Share Name Share Symbol Market Type Share ISIN Share Description
Globaldata 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
  +0.00p +0.00% 527.50p 505.00p 550.00p 527.50p 527.50p 527.50p 1,312 07:51:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 100.0 -2.5 1.1 483.9 539.30

Globaldata Share Discussion Threads

Showing 1776 to 1797 of 1800 messages
Chat Pages: 72  71  70  69  68  67  66  65  64  63  62  61  Older
DateSubjectAuthorDiscuss
15/7/2017
14:33
hxxp://www.proactiveinvestors.co.uk/companies/news/180862/google-opens-first-london-cloud-data-centre-as-competition-with-amazon-and-microsoft-heats-up-180862.html Google opens first London cloud data centre as competition with Amazon and Microsoft heats up Renae Dyer 13 Jul 2017 Google is playing catch up with Amazon and Microsoft in the cloud computing services it offers, according to a study Google has responded to mounting competition in cloud computing by opening its first data centre to support the internet-based service in London. The data centre for the cloud computing services it rents to third parties is the second in Europe after Brussels. The search engine, owned by Alphabet Inc. (NASDAQ:GOOGL), is the third most capable cloud computing service provider after Amazon.com Inc. (NASDAQ:AMZN) and Microsoft Corporation (NASDAQ:MSFT), according to a study by Gartner last month. In terms of sales of cloud infrastructure services Google’s market share is also a “distant third”, the report added. Most of Google’s cloud platform data centres have until now been based in the US and Asia, including Singapore, Taiwan and Tokyo. Google to open more cloud data centres in Europe Responding to the growing demand for cloud computing services, Google announced that it also plans to open facilities in Finland, Netherlands and Frankfurt. “GCP [Google Cloud Platform] customers throughout the British Isles and Western Europe will see significant reductions in latency when they run their workloads in the London region," said product manager Dave Stiver, referring to processing delays caused by the distances data has to travel. "In cities like London, Dublin, Edinburgh and Amsterdam, our performance testing shows 40% to 82% reductions in round-trip latency when serving customer from London compared with the Belgium region." Google says decision to build London centre made before Brexit vote The new London centre has been built amid speculation that the UK’s data privacy laws may diverge from the European Union’s after Brexit. But a spokeswoman for Google said the decision to build the centre was taken before the UK voted to leave the EU last June. The data centre will allow clients to offload processing tasks and information storage to support mobile apps they may offer to the public. Google charges its customers, who include The Telegraph newspaper and Coca-Cola, for the amount of compute time rather than a flat rate in order to provide cheaper alternative to other cloud computing services. "Google uses deep discounts and exceptionally flexible contracts to try to win projects from customers that are currently spending significant sums of money with cloud competitors," Gartner said. Gartner said at the moment Google’s cloud platform offers fewer features than Amazon Web Services or Microsoft Azure but it is improving.
littleredrooster
30/6/2017
13:41
Worth more than £15m? A good month for broadcast and a new app. https://mobile.twitter.com/forscenepro/status/880747627205320704/photo/1 It's been a good month for broadcast :-) 4:19 am - 30 Jun 2017 https://mobile.twitter.com/JensWikholm/status/880744290800087040?p=v Jens Wikholm Hello from our new app 4:06 am - 30 Jun 2017
littleredrooster
24/6/2017
15:35
total addressable market of the cloud IT spend is $1 trillion hxxps://www.fool.com/investing/2017/06/15/amazon-just-hired-a-computing-legend-that-could-ta.aspx Amazon Just Hired a Computing Legend Who Could Take AWS to the Next Level Amazon made a big-time hire that may further boost its Amazon Web Services division. Billy Duberstein Jun 15, 2017 at 7:38AM Many people know Amazon (NASDAQ:AMZN) for its dominant retail operations and smart-home speaker Alexa. However, the company's fastest-growing and most profitable segment is Amazon Web Services. AWS is the company's cloud computing division, which allows businesses to store their data and applications in Amazon's massive data centers. "Renting" space from Amazon is far cheaper and more flexible than traditional on-premise solutions, which is why cloud computing is turning the enterprise IT world upside-down. AWS grew a whopping 42.7% in the most recent quarter while posting a 24.3% operating margin. Synergy Research Group puts AWS at 40% cloud market share, almost double that of Microsoft, Alphabet, and IBM combined. According to IDC, the cloud market is set to grow 25% this year, making it one of the highest-growth industries today. Still, with so much going right, Amazon is never one to stand still. In fact, the company just hired a computing legend who could take AWS to an even higher level. James Gosling On May 22, Amazon announced the hiring of James Gosling, the 62-year-old inventor of the ubiquitous Java programming language, which Gosling invented while working for Sun Microsystems in the 1990s. Gosling left Sun Microsystems after it was acquired by Oracle in 2010, then worked briefly at Alphabet, before moving on to a start-up called Liquid Robotics. Liquid Robotics makes the Wave Glider, an autonomous ocean robot that operates without fuel, and serves the defense, surveillance, environmental assessment, and oil and gas industries. Liquid Robotics was acquired by Boeing in late 2016. In a May 22 Facebook post, Gosling said he was starting a "new adventure" with Amazon Web Services as a Distinguished Engineer. In hiring Gosling, Amazon not only scored his big talent, but potentially much more as well. Former skeptic Interestingly, Gosling had actually spoken recently about Amazon and the cloud industry, and not in a positive light. At the 2016 IP EXPO in Seattle, he warned of the dangers of "cloud lock-in," meaning that once you choose a cloud provider for your infrastructure, it may be very hard to move: "You get cloud providers like Amazon saying: "Take your applications and move them to the cloud." But as soon as you start using them you're stuck in that particular cloud... In my case [at Liquid Robotics] there are no providers I'm happy with. Lots would make my life hugely easier, but convincing coast guards from random countries that they should trust Amazon is really hard." Gosling is not alone in his concern. Mary Meeker's recent Internet Trends report revealed that companies are increasingly wary of cloud lock-in, with 22% being very concerned, up from only 7% in 2012. Since Gosling has now agreed to go to AWS, he could play a vital role in convincing wary customers that the cloud is safe to embrace. AWS, the largest cloud player, is still only at a $15 billion run rate, while Gartner estimates the total addressable market of the cloud IT spend is $1 trillion. If Gosling can help Amazon convince the holdouts to come over to the cloud, AWS could potentially win an even larger share of this massive market. Internet of Things Gosling is also an interesting hire because at Liquid Robotics he worked in both database programming and the Internet of Things (IoT); the IoT is another huge market forecast to reach $7.1 trillion by 2020. AWS's IoT platform was first unveiled in 2015, and Amazon has been rumored to be in talks with DISH Network (NASDAQ:DISH) regarding a possible IoT network based on Dish's spectrum holdings. Clearly, Amazon is looking to be the big player in this market, by linking its massive storage and data-processing capabilities with "smart" devices. Amazon had recently inked deals with appliance company Whirlpool to embed Alexa in refrigerators and other home appliances, revealing its consumer IoT ambitions. However, Gosling's cross-disciplinary experience could help AWS make further inroads in the industrial, corporate, and public IoT sectors that were served by Liquid Robotics. Foolish takeaway AWS is already the leading cloud computing platform, but it's still early innings in the cloud revolution. The recent hire of James Gosling is a coup that could bring AWS to an even higher level.
littleredrooster
23/6/2017
12:08
Amazon Web Services alone making almost 90% of operating profit in the first quarter http://uk.advfn.com/stock-market/NASDAQ/WFM/share-news/Blind-Faith-in-Bezos-May-Sting-Investors-WSJ/75099223 Blind Faith in Bezos May Sting Investors -- WSJ 23/06/2017 8:02am Dow Jones News By James Mackintosh This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the US print edition of The Wall Street Journal (June 23, 2017). Investors think Jeff Bezos has the magic touch. Few companies other than Amazon.com Inc. could announce a nearly $14 billion takeover of a mature firm, give no details of why they are buying the very business model they're trying to disrupt, and have their market value rise by more than the takeover price. Since Amazon said last week that it would buy upscale grocery chain Whole Foods Market Inc., multiple theories have circulated about what it is up to. Some think it is about convenience shopping. Some that it is about customer data. Some suggest logistics, the grocery supply chain, or an extra distribution channel for the company's growing range of own-brand electronics. Still others think Amazon hasn't really got a strategy yet. What all seem to agree on is that Amazon will make it work, and other grocers should be cowering in the their freezer cases. Amazon doesn't inspire the near-religious fervor found among Apple's true believers, but the online-shopping-to-movie-studio conglomerate does depend on faith, hope and charity. Faith in Mr. Bezos's inventiveness provides the essential underpinning for Amazon shares, while investors hope that he doesn't really think of the company as a charity to finance wacky new ideas. Amazon -- like Google and Facebook -- has a successful core business, pays little heed to shareholders and plows its spare cash back into expansion and research and development rather than dividends. In the 20 years since it listed, it has made a total of $5.7 billion in net income, more than half of that in the past two years. It has spent $64 billion on R&D in the same period, including $4.8 billion in the first quarter alone. Mr. Bezos set out his principles in 1997. "We will continue to make investment decisions in light of long-term market leadership considerations rather than short-term profitability considerations or short-term Wall Street reactions," he told shareholders. Investors have bought in to the idea that by not maximizing profit in the short term, Amazon can maximize profit in the long term -- even if, 20 years later, the long term still hasn't arrived. At most listed companies, the exact opposite is true, with management under constant pressure to boost dividends and buybacks. "It's become easier to invest as a private company than as a public company," says James Anderson, a partner at Edinburgh-based Baillie Gifford & Co., whose biggest holding is Amazon. "There's a small number of companies that appears permitted to do this, and it's very difficult for most other public companies." Holding shares in Amazon requires the belief that Mr. Bezos will find enough good investments to offset the mistakes -- such as cash Amazon put into Pets.com, the epitome of badly-thought-through dot-com bubble catastrophes. So far, just one of his successes would cover a lot of mistakes, with Amazon Web Services alone making almost 90% of operating profit in the first quarter. Investors also need to believe that eventually Mr. Bezos will start paying out some of the cash. The value of a company ultimately comes from future dividends -- and Amazon has yet to pay a cent. The long-term danger is that instead of paying dividends, the cash is wasted. History is littered with examples of chief executives indulged by shareholders who become so enamored of their own brilliance that they fritter away shareholder money on wasteful expansion. So far, the founders of the big tech stocks have mostly made good decisions, and while they aren't exactly humble, hubris isn't apparent either. But their secrecy -- on display again with the lack of explanation of the Whole Foods deal -- shows a degree of contempt for investors. The short-term danger doesn't involve Amazon, but its shareholders. Investors seem to have suspended disbelief. However brilliant Mr. Bezos is, it is extraordinary that he is able to launch a big takeover without offering any strategic or financial rationale. The same glass-half-full attitude was behind shareholder acceptance of nonvoting shares in Snap Inc.'s initial public offering. When doubt returns, as it always does, Amazon shares will suffer. In many ways, Amazon is an exemplar for investors. In most companies, shareholders should encourage more R&D spending, worry less about quarterly targets and tell managers to focus on the business, not the share price. In Amazon's case, the willingness to accept no explanation at all for a $13.7 billion purchase suggests faith has run too far.
littleredrooster
17/6/2017
18:45
a final ruling could take years Good news for the lawyers. http://uk.advfn.com/stock-market/NASDAQ/INTC/share-news/Google-Faces-EU-Antitrust-Fine-WSJ/75027526 Google Faces EU Antitrust Fine -- WSJ 17/06/2017 8:02am Dow Jones News By Natalia Drozdiak BRUSSELS -- European Union regulators in the coming weeks are set to hit Alphabet Inc.'s Google with a record fine for manipulating its search results to favor its own comparison-shopping service, according to people familiar with the matter. The antitrust penalty against Google is expected to top the EU's previous record fine levied on a company for allegedly abusing its market position: EUR1.06 billion (about $1.2 billion) against Intel Corp. in 2009. Under EU rules, the fine could reach as high as 10% of the company's annual revenue, which was $90.27 billion last year. Google faces additional, and perhaps more painful, consequences from the European Commission's action, including possible changes not only to its handling of its shopping service but other services as well. The antitrust watchdog's decision could also embolden private litigants to seek compensation for damages at national courts. The EU is likely to instruct Google to put its comparison shopping service on equal footing with those of its competitors, such as Foundem.co.uk and Kelkoo.com Ltd. Such companies rely on traffic coming to their site from search engines like Google's, and the equal-treatment requirement could lead to greater visibility for rival services on the tech giant's platform. The EU has been in talks with some of the complainants about how Google should change its search results, though the precise remedy would likely be hammered out only after a decision is announced. Google general counsel Kent Walker has previously argued that forcing the company to place competitors' product ads in its search results "would just subsidize sites that have become less useful for consumers." The regulators' move would come as welcome relief to a range of web companies -- large and small, European and American -- that have been urging the EU for years to take antitrust action against Google. News Corp, owner of The Wall Street Journal, has formally complained to the EU about Google's handling of news articles on its search service. The EU watchdog opened its investigation into Google's practices in 2010. The former competition commissioner, Joaquín Almunia, subsequently drafted various settlements with Google over more than two years of talks, but the steps offered by Google were rejected in 2014 following criticism from competitors, as well as from politicians in Germany and France. That led the way for Mr. Almunia's successor, current EU antitrust chief Margrethe Vestager, to file formal accusations against Google -- the first regulator in the world to do so -- by issuing a so-called statement of objections in the comparison shopping case in April 2015. An EU decision against Google would set the regulator apart from authorities in the U.S.; they closed their own investigation into Google's search practices in 2013 after the company agreed to voluntary changes. The divergence could reflect in part Google's greater presence in search on the continent, where it holds about 90% of the market. Google can appeal any decision by the European Commission in the shopping case to the bloc's top courts in Luxembourg, dragging out the legal battle as a final ruling could take years. A decision in the case could set precedents for how the U.S. technology company operates in other domains, including with its local and travel services -- areas the EU has also been investigating. Meanwhile, EU antitrust cases against Google over its Android mobile-operating service and its advertising service Adsense remain open.
littleredrooster
26/5/2017
15:39
I must admit that I rather liked the juxtaposition of "Current market value £11m" next to "Google has invested $29 billion for cloud infrastructure". For those new to Forbidden Technologies, Forscene was used by Google/YouTube and NBC for the coverage of the London Olympics. The last I heard was that the dedicated cable still exists. http://www.investegate.co.uk/forbidden-tech---fbt-/rns/forbidden-licenses-forscene-to-youtube/201112120700137432T/ http://www.investegate.co.uk/forbidden-tech---fbt-/rns/forscene-wins-sports-deals/201206180700055289F/ http://www.investegate.co.uk/forbidden-tech---fbt-/rns/forscene-wins-major-sports-deal-with-youtube/201207020700065721G/
littleredrooster
26/5/2017
12:55
Forscene is the first and most feature-rich cloud video platform for editing and distribution hxxp://www.forscene.com/blog/cost-effective-storage-editing-long-term-film-projects Cost effective storage and editing for long-term film projects Jovana Posted On May 26, 2017 RDF Television uses Forscene for convenient storage, remote access and editing of its media throughout long-term reality film projects. The company produces over 100 hours of network factual television every year for principal broadcasters, filming contributors from all across the country. Unnecessary investment RDF needed a solution to support a three-year ongoing project with sporadic filming throughout its duration. For this, they needed to consistently access and log their media with the option to edit whenever required – without any major investment in storage or edit suites. Keeping all of their media on Avid storage throughout the duration of the project would have proved too expensive. Hardware-based storage at the office would only allow them to view the media without editing. Video editing on demand in the cloud * On-site ingest: Film rushes are sent to RDF West in Bristol where they are ingested and uploaded via the Forscene Edge server * Cost-effective cloud storage: RDF have access to all of their content in the Forscene cloud without associated storage costs. With scalable pricing, they only pay for what they use * Professional NLE: Forscene’s complete palette covers video editing for all media industries * Remote access and collaboration: The production team in London have concurrent remote access to the media stored in Forscene. They can collaborate via Forscene’s live chat while working on the video content simultaneously * Integrating with the Avid workflow: Edit metadata from Forscene can be exported via AAF to continue the edit in the Avid Get in touch Forscene provides RDF with a convenient cloud platform for their post-production workflow without unnecessary investment in expensive editing suites. To find out how Forscene can benefit your broadcast production, get in touch today. hxxp://www.forscene.com/about-us Powerful cloud technology Forscene is the first and most feature-rich cloud video platform for editing and distribution. We work with the largest broadcasters, digital rights owners and media companies to help them reach wider audiences and increase revenue. hxxp://www.forscene.com/blog/ Warning Forbidden Technologies has a long history of disappointing investors. Current market value £11m.
littleredrooster
25/5/2017
15:14
Google has invested $29 billion for cloud infrastructure in the last three years hxxp://www.streamingmedia.com/Articles/Editorial/Featured-Articles/Google-Cloud-Goes-After-Media--Entertainment-Customers-118254.aspx Google Cloud Goes After Media & Entertainment Customers Google Cloud is now responsible for 20-25% of all internet traffic and powers Snapchat, engineering director Leonidas Kontothanassis tells Content Delivery Summit attendees By Nadine Krefetz Posted on May 16, 2017 Google is going up against Amazon, Microsoft and IBM to make its cloud services the platform media companies should look to for their needs. It has built the largest private network in the world, which is now available for external customers. "Google thinks media is a very important vertical and deserves special attention," said Leonidas Kontothanassis, engineering director for Google at his Content Delivery Summit keynote in New York on Monday. Approximately half of Google's engineers are working on the various components of Google Cloud Platform—the largest engineering group at Google by a factor of three, said Kontothanassis. Google Services provides an entire platform, powering media customers like Snapchat, which runs on Google Cloud. Google has invested $29 billion for cloud infrastructure in the last three years. "We are serving a billion unique IP's every day. We bring the highest reliability in the industry," says Kontothanassis. Google Services for the platform include APIs for machine learning, specific custom services providing up to 5,000 cache points, SSL delivery at no additional cost, and a range of other services. Media Services Services they are providing for media include rendering, processing, intelligence, monetization, and the playback platform. The promise: Google Cloud can provide faster time to market and greater costs savings for media production, plus help customers avoid congestion and security problems of the public internet. Kontothanassis outlined a couple of Google use cases. A live two-hour sports event can now be done for $4,000 for virtual live linear delivery with no hardware costs. Spotify can now process data in 15 minutes that previously took 96 hours, enabling them to provide customized personalize live linear music streaming. "Personalization by far is the most interesting development and most ripe for disruption," he said. Video Supply Chain Machine learning is another area Google is providing access to with API's. Live streaming can take advantage of real time closed caption creation in 80 languages. Image recognition can automatically identify logos and objects within video content which can be paired with customized ad insertion based on content or other monetization options like dynamic links to ecommerce sites. Intelligent playback can allow viewers to create customizable user defined clips (where a viewer can request highlights for a specific athlete and specific game for example). AI can be used to do analysis of video compression to allocate optimum file sizes based on traffic and delivery data. Any combination of these services provide huge opportunities for media innovation. Capacity Google provides for demand, capacity and congestion changes in real time. "Our workload is 20–25% of all internet traffic, depending on the country," says Kontothanassis, and 90% of this traffic is YouTube. "One of the most difficult things to do is how do you decide which users get assigned to which section." Every client gets mapped individually. Google's content mapping system provide individual optimized delivery, and can remap the client if they decide they need to move traffic. hxxp://www.streamingmedia.com/Articles/Editorial/Featured-Articles/Amazon-Netflix-and-More-Go-Global-With-the-Cloud-118024.aspx hxxp://www.streamingmedia.com/Articles/Editorial/Featured-Articles/Microsoft-Debuts-AI-Cloud-Service-for-Video-at-Build-Conference-118153.aspx
littleredrooster
23/5/2017
17:15
My estimate is that an early investment in IBG has significantly outperformed Google Those who doubt this may wish to consider two facts: 1) IBG may have been valued at less than £1m when I bought my shares 2) GlobalData today has a market value of £500m
littleredrooster
23/5/2017
16:23
My estimate is that an early investment in IBG has significantly outperformed Google but the real star has been Amazon, and I would expect that I have benefitted from the rise in the Amazon share price via my investment in a global technology fund (and probably other such collective investments). http://www.telegraph.co.uk/investing/shares/amazon-20-shareholders-have-gained-49000pc-others-lost-94pc/ Amazon at 20: some shareholders have gained 49,000pc, others lost 94pc James Connington 20 May 2017 • 7:23am Investors who stuck with Amazon over the past two decades would have enjoyed a return of nearly 49,000pc, despite a 94pc collapse in its shares when the tech bubble burst at the turn of the millennium. This week marked the 20th anniversary of the online retail giant’s public listing. The stock has been “split” multiple times over its lifespan. Share splits involve investors being given, for example, 10 shares for each they already own. This dilutes the value of each share but prevents them becoming prohibitively expensive. Adjusting for share splits, Amazon closed its first day of trading on May 15 1997 at $1.96 a share, after a 30.5pc rise that day. Today the stock trades at $959. However, the ascent of Amazon's share price has not been smooth. During the 1999 tech bubble it hit a high of around $107 before collapsing to $6 by late 2001 - a 94pc loss. Many retail investors own Amazon through funds, as it has become a perennial favourite of professional investors who target growth. Of the 3,636 funds included in the classification system of the Investment Association, the trade body, 113 have Amazon as a top-10 holding, according to data service FE. A constant cause of concern for many investors is the company's valuation, and whether it can be justified. On a price to earnings (p/e) basis, it has repeatedly looked untenable. The p/e ratio measures share price relative to annual earnings per share. At times Amazon's p/e has registered in the thousands, and its average since 1997 is 236. Today it sits at 182 according to data service Bloomberg, compared with 23 for the wider US market. These valuations have not prevented the share price from rising, and many investors see Amazon as unique and almost impossible to imitate. The business is notoriously guarded in terms of explaining its investments - even to fund managers - but many investors believe in its ability to innovate and disrupt existing sectors to continue to deliver growth. hxxp://www.investopedia.com/articles/investing/082715/if-you-had-invested-right-after-amazons-ipo.asp If You Had Invested Right After Amazon's IPO By Investopedia | Updated May 15, 2017 — 11:09 AM EDT "Today — May 15, 2017 — is the 20th anniversary of Amazon.com Inc.'s (Nasdaq: AMZN) initial public offering (IPO). Those in the investment industry know that Amazon has been a hot stock for quite some time. However, this was not always the case. When Amazon first went public in 1997, its stock was priced at just $18 per share. From that modest beginning, the online retail giant has seen its stock skyrocket, despite a rocky period during the dot-com crash. In fact, if you had invested just $100 in Amazon's IPO, that investment would have been worth $63,990 by close last Friday. On the 20th anniversary of its IPO, the stock price opened at $958.68, slightly under the all time high the previous week at $962. Hidden Growth It is clear from the figures above that even a modest investment in the company in 1997 would have turned into a healthy contribution to anyone's retirement savings. In fact, the stock has multiplied almost 491 times, using the split-adjusted close of $1.96."
littleredrooster
18/5/2017
21:13
Good grief!!!! I have stumbled across lrr! We were genuinely worried about you over on the Fbt thread. Glad to see you are ok even though we had our differences. Have you ditched Fbt??
geheimnis2
18/5/2017
21:07
the average UK worker will still earn less in 2021 than they did in 2008 Well, it was Labour who bust the economy. https://www.ft.com/content/aa299754-3ae0-11e7-821a-6027b8a20f23 UK real wages drop for first time in three years This decade set to be worst in more than 200 years for pay packets, economists warn May 17, 2017 by: Sarah O’Connor, Employment Correspondent "Wages in Britain have dropped in real terms for the first time in almost three years as employers remain reluctant to offer bigger pay rises in spite of the acceleration of inflation. The jobs market was otherwise robust with record employment rates and the lowest unemployment since 1975, official data showed. But the renewed squeeze on Britons’ living standards marks a turning point for the UK economy: real wages fell sharply after the financial crisis but had been recovering slowly in recent years. “Coming so soon after the big post-crisis pay squeeze, this new phase of falling pay means that this decade is set to be the worst in over 200 years for pay packets,” said Stephen Clarke, an economic analyst at the Resolution Foundation think-tank. The latest official forecasts suggest the average UK worker will still earn less in 2021 than they did in 2008. Inequality is also expected to increase in the next few years because the benefits that top up the incomes of low-paid workers have been frozen in cash terms."
littleredrooster
07/5/2017
13:42
The shareholders are also doing quite well. hxxps://www.thetimes.co.uk/edition/business/tech-titans-pay-20bn-in-bonuses-m32h7s78l Tech titans pay $20bn in bonuses Danny Fortson, San Francisco May 7 2017, 12:01am, The Sunday Times The world’s top five technology companies are minting millionaires at an unprecedented pace, handing out stock awards that are more than 60% higher on average than the bonuses for workers in Britain’s financial services industry. Apple, Amazon, Microsoft, Facebook and Google’s parent Alphabet doled out a combined $20bn (£15.4bn) in share payouts last year, on top of the techies’ salaries, according to an analysis of stock market filings. The tech industry’s elite all enjoyed increases in their share prices last year, helping them to displace former stalwarts such as Warren Buffett’s Berkshire Hathaway and Exxon Mobil as the world’s most valuable public companies outside China. Apple is ranked No 1 with a market cap of about $770bn, followed by Alphabet, Microsoft and Amazon, with Facebook…
littleredrooster
04/5/2017
14:35
Makes sense to me. hxxp://www.sharecast.com/news/thursday-newspaper-round-up-estate-agents-transline-brexit-facebook/25889600.html Thursday newspaper round-up: Estate agents, Transline, Brexit, Facebook Thu, 04 May 2017 "Britain and Brussels will both be better off if they stop wrangling over an enormous Brexit divorce bill and instead focus on the real prize - a trade deal to preserve the £600bn of trade which flows back and forth across the Channel each year. Business group the Confederation of British Industry (CBI) wants the negotiators to prioritise jobs and economic growth, and to avoid becoming bogged down in hostile rhetoric at the start of the Brexit talks. - Telegraph" http://www.telegraph.co.uk/business/2017/05/03/ignore-100bn-brexit-bill-focus-trade-deal-cbi-tells-london-eu/
littleredrooster
02/5/2017
13:44
the first time those companies .. all reached highs on the same day hxxp://www.foxbusiness.com/features/2017/05/02/s-p-500-gets-lift-from-tech-sector-wsj.html S&P 500 Gets a Lift From Tech Sector -- WSJ By Gunjan Banerji Published May 02, 2017 "A climb in technology shares buoyed U.S. stocks, boosting the Nasdaq Composite to a fresh record. The gains lifted Apple, Google-parent Alphabet, Microsoft, Amazon.com and Facebook to records, the first time those companies -- the five largest by market capitalization -- all reached highs on the same day, according to WSJ Market Data Group. Technology stocks have led gains over the past four months as investors moderated bets on companies expected to benefit from policy shifts such as tax cuts and pivoted to those that have provided reliable returns during the eight-year bull market. "Investors are looking for growth anywhere they can find it. Technology is certainly one place," said Bruce Bittles, chief investment strategist for Baird. The Nasdaq Composite rose 44.00 points, or 0.7%, to 6091.60. The S&P 500 climbed 4.13 points, or 0.2%, to 2388.33. The Dow Jones Industrial Average slipped 27.05 points, or 0.1%, to 20913.46. Technology stocks in the S&P 500 rose 0.8%, increasing the sector's gain for the year so far to 16%. Apple added $2.93, or 2%, to $146.58, while Alphabet Class A shares rose 8.30, or 0.9%, to 932.82. Facebook climbed 2.21, or 1.5%, to 152.46. Microsoft rose 95 cents, or 1.4%, to 69.41. Amazon gained 23.24, or 2.5%, to 948.23. Apple is scheduled to report earnings late Tuesday, while Facebook's results are expected late Wednesday."
littleredrooster
01/5/2017
18:20
https://finance.yahoo.com/news/apple-cash-hoard-set-top-012300187.html Apple’s Cash Hoard Set to Top $250 Billion Tripp Mickle The Wall Street Journal May 1, 2017 "Apple Inc. is expected to report Tuesday that its stockpile of cash has topped a quarter of a trillion dollars, an unrivaled corporate hoard that is greater than the market value of both Wal-Mart Stores Inc. and Procter & Gamble Co. and exceeds the combined foreign-currency reserves held by the U.K. and Canada combined. The money, more than 90% of which is stockpiled outside of the U.S., ​has drawn fresh attention as President Donald Trump has proposed slashing business taxes and a one-time tax holiday on corporate cash brought home. That could ratchet up pressure on the tech giant to make splashy acquisitions or dole out more money to shareholders. Apple’s quarterly results will show the company has doubled its cash pile in just over 4½ years. In the last three months of 2016, it racked up new cash at a rate of about $3.6 million an hour. As of December, the company had $246.09 billion total cash, cash equivalents, and securities. Apple, like many big American companies, parks most of that cash offshore rather than paying U.S. taxes on its overseas profits." "When Apple had its 1990s bankruptcy scare, then CEO Steve Jobs arranged a cash infusion from Microsoft, setting his resolve to keep reserves for future emergencies. Mr. Jobs also believed Apple could better boost its stock price by using its money to develop new products than through buybacks or dividends. His biggest product, the iPhone, has only supercharged the cash machine. Apple has sold more than 1 billion of the devices in the decade since it was introduced, and today claims 91% of all the profits in the smartphone sector."
littleredrooster
01/5/2017
11:04
Qumulo was started in the cloud era, so it takes a fundamentally different approach to solving customers’ problems hxxps://www.geekwire.com/2016/former-isilon-executive-bill-richter-named-ceo-qumulo-says-new-job-no-brainer/ Former Isilon executive Bill Richter named CEO of Qumulo, says new job was a ‘no brainer’ by John Cook on November 29, 2016 "Peter Godman and Bill Richter have known each other for 10 years, dating back to the time when the two tech executives worked together at Seattle-based Isilon Systems. That data storage company ended up selling to EMC for a whopping $2.25 billion in 2010, one of the biggest acquisitions in Seattle tech history. Now, Godman and Richter are reuniting around another hot startup, one which they think holds as much, if not more, promise than Isilon. Today, Godman is handing the CEO reins of Qumulo — a 4-year-old cloud-based data storage upstart — to Richter." "“When the opportunity came along to join as CEO, for me it was just a no brainer,” said Richter, who will still retain his venture partner title at Madrona. “Qumulo has taken a problem that’s defined as an $8 billion market, and that market is just dominated by legacy vendors whose software code is 15, 20, almost 25 years old.” Richter said that Qumulo was started in the cloud era, so it takes a fundamentally different approach to solving customers’ problems. Existing file storage players such as NetApp, IBM, Dell and HP loom as competition, certainly some formidable rivals. But the 42-year-old Richter, who previously served as president of the Isilon Storage Division of EMC, sees an opening. “(Qumulo) has the advantage of taking a blank sheet of paper and saying: ‘for the modern era, for the cloud era, how would you go about solving this problem,'” said Richter, who helped grow Isilon’s revenue to $1.5 billion in 2014. The appointment of Richter as CEO marks a significant milestone for Qumulo, which is embarking on an aggressive sales and marketing effort to get its product into the hands of even more customers. To date, about 100 companies are using Qumulo’s storage technology, including some of the largest entertainment, automotive and life sciences companies. Godman says the Qumulo technology is designed to help companies “organize billions of digital assets.” Qumulo has raised $100 million in venture capital, including $32.5 million in June from Allen & Company, Top Tier Capital Partners, Tyche Partners, Kleiner Perkins Caufield & Byers, Madrona, Highland Capital Partners, and Valhalla Partners. It now employs about 140 people, and while Richter did not provide an estimate for employee growth in the coming year, he did say they plan to significantly grow the sales and marketing team “at a very rapid pace.”"
littleredrooster
29/4/2017
15:25
This is an insanely innovative company that is going to change the world of storage as we know it Well, I suppose he is the company’s VP of marketing ;-) hxxps://www.geekwire.com/2017/tech-moves-qumulo-adds-former-aws-chef-exec-shiftboard-adds-leadership-team/ Tech moves: Qumulo adds former AWS and Chef exec; Shiftboard adds to leadership team; and more by Clare McGrane on February 6, 2017 "It’s been a busy year at Qumulo: the data storage and data informatics company announced a new CEO in November, and capped $100 million in funding last summer. Now the company has made another change with the addition of tech vet Jay Wampold as the company’s VP of marketing. Wampold comes to the position after a year as the director of product marketing for Amazon Web Services, and had previously served as Chef’s VP of marketing for five years. He has also left his mark on companies like Isilon Systems, where he led marketing and communications for four years, and RealNetworks, where he worked as director of communications in the company’s early years. “Joining Qumulo was a once-in-a-lifetime opportunity that I couldn’t pass up,” Wampold said in a press release. “This is an insanely innovative company that is going to change the world of storage as we know it. Based on the growth of the company and calibre of the executive team, Qumulo is heading into a significant market opportunity, and I am beyond thrilled to be a part of such a forward thinking company as it matures.”"
littleredrooster
27/4/2017
19:48
market for infrastructure clouds like AWS will nearly triple over the next four years hxxp://www.geekwire.com/2017/amazon-web-services-set-for-hiring-spree-new-report-shows-5600-open-positions/ Amazon Web Services set for hiring spree — new report shows 5,600 open positions by Tom Krazit on April 24, 2017 at 9:17 am Amazon Web Services enjoys a healthy lead in the market for public cloud services, and it plans to hire thousands of people across engineering, sales, and support to prepare for even more growth in the future. CB Insights released a deep-dive summary of Amazon’s overall business last week, and one stat popped out at us: there are more than 5,600 open positions for AWS roles, which represents nearly one third of all open positions across Amazon’s entire business. A sizable chunk of those jobs are in artificial intelligence research, a discipline Amazon CEO Jeff Bezos identified as a key area of investment in his annual letter to shareholders. In February, Gartner predicted that the market for infrastructure clouds like AWS will nearly triple over the next four years, and it seems like Amazon agrees with that trajectory. CB Insights expects that AWS will continue to add new services to its public cloud like AWS Lambda and the new features discussed last week in San Francisco, identifying security investment as a particularly hot area for the company in 2017. Here’s a graphic CB Insights put together illustrating the range of open positions at Amazon: hxxps://cdn.geekwire.com/wp-content/uploads/2017/04/JobsV3-1228x1260.png
littleredrooster
27/4/2017
15:31
Worth more than £15m? https://mobile.twitter.com/forscenepro/status/857259401320824832 Forscene Say hi to Matt, the new member of TeamForscene - our new motor advancing Forscene’s growth in North America pic.twitter.com/gW9Az9tibo 8:45 am - 26 Apr 2017 FBT RE: NAB 2017 Sun 12:47 Our Forscene team will be 6-strong in Vegas at the NAB Show 2017 this month! Find us at Imagine Communications booth SL1516 and Qumulo, Inc., booth SL6605 Qumulo NAB17 RE: nab Tue 09:01 Live video encoding with Elemental, Forscene, and Qumulo See live video from the show floor as it is captured and processed by an Elemental encoder and stored on Qumulo for editing. Forscene then takes these media files from the Qumulo cluster and replicates them to the cloud, for collaborative local/remote editing. Media files are then served from the cloud to social media and YouTube. hxxp://www.geekwire.com/2017/data-storage-startup-qumulo-raises-another-30m-total-funding-130m/ Data storage and analytics startup Qumulo raises another $30M, total funding up to $130M by Taylor Soper on April 4, 2017 at 4:30 am April 5, 2017 at 8:23 am "Qumulo has spent the past five years building out its cloud-based platform that helps companies store and manage their data usage. Now the company is ready to attract enterprise customers from around the world and become a globally-recognized brand. The Seattle startup today announced a $30 million investment round led by new investor Northern Light Venture Capital, with participation from previous investors like Kleiner Perkins Caufield & Byers, Madrona Venture Group, Top Tier Capital Partners, and Tyche Partners. This follows a separate $32.5 million investment in June of last year. Total funding in the 5-year-old company is now $130 million. Qumulo helps clients in a variety of industries like film production, oil and gas, life sciences, and more not only store data, but also monitor it with real-time analytics." "Richter said some companies can rewrite their applications and try to leverage public cloud solutions like Amazon Web Services or Microsoft Azure — Qumulo views them as “strategic partners” — but that most don’t have the time, money, or expertise to do so. Qumulo employs 150 people and recently made a few key hires. In November it brought on tech industry vet Eric Scollard as its vice president of worldwide sales, and in February it hired Amazon and Chef veteran Jay Wampold as its vice president of marketing."
littleredrooster
25/4/2017
15:20
http://www.investegate.co.uk/globaldata-plc--data-/rns/agm-statement/201704250700081854D/ 25 April 2017 GlobalData Plc Annual General Meeting ("AGM") Statement GlobalData announces that at its AGM today the following statements will be made by the Chairman:- New Banking Facilities As announced on 19 April 2017, we have negotiated new banking facilities with The Royal Bank of Scotland, HSBC and Bank of Ireland. A new five year facility replaces the Group's current arrangements which were due to expire in July 2019. The new £75 million committed multi-currency facility includes a £30 million term loan, a £30 million acquisition revolving credit facility, a £15 million working capital revolving credit facility and a £25 million uncommitted accordion facility. The new banking arrangements provide significant available liquidity for both general working capital requirements and where appropriate, the financing of further acquisitions. We are very pleased to have received such strong support from both our existing bank, The Royal Bank of Scotland, and our new lenders. Capital Markets Day We will be holding a Capital Markets Day on 23 May 2017 at our offices for analysts and accredited institutional investors. In a series of presentations, GlobalData will focus on its sales and marketing strategy and will provide live demonstrations of its product offering. For the avoidance of doubt, no new material trading or financial information will be disclosed. Kelsey van Musschenbroek and Mark Freebairn I should also like to express my thanks to Kelsey van Musschenbroek and Mark Freebairn, who are stepping down today, for their help and hard work and for their years of service. I also welcome our recently appointed non-executive directors Annette Barnes and Andrew Day. http://www.investegate.co.uk/globaldata-plc--data-/rns/agm-result/201704251252342710D/ 25 April 2017 Result of Annual General Meeting ("AGM") GlobalData announces that, at the AGM of the Company held earlier today, all resolutions put to shareholders were duly passed.
littleredrooster
23/4/2017
13:17
http://uk.advfn.com/stock-market/NASDAQ/TSLA/share-news/What-Is-Tesla-Really-Worth-Heard-on-the-Street/74347159 What Is Tesla Really Worth?--Heard on the Street 16/04/2017 7:26pm Dow Jones News By Charley Grant Tesla Inc. is valued as though it will soon conquer the U.S. auto market. Now, it has the small task of actually doing so. Tesla shares have been unstoppable ahead of the Model 3 launch, having gained 40% this year. The upstart auto maker is more valuable than Ford and slightly less valuable than General Motors on a market cap basis. The crux of the excitement is the all-electric Model 3 sedan that Tesla says will start at $35,000. Production is scheduled to begin this summer. Tesla now trades at 271 times projected 2018 adjusted earnings, according to FactSet. Ford and GM, in contrast, trade at less than seven and six times the 2018 estimate, respectively. Tesla gets that valuation because it is expected to upend the auto industry, while earning big profits that would bring down the multiple. But to actually earn enough profits to reduce Tesla's multiple to something in the realm of reasonable would require almost heroic assumptions. First, the basics: Say Tesla's valuation should be 10 times higher than GM and Ford's, and say Tesla's share price stays constant at about $300. That means Tesla would need to earn $4.29 a share in 2018, which equals $700 million in total net income, assuming the current share count doesn't change. For perspective, Tesla sold about 76,000 cars in 2016 and lost $675 million on sales of $7 billion. Now the assumptions: CEO Elon Musk forecasts Tesla can produce 500,000 cars in 2018, while analysts, a bullish lot, peg the number of deliveries at 302,000. Let's say the delivery number is 380,000. Pencil in an average selling price of $50,000 -- Tesla will still be selling high-priced Model S and Model X vehicles along with the Model 3. That scenario yields just under $21 billion in automotive revenue. Add another $2 billion in sales from its residential solar and energy businesses. Tesla has never generated a positive operating margin for a full year, but assume it gets savings on battery costs and realizes economies of scale. If Tesla gets the same 5.4% operating margin that GM and Ford averaged last year, it would generate operating income of $1.1 billion. Subtract $200 million for interest expense and tax the remainder at 25%: The result is $700 million in net income, giving Tesla a multiple roughly 10 times bigger than GM and Ford. To get there, the company would have to quintuple the number of cars it sells, earn margins equivalent to those of its highly efficient competitors and not sell new shares. Tweak any of these variables -- lower sales, lower margin, lower selling price -- and Tesla doesn't come close to earning enough to get to 10 times the multiple of its bigger rivals by the end of 2018. Valuation has never mattered before for Tesla's investors and it may not matter at the end of next year. Shareholders may be willing to wait five years instead of two for Tesla to generate big profits, or they may continue to figure that valuation doesn't matter for a game-changer like Tesla. Tesla's cars have always outshone its financials. That needs to change soon for its valuation to make sense.
littleredrooster
Chat Pages: 72  71  70  69  68  67  66  65  64  63  62  61  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20170720 18:49:46