Tag Archives: company

Linkedin has been acquired by?

Microsoft just acquired LinkedIn this past December for $26 billion. LinkedIn has more money, people, and technology behind it than ever. LinkedIn’s continuing to grow nicely. It had 433 million users at the end of Quarter 1 2016. That increased to 450 million in Quarter 2. And it sits at 463 million as of Quarter 3.


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Who made the most in Pandemic?

The “Make Billionaires Pay Act” would impose a one-time 60% tax on wealth gains made by billionaires between March 18, 2020, and Jan. 1, 2021. The funds would be used to pay for out-of-pocket health-care expenses for all Americans for a year. As of Aug. 5, the bill would tax $731 billion in wealth accumulated by 467 billionaires since March 18, according to a press release. If passed, the bill would tax billionaires on wealth accumulated through the end of the year, however.

Here’s how much some would pay under the bill due to wealth gains between March 18 and Aug. 5, according to a release accompanying the bill:

Telecom giant has overcome its threat: OS revealed

Image result for huawei OS

In Dongguan, China, at the Huawei Developers’ Conference, Huawei executives revealed the company’s plans for the future. Richard Yu, CEO of Huawei’s Business Group, quickly unveiled the new Huawei operating system, called Harmony OS (called Hongmeng in China but not overseas).

Harmony is not a mobile phone system to replace Android but rather is designed to work on devices from tablets to phones, smartwatches to cars and much else besides. And one other key thing: it’s open-source. This last fact gave rise to the biggest cheer in the basketball stadium Huawei had taken over for the event.

It means that Harmony can be adopted by third-party manufacturers who want to ensure their Internet of Things devices can talk to others.

While it’s been confirmed that current devices such as the Huawei P30 Pro will be able to receive the next version of Google’s phone operating system, Android Q, it’s not clear yet what will happen to future devices.

How much a day cost Amazon CEO?

You are worried about your failures and losses? You must be, despite the fact whats the cost of your failure? How much you did loss? Nothing to worry about because your total value is just 0.0001 % of the loss of Amazon in one day. That’s ridiculous and painful.

Plunging global markets lopped $US99 billion ($140 billion)  from the fortunes of the world’s 500 wealthiest people, the year’s second-steepest one-day drop for the Bloomberg Billionaires Index

PROBABLY THE BIGGEST BLOW EVER

Amazon.Com Inc. founder Jeff Bezos lost $US9.1 billion ($12.9 billion), the most of anyone on the index, as shares of the online retailer fell the most in more than two years. The plunge lowered Bezos’s net worth to $US145.2 billion, its lowest since July.

It was part of a horrific plunge on the Nasdaq index, which suffered its worst day in two years, the index finishing over 4 per cent lower.

Apple gave up 4.6 per cent to $US216.36 and Microsoft dropped 5.4 per cent to $US106.16. Amazon skidded 6.2 per cent to $US1,755.25 and Alphabet, Google’s parent company, gave up 4.6 per cent to $US1,092.16.

Amazon has soared 50 per cent this year but has fallen 14 per cent from its all-time high in early September.

Careem included Model S Tesla in its fleet operation in Dubai

Careem customers now have the option to book rides on electric vehicles in Dubai, the company has announced.

In a statement, Careem noted that its electric car fleet is made up turquoise-coloured Model S Tesla cars. Prices are in line with Careem business rates, with starting minimum fares of AED 60.

The new car types are in partnership with ION, a joint venture between the UAE-based Crescent Enterprises conglomerate and Bee’ah, an environmental management company.

Ride hailing app announces it now operates a fleet of Model S Tesla car

“Bringing customers the choice to book a more environmentally friendly option is something we feel very strongly about,” said Clemence Dutertre, the general manager of Careem in the UAE. “Careem electric also offers a top of the range, safe and fun car that works both as a luxury option whilst also being perfect for family and group outings.”

Dutertre added that he believes that “customers are going to get very excited about this new option on the app.”

In October 2017, Careem’s main competitor, Uber, announced the launch of UberOne, which allows users to hail rides from a fleet of Tesla electric vehicles.

Visa Master service resumed official apologises amid disruption across Uk and Europe

Visa says its service has returned to normal after millions of customers across Europe were left unable to pay for goods and services on Friday.

For around six hours, customers across Europe were affected by the disruption, with some supermarkets reportedly facing angry customers after shoppers were unable to pay for their shopping.

The firm has apologised for the technical failing, and ruled out any “malicious” activity as the cause.

In a statement Visa said: “The issue was the result of a hardware failure within one of our European systems and is not associated with any unauthorised access or cyberattack.

“Visa Europe’s payment system is now operating at full capacity, and Visa account holders can now use Visa for any of their purchases and at ATMs, as they normally would.”

Al Kelly, chief executive officer of Visa, said: “We apologise to all of our partners and Visa account holders for any inconvenience this may have caused.”

An estimated £1 of every £3 spent in the UK is on a Visa card.

Leanne Mascoll from London was among those affected by the disruption. She told The Independent: “I had to leave some shopping in Sainsbury’s because my card wouldn’t work.”

In their statement Visa didn’t clarify whether or not retailers will be compensated for potential loss in earnings.

While major retailers such as Marks & Spencer having confirmed they had been affected by the disruption, Transport for London didn’t report any problems with customers using contactless Visa cards to pay for their journeys.

Several business were forced to place temporary signs on their doors explaining to customers that they were unable to accept card payments due to the fault.