LinkedIn gets lucky
Several readers have asked for my take on Microsoft’s purchase last week of LinkedIn for $26.2 billion -- a figure some think is too high and others think is a steal. I think there is generally more here than meets the eye. Microsoft definitely needed more presence in social media if it wants to be seen as a legit competitor to Google and Facebook. Yammer wasn’t big enough. LinkedIn fits Redmond’s business orientation and was big enough to show that Satya Nadella isn’t afraid to open up the B..>> view originalNASA's Experimental Electric Airplane designated X-57, nicknamed Maxwell
June 20, 2016 | Written by J.D. Harrington NASA Headquarters Washington, D.C. – With 14 electric motors turning propellers and all of them integrated into a uniquely-designed wing, NASA will test new propulsion technology using an experimental airplane now designated the X-57 and nicknamed “Maxwell.” NASA Administrator Charles Bolden highlighted the agency’s first X-plane designation in a decade during his keynote speech Friday in Washington at the American Institute of Aeronautics and ..>> view originalAuto workers stay on the job to meet SUV, truck demand
General Motors is among the makers that is reducing the usual summer shutdown period to boost pickup and SUV production. This is the plant in Wentzville, Mo.(Photo: Melissa Vaeth, General Motors)DETROIT -- Tens of thousands of U.S. autoworkers will be staying on the job next month, instead of having the usual summer shutdown, as demand for pickups, large SUVs and crossovers shows little sign of abating."We are working straight through the month of July and currently we have five Saturdays schedu..>> view originalPaul Allen's space company nears debut of world's biggest plane
MOJAVE, Calif. A space launch company bankrolled by Microsoft Corp co-founder Paul Allen intends to compete with space entrepreneurs and industry stalwarts by launching satellites into orbit from the world’s biggest airplane.Stratolaunch Systems, a unit of Allen’s privately owned Vulcan Aerospace, last week gave a small group of reporters a first look at the nearly finished aircraft.With a wingspan of 385 feet (117 m), the six-engine plane will be larger than Howard Hughes’ 1947 H-4 Hercules, ..>> view originalMarkets fall after RBI Rajan's surprise move to quit in September
NEW DELHI/MUMBAI India's rupee fell to a near one-month low and bonds weakened on Monday after central bank governor Raghuram Rajan, whose reforms have been credited for much of the economy's success in recent years, announced he would quit when his term ends in September. While the currency partially recovered losses, investors warn Rajan's replacement, who is yet to be named, will need to be seen as credible and somebody who can defend the central bank's autonomy at a critical juncture in..>> view originalSterling rallies as polls favor Britain remaining in EU, yen slips
LONDON Sterling rallied on Monday after opinion polls swung in favor of the campaign for Britain to stay in the European Union, boosting risk sentiment and sending the safe-haven yen tumbling.The implied probability of a "Remain" vote in Thursday's referendum rose to 72 percent after falling as low as 60 percent last Thursday, according to odds from gambling website Betfair.Sterling rose 1.7 percent to $1.4604 GBP=D4. It earlier reached $1.4625, its highest in three weeks, as it extended a rec..>> view originalSolar Plane Nears Goal of Circling Globe as Atlantic Leg Begins
A solar plane took a further step toward circling the globe as Swiss pilot Bertrand Piccard began a trip across the Atlantic Ocean that’s expected to take about four days.Piccard, the 58-year-old adventurer who made the first trip in a hot-air balloon around the globe, took off at about 2:30 a.m. from New York’s John F. Kennedy International Airport, heading for Seville. Prince Albert gave the final go-ahead from the project’s control center, which is located in Monaco. “It’s the moment to go,”..>> view originalA Final Checklist for Costco's June 20 Credit Card Switch
In some Costco (NASDAQ:COST) stores across the US there is little indication that on June 20 the company undergoes a major change. Costco is dropping its American Express (NYSE:AXP) loyalty credit card in favor of a new one from Visa (NYSE:V). The only sign of the change in my local Costco is an information kiosk with signage that generically refers to credit cards, otherwise there is very little in-store to indicate that anything is happening. Perhaps that's because in the period leading up th..>> view originalSerbian Tycoon Gets 5 Years in Prison for Tax Evasion
BELGRADE, Serbia — A Serbian court has sentenced one of the richest businessmen in the Balkans to five years in prison for tax evasion in a trial that the government sees as a major effort to curb corruption.Miroslav Miskovic was once among the most influential people in Serbia with close political ties. He was found guilty Monday for helping his son Marko evade paying some 3 million euros (3.4 million) in taxes linked to his road construction business.Marko Miskovic has already been sentenc..>> view originalHong Kong Petitions China on Crime Cases Amid Bookseller Claims
Hong Kong will review its system of criminal notifications with China after authorities in Beijing took months to provide information about the detention of a Hong Kong citizen despite repeated requests from the city’s police.Lam Wing-kee, one of five Hong Kong booksellers held in China, last week returned to the city and detailed his months-long detention on the mainland, reigniting a case that had drawn international criticism about Beijing’s encroachment on Hong Kong’s autonomy.“Today we wil..>> view original
Monday, June 20, 2016
LinkedIn gets lucky and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment