Microsoft (MSFT) Gets Another High-Profile App for Windows Phone Jul 28, 2014 03:23PM

Fitbit is the first fitness device that will be compatible with the Microsoft (Nasdaq: MSFT) Windows Phone 8.1 operating system.

While Android and iOS users have had compatibility with Fitbit for quite some time now, improvements with Bluetooth connectivity in WP8.1 helped the transition over.

Fitbit's app is expected to land in the Windows Phone store today, though it wasn't there the last time we checked.

While Windows Phone has something near 200,000 apps, that's nowhere near the number that Android and iOS have. Recent high-profile additions and the pickup in Windows Phone sales should give developers more reason to continue development for the platform.

Shares of Microsoft are down 0.7 percent on Monday.


Zillow (Z) Stock Goes Green Jul 28, 2014 01:11PM

Zillow (NASDAQ: Z) stock turned green Monday afternoon, topping $160 per share after declining earlier following news it plans to acquire Trulia (NYSE: TRLA). The original decline may have been tied in part to merger arbitrage, given the stock-for-stock nature of the deal. Going forward, investors will be focused on the fundamentals of the transaction, and the stock's valuation.


Netflix (NFLX) Could Land the 'Show About Nothing' Jul 28, 2014 10:37AM

While its stock isn't reacting much today, Netflix (NASDAQ: NFLX) could have another huge content win on its hands. Recent speculation suggests that hit show 'Seinfeld' could soon be coming to the Internet streaming service.

Rumors stem from a Reddit AMA Thursday from show creator and star Jerry Seinfeld. When asked if 'Seinfeld' would become available on Netflix, Seinfeld replied "You are a very smart and progressive person. These conversations are presently taking place."

While a deal is not set in stone, it is enough to get the Internet buzzing and Netflix/Seinfeld fans dreaming.

Seinfeld aired on NBC from July 5, 1989 to May 14, 1998. It is often mentioned in the top TV shows ever.


Microsoft (MSFT) Offices in China Investigated Jul 28, 2014 09:32AM

Micorosft (Nasdaq: MSFT) is having its offices in China investigated by business authorities.

According to South China Morning Post, China's State Administration for Industry and Commerce sent investigators to Microsoft offices in Beijing, Shanghai, Guangzhou and Chengdu.

Microsoft affirmed the probes and that it would actively cooperate with the government.

News comes following recent reports that China's government would no longer use Windows 8, which state-controlled news outlets said was done to ensure security following the end of support for Windows XP.

Shares of Microsoft are lower in early trading.


McDonald's (MCD) Cuts Meat from China Menu Following OSI Scare Jul 28, 2014 08:45AM

McDonald's (NYSE: MCD) is on watch Monday following reports that it has taken beef, pork, and chicken items off of its menus in China's largest cities.

News comes as meat supplier OSI Group recalled all products made at its Shanghai unit on Sunday. The Aurora, Illinois-based company is accused of repackaging its old meat as new, according to Bloomberg.

Limited items will be served at McDonald's locations in Hong Kong, Shanghai, and other areas.

OSI Group chairman and CEO Sheldon Lavin issued the following statement recently:

"What happened at Husi Shanghai is completely unacceptable. I will not try and defend it or explain it. It was terribly wrong, and I am appalled that it ever happened in the company that I own.

On behalf of Husi and OSI, I sincerely apologize to all of our customers in China. We will bear the responsibility of these missteps, and will make sure that they never happen again. That is my personal commitment and that of our organization.

For more than 100 years, OSI has provided safe, quality food and is currently operating at the highest standards in 17 countries serving more than 40 countries around the world. So to have this occur at this Shanghai facility violates the tenets of our company and the values we embrace and live.

Upon hearing of the Shanghai issue, I immediately sent our best team of global experts from the OSI Group, and more are on their way, to work with the local team to ensure my promise to you today is met.

We are very proud of our newest state-of-the-art facility in Henan. It reflects our confidence and commitment in China. We are also pleased that local Chinese authorities have inspected all our other facilities and have found no issues."

McDonald's is lower in early trading.


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