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Top cloud providers in 2020: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players Cloud computing in 2020 is more mature, going multi-cloud, and likely to become more focused on vertical and a sales ground war as the leading vendors battle for market share. must read. What is cloud computing? Everything you need to know from public ...
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DealBook: How Amazon Keeps Defying Gravity Good morning. Weekend playlist: This new dance number by Elon Musk, if that's your thing. (Was this email forwarded to you? Sign up here.) Why is this man laughing? It's because Amazon reported another knockout quarter yesterday, sending its shares up ...
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Billionaire Lawrence Stroll shifts Aston Martin into the fast lane LONDON (Reuters) - Canadian billionaire Lawrence Stroll has agreed to buy up to 20% of Aston Martin and rename his Formula One team after the 107-year-old company famed for being fictional secret agent James Bond's car of choice. FILE PHOTO: A ...
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Skymind Global Ventures launches $800M fund and London office to back AI startups Skymind Global Ventures (SGV) appeared last year in Asia/US as a vehicle for the previous founders of a YC-backed open-source AI platform to invest in companies that used the platform. Today it announces the launch of an $800 million fund to back ...
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China virus causes scare for India's smartphone makers NEW DELHI (Reuters) - The coronavirus outbreak in China could start to disrupt India's production of smartphones if it continues to spread in February, as it could delay component shipments, industry executives said. FILE PHOTO: Three models of China's ...
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Hong Kong shares fall to near two-month low on coronavirus fears HONG KONG, Jan 31 (Reuters) - Hong Kong stocks erased morning session gains and ended lower on Friday, dragged down by healthcare and energy. However, bargain-hunting emerged in consumer stocks which were battered by a recent selloff amid ...
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What Facebook's $550M facial recognition settlement might mean for users Companies "are going to have to think about what their 'Illinois plan' is," says tech reporter Natasha Singer of the New York Times. About a decade ago, Facebook started automatically tagging people whose faces its algorithms recognized in our uploaded ...
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Blackstone Quarterly Profit Rises on Asset Sales, Fee Revenue (Reuters) - Blackstone Group Inc, the world's largest alternative asset manager, said on Thursday fourth-quarter distributable earnings rose 27% year-on-year, as strong growth in its real estate and hedge funds businesses offset declines in private equity and ...
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Retirees Should Know These 3 Facts About Required Minimum Distributions - January 30, 2020 If you do not make a required minimum distribution (RMD) from your own or an inherited IRA by the specified deadline, the IRS could hit you with a big penalty - 50%! For example, if you were required to withdraw a minimum of $4,000 and you did not, you ...
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Why your 2020 portfolio needs real estate cash flow: Ken McElroy Here are 5 reasons why investors should add income-earning real estate properties to their portfolio. Facebook; Twitter; Comments; Print; Email. By Ken McElroyFOXBusiness. close. SitusAMC managing director and former Fannie Mae executive Tim Rood ...
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PRECIOUS-Gold inches down as WHO eases virus fears, but set for monthly gain (Updates prices). * WHO opposes restrictions on travel or trade with China. * Virus fears ensures break below $1,560 in gold unlikely- analyst. * Palladium set to post best month since November 2016. * Platinum on track to decline 2.5% this week. By Sumita ...
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Fed keeps rates steady, but 'carefully monitoring' coronavirus and global risks The Federal Reserve on Wednesday held interest rates steady despite renewed pressure from President Donald Trump to make deeper cuts. Policymakers unanimously agreed to maintain rates hovering between 1.5% and 1.75% as they pointed to ...
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Lyft Stock Is An Intriguing Trade for Market Bulls Ahead of Earnings Lyft (NASDAQ:LYFT) stock remains one of the market's more divisive stocks. Bears see a ride-sharing model with no guarantee of profitability and increasing regulatory risk. Bulls point to impressive growth and a reasonable, if not cheap, price-to-sales ...
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UPDATE 1-French Connection drops plans to sell company as it focuses on turnaround (Adds details on turnaround, expected share movement). Jan 31 (Reuters) - French Connection Group Plc said on Friday it had dropped plans to sell the company after completing a review and will now focus on a turnaround by growing its wholesale ...
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M&C Saatchi says financial watchdog has now launched probe (Reuters) - M&C Saatchi Plc (SAA.L) said Britain's financial watchdog had started an investigation after the advertising agency revealed an accounting scandal last year, which led to profit warnings and the exit of co-founder Maurice Saatchi. The advertising ...
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Hargreaves Lansdown has new asset hit after Woodford ... * Assets up 3.3% in three months to end-December * Net new business 2.3 bln stg, lags some estimates * Shares down 5.3%, prop up FTSE 100 (Adds detail from statement, CEO quote, bullet points) By Simon Jessop LONDON, Jan 31 (Reuters) - A ...
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UPDATE 1-UK's SSE says renewable output behind plan but reaffirms earnings target (Updates with more detail). LONDON, Jan 31 (Reuters) - British energy supplier SSE Plc said its renewable energy output for the first nine months of the fiscal year was behind schedule, but maintained its earnings target for the year in a trading statement on ...
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Breach at Indian airline SpiceJet affects 1.2 million passengers SpiceJet, one of India's largest privately owned airlines, suffered a data breach involving the details of more than a million of its passengers, a security researcher told TechCrunch. The security researcher, who described their actions as "ethical hacking" but ...
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Facebook CFO Hints At WhatsApp Payments Expansion Beyond India Facebook recently released its quarterly earnings report for the period ending on Dec. 31. During the earnings call, the company touched on its plans for the WhatsApp payments service, which is being tested in India. Capital Analyst Alan Gould asked David ...
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Eli Lilly profit beat helps ease investor concerns over growth (Reuters) - Eli Lilly and Co (LLY.N) posted a higher-than-expected fourth-quarter profit on Thursday on strong demand for diabetes drug Trulicity and psoriasis treatment Taltz, helping ease investor concerns over the impact of fierce competition for its growth ...
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Tencent leads $15 mn Series A funding in education platform Doubtnut Bengaluru: Edtech startup Doubtnut has raised a fresh round of funding led by Chinese investor Tencent, existing investors Omidyar Network India, AET, Japan and Cure.Fit co-founder Ankit Nagori, along with Sequoia Capital India, the company said on ...
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Boots' 2020 sale 'chaos' as shoppers storm shops for 70% discounts Boots has finally launched its 70% off sale and shoppers have been queueing since the early hours to take advantage of the post-Christmas discounts. After weeks of waiting and rumours of when the final discount would commence, the retailer confirmed that ...
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Struggling recruiter Staffline warns on profit UK recruitment firm Staffline has warned its profit will be below its forecast as it deals with the costs of an ongoing accounting review. The board said in December that it expected a full year adjusted operating profit of approximately £10m to £12m. Read more: ...
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Star Alliance JV to boost Japan to Singapore air routes All Nippon Airways (ANA) and Singapore Airlines (SIA), have today inked a joint venture framework agreement aimed at greater passenger integration. Singapore Airlines A380 departing Sydney in January 2020 (Source: Rob Finlayson). They plan to deliver ...
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Deckers: Fiscal 3Q Earnings Snapshot GOLETA, Calif. (AP) _ Deckers Outdoor Corp. (DECK) on Thursday reported fiscal third-quarter net income of $201.6 million. The Goleta, California-based company said it had net income of $7.14 per share. The results exceeded Wall Street expectations.
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GAN 2019 trading exceeds expectations, seeks NASDAQ listing announced on Friday that it trading for the year ending 2019 will be ahead of expectations as a result of higher-than-expected demand for internet gambling. The developer and supplier of enterprise-level B2B Internet gambling software said it expects ...
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Economic Survey: BPCL disinvestment approval boosted shareholders value by Rs 33000 cr New Delhi: The recent approval of the strategic disinvestment in Bharat Petroleum Corporation Limited (BPCL) led to an increase in the value of shareholders' equity in the company by Rs 33,000 crore as compared to its peer Hindustan Petroleum (HPCL), ...
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JAL hit by China flight cancelations The coronavirus outbreak is dealing a blow to Japanese air carriers. Japan Airlines says it has been seeing a large number of cancellations of bookings for flights to and from China. It says about 25 percent of flight reservations for February were canceled.
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