NEW YORK (
purchased more than 1,000 patents from
in July, according to reports. The deal came soon after Google
for 6,000 patent filings from
, Google is seeking to buy patents to protect itself against other tech companies, say analysts.
In other Google news, the company announced last week it was launching a tool for hotel search called Hotel Finder, which will compete with existing players like
. The new service comes as the search giant is
facing scrutiny for potential anti-trust violations
Shares of Google rose 1.3% to $611.31 in pre-market trading Monday.
Apple will release its new iPhone 5 in October, not September as previously thought, according to
. The next-generation phone will have a faster processor and better camera than its predecessor, according to reports.
Shares of Apple jumped 1.6% to $396.58.
said on Friday it will begin partnering with location-based services company
so users can score local deals when checking into places like restaurants and bars. In July, Foursquare also announced plans to team up with other deals companies like
Interactive programing guide company
, claiming the streaming video company is using its technology for electronic programming guides. Rovi provides back end technology for
On Demand service and
--Written by Olivia Oran in New York.
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