Share Name Share Symbol Market Type Share ISIN Share Description
Globaldata Plc LSE:DATA London Ordinary Share GB00B87ZTG26 ORD 1/14P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -10.00p -1.52% 650.00p 640.00p 660.00p 660.00p 650.00p 660.00p 44,943 12:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 157.6 -7.7 -11.0 - 664.54

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It brings in to question whether Huawei can survive as a handset maker hTTps:// Huawei's Android license has been revoked; here's what Huawei has to say about it tech2 News Staff May 23, 2019 16:13:10 IST Google announced that they will be suspending all business interactions with smartphone manufacturer Huawei. This meant Google won’t be conducting any kind of business involving hardware or software with Huawei, apart from the components covered by open source licenses. While Google already clarified earlier that services like Google Play and Google Play Protect will continue working on existing Huawei devices, it was still unclear how Huawei was handling the situation. As reported by Android Central, Huawei has released a statement on the same. The company says that it will continue providing security updates and after-sales services to existing Huawei and Honor smartphone and tablet products. It will cover all the products that are currently being sold as well. However, whether it will be receiving security patches and updates after Android Q in the future is still unclear. Huawei also confirmed that the trade blacklist isn’t going to affect the launch of its upcoming Honor 20 Series smartphones, which are scheduled for 21 May (tomorrow). Here’s Huawei’s full statement: "Huawei has made substantial contributions to the development and growth of Android around the world. As one of Android's key global partners, we have worked closely with their open-source platform to develop an ecosystem that has benefitted both users and the industry. Huawei will continue to provide security updates and after-sales services to all existing Huawei and Honor smartphone and tablet products, covering those that have been sold and that are still in stock globally. We will continue to build a safe and sustainable software ecosystem, in order to provide the best experience for all users globally. Plus, nothing has changed for HONOR. We will be having our exciting launch event tomorrow in London for HONOR 20 Series." hTTps:// "Huawei has been working on its own operating system for some time, so it was ready for this eventuality, but by forcing them to use it, the US could well be creating an all-new rival to iOS and Android that could prove more popular in Asian markets. Meanwhile, the decision will cause havoc for the millions of existing Huawei and Honor handset owners. Google has said that it will continue to supply security updates to these devices, which will continue to work, but are now unlikely to receive updates to Android Q - making them instantly less attractive to potential buyers. New devices from Huawei/Honor will be required to use only the open source (AOSP) version of Android, which means no Google Play Services, no Play Store, no YouTube, no Google Pay - in fact, most of the killer features of Android will disappear. It brings in to question whether Huawei can survive as a handset maker, despite threatening to become the biggest in the world in the coming few years, with two best-in-class handset releases last year and the well-received P30 range introduced only last month."
this seems on a cursory glance very expensive and an acquisition driven company operating in competitive markets eg analysing global pharamaceutical developments up against evaluate there, I guess, but Amati has bought in so must see some potential, wonder if anyone can put the bull case eg size and scale to be weighed against the negatives, loads of intangibles, an inevitable LTIP and need to dish out options to keep the staff.
hTTps:// NASA fingers the cause of two bungled satellite launches, $700m in losses, years of science crashing and burning... Aluminium manufacturer accused of running 19-year supply quality scam By Iain Thomson in San Francisco 3 May 2019 at 05:56 Scientists at NASA have accused one of their metal suppliers of lying about the strength of its aluminium in a 19-year scam that caused $700m in satellites and other parts to go up in smoke. The space agency eggheads pointed the finger of blame at the aluminium manufacturer after probing two failed science missions: the February 24, 2009 fruitless launch of the Orbiting Carbon Observatory, and the March 4, 2011 doomed launch of the Glory satellite, designed for monitoring atmospheric pollutants. In both cases, the rocket fairing, which is the nose cone protecting the satellite payload, failed to separate after liftoff. As a result, the Orbiting Carbon Observatory (OCO) plunged into the ocean off the Antarctic, and Glory swiftly crashed into the Pacific, after their rockets fell back to Earth, the satellites still attached. The blunders were traced back to the fairing release mechanism, and specifically the aluminium (or aluminum in Freedom Language) used in this component. It was supplied by Sapa Profiles Inc, of Oregon, USA, now renamed Hydro Extrusion Portland, Inc. NASA's boffins said the metals used were not up to specification, and called in the Feds. Subsequent checks appeared to show that Sapa had been falsifying its materials testing reports for profit. The metal was supposed to have a particular tensile strength, however, company employees fudged the tests to increase profit margins, investigators said. “NASA relies on the integrity of our industry throughout the supply chain,” said Jim Norman, NASA’s director for Launch Services, earlier this week. "While we do perform our own testing, NASA is not able to retest every single component. That is why we require and pay for certain components to be tested and certified by the supplier. "When testing results are altered and certifications are provided falsely, missions fail. In our case, the Taurus XLs that failed for the OCO and Glory missions resulted in the loss of more than $700 million, and years of people’s scientific work. It is critical that we are able to trust our industry to produce, test and certify materials in accordance with the standards we require. In this case, our trust was severely violated." The Feds said they uncovered thousands of falsified records relating to the breaking point of Sapa's metal. And it wasn't just NASA that got stiffed, we're told: the same plant supplied the US military and hundreds of other customers in America and around the world. The blame was specifically pinned on Dennis Balius, Sapa's testing lab supervisor. Prosecutors said he forced lab technicians to falsify testing results, recertify failed parts, and violate testing standards by speeding up examinations and using incorrect parts. He pleaded guilty to charges of fraud in July 2017, and was sentenced to three years in the cooler, and forced to pay over $170,000 in restitution. In an out-of-court settlement, the company formerly known as Sapa agreed to pay $31.4m in restitution to NASA and the US military, and forfeit $1.8m in "ill-gotten gains," as the Dept of Justice put it. That ended a criminal fraud case against the biz. To settle a related civil case, in which the manufacturer was accused of breaking the False Claims Act, the company agreed to pay $6m to NASA and $5m to the US Department of Defense’s Missile Defense Agency. It is also barred from selling to US government agencies in the future. “Our partners at NASA and in the military – as well as hundreds of private businesses – put their faith in the integrity of this supplier and the structural integrity of its products,” said Special Agent in Charge Loren ‘Renn’ Cannon of the FBI’s Portland Field Office. “For almost two decades, this company’s greed violated that trust." 158 comments
hTTps:// Microsoft's Satya Nadella uses a subtle fear tactic to win cloud business away from Amazon Julie Bort 18 hours ago * Amazon seems like an unstoppable force in the cloud computing market. * But No. 2 cloud player Microsoft is gaining ground. * Here's the story of how Microsoft CEO met with the CEO of advertising giant WPP and subtly reminded him of the risk of choosing the wrong cloud company. * Visit Business Insider's homepage for more stories. Advertising agency giant WPP has been a partner with Microsoft for years. So when it came time to meet and pitch WPP's new CEO, Mark Read, appointed last September, Microsoft brought out the big gun: Microsoft CEO Satya Nadella. Flanked by about 20 people from each of their organizations, Nadella marched straight up to Read the moment introductions were over, reports Businessweek's Austin Carr and Dina Bass as part of a profile on Nadella. He politely listened to Read talk about WPP's digital needs for nearly a quarter of an hour before gently saying, "We don't want you to think of this as just building an app on our platform. We want to enable you to build your own platform." The words were a code. Nadella was reminding Read that unlike giant cloud provider Amazon, Microsoft isn't competing with WPP. It isn't a retailer competing with WPP's customer's either. And although it does have Bing and does sell ads, it also has an ad sales partnership with WPP. Nadella's sales pitch is simple, and one used not just with ad agency giant WPP but with retailers, an industry Amazon has really clobbered: Do you trust a technology partner to store their data, handle their transactions, know the most intimate details of their business, if that tech partner is also a competitor? This fear is one of the reasons why major retailers like Walmart and Kroger have chosen Microsoft over Amazon. And Microsoft isn't alone in using it. Google's cloud has deliberately gone after the retail market as well, with the same argument. The message wasn't lost on Read, Businessweek reports. WPP's famous billionaire founder Martin Sorrell (who resigned last year over allegations of personal misconduct leading to Read's promotion as CEO), spent much of last year warning the world that Amazon's advertising business was underestimated. He called Amazon names like "tentacles" and said its advertising business was a growing "pimple" or "boil"in various interviews. WPP began offering brands creative services to help them advertise on Amazon back in 2017. And, like he predicted, Amazon's advertising business has been growing. He saw it as a direct threat to Google and Facebook but also one to WPP, admitting that Amazon "kept him up at night." That's because digital ad companies like Google, Facebook and Amazon all have their own enormous sales forces and work with brands directly, cutting out the need for creative agency. Amazon is also working to build out its ad sales force. It's currently looking to hire nearly 1,700 people for advertising sales jobs, according to its website. Nadella's fear tactic clearly doesn't work on everyone. Amazon remains the market share leader in cloud, with plenty of companies, especially outside of retail, choosing AWS. Ironically, one of Amazon's Web Services biggest customers is Netflix. It began using Amazon back before Amazon began competing with it. This even though, as Bloomberg reveals, Netflix's co-founder and CEO Reed Hastings was Nadella's mentor back when Hastings was a Microsoft board member. Hastings left the board in 2012. And despite his close relationship with Nadella, and the fact that Amazon now has its own movie studio and streaming services, it has yet to ditch AWS for Azure. Still, Amazon's willingness to compete with its partners and customers could be AWS's achilles heel and one that Nadella seems ready to exploit.
Final dividend paid today (equivalent of 40% of my initial investment).
Oops! hTTps:// SpaceX rocket falls overboard By Chris Forrester April 16, 2019 SpaceX lost a core rocket on April 15th. The rocket fell overboard from its floating drone barge in rough Atlantic seas off Florida. The rocket had formed the central portion of a 3-rocket assembly which launched Arabsat 6A last week, and had landed on the barge in a textbook operation. The two side boosters, themselves in essence complete Falcon 9 booster stages, were successfully landed just a few minutes after lift-off from Cape Canaveral. However, the barge was waiting for the main rocket a few hundred miles down range and suffered extremely bad weather in the days following the lift-off. SpaceX, in a statement said, “Over the weekend, due to rough sea conditions, SpaceX’s recovery team was unable to secure the center core booster for its return trip to Port Canaveral. As conditions worsened with eight-to ten-foot swells, the booster began to shift and ultimately was unable to remain upright. While we had hoped to bring the booster back intact, the safety of our team always takes precedence. We do not expect future missions to be impacted.”
hTTp:// Facebook asks governments for help policing internet April 1, 2019 Facebook boss Mark Zuckerberg has asked governments and regulators to play “a more active role” in policing the internet and the standards of big online companies. Zuckerberg said firms such as his had huge responsibilities, deciding matters such as which content is harmful and what constitutes political advertising. “If we were starting from scratch, we wouldn’t ask companies to make these judgments alone,” he said in an open letter. “By updating the rules for the internet, we can preserve what’s best about it – the freedom for people to express themselves and for entrepreneurs to build new things – while also protecting society from broader harms,” said Facebook’s CEO. Facebook has been criticised for not doing enough to quickly take down harmful content and hate speech, for example after the New Zealand terror attack, and for not being transparent enough over who is paying for political ads. This week, however, it responded to some of that criticism by announcing a ban on content promoting white nationalism and separatism. It is also looking at restrictions on live video streaming. What does Zuckerberg want? In brief, Zuckerberg calls for the following things in the letter: •Common rules that all social media sites need to adhere to, enforced by third-party bodies, to control the spread of harmful content •All major tech companies to release a transparency report every three months, to put it on a par with financial reporting •Stronger laws around the world to protect the integrity of elections, with common standards for all websites to identify political actors •Laws that not only apply to candidates and elections, but also other “divisive political issues”, and for laws to apply outside of official campaign periods •New industry-wide standards to control how political campaigns use data to target voters online •More countries to adopt privacy laws like the European Union’s General Data Protection Regulation (GDPR), which came into force last year •A “common global framework” that means these laws are all standardised globally, rather than being substantially different from country to country •Clear rules about who’s responsible for protecting people’s data when they move it from one service to another The open letter, which will also be published in some European newspapers, comes as the social network faces questions over its role in the Cambridge Analytica scandal around data misuse during election campaigns. Read the open letter here hTTps://
08:49 Europeans double UK investment since Brexit vote By Tim Wallace 3 March 2019 • 7:00pm "European investors are taking major bets on the UK economy, more than doubling investment in Britain over the past three years. Uncertainty around Brexit has not stopped companies on the continent from embarking on a major deal spree in the UK, indicating faith in the economy’s long-term prospects among foreign money managers. Buyers in the EU have snapped up 553 UK assets through mergers and acquisitions and private placements in the past year, according to S&P Capital IQ data. Purchases of companies, property and stakes in fast-growing firms totalled $31.1bn over the past 12 months."
Yes, I'm looking forward to the dividend appearing in my bank account. "the Board is pleased to announce a final dividend of 7.5 pence per share (2017: 5.0 pence)"
This share continues to be one of the most reliable and steady in my portfolio. Nice results and great Divi increase.
Facebook is concerned about the "costs of new data centres to support video initiatives" hTTps:// Lightning fast video upload to the cloud? This is how it’s done Feb 5, 2019 | Thought Leadership Blackbird is all about creating and distributing video as easily and efficiently as possible. I recently introduced the Blackbird java script editor. Running in a browser transforms the delivery of our cloud video platform by distributors, resellers and OEMs to their clients. Blackbird Edge is about simplifying how Blackbird puts videos into the cloud. Suppose you have dozens of production company clients, with multiple TV series with tens of thousands of clips in each. The rack mounted Blackbird Linux Edge Server is perfect for this. It allows you to segregate content by company, prioritise ingest, and even render high resolution files from the original sources. On the other hand, suppose you are making a single production, are out-and-about, and have no IT department – and being a media person, you also have a Mac. In this case, MacOS Blackbird Edge is for you. All the goodness of the Linux Server, running on your laptop. A software-only download, the MacOS version of Blackbird Edge runs on all recent versions of MacOS. It is very easy to install and has a user-friendly menu and dialog box, with sensible defaults. It will ingest any material added to your Watchfolders, putting it in the right place in your Blackbird account. Running on a laptop opens up new productive workflows. Clients use MacOS Blackbird Edge from jungles and beaches to offices and homes. High volume users can ingest nine videos (or audio files or photos) concurrently on a top end iMac Pro. Blackbird users don’t even need to wait for the upload to the cloud – anything ingesting can be edited from anywhere in the world even before it is uploaded, served on demand by the Blackbird Edge Server. Keeping original sources on the Mac gives high resolution publishing capability to Blackbird editors. Linux Blackbird Edge now has a younger and more eye catching sibling: inheriting all the power and flexibility of the Linux version in a user-friendly MacOS application. No other video editing technology can deliver such game-changing benefits for remote video workflows. Elegant and efficient, MacOS Blackbird Edge is turning into a hit. Stephen Streater Founder and Director of R&D Blackbird hTTps://
just had these guys call me try to sell me their services. Ran through an online screen-share for their mining sector data .. looks pretty impressive. Sadly no use to me/us .. wish it could have been Made me have a quick look at the company .. nice chart
Microsoft last wore the most-valuable crown in 2003 Microsoft Rode Cloud To Market-Cap Prize -- WSJ 03/12/2018 8:02am Dow Jones News By Jay Greene This article is being republished as part of our daily reproduction of articles that also appeared in the U.S. print edition of The Wall Street Journal (December 3, 2018). Microsoft Corp. tried through the years to compete in a range of buzzy consumer businesses, but it was Chief Executive Satya Nadella's focus on selling humdrum yet fast-growing computing services to companies that allowed it to reclaim the title of world's most valuable company. Microsoft unseated Apple Inc. for the top spot, closing Friday with a market cap of $851.36 billion, nearly $4 billion higher than the iPhone maker. To get there, Microsoft also had to outpace Inc., Facebook Inc. and Google owner Alphabet Inc., once red-hot tech titans that have been roiled by congressional hearings, investor concerns about growth and caustic tweets from President Trump, controversies Mr. Nadella largely has avoided. The resurgence -- Microsoft last wore the most-valuable crown in 2003 -- can be traced to Mr. Nadella's vigorous pursuit of web-based services known as cloud computing, which had threatened to undermine Microsoft's own business selling productivity and data-center software companies and people installed on their own computers. "They built a strategy for the cloud when the cloud was really starting to emerge," said Matt McIlwain, managing director of Madrona Venture Group, a Seattle firm that invests in cloud startups. "Enterprises started embracing the cloud just as Microsoft was starting to get it right." Microsoft's first ascent up the market-cap mountain was powered by its ubiquitous Windows operating system and Office productivity software, and the aggressive leadership of co-founder Bill Gates. The CEO leveraged his Windows monopoly to move into new markets, a strategy that launched battles with regulators in the U.S. and abroad. Settling those matters led to new rules for Microsoft's conduct that slowed the company's growth. Its stock stagnated for a decade. Since Mr. Nadella took over as CEO five years ago, Microsoft's shares have tripled, buttressing the statuses of Mr. Gates and former CEO Steve Ballmer -- still two of Microsoft's biggest shareholders -- as some of the world's wealthiest individuals. At The Wall Street Journal's WSJ Tech D.Live conference in November, Mr. Ballmer said enterprise business powers Microsoft today. Mr. Nadella took a company with good profit streams and technology "to whole new levels," he said. Microsoft's Azure cloud business has been key, with revenue climbing more than 76% every quarter since the company began reporting the metric in October 2015. "I think Satya has done a great job," Mr. Ballmer said. "I think that's fantastic and as a shareholder I think it's double and triple fantastic." Mr. Nadella has sought to change Microsoft's culture. On his watch, it has taken public positions on contentious issues, calling for regulation of facial-recognition tech and responsible use of artificial-intelligence software. He moved away from some of Mr. Ballmer's bets, dismantling the company's mobile-phone business, and prioritized working with partners in the cloud and elsewhere, putting popular Microsoft apps on Apple's iOS and Google's Android software. "They've succeeded under Satya because they have developed a different persona," said Bob Muglia, a former Microsoft executive who is now CEO of Snowflake Computing Inc., a data-warehousing service. Amazon still dominates the cloud. The online retail giant last year held a 51.8% share of the world-wide cloud-infrastructure market, according to the market-research firm Gartner Inc. Microsoft is second, with 13.3% of the market. Wall Street expects the cloud to keep booming. Gartner estimated the world-wide market for cloud-infrastructure services like the ones Microsoft and Amazon sell will grow to $63 billion in 2021 from $23.6 billion last year. Amazon is aware of Microsoft's presence. At the Amazon Web Services annual conference Wednesday in Las Vegas, Amazon cloud-computing chief Andy Jassy told attendees that Amazon is pulling in more actual dollars than Microsoft, even if its rate of growth is slower. And he introduced a new service that lets customers run Amazon's cloud-computing offerings in their own data centers, taking aim at Microsoft's area of strength. Also contributing to Microsoft's rebirth is productivity software, which helped Microsoft gain the most-valuable crown nearly two decades ago. The commercial version of Office 365 -- a cloud-based subscription version of the traditional Office software -- is among the fastest-growing pieces of a segment that accounts for roughly a third of Microsoft's revenue. Microsoft was once the dominant force in tech, and its use of that power led the U.S. to sue to break it apart. But in recent years, regulators and legislators haven't focused as much on Microsoft. Microsoft never built a successful social network like Facebook that could generate concerns over data security and misinformation. It is a distant second to Google in web search, escaping scrutiny over data harvesting. Its Surface computer and Xbox gaming units are a small enough part of its business that they don't appear to be jeopardized by the trade battle between Washington and Beijing, or a lightning rod for criticism over U.S.-based manufacturing. Microsoft's foray into selling smartphones was a failure -- the company ultimately took charges that exceeded the $9.4 billion Microsoft paid for Nokia Corp. That costly period years ago ended up insulating Microsoft today from a slowdown in the smartphone market that has hammered Apple's stock in recent weeks. Write to Jay Greene at
21:25 Taking Toll of Tech's Tumble 18/11/2018 5:29pm Dow Jones News By Michael Wursthorn Wall Street has been souring since October on one of the year's most popular trades, sparking a selloff that has erased roughly $575 billion in market value from Facebook Inc., Inc., Apple Inc., Netflix Inc. and Google parent Alphabet Inc. The quintet -- commonly known as the FAANG stocks -- has suffered steep losses as investors rethink their lofty valuations and projected growth in the months ahead. But their combined market cap still totals nearly $3 trillion, giving them considerable heft in the S&P 500 index. -- Facebook is the worst-performing stock of the FAANG group, shedding 21% so far this year, amid questions over its handling of user data. Losses have been mounting since July, when the social-networking firm warned about slowing growth, putting Facebook on pace for its worst year since going public in 2012. -- posted its second straight quarter of record profitability last month, but slowing revenue growth spooked investors, sending shares down 20% in October alone. -- The selloff robbed Apple of its $1 trillion market cap, leaving it dangerously close to entering bear-market territory, marked by a fall of at least 20% from a recent high. The iPhone maker's losses have accelerated since the beginning of the month, when Apple offered investors a tepid revenue forecast for the current quarter. -- Netflix had been one of the best-performing stocks in the S&P 500 throughout the first half of the year, avoiding some of the volatility that rattled other tech giants in the early spring. But the video-streaming company reported weaker-than-expected subscriber growth in July, kicking off a decline that accelerated in October. -- Alphabet also has shown signs of slowing growth, stirring further angst among investors over tech's durability during an economic slowdown. The search-engine giant has suffered a bruising period after reporting a surging profit on slowing growth in sales, setting up shares of Alphabet for their weakest year since 2014. Write to Michael Wursthorn at
Google remains a relatively tiny player in a market dominated by Amazon Head of Google's Cloud-Computing Effort to Step Down -- WSJ 17/11/2018 8:02am Dow Jones News By Douglas MacMillan and Jay Greene This article is being republished as part of our daily reproduction of articles that also appeared in the U.S. print edition of The Wall Street Journal (November 17, 2018). Google's top cloud-computing executive and one of tech's highest-ranking women is departing the company after three years and will be succeeded by a former executive of business-software rival Oracle Corp. Diane Greene will relinquish her role as CEO of Google Cloud in January, she said in a blog post Friday. Thomas Kurian, a former president of product development at Oracle, will then step in. Ms. Greene will retain her seat on the board of Google parent Alphabet Inc. Ms. Greene, a Silicon Valley veteran who co-founded corporate-software pioneer VMware Inc., joined Google in 2015 to help it take on Inc. and Microsoft Corp. in the growing market for cloud computing software and services. Ms. Greene expanded Google's sales force and struck deals with corporate clients such as Target Corp. and HSBC Holdings but failed to gain market share at the same rate as Microsoft. "They haven't performed as well as the expectation was when Diane was brought on," said Holger Mueller, principal analyst at Constellation Research, Inc. Google remains a relatively tiny player in a market dominated by Amazon, which generated 51.8% of revenue in the global cloud-software market in 2017, according to Gartner. Microsoft outpaced other players, increasing its share to 13.3% last year, from 8.7% the year earlier. Google nudged its share up to 3.3%, from 2.7% in 2016. Inside Google, where the core business of online ads is showing signs of slowing, cloud computing is seen as a key driver of growth. Google said earlier this year cloud sales generated more than $1 billion quarterly, but it hasn't disclosed any further specifics. Analysts at Credit Suisse expect the division to generate $6.9 billion, or about 6% of Alphabet's total revenue this year -- up from an estimated 3% last year. In the third quarter alone, Amazon's cloud division generated $6.68 billion. Ms. Greene's investment in artificial intelligence tools has given Google advantages over competitors but also put her at the center of a debate about the ethical use of AI. Her team's work helping the U.S. Defense Department with drone targeting, an effort called Project Maven, sparked internal backlash from Google employees earlier this year, ultimately leading the company to say it would stop renewing the contract. Mr. Kurian led Oracle's transformation from a vendor of legacy software applications that companies run in their own data centers to one that belatedly embraced cloud computing. His title was president of product development, but he reported directly to Chairman and Chief Technology Officer Larry Ellison, not the company's co-chiefs, Safra Catz and Mark Hurd. Mr. Ellison is driving Oracle's investment in developing a rival cloud-infrastructure service that competes directly with Amazon, Microsoft and Google, and has routinely criticized market leader Amazon as having inferior technology. At Oracle's OpenWorld conference two years ago, Mr. Ellison predicted "Amazon's lead is over" -- but since then Amazon's cloud-infrastructure business has grown faster than Oracle's much-smaller one. As Oracle continued to lose ground in that market, Mr. Ellison reorganized the engineering teams that develop the company's cloud-computing services this summer, according to a person familiar with the internal discussions. Those changes left Mr. Kurian with a smaller remit, the person said. Oracle announced that Mr. Kurian would take "extended time off" in early September, and said later that month that he wouldn't return. Mr. Kurian's focus on building Oracle's cloud business, as well as working with its large, corporate customers, should help Google, said Stifel Nicolaus & Co. analyst Brad Reback. The company has been slow to develop the sales and support organization that big corporate customers require. "He understands the challenge," Mr. Reback said of Mr. Kurian. Google's hiring of Mr. Kurian could suggest the company will consider making a bid for Red Hat Inc., the software-and-services company that International Business Machines agreed to acquire last month for $33 billion, Mr. Reback said. Red Hat would provide Google with the sales and support muscle, as well as credibility with corporate tech buyers, that it lacks, Mr. Reback said. "Either you're playing to win or you're not," Mr. Reback said. Write to Douglas MacMillan at and Jay Greene at
10:23 Amazon creates 1,000 new UK research roles as tech giants hone in on British talent By Hannah Boland 18 October 2018 • 10:01pm Amazon is investing in three regional hubs across the UK, creating more than 1,000 new skilled jobs in a move UK trade secretary Liam Fox hailed as a "signal to the world that the UK is very much open for business". The internet giant will open a new office in Manchester, to house at least 600 new employees working on software development, machine learning and research and development. It will also grow its existing development centres in Cambridge and Edinburgh, adding 180 new roles and 250 roles in each city respectively. In Edinburgh, work centres around new advertising technology and personalised shopping recommendations, while in Cambridge, the retailer focuses on innovations in Alexa, Prime Air drones and its cloud computing division AWS. Doug Gurr, Amazon's UK country manager, said the new roles were "Silicon Valley jobs in Britain and further cement our long-term commitment to the UK". "It's all about investment in really great people," he added. Since 2010, Amazon has invested more than £9.3bn in the UK alone, opening 17 fulfillment centres in the region. By the end of the year, it will be employing more than 6,500 people in corporate, Amazon Web Services and research and development divisions. The latest roles come on top of the 650 Amazon said it would be creating at AWS and at its development centres in June, as well as a whole slew of positions in its fulfillment centres. Mr Fox said: "Ensuring that the world's best and brightest companies continue to invest and innovate in the UK is at the heart of our global Britain agenda. "Amazon's decision to create hundreds of highly-skilled jobs in Manchester, Edinburgh and Cambridge is an enormous vote of confidence in the UK." Amazon, Facebook and Google have all made real commitments to the UK in recent years, seeking to harness British talent in areas such as machine learning and engineering. Google, for example, bought DeepMind back in 2014 and has since been pouring funds into the artificial intelligence business, despite it making no money for the business. And over the summer, Facebook bought Bloomsbury AI, a British company which develops natural language processing technology. The UK's has world-leading universities in AI, and is thought to be a hotbed for talent in this technology, with many top researchers being offered jobs in Silicon Valley. Its strength in the area led the Government to set of a £1bn sector deal earlier this year, in which it pledged, among other things, to invest £17m to fund artificial intelligence development in British universities. However, research by The Daily Telegraph last month found the UK was at risk of a so-called "brain drain" as American companies were increasingly trying to lure academics overseas with hefty salaries. The Daily Telegraph analysed data from around 150 people who had gained either a postgraduate-level degree or had held research positions at Cambridge, Oxford, Imperial, UCL and Oxford Brookes universities, and found around a third had left to work at Silicon Valley tech firms.
hTTp:// Cloud Video Streaming Market Worth USD 16.6 Bn by 2023 at 18.9% CAGR | Cloud Video Streaming Market Advancing Swiftly Due To Scalability and Cost Effectiveness The global cloud video streaming market is set to witness rapid growth due to high adoption of live streaming and widespread use of cloud video streaming to deliver over the top content (OTT). September 18, 2018 07:06 ET | Source: Market Research Future Pune, India, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Market Research Future’s in-depth analysis of the Global Cloud Video Streaming Market, By Components (By Streaming Cloud Content), By Streaming Type (Live Streaming, Video on Demand, Video Hosting), By Cloud Deployment (Private Cloud, Hybrid Cloud), By Vertical (Media & Entertainment, Education, Government) - Forecast 2023 Market Insights Cloud video streaming is a rapidly advancing market which is anticipated to witness a CAGR of 18.9% during the forecast period of 2017 to 2023. This projection, among others, has been made in Market Research Future's latest report on the global cloud video streaming market. The market is becoming increasingly competitive due to the cloud platform being easy to embrace for enterprises of all sizes, particularly SMEs. The growth of the market is anticipated to result in a market value of approximately USD 16.6 Bn by the end of 2023. The introduction and widespread adoption of over the top content (OTT) has created considerable opportunity for the global cloud video streaming market. The popularity of on-demand videos and streamed content is based on the delivery of this content in real-time. Increasing network speeds across the globe and consumer demand for higher speeds in the age of technology and the internet are highly conducive to the growth of the cloud video streaming market. Consumption patterns have changed drastically due to urbanization and increasingly busy schedules which have turned consumers toward live streaming as it offers the ability to stream content at any given time. Expansion of the market has been the result of novel applications being employed for the technology. Sports, news, TV shows and many other forms of entertainment are easily viewable. Moreover, it has also found application in the education industry by allowing live streaming of lessons for remote learning. The proliferation of personal smart devices which carry the capability to stream live content is another key factor affecting the global cloud video streaming market. Cloud video streaming offers competitive costing and scalable growth which allows small businesses to participate in the market. The increasingly competitive market carries a high potential for growth, as applications for cloud video streaming are consistently being developed. Opportunities for growth will arise as OTT content providers prepare to offer increased original content and tap into consumer consumptions trends. Request a Sample Report @ hTTps:// Market Segmentation MRFR's segmental analysis is performed on the basis of components, streaming type, service, deployment, vertical and region. By components, the market is divided into media players and service. The media player segment consists of JW Players, iOS media player and adobe flash players & Adobe AIR. The service segment is sub-segmented to include managed services and professional services. By streaming type, the market is segmented into video on demand streaming, live streaming, and video hosting. By cloud deployment, the market is categorized into hybrid cloud, private cloud, and public cloud. By vertical, the market includes healthcare, government, media & entertainment, education, and others. Regional segmentation of the market divides the market into North America, Europe, Asia Pacific and the Rest of the World. Concentration of Market Players Establishes North America as Top Regional Market North America has a high concentration of market-leading players who lead growth for the global and regional market, thus catapulting the region into top position with the largest share. The U.S leads the market due to high adoption of cloud-based services in the region across small and medium enterprises. Moreover, largescale investments towards outsourcing of video streaming solutions are driving growth for the global Cloud Video Streaming Market. Europe has a similar growth pattern which has contributed considerably to the market size of the region. The growing number of content providers leveraging cloud video streaming as a method to deliver high-quality OTT content is a significant driver of the market. Additionally, these regions have high internet speeds which drive the consumption of live streaming and other OTT content services. Meanwhile, the Asia Pacific is expected to grow at a rapid pace due to the high potential available in the region. The presence of a massive consumer population which is witnessing dramatic changes due to urbanization and changing lifestyles is highly conducive to the adoption of cloud video streaming solutions. The presence of a significant IT sector and the fact that several international players are moving to establish themselves in the region due to the recognized potential is expected to encourage market growth. Key Players Encoding.Com, Adobe Systems Incorporated, Microsoft Azure, Amazon Web Services, Akamai Technologies Inc., Forbidden Technologies, Haivision Hyperstream, Sorenson Media, and A-frame are some of the leading market players participating in the global cloud video streaming market. MRFR has profiled and recorded the market strategies employed by these players and their role in expanding the market. Product innovation, expansion of capabilities, acquisitions, and mergers are among the most employed market strategies with the highest impact. Browse Complete Report @ hTTps:// About Us GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Bitcoin will emerge as a viable store of value alongside gold Not my opinion but nevertheless an interesting point of view. hTTps:// September 18, 2018 21:19 US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin? For the first time in history, US household wealth has surged above the $100 trillion mark, fueled by the rise in the value of stocks and properties. However, analysts say the unsustainable growth in household wealth could cause a crash, which may lead millennials to flock to Bitcoin. In September, US household wealth reached $100 trillion, and ostensibly it seems like a positive development for US markets. But, in comparison to the stagnation in actual US household income, it is quite evident that the rapid growth rate of US household wealth cannot be sustained in the long-term. Speaking to Business Insider, AJ Bell investment director Russ Mould stated: “Household net worth cannot sustainably grow this much faster than incomes. Assets have been bid up and at some stage there has to be chance that they correct, just as happened in 2000 and 2007.” Bubble-Like Behavior According to Mould, the US stock market experiencing one of the strongest bull markets in history and the real estate market continuing to increase in value led to an abrupt increase in household wealth. However, if household wealth cannot be backed by stable income, then the market will be vulnerable to a major correction. “The difference is likely to be accounted for by the surge in the value of financial and other assets — equities, bonds, property and rankly everything from vintage cars to art to wine to baseball cards. And this is one warning that at some stage another collapse in financial markets will sweep around the globe,” Mould added. Nouriel Roubini, a widely recognized economist and professor at Stern School, also recently called for a financial crisis in the US market by 2020, explaining that the market has been demonstrating bubble-like behaviors over the past year. With the discrepancy between US household wealth and income growing exponentially and global debt rising to $250 trillion, Mould emphasized that the US market is due for a correction, whether that will lead to a minor correction or a financial crisis as Roubini predicted remains uncertain. Viability of Bitcoin as an Investment Bitcoin, like gold, is often considered as a store of value with no correlation to the broader financial market. It moves independently of traditional assets and commodities, which allows Bitcoin to operate as a reliable store of value in times of uncertainty and market volatility. While there exists no correlation between Bitcoin and the broader financial market, Matt Hougan, vice president of research and development at Bitwise Asset Management, told Bloomberg in an interview that the decline of the global market does not guarantee a bull market for crypto. “Non-correlation is not the same as inverse correlation so there’s no guarantee that when the market goes down crypto will go up. Over the long term, we think the fundamental drivers of crypto are different from the fundamental driver of equities and other assets, and we would expect the low correlation to persist,” Hougan said. Still, considering the increasing demand for Bitcoin from millennials, with surveys finding that over one third of millennials are planning to invest in cryptocurrency within the next few years and 80 percent of American millennials already aware of Bitcoin, it is highly likely that if a financial crisis occurs in the near future as experts predict, Bitcoin will emerge as a viable store of value alongside gold.
hTTps:// Amazon strikes $1 trillion market cap, 4 weeks after Apple did the same TechCrunch - 7 hours ago Amazon just joined the exclusive $1 trillion club (briefly). The e-commerce behemoth jumped above a trillion dollar market cap on Tuesday during intraday trading. Its share price hit an all-time high of $2,050.27 earlier this morning bringing its value above the massive, yet meaningless, milestone. The share price is bouncing around and is currently sitting a few million below the number but the share price will inevitably rest above the number soon enough. Amazon, founded in 1994 with the lofty ambitions of taking on Borders and Barnes and Noble, has completely rewritten the rules of retail in the past couple decades as it has aggressively moved to build a massive logistics engine to power all sorts of e-commerce needs for a consumer base emboldened by the shift to mobile. This news is all the more notable because it follows Apple’s ascent to the same milestone just a few weeks ago. The two tech behemoths may have been able to find the same value to shareholders, but while Apple has relied on its ever-evolving consumer hardware business and line of services to support its devices, Amazon has locked onto the country’s capitalistic infrastructure both in moving atoms as it ships billions of items worldwide and bits with its AWS platform. While Apple’s market cap growth over the past year has been near a staggering 40 percent, Amazon has been even more of a value rocket ship. As of Tuesday, its market cap represented nearly 110 percent year-over-year growth. Founder and CEO Jeff Bezos is currently estimated to be worth around $166 billion, which is about $70 billion north of Bill Gates’s worth in the #2 wealth position, so he’s doing alright I guess.
Yesterday he was worth £126 billion Amazon shares break through $2,000 for first time, closing gap between internet retailer and trillion-dollar tech rival Apple By City & Finance Reporter for the Daily Mail Published: 22:18, 30 August 2018 Amazon shares have broken through $2,000 for the first time, closing the gap between the internet retailer and trillion-dollar tech rival Apple. It added £260m to the fortune of boss Jeff Bezos (pictured below with his wife MacKenzie) in a single day. Last night Amazon was worth £726bn, following a near-70 per cent surge in its shares this year. Brian Nowak, an analyst at Morgan Stanley bank, said: ‘We have increasing confidence that Amazon’s rapidly growing, increasingly large, high-margin revenue streams will drive higher profitability and continued upward estimate revisions.’ Former Tesco chief executive Sir Terry Leahy said Amazon will overtake Apple to become the world’s largest public company because it has ‘reinvented shopping’. Bezos, 54, owns 16 per cent of Amazon. He overtook Microsoft’s Bill Gates last year as the world’s wealthiest man, and become the richest person in modern history in July as his fortune hit £115 billion. Yesterday he was worth £126 billion.
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