Author Topic: World Economic News  (Read 923 times)

PRITAM DASS

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Re: World Economic News
« Reply #20 on: July 19, 2016, 05:29:55 PM »
SoftBank to Buy ARM Holdings for More Than $32 Billion


This could be a shot in the arm. The Japanese bank picked the right time to buy a British company: Sterling has fallen nearly 30 percent against the yen in the past year, offsetting ARM's rising share prices. It's the largest ever Asian investment in Britain, and some are taking this as an optimistic sign for post-Brexit business prospects. But others warn that buying ARM, a chip designer, is a big bet on the Internet of Things rather than a vote of confidence for Britain's economy.

PRITAM DASS

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Re: World Economic News
« Reply #21 on: July 20, 2016, 07:50:53 PM »

   Cloud Revenue Helps Fuel Microsoft's Big Earnings


The future is up in the air. While PC sales continue their slump, the Redmond, Washington, firm is also softening its ambitions for phone sales - instead betting big on cloud computing. So far it's working: Microsoft raked in $22.6 billion in earnings for the quarter, beating Wall Street estimates and cheering investors. The computing stalwart's commercial cloud business had a $12.1 billion run rate, a number the company aims to push to $20 billion by 2018, even as it shifts focus toward its $26.2 billion acquisition of LinkedIn.

Amandeep

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Re: World Economic News
« Reply #22 on: March 19, 2017, 11:05:49 AM »

 

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