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MrWhy.com » Videos » Technology Sector Update: June 6: 2011
Technology Sector Update: June 6: 2011
Technology Sector Update: June 6: 2011
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Technology Sector Update: June 6: 2011
Technology shares are down in the last hour of trading as Apple (NASDAQ:AAPL) shares swing to the red. In late-session technology news, shares of eBay (NASDAQ:EBAY) are down as the online auction company said that it has agreed to acquire Magento Inc., an ecommerce platform provider. Terms of the deal were not disclosed. EBay said at its February analyst day that it had already acquired a 49% stake in the company. The move expands eBay’s offerings to online merchants. Meanwhile, shares of Apple (NASDAQ:AAPL) downshifted into the red after the company announced its new iCloud storage system.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: June 07, 2011
Date Produced: June 07, 2011
View Count: 0
 
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