| Today's Top 3 Stories | | #1 | More Than $1 Billion Off Samsung's Market Value After Obama's Veto of Apple Products Ban
| | | More than $1 billion was wiped out of Samsung Electronics Co.'s market value early Monday following a surprise decision by the Obama administration over the weekend to veto an import ban on some Apple Inc. products in the U.S., dealing a blow to the South Korean company just as it is seeking to expand its footprint into the U.S. smartphone market.
Why This Is Important: The move will hurt Samsung's very expensive efforts to gain U.S. market share by allowing popular older Apple products to continue to come into the American market.
3 Takes: Nasdaq | TWICE | Global Post
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| | #2 | IDC: Tablet Shipments Slow Down With No New iPad
| | | IDC says tablet shipments totaled 45.1 million units in the April-June period, down nearly 10 percent from the first three months of 2013. The second-quarter total is up nearly 60 percent from a year ago, a sign that the market is still growing.
Why This Is Important: It is hard to call a 60 percent increase in shipments a slowdown, but the minor fall-off does indicated the continuing importance the iPad plays in a market being flooded with inexpensive Android devices.
2 Takes: Wall Street Journal | ZD Net
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| | #3 | Microsoft Cuts Surface Pro Price By $100 Following Surface RT Reductions
| | | Microsoft is discounting its Surface Pro tablet this weekend, following heavy reductions to its Surface RT costs recently. The 10 percent price cut to Surface Pro reduces the cost of the 64GB and 128GB models by $100 each in the US.
Why This Is Important: Microsoft has hinted that updated Surface models are in the works. The cuts will last at least until the end of the month.
3 Takes: The Verge | Daily Tech | SMH
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"It's smart cities, smart buildings, smart water. It's enabling a world of things. It's going to grow unbelievably fast," said Susan Eustis, president of WinterGreen Research, on how smart sensors will change our lives.
| | | Blog Post of The Day | Flash Successor Announced
By Robin Harris
Crossbar, a start-up in California, announced today their resistance RAM or ReRAM product. Their nonvolatile memory technology promises several advances. More » |
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