The technology sector saw more mixed earnings results this week. Still, investors had a lot to mull over as an Internet giant filed a significant public share offering. In the computer sector, another giant revealed crucial information about a highly anticipated product.
Google
(nasdaq:
GOOG -
news -
people ) said on Thursday that it has submitted a U.S. Securities and Exchange Commission filing to issue 14.1 million common shares. The total offering is valued at approximately $4 billion. Various reports stated that Google is likely to use the capital to pursue acquisitions.