Google's TV Setback: Morning Tech Bytes

A new report said Google TV's launch is delayed over software problems.
By Olivia Oran ,

NEW YORK (

TheStreet

) --

Google

(GOOG) - Get Report

rose 0.54% to $593.99 in pre-market trading Monday, despite a

New York Times

report that said the company was delaying the launch of its Google TV product. Google won't be rolling out the device at the upcoming Consumer Electronics Show in Las Vegas, because it needs more time to work on the software, according to the report.

Amazon

(AMZN) - Get Report

was up 0.92% to $179.21 in pre-market trading. The company added Jonathan Rubinstein, the head of

Hewlett-Packard's

(HPQ) - Get Report

Palm unit to its board of directors. Prior to joining Palm as CEO in 2009, Rubinstein worked at

Apple

(AAPL) - Get Report

.

eBay

(EBAY) - Get Report

increased 0.27% to $29.90 as it announced that it was buying

German shopping club brands4friends for $200 million

. The acquisition is designed to strengthen eBay's position in Europe, the company said.

Facebook

will acquire 15 companies in 2011, a corporate development exec said last week. The social networking giant announced eight acquisitions this year, including

Hot Potato

,

Drop.io

and

Chai Labs

.

Tumblr

announced last week it had raised $30 million in venture funding, despite concerns about the blogging site's reliability. Earlier this month, Tumblr shut down for a full day after a maintenance error. Tumblr has raised about $40 million in total funding.

--Written by Olivia Oran in New York.

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http://twitter.com/Ozoran

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