mobile platforms that offer a superior user experience (like more applications and better Internet browsing) all with comparable communication features.

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