Small cap company Microvision has seen their stock price jump today after anonymous sources claimed that the upcoming Apple iPod Touch will include a Pico projector from the company.
The Pico projector, used in some phones and digital cameras, allows for owners to display their pictures on walls and other surfaces right from the device.
Sources claim the the addition of Pico projectors to the next-generation devices has been confirmed by channel checks in Taiwan.
Please be reminded this all speculation for the time being, but Microvision’s stock has jumped 19 percent so far on the rumor.
Apple is holding their annual September Media Event tomorrow.
Result for: anonymous sources
Bloomberg has reported today that social networking giant Facebook may delay its IPO (initial public offering) until 2012, giving founder Mark Zuckerberg extra time to gain users and boost revenue.
The news comes from three anonymous sources within Facebook who do note that Zuckerberg has board control and could push for the stock offering at any time, but would prefer to have another year of growth before all finances go public.
Facebook is currently valued at about $25 billion, although revenue was only around $800 million last year.
“The burden of being public has never been greater,” says Kevin Landis of Firsthand Funds. “Zuckerberg doesn’t have to put his name at the bottom of four 10-Q statements every year and attest that everything in there is true or else he’s responsible. The minute it’s public, he does.”
Zuckerberg has said simply that the company will go public “when it makes sense” to.
Result for: anonymous sources
According to industry sources, the DirecTV Group is currently in talks with both TBS and TNT about offering their TV content online.
If the deal goes through, satellite subscribers would be able to watch the cable content on their PCs or TVs via the Internet, on demand.
The deal has not been made of yet, and is still in negotiations, say the anonymous sources, via Yahoo Tech.
Just recently, Time Warner Cable announced it had deals with 12 cable networks to have their content on the Internet.
The 12 networks are TBS, TNT and HBO; CBS Corp.’s CBS network; Syfy from General Electric Co.’s NBC Universal; BBC America, Cablevision Systems Corp.’s AMC, WE tv, IFC, Sundance, Discovery Communications LLC’s Discovery and the Smithsonian Channel.
