WIth IPO Looming Facebook Tries To Buy Patents

In early April, AOL said it had sold 800 of its 1,100 patents to Microsoft for $ 1.056 billion $ U.S. Some sources in the English press also emphasized that Facebook wanted to purchase these same patents before Microsoft did.

This is by deploying $1 billion that Microsoft has finally won the day, surpassing it seems the offer of the popular social network for obtaining these said patents. During this transaction, Microsoft has also obtained a nonexclusive license to another 300 patents AOL. The Redmond giant could sell some non-essential patents in its arsenal, which suggests that Facebook may be able to recover some.

The day of the transaction, Mark Zuckerberg confirmed the purchase of Instagram for a similar amount of money. As the young CEO negotiated by himself purchasing the application for sharing photos, his right hand spokesperson Sheryl Sandberg was in charge of negotiations with AOL.

Last March, Facebook purchased 750 patents from International Business Machines to counter the offensive in court by Yahoo at their expense. “Big Blue” has over 70,000 patents, after the 6180 added to its arsenal in 2011.

In the battle that competes for tech giants to get their hands on some patents to try to dissuade trial and accusations of copyright infringement, Google also obtained patents from International Business Machines in August 2011, and 1203 additional patents in September 2011 at a price and terms hich were not disclosed.

US Stocks Undecided In Trade

U.S. stocks open on a note undecided Thursday better than expected results from Bank of America and Morgan Stanley being offset by a smaller decline than expected jobless claims and rumors of a downgrade of France .

In early trade, after falling, the three major indices Dow Jones, Standard & Poor’s and Nasdaq composite rose 0.1% to 0.4%. The weekly jobless claims fell 2,000 last week in the U.S., less than expected.

However, the results published by several big names in the side supports the market. EBay jumped 9.5% to 39.26 dollars. The online auction site reported Wednesday after market close to a quarterly profit above expectations.

Human Genome Sciences double value to 14.31 dollars. The laboratory said it had rejected an unsolicited offer of his longtime partner GlaxoSmithKline to $ 13 per share.

Morgan Stanley (3.6%) and Bank of America (+1.2%) benefit from the warm welcome reserved to their quarterly results. However, the prospects of chipmaker Qualcomm has disappointed. The value lost 4.33%.

Movers and Shakers on The US Stock Market Wednesday

Stock prices were flying yesterday across the board, with some really high volume on the markets. How long can the strength stay in these markets is anyones guess, but looks likely to be here until the summer months when the inevitable falls will come.

Dow: 13,170.19. – 68.94
Nasdaq: 3,074.15. – 4.17
S&P 500: 1,405.52. – 4.23

Top 10 Volume Leaders:
1 Bank of America (BAC) Up 0.28 (2.94%) Volume: 451,688,502
2 Cisco Systems (CSCO) Up 0.43 (2.14%) Volume: 61,659,559
3 Citigroup, Inc. Up 0.91 (2.45%) Volume: 58,271,581
4 iPath S&P 500 Down 0.93 (4.61%) Volume: 49,790,765
5 Regions Financial Corporation Up 0.11 (1.73%) Volume: 48,404,587
6 General Electric Company (GE) Down 0.14 (0.69%) Volume: 47,538,067
7 PowerShares QQQ Trust Up 0.12 (0.18%) Volume: 47,290,547
8 Oracle Corporation Up 0.34 (1.14%) Volume: 46,126,480
9 Microsoft Corporation Down 0.21 (0.65%) Volume: 41,566,788
10 Ford Motor Company Down 0.09 (0.71%) Volume: 40,217,366

Top 5 Gainers:
1 Recon Technology, Ltd. 1.67 (74.22%) Volume: 7,559,463
2 NewLead Holdings Ltd. 0.45 (35.98%) Volume: 282,763
3 Valley National Bancorp 0.62 (34.79%) Volume: 464
4 Gordmans Stores, Inc. 4.00 (25.91%) Volume: 520,960
5 Galena Biopharma, Inc. 0.40 (25.81%) Volume: 10,067,943

Top 5 Losers:
1 Targacept, Inc. 2.22 (29.96%) Volume: 11,563,634
2 DHT Holdings, Inc. 0.39 (26.35%) Volume: 7,848,354
3 iPath Dow Jones UBS Natural Gas 0.93 (15.45%) Volume: 2,246,666
4 Avalon Holdings Corporation Com 0.6099 (13.55%) Volume: 21,574
5 Overseas Shipholding Group, Inc 1.68 (12.95%) Volume: 1,661,193