This week, we tackle the news from Google's (NASDAQ:GOOGL)(NASDAQ:GOOG) annual I/O developers conference. Did Android just overtake search as the company's most important product? Will the new Drive disrupt Microsoft's (NASDAQ:MSFT) efforts with Office?

Then, we look at YouTube's fight with the music industry. Will threatening to remove some independent labels' tracks from the streaming service lead to lower royalty rates? Will competitors profit from the chaos?

We also dig into the legal tussle between Nintendo (NASDAQOTH:NTDOY) and Koninklijke Philips (NYSE: PHG). What's the likely downside for Nintendo investors now that a UK court has ruled the company violated two of Philips' patents? Could we see an end to Wii and Wii U sales in Europe and North America?

Next, we visit the Supreme Court's decision to side with broadcasters in their fight with Aereo and Microsoft's plan to sell the Android-powered X2 smartphone. Should investors fear the high court's ruling? Has Mr. Softy gone crazy, or crazy like a fox?

Finally, we talk about the summer box office and why Marvel is destined to walk away with almost all the money consumers are spending at the theater.

Guest host Alison Southwick, Nathan Alderman, and Tim Beyers have these stories and more in this week's episode of 1-Up on Wall Street. Click the video to watch now, and then be sure to follow us on Twitter for more segments and regular geek news updates!

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Alison Southwick has no position in any stocks mentioned. Nathan Alderman owns shares of Berkshire Hathaway. Tim Beyers owns shares of Berkshire Hathaway and Google (A and C class). The Motley Fool recommends Berkshire Hathaway and Google (A and C shares) and owns shares of Berkshire Hathaway, Google (A and C class), and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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