The demand for video and data is pushing the growth of cloud services and data centres. Intel’s and Microsoft’s quarterly results have risen thanks to these demands. Sources familiar with the matter at hand have stated, Digital Bridge Holdings LLC,… Read More ›
Month: January 2017
Soaring demand for cloud computing services drive Microsoft’s revenues to new heights
With the software market moving away from its traditional business model and onto cloud computing and mobile applications, Microsoft under Satya Nadella is reporting strong steady growth, but has miles to go before it can catch up with Amazon’s Web… Read More ›
Tesla’s former head of its Autopilot system caught poaching engineers from Tesla
Sterling Anderson former head of Tesla’s Autopilot system, and Chris Urmson, ex-head of Google’s self-driving program, have launched a startup in Silicon Valley by the name of Aurora Innovation. Tesla has sued the former head of its Autopilot system, which… Read More ›
As E-Books Falter, Ink and Paper is the Bet for German Media Giant
‘No’ is the answer to the question of whether paper books – those things printed in ink on paper, been killed by the advent of e-readers such as the Amazon Kindle. And if Thomas Rabe is to be believed, the… Read More ›
Over $1 Billion a Year to be Continued to be Spent on Cyber Security by Microsoft
Over $1 billion annually on cyber security research and development in the coming years would continue to be invested by the U.S. software firm Microsoft Corp. Bharat Shah, Microsoft vice president of security, said on the sidelines of the firm’s… Read More ›
$30 million to be Invested in Blockchain Provider BitFury Group by HK Fintech Company Credit China Fintech
With the aim of focus on promoting the blockchain technology in China, Hong Kong-listed fintech company Credit China Fintech Holdings and Blockchain infrastructure provider BitFury Group set up a joint venture. The annoucementof te benture was made on Thursday. $30… Read More ›
Police Warning to Hong Kong’s Shoppers after Sixfold Surge in Seizures of Bogus HK$100 Banknotes
The Singapore police force has warned the public to watch out for fakes in the run-up to Lunar New Year after a sixfold surge in seizures of bogus HK$100 banknotes was recorded last year, according to police figures. Police said… Read More ›
UK’s car industry reels under Brexit heat
A clean break with EU’s single market will leave the UK’s car industry high and dry. It is no wonder that car manufacturing companies in the country have lobbied hard against Brexit. Brexit has not only put London’s financial credentials… Read More ›
Harvard Management Co to outsource most endowment management
Harvard Management Co oversees the United States’ largest endowment. The Wall Street Journal has reported citing sources familiar with the matter at hand that Harvard University’s investment arm is likely to outsource the management of its $35.7 billion endowment and… Read More ›
Exxon names Susan Avery to its board of directors
An environmentalist, Susan Avera is the former head of the Woods Hole Oceanographic Institution who is also a former professor at the University of Colorado, Boulder. In a significant development that potentially bodes well for the environment, the world’s largest… Read More ›