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Tech Stocks Vigilant= Twitter Inc (TWTR), AT&T Inc. (T)

Shares of Twitter Inc (NYSE:TWTR) ended Tuesday session in red amid volatile trading. The shares closed down -0.48 points or -2.00% at $23.52 with 22.23 million shares getting traded. Post opening the session at $23.75, the shares hit an intraday low of $23.34 and an intraday high of $23.79 and the price vacillated in this range throughout the day. The company has a market cap of $17.33 billion and the numbers of outstanding shares have been calculated to be 707.73 million shares.

Twitter announced the launch of a new Twitter app for Apple TV, Amazon Fire TV, and Microsoft’s Xbox One, which will allow anyone with these devices to consume the best of Twitter.

The free apps will feature all live streaming video available on Twitter (including live streams of 10 NFL Thursday Night Football games, as well as content from MLB Advanced Media, NBA, Pac 12 Networks, Campus Insiders, Cheddar and Bloomberg News), and other Twitter content such as top Tweets and top global Vines and Periscopes. Anyone with these devices, regardless of whether they have a Twitter account or a pay TV subscription, can enjoy this experience.

Exclusively on Apple TV, viewers can enjoy live premium video and check out Tweeted video clips through a seamless side-by-side video experience.

“These devices will bring Twitter’s live streaming video experience to life on the TV screen,” said Anthony Noto, chief financial officer at Twitter. “Twitter has always been a great complement to TV, and now fans can enjoy even more premium video with live Tweets — and the best content on Twitter — right from their TVs. We’re excited to introduce this new experience to people, without requiring a paywall or having to log in to Twitter.”

Shares of AT&T Inc. (NYSE:T) ended Tuesday session in red amid volatile trading. The shares closed down -0.87 points or -2.13% at $39.90 with 33.18 million shares getting traded. Post opening the session at $40.72, the shares hit an intraday low of $39.71 and an intraday high of $40.76 and the price vacillated in this range throughout the day. The company has a market cap of $246.43 billion and the numbers of outstanding shares have been calculated to be 6.15 billion shares.

AT&T Internet Services has reached a tentative agreement with the Communications Workers of America on the National Internet Contract (NIC).

The agreement covers nearly 1,200 CWA-represented wireline employees in 16 states who work on areas of AT&T’s business related to products such as IPTV and DSL. It will be submitted to the union’s membership for a ratification vote in the coming days.

The agreement is the latest to be reached covering union-represented AT&T employees. The company has now reached 19 agreements with the CWA and IBEW in 2015 and 2016, collectively covering over 95,000 employees. Among other recent agreements:

  • Three tentative agreements reached on Sept. 29 covering over 2,100 CWA-represented former DirecTV employees in 15 states in the company’s Midwest, Southeast and Southwest regions.
  • One ratified on Sept. 1 covering over 20 IBEW-represented employees in California.
  • One ratified on Aug. 30 covering over 40,000 CWA-represented AT&T Mobility employees across the country.
  • Two ratified in August 2016 covering about 3,000 IBEW-represented former DirecTV employees in 14 states.
  • One ratified in April 2016 covering over 9,400 CWA-represented AT&T Mobility employees in our Southwest region.
  • Three wireline contracts ratified in December 2015 – one with AT&T Southeast wireline operations, and smaller regional contracts covering AT&T Billing Southeast and Southeast Utility Operations – totaling about 24,000 CWA-represented wireline employees in the region.
  • Two ratified in June 2015 covering about 16,500 CWA represented wireline employees in our Midwest and Legacy T (also known as AT&T Corp.) contracts.

 

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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