Access to LinkedIn’s trove of data about companies and professionals is a primary driver of Microsoft’s $ 26.2 billion acquisition of LinkedIn, says our guest...
Tag Archives: billion
One billion hours on, and HGST still rules the roost for hard disk reliability
Cloud backup provider Backblaze has published the latest data it has accumulated about the reliability of the hard drives it uses. In the first quarter of the year, the company passed more than a billion hours of aggregate drive usage since it started tracking reliability in April 2013.
HGST's drives have long stood out...
Apple invests $1 billion in Chinese ride-hailing giant Didi; Uber CEO tweets about ‘#ridesharewars’
Apple is putting some major cash behind Uber’s fiercest rival in China.
The Cupertino, Calif.-based company is investing $ 1 billion in Didi,...
Alaska Air Group reportedly closes in on $2 billion purchase of Virgin America
Seattle-based Alaska Air Group is close to a $ 2 billion deal to purchase Virgin America, beating out a rival bid...
Foxconn agrees to acquire controlling interest in Sharp for $3.5 billion
On Wednesday morning, Bloomberg and Reuters reported that the struggling Japanese giant Sharp had sold a two-thirds stake to Foxconn, the world’s largest electronics contractor manufacturer, for 389 billion Japanese yen ($ 3.5 billion, £2.4 billion).
The offer is about $ 1 billion less than what Foxconn had been expected to...
Oracle will seek a staggering $9.3 billion in 2nd trial against Google
In a second go-round of its copyright lawsuit against Google, Oracle is hoping to land a knockout blow. A damages report filed last week in federal court reveals that the enterprise-software giant will ask for $ 9.3 billion in damages.
In its lawsuit, Oracle argues that Google infringed copyrights related to Java when it used 37 Java API packages to create its Android...
Kanye West drops new album, asks Mark Zuckerberg for $1 billion to bail him out of debt
Kanye West is apparently $ 53 million dollars in debt and wants help from Facebook CEO Mark Zuckerberg. The polarizing musician tweeted on Saturday that he was $ 53 million dollars in “personal debt.” Then on Sunday, he tweeted...
Cloud, Surface are the highlights of Microsoft’s $23.8 billion quarter
Microsoft posted revenue of $ 23.8 billion in the second quarter of its 2016 financial year, down 10 percent from the same quarter a year ago. Operating income was $ 6.0 billion, a 23 percent drop, and net income was $ 5.0 billion, a 15 percent fall. Earnings per share were $ 0.78, representing a 13 percent decline.
Just as it...
For defying no-call lists, Dish faces potential fines totaling $24 billion
Dish’s telemarketers allegedly failed to heed no-call lists, and the satellite-TV provider may be fined up to $ 24 billion, a sum larger than the company’s current market value. The US Department of Justice (DOJ) is seeking $ 900 million in...
In effort to reduce auto deaths, Obama pledges $4 billion for self-driving cars
President Obama devoted part of his final State of the Union address to “how we can make technology work for us.” On Thursday, the Obama administration took the statement in a new direction with a wide-sweeping plan...