CORAL SPRINGS, Florida, November 15, 2013 /PRNewswire/ --
FinancialNewsMedia.com news updates for pioneers in the technology and biometrics sector: NXT-ID, Inc. (OTCQB:NXTD), Apple, Inc. (NASDAQ: APPL), Facebook, Inc. (NASDAQ: FB), Yahoo Inc. (NASDAQ: YHOO) and Zynga Inc. (NASDAQ: ZNGA)
NXT-ID, Inc. (OTCQB:NXTD), a biometrics company focused on the growing mobile commerce market, announced after the markets closed for trading yesterday that it has successfully ported its MobileBio Voicematch™ algorithm to its widely anticipated next generation payment and identity product -- the Wocket™.
The Wocket™ is a new class of biometrically secure mobile devices designed to bring the traditional wallet into the 21st century by providing the functionality of a wallet and incorporating a touch screen and a single dynamically programmable card to use for credit, debit and any other magnetic stripe functions.
To read the full press release, please click here: http://finance.yahoo.com/news/nxt-id-inc-reports-successful-210606275.html
"We are pleased we have surpassed this important milestone in the development of the Wocket™," says Gino Pereira, CEO of NXT-ID. "Authenticating users with our Voicematch™ speaker plus command recognition algorithm is a very convenient and user friendly way to use the Wocket™ while improving security over traditional authentication methods."
Apple, Inc. (NASDAQ: APPL) announced iPad® mini with Retina® display is now available. The new iPad mini brings all the pixels from the 9.7-inch iPad to its 7.9-inch screen, delivering razor sharp text and detail in an amazingly thin and light design. It features the powerful and power-efficient Apple-designed A7 chip with 64-bit desktop-class architecture, ultrafast wireless with faster built-in Wi-Fi and expanded LTE cellular connectivity, iOS 7 featuring hundreds of great new features and access to all 475,000 apps designed specifically for iPad.
Facebook, Inc. (NASDAQ: FB) News: Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC), a publicly-traded venture capital fund that invests in technology and cleantech companies, recently disclosed that its top five holdings as of October 31, 2013 were Facebook, Twitter (NYSE: TWTR), IntraOp Medical, AliphCom, and Sunrun. Facebook is an online social networking service with more than 1 billion monthly active users worldwide. As of October 31, 2013, the Fund's investment in Facebook consisted of 600,000 shares of common stock and represented approximately 12.6% of the Fund's estimated gross assets.
Yahoo Inc. (NASDAQ: YHOO) is the latest industry leader to join the Ads Integrity Alliance, a growing coalition focused on protecting Internet users from deceptive and harmful ads. Launched in 2012, the Ads Integrity Alliance provides a forum where industry players can share their expertise in protecting consumers from malware, scams, and counterfeit goods and in building trust in online advertising. Alliance members, such as Facebook, Twitter, Microsoft (NASDAQ: MSFT), and the Better Business Bureaus, work together to develop best practices and share threat information. They also create a common language and understanding of online advertising safety for the industry and Internet users.
Zynga Inc. (NASDAQ: ZNGA): The new CEO of Zynga, Don Mattrick, appears to be following a different strategy for the company than his predecessors. After the company abandoned real-money casino gaming platform, Mattrick is set on pursuing the mobile game market more aggressively than Because of the reputation of social games as fads rather than longer-term moneymakers, Mattrick seems to be pursuing the mobile gaming market more aggressively than Zynga's failed real-money casino gaming potential, which was abandoned earlier this year. The mobile gaming market is expected to post significant growth over the course of the next several years.
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