Google Reportedly Developing Tablet With Advanced Vision Capabilities; Shares Edge Up Pre-MarketCristina Cantor (Author) Published Date : Jun 17, 2014 09:48 ET
Google (GOOG, GOOGL) shares edged up in Friday's pre-market session, after a Wall Street Journal report said the technology giant is developing a new tablet with advanced vision capabilities for mobile devices, citing people briefed on the company's plans. GOOG was up 0.4% at $547.10 in recent pre-market trading, in a 52-week range of $502.80 to $604.83. GOOGL also rose 0.4% pre-market to $557.78, in a 52-week range of $511.00 to $1,228.88. The company plans to produce about 4,000 of the prototype tablets beginning next month, and the device would come with a 7-inch screen and will be equipped with two back cameras, infrared depth sensors and advanced software that can capture precise three-dimensional images of objects, the report said, citing the people briefed on the plans. The tablet is being developed as part of a Google research effort dubbed Project Tango and could be released ahead of the company's annual developer conference scheduled for the end of June, the WSJ report added, citing a person familiar with that effort.
Google Reportedly Developing Tablet With Advanced Vision Capabilities; Shares Edge Up Pre-Market