Technology Sector Review: Apple TV, Baidu Real-Time Search from Sina

SINA Corporation (NASDAQ:SINA), Baidu.com, Inc.¬†(NASDAQ:BIDU): Beginning this morning, Baidu (NASDAQ:BIDU) says it began providing real-time search services from Sina Weibo (NASDAQ:SINA). Baidu will now return up-to-date Sina Weibo content that matches keyword searches for breaking news or popular trending topics. Results will also include microblog posts from the other three major Chinese Internet major portals’ microblog services. Microblog results, which will be displayed near the top of the search engine results page, will be clearly marked as such.
SINA shares closed at $74.60, up $4.84, or 6.94%, on the day. Its market capitalization is $4.92 billion. BIDU shares closed at $141.43, up $2.56, or 1.84%, on the day. Its market capitalization is $49.38 billion.
Apple Inc. (NASDAQ:AAPL): A summary of media and analyst reports about Apple’s (NASDAQ:AAPL) planned TV point to a device with an innovative design that will cost more than current televisions, featuring a content delivery and subscription model that will upend the cable and TV content industries in the way iTunes disrupted the music industry, Business Insider says in a wrap-up that leans heavily on the work of Gene Munster and Claire Atkinson.
The shares closed at $545.18, up $0.71, or 0.13%, on the day. Its market capitalization is $508.31 billion.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Stella Mariz at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com