Tech Five: Apple shares steady off WWDC news

How are Apple shares faring the day after its announcement of Apple Music? Let's take a look at the technology stocks to watch Tuesday:

Apple. Shares of the tech giant are down 1.4% in morning trading after making a move into the streaming music business occupied by heavyweights including Pandora and Spotify. Apple Music will launch June 30 for Macs, iPhone, iPad, iPod Touch and Windows PCs, with a version for Android planned this fall. Plans start at $9.99 a month, and family plans allowing up to 6 accounts start at $14.99 a month.

Hewlett-Packard. The PC maker reached a settlement deal tied to its acquisition of Autonomy. The company will pay $100 million to a fund for compensating people who bought HP shares between August 19, 2011 and November 20, 2012.

Facebook. The social network reportedly scrapped plans to spend $1 billion on a satellite to deliver Internet access to remote areas. According to The Information, Google also dropped efforts to build and launch satellites for the same purpose.

Microsoft. The company will bring a preview of its Skype Translator to the Windows desktop app this summer. The tech automatically translates spoken words into the language of the user's choosing.

Etsy. Tiger Global Management increased its stake in the online craft seller to nearly 9%, reports CNBC. After a hot start in mid-April following the launch of its IPO, shares of Etsy have dipped below its $16 IPO price.

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