Microsoft sunk the 40-foot long vessel off the coast of Scotland. The data center contains 12 racks of computers with a total of 864 servers. Microsoft said it can hold data and process information for up to five years without maintenance. …read more […]
WASHINGTON (Reuters) – A U.S. senator on Thursday is seeking responses from Google parent Alphabet Inc and Twitter Inc on whether the U.S. companies have any data sharing agreements with Chinese vendors, following a disclosure from Facebook Inc this week.
Shares of Microsoft Corporation (NASDAQ:MSFT) rallied to a 52-week high of $102.6 on Jun6, eventually closing marginally lower at $102.49. Shares of Microsoft have returned 20.9% year to date, outperforming the industry’s rally of 18.4%. Microsoft’s acquisition of the open-source software development platform giant, GitHub will helpthe company in becoming more future-oriented by encouraging more developers to create services and apps.This in turn will aid Azure to compete better against other computing giants by being more appealing to customers. …read more […]
NEW YORK (Reuters) – Walt Disney Co’s $52.4 billion deal to acquire most of Twenty-First Century Fox Inc’s assets was “surgically” structured on good advice to be submitted to regulators, Makan Delrahim, assistant attorney general for the U.S. Department of Justice’s antitrust division, said on Thursday.
LONDON (Reuters) – Bank of America is looking to move more jobs than originally envisaged to its new Paris office, in what is expected to be one of the biggest such shifts from London ahead of Brexit, two sources familiar with the matter said.
NEW YORK (Reuters) – For most U.S. fund managers, beating the market this year has come down to one decision: whether or not to own shares of Amazon.com Inc .
Starbucks is increasing its prices on brewed coffee. Yahoo Finance’s Seana Smith, Dion Rabouin and Kevin Kelly, CEO of Benchmark discuss. …read more […]
WILMINGTON, Del (Reuters) – Walmart Inc has asked a court to block a former top tax executive from joining Amazon.com Inc , saying the move would violate a non-compete agreement and “irreparably harm” Walmart’s business by potentially tipping off its rival to strategic plans including potential merger targets.
The National Transportation Safety Board has released a preliminary report …read more […]
Expectations were low and AMB Industries cleared them with ease in the fiscal second quarter. …read more […]
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Thursday it would investigate Toyota Motor Corp , Panasonic Corp and other companies for alleged patent infringement in certain infotainment systems, components and automobiles containing such systems.
NEW YORK (Reuters) – The U.S. Department of Justice is examining how the proposed merger between T-Mobile US Inc and Sprint Corp could affect prices for smaller wireless operators, according to two people familiar with the matter.
(Reuters) – Hedge fund Elliott Management Corp Chief Executive Paul Singer said on Thursday he agreed with billionaire investor Warren Buffett and JPMorgan Chase & Co CEO Jamie Dimon that companies should move away from providing quarterly earnings guidance.
Editor’s Note: Just four days to go before we introduce you to “the shortest way to a rich life.”
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For 20 years, at its core, Investment U sought to answer the question, “How do I obtain true financial freedom?”
Our new daily …read more […]
(Reuters) – General Motors Co will supply advanced batteries to Japan’s Honda Motor Co, the companies said Thursday, a move that could significantly reduce the cost of future electric vehicles at both automakers after 2020.
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