With so much going on in the technology industry, it's easy to miss news on how companies are expanding their business and improving their leads.
Yesterday, Alphabet's (NASDAQ:GOOG)(NASDAQ:GOOGL) Google announced it's looking into three new cities for possible expansion of its Google Fiber service. That will bring the list of potential Google Fiber cities to nine, with three cities already offering the service.
Meanwhile Apple (NASDAQ:AAPL) recently reported fourth quarter fiscal 2015 numbers, and sales in its China region are spiking -- up 84% for the full fiscal year. Unfortunately, not all tech companies are feeling love from their users. With slowing user growth, Twitter (NYSE:TWTR) is looking for new ways to generate revenue from its logged-out users, and is currently testing a new option to do just that in the current quarter.
In the Internet of Things (IoT) space, Verizon Communications (NYSE:VZ) said it will launch a separate 4G LTE network exclusively for IoT devices. The carrier expects the new network to launch next year and provide cheaper rates for devices that use small amounts of data. IBM (NYSE:IBM) focused its attention on IoT yesterday as well, announcing its purchase of the digital assets of The Weather Company. The tech giant will pair weather data from the purchase with its Watson computing system to bring more weather-related IoT solutions to businesses.
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Chris Neiger has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Apple, and Twitter. The Motley Fool recommends Verizon Communications. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.