Tech Five: Apple Pay launches in China
Apple's mobile payments service moved into an important market Thursday, while shares of Nvidia surge following earnings.
Let's look at technology stocks to watch:
Apple. Customers in China will now gain access to Apple Pay, the tech giant's mobile payments service. According to Bloomberg, the service is available as part of a partnership with China's UnionPay.
Nvidia. Shares of the chip maker jumped in early trading after beating Wall Street forecasts for fourth quarter results. Nvidia recorded earnings of 52 cents a share on $1.4 billion in revenue, which was up 12% from the year before.
GoDaddy. Shares of the domain company sunk after missing revenue forecast estimates. Reuters reports the strong dollar impacted GoDaddy revenue during the first quarter, and chief financial officer Scott Wagner warned it could continue to affect revenue figures.
Alphabet. Google CEO Sundar Pichai and Edward Snowden are among those speaking out in support of Apple's decision to defy a court order to unlock an iPhone used by the killers in the San Bernardino, Calif., shootings. Apple CEO Tim Cook says the move would create a "back door" to the smartphone.
Microsoft. Users of the calling service Skype will be able to make group video calls on a smartphone or tablet running iOS or Android.
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