Google ( GOOG) shares were up 0.39% in premarket trading to $703.50 as the Internet giant received approval from Apple ( AAPL) for another YouTube app in Apple's App Store. Last month, Apple announced that the YouTube app would no longer be standard on its mobile operating system iOS. Google said then it was working on a new app which it hoped to have approval for shortly. The new app allows users to find videos and channels easier using voice search and query autocomplete. Viewers can also watch all of YouTube's video catalog, including official music videos, something they were not able to do before.
Shares of Apple were up 0.48% in premarket action to $665.89 as the company gets set to launch its latest iPhone at an event in San Francisco Wednesday.