Listen: IBM, Frank Motech and Twitter discussed on KNX Midday News with Brian Ping
"Before the, closing bell we got. This news jury has just awarded IBM eighty three million dollars in a patent dispute with ecommerce company group on a jury. In Delaware said groupon use IBM's patented ecommerce technology without authorization following a two Week trial Tech stocks have come. Under pressure again today led, by Twitter Intel Twitter's plunging after it said monthly users decline in the second quarter and could fall further over the next couple. Of months the stock is down about nineteen percent Facebook which saw nineteen percent drop yesterday had attempted a rally earlier right now down just about one percent before the close the. Overall market also. Moving lower now with the, Dow Jones industrial average down sixty, seven points NASDAQ sliding one await the s. and p. five hundred down seventeen and we check your money at twenty and fifty. Each hour I'm Frank Motech from the HMS capital money desk can extend. Seventy NewsRadio, thank. You, Frank well if you're going to be heading to the Malibu area for some beaching, this weekend your favorite route there might. Be closed I'll tell you all. About. That next it's twelve."