NEW YORK (TheStreet) -- Amazon(AMZN) - Get Report plans to ban sales of Apple(AAPL) - Get Report and Google(GOOGL) - Get Report(GOOG) - Get Report streaming video devices that are not compatible with the company's own streaming service called Prime Video, Bloomberg News reported Thursday.
"The retailer sent an e-mail to its marketplace sellers that it will stop selling Apple TV and Google's Chromecast," the news service said. "No new listings for the products will be allowed and (the) posting of existing inventory will be removed Oct. 29. Amazon's streaming service, called Prime Video, doesn't run easily on its rival's hardware," the news service said.
Amazon shares closed Thursday at $520.72, a gain of 1.7%. Apple shares dropped by less than 1%, finishing the day at $109.58. Google also lost less than 1% of its value.
In a separate development involving Apple, the Cupertino, Calif., technology giant named James Bell, Boeing's former chief financial officer and former interim CEO, to its board of directors. Read the full report by TheStreet's Technology Editor Chris Ciaccia.
Twitter(TWTR) - Get Report shares declined by 8.4% Thursday, closing at $24.68, in the wake of a report on Wednesday that company co-founder Jack Dorsey would be named permanent CEO of the San Francisco micro-blogging site. Twitter shares jumped by 5.2% on Wednesday.
Dorsey has been serving as Twitter's interim CEO since former chief Dick Costolo stepped down three months ago. He also serves as CEO of Square, a San Francisco payments company that he founded. Some investors are concerned about Dorsey's ability to continue to serve as CEO of both Twitter and Square, especially as Square is planning an initial public offering.
Twitter's stock is now trading below the offering price of its shares set for the company's IPO on Nov. 7, 2013. Twitter shares closed at $44.90 after their first day of trading.
Shares of Amaya (AYA) surged by 18% Thursday, closing at $21.51, after the Canadian marketer of online gaming products, including online poker and sports betting, won New Jersey regulatory approval to offer online gambling.
"The New Jersey ruling paves the way for Amaya to be licensed in other jurisdictions, David McFadgen, a Cormark Securities analyst in Toronto, said in a note Thursday to clients," Bloombergreported.
"Amaya has an agreement with Resorts Casino Hotel in Atlantic City to offer online poker and a casino in the state via the PokerStars and Full Tilt brands," the news service said.
Apigee (APIC) dropped by 13% Thursday, finishing the day at $9.17. The company, based in San Jose, Calif., helps businesses share data and services across devices and channels.
Apigee's stock has been on a rollercoaster during the past several months. Apigee was trading at $6.03 on Aug. 24 and $9.75 on Aug. 5. Its stock was trading at $16.46 on May 21.
Apigee recently announced record quarterly revenue of $18.7 million for its fiscal fourth quarter.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.