video Finance Videos

Techquity: Free coin from Amazon, France vs. tech sector

Monday, May 13, 2013 - 03:00

May 13 - Amazon gives away money to boost app store, while France considers taxing technology firms.

▲ Hide Transcript

▶ View Transcript

A river of money from Amazon the company giving 500 that the Amazon points to existing and new Kindle fire customers. OK it's only five blocks but it sounds like a lot. The money can be used to purchase apps or make purchases won't using an app Amazon also offering a 10% discount for bulk purchases of the points. App developers get -- state is 7% cut when customers make purchases using the point. Amazon says offering help me -- ecosystem the most complete place to build monetize -- market. Applegate GAAP and gains of course in the -- only tens of thousands of apple Apple's 1850000. Shares of Amazon up fractionally today. Another one of our four horsemen Google. Having trouble attracting companies to social network what is it now office points out that big name brands are shying away from Google+. Rivals FaceBook and Twitter are the go to social network for marketers because it may have more users and -- can get -- to stay on the site longer. Google+ has roughly 135. Million users AK consumers that if -- actively uses web site. FaceBook has over a billion monthly active users or Twitter has 200 million. The average US visitor Google+ -- -- One minute compared to FaceBook users one hour according to Nielsen Media Research though Google's never said how or even yet. Intends to make money from plus. Analysts in the -- simply to prevent migration of it and users of FaceBook and other social networks while proving Google's core search -- does. Here's global trading roughly flat today they have another intraday high of 882 box. Apple and Google can be -- next Gerard Depardieu movie whether they like it or not. French president for a whole line is. Considering whether to impose a tax on picture -- the sport cultural projects. The tax on those Smartphones and tablets is one idea put forward by a report prepared for the socialist government. Help -- culture during an economic downturn or line is expected to make a decision on the measure in July. France already angered some in the tech sector by blocking Yahoo!'s proposed purchase of the stake. In French video -- site daily motion. -- -- sputtering dinosaur in his. Digital River. This CEO of the congress services provider plunking down more than 400000. Dollars for a 30000 shares he paid 1488. Share. Stock is up more than 10%. About sixty. And sputtering signature on. Israeli based opera for -- 120%. Drop in quarterly profit as expenses rose shares down 7%. And that's equity this Monday remember you can follow us on Twitter and RT RF -- I'm right -- -- this is world.