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Google One Pass: Morning Tech Bytes

NEW YORK (TheStreet) -- Google (GOOG) announced its own payment service for digital content called Google One Pass, an attempt to address publishers' concerns that Apple's (AAPL) new digital subscription plan is too restrictive and expensive.

Users who purchase content from a One Pass publisher will be able to access their content on a range of devices including tablets and smartphones using a single login.

Shares of Google fell 0.1% in pre-market trading Thursday to $623.50.

IBM (IBM) computer Watson defeated his two human challengers Wednesday during Jeopardy after three days of play. Watson will take home a $1 million prize, which IBM will donate to two charities.

Shares of IBM fell 0.2% to $163.11 in pre-market trading.

Wednesday, Nvidia (NVDA) reported adjusted earnings of 23 cents a share during the fourth quarter, beating the average estimate of analysts who expected earnings of 16 cents a share.

Still, shares of the graphics chip maker were down more than 3.2% in pre-market trading Thursday.

NetApp (NTAP) plunged 7.4% in pre-market trading after the company issued weak guidance Wednesday.

Excluding items, NetApp earned 52 cents a share, up from 40 cents a share in the prior year's quarter, and above the average analysts' estimate of 50 cents a share.

For the current quarter, NetApp said it is looking for earnings between 49 cents a share and 53 cents a share, below Wall Street's forecast of 54 cents a share.

President Obama will meet with a group of business leaders in San Francisco Thursday, including Apple CEO Steve Jobs, who recently took a medical leave of absence from the company, and Google chief executive Eric Schmidt and Facebook founder Mark Zuckerberg, according to ABC News. The president is expected to discuss his continued commitment to American innovation and technology.

--Written by Olivia Oran in New York.



>To follow the writer on Twitter, go to http://twitter.com/Ozoran.

>To submit a news tip, send an email to: tips@thestreet.com.

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