Tag Archives: Deal

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link

Bloomberg Brookfield Aims to Raise $100 Billion for New Flagship Funds (Bloomberg) — Brookfield Asset Management Inc. said it plans to raise $100 billion for its next round of flagship funds after it delivered first-quarter earnings buoyed by share sales and asset divestitures.The Toronto-based alternative asset manager sold $13 billion of assets during the quarter, resulting in $6.4 billion in profit for Brookfield and its clients, the company said Thursday. Brookfield’s share amounted to… Source link

The Google logo is seen on on the company’s European headquarters in Dublin, Ireland, February 27, 2021. REUTERS/Clodagh Kilcoyne Google (GOOGL.O) has won a deal to provide cloud services to Elon Musk’s SpaceX, which has launched a slew of Starlink satellites to provide high-speed internet, it said on Thursday. SpaceX will set up ground stations within Google’s data centers that connect to the Starlink satellites, enabling fast and secure internet services via Google Cloud, the search giant… Source link

Bloomberg Cameron Saw No Fraud, Knew About Gupta Risk: Greensill Update (Bloomberg) — Former British Prime Minister David Cameron denied being motivated by personal gain when he lobbied government ministers and Bank of England officials on behalf of collapsed lender Greensill Capital.Cameron faced lawmakers over his text and email lobbying efforts, which were aimed at convincing U.K. policy makers to include Greensill in a program of state-backed lending.The former premier is giving oral… Source link

May 13 (Reuters) – Google has won a deal to provide cloud services to Elon Musk’s SpaceX, which has launched a slew of Starlink satellites to provide high-speed internet, it said on Thursday. SpaceX will set up ground stations within Google’s data centers that connect to the Starlink satellites, enabling fast and secure internet services via Google Cloud, the search giant said. This service is expected to be available in the second half of 2021 for enterprise customers, the company said. The… Source link

Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google announced on Thursday its cloud unit has won a deal to supply computing and networking resources to SpaceX, Elon Musk’s privately held space-development company, to help deliver… Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

Google Cloud and CrowdStrike today said they extended their partnership beyond its primarily endpoint focus to now span customers’ hybrid cloud environments. Through a series of product integrations, the companies say that customers can now share telemetry and data between Google Cloud’s security products and CrowdStrike’s Falcon platform. This, they add, provides better visibility, workload protection, and defense-in-depth security across customers’ entire environments. It… Source link

The Red Hot Chili Peppers are said to be selling the rights to its song catalog, which include hits like “Californiacation” and “Scar Tissue,” for $140 million — in a deal that may have implications for the music industry. London-based music investment company Hipgnosis will acquire the catalog, Billboard reported this week. The agreement would add to the firm’s already impressive roster of A-list publishing deals, from Neil Young and Shakira to former Fleetwood Mac guitarist Lindsey… Source link

Facebook Share Twitter Share In a recent edition of the Republican business section  an article appeared concerning the decision by Verizon to divest it’s Yahoo and AOL holdings, “Verizon to see off media brands Yahoo, AOL,” May 4, page A8. The Board of Directors of Verizon approved a $3 million bonus to the current head of Yahoo to assure that he remain in place for six months. Think of the absurdity of that number which works out be about $3 thousand per hour for a 40 hour week during… Source link