SAP's Loss: Morning Tech Bytes
NEW YORK (
) --
SAP
declined more than 2% in pre-market trading Wednesday on news that the software company
must pay Oracle (ORCL) - Get Oracle Corporation Report $1.3 billion
for copyright infringement. The award is the largest in history for copyright infringement.
Shares of Oracle, meanwhile, climbed 1.6% to $27.62.
One of the first computers made by
Apple
(AAPL) - Get Apple Inc. Report
sold Tuesday at an auction for $213,600. The Apple 1 computer, which debuted in 1976, was purchased by an Italian businessman.
Shares of Apple rose 1.1% to $312.25 in pre-market trading Wednesday.
In other Apple news, fans have purchased more than 2 milllion Beatles songs on iTunes since the band's music became available last week.
Abbey Road
TheStreet Recommends
was the best-selling album and
Here Comes the Sun
was the best-selling song.
AT&T
announced Wednesday it will offer a "buy one, get one free" deal for
Microsoft's
(MSFT) - Get Microsoft Corporation Report
Windows Phone 7 handsets for Black Friday.
Shares of Microsoft increased 0.56% in pre-market trading Wednesday to $25.25.
The CEO of
RockYou
, a social gaming company, has stepped down , the company said Tuesday. Lance Tokuda, who helped take RockYou through several funding rounds totaling around $130 million, is now working on "innovative and strategic initiatives" for the company. Last month, RockYou laid off a number of employees and announced that it was shifting its business focus entirely to gaming.
--Written by Olivia Oran in New York.
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