May 15, 2013 12:01 PM EDT
Google stock prices have spiked dramatically, 10 minutes after opening bell on the New York Stock Exchange it hit $900 per share, the highest it’s ever been. There is little doubt that the increase is connected to growing anticipation over the I/O conference which is expected to begin shortly.
Google has gotten music licensing deals with Sony Music Entertainment, Warner Music Group and Universal Music Group so it can launch a subscription music streaming service to compete with Spotify and Pandroa. The new music service will likely be unveiled at the conference. So far details are sparse the subscription rate is unknown but it seems that there will be no free service tier.
Other things to anticipate is the Samsung Galaxy S4 GE (Google Edition) which will be the flagship Android phone and will run the standard Android OS rather than the customized Samsung Android OS. The device will come with the following: The S4 comes with a 5-inch Super AMOLED display with 1080p, powered with 1.9 GHz quad-core processor OR 1.6 GHz Octa-Core processor (depending on the market). The device features 13 megapixel rear camera and 2 megapixel front facing camera. It comes with three storage variants - 16GB, 32GB and 64GB, along with a microSD card slot for expanding memory. For connectivity, it supports HSPA+42 and 4G LTE, Wi-Fi 802.11/a/b/g/n/ac (HT80), Near Field Communication (NFC), Bluetooth 4.0, GPS with GLONASS, IR LED for remote control and Mobile High-Definition Link 2.0 (MHL). These reports accompany other news about the Nexus tablet update, Google map changes and the long anticipated Google Glass.
Interested in Google I/O? We’ll be following it all week starting today!
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