Enterprise

Everything you need to know about Apple’s blowout third quarter

tim cook Apple’s third quarter results came out today. They’re pretty good! Or, at least, not bad — and good enough to keep investors happy. Very happy, actually: the stock jumped more than 7%, recovering pretty much all of the value it lost when it reported a complete whiff of a second quarter. It’s no monster crash or jump like Twitter regularly experiences, but 7% is enough… Read More
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Apple beats earnings expectations by a mile, and its stock is soaring

tim cook Apple needed a breakout quarter after its last whiff, and boy did it get one. The company reported revenue of $42.4 billion and earnings of $1.42 per share. Analysts were expecting earnings of $1.38 per share on revenue of $42.09 billion. As a result the company added tens of billions of value back to its share price, which rose 5% in extended trading. (5% might not feel like a lot, but for… Read More
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OpenStack will soon be able to run in containers on top of Kubernetes

Aerial view of container terminal OpenStack, the open source project that allows enterprises to run an AWS-like cloud computing service in their own data centers, added support for containers over the course of its last few releases. Running OpenStack itself on top of containers is a different problem, though. Even though CoreOS has done some work on running OpenStack in containers thanks to its oddly named… Read More
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The giant’s fall

maxresdefault One of the saddest scenes in the Lord Of The Rings trilogy is watching the slow-moving Ents – the massive tree shepherds that took days to decide whether or not to react Sauron’s onslaught – are cut down by the wily Orcs. Only a few fall in the battle but when they do the giants of the forests that at first seemed so powerful are exposed to be easily vanquished. They won… Read More
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Verizon inks deal to acquire Yahoo for $4.83 bn

handshaking4US-based telecoms giant Verizon Communications Inc. has agreed to acquire Yahoo! Inc.’s operating business for about $4.83 billion in cash, the two companies announced on Monday. The sale does not include Marissa Mayer-led Yahoo’s cash, its shares in Alibaba Group Holdings, its shares in Yahoo Japan and certain other assets. To be updated… Like this […] [...]

Mobile marketing startup Skrilo gets $1.5 mn in seed funding

Manish Sinha, founder and CEO, SkriloGurgaon-based Skrilo India Pvt. Ltd, which operates a mobile marketing and rewards platform, has raised $1.5 million (Rs 10 crore) in seed funding from individual investors including Livspace co-founder Anuj Srivastava and AT Capital Group founder Arvind Tiku. The company will use the funds mainly for marketing its reward programme and building its product pipeline, […] [...]