Jun 5 - Apple plans to boost California workforce. Plus, analysts gauge Facebook's ability to remain a major player in tech.
The new product really is may have slowed considerably but not hiring. Apple plans to add more than 7000 workers at its Cupertino California headquarters between now when he sixteen. He nearly 50% boost in the number of employees there the projection as part of reports submitted to the Cupertino government. Apple seeks approval to build a new camp that maybe doesn't play as well designed the watches and TVs apple fan boys keep waiting for. Apple now having to spend more time focusing on its current product next after the US trade commission ruled against it and force Samsung. The Korean company claimed apple violated its patents used to send data over AT&T wireless networks. The decision could force apple to stop selling the iPhone four and other older models through AT&T. Analysts see limited impact Apple's revenue from the ruling shares of apple down about 1% today near 445. Dollars. A Reuters analysis of FaceBook shows it's got staying power but perhaps not the growing powers summit for seen. Street experts say -- but it's so we ubiquitous there's little near term risk -- consumers will abandon the site in large numbers the fled MySpace a few years ago. But it's -- becoming an all encompassing online destination. May be a little too ambitious. One of -- but the latest attempts to broaden its reach to lead to much enthusiasm. That being the launch of FaceBook home. Nominate a Smartphones home story. Users giving it mixed support reviews. Of former -- the -- -- the narrower scope maybe smarter. Analysts say improving the course service rather than trying to match every competitive product could be -- if that's. With nine million in the bank -- can only acquire any fast growing threat. The dividends to Graham. Shares today down over 2% to just under 23 about. Shoppers will be able to purchase items from in UK they line for the screens that'll be delivered to them -- -- It's calling any effort shop global wind. EBay hopes to eventually placed the screens inside stores help showcase items that can fit on Shelvin displays. Retailers say they see potential in partnership. Shares of eBay down 2% today and are well off their 52 week high about 58 dollars reached in April. In our best -- today delta which is taking on Carl -- The computer makers special committee says icon at nearly Ford billion dollars short of the cash needed to fund his proposal for a twelve dollar per share special dividend. Icon wasn't immediately available for comment the committee recommended stockholders change the offer for Michael Allen full -- instead. The 24 point four billion dollar buy out works out to thirteen 65 share. Shares or roughly flat today but have taken a beating at the PC business has cratered. Soaring inspiring time our look at movers. First source as Juniper Networks the networking equipment company getting a lift from comments from the CEO. Reports say he told Bank of America Merrill Lynch conference he's thing that happens spending from some customers. Shares up 5%. And spot -- analogic. Imaging equipment maker's quarterly profit fell nearly 30% -- operating costs rose. Shares down 7%. That's tech would be this Wednesday remember you can follow on Twitter at RT are at tech when he. I'm Sharon writes and that is brighter.