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Tech Five: Yahoo bids reportedly top $5B


The bids for Yahoo's core internet business received a reported boost Thursday. Meanwhile, LinkedIn shares are up off an analyst upgrade.

Let's look at tech stocks to watch Thursday:

Yahoo. The troubled media giant has received multiple bids topping $5 billion, reports CNBC. Frontrunner Verizon entered among the lower bidders at $3.5 billion. Analysts had projected Yahoo's internet assets could fetch as much as $8 billion.

LinkedIn. Shares of the social network are up more than 2.5% in early trading off a stock upgrade from RBC. Since the start of the year, shares of LinkedIn have been down nearly 40%.

Alphabet. CEO Larry Page has reportedly been investing in startups working on flying cars. According to Bloomberg, Page has invested more than $100 million in startup Zee.Aero.

Apple. The tech giant is considering big changes to how it compensates App Store developers. Details could be revealed next week during Apple's Worldwide Developers Conference.

Qualcomm. Brean Capital downgraded the chip maker's stock to hold, reports The Street. Reduced prices for smartphones and challenges to its licensing business were cited for the downgrade.

Follow Brett Molina on Twitter: @brettmolina23.