BMW: Alphabet Is More Than A Name To Us

abc_bmw Google is now the largest subsidiary corporation of Alphabet, the newly established holding company that manages Google and all of the company’s side projects. But Alphabet’s website is abc.xyz because Alphabet.com is owned by Alphabet, a BMW-owned fleet management service. Even though only a few people had ever heard of BMW’s Alphabet before, the company clearly… Read More
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Vox Media Raises $200M From NBCUniversal

vox media NBCUniversal just announced that it has invested $200 million in Vox Media, which owns sites like Eater, SB Nation and the eponymous Vox.com, as well as tech news publications Re/code and The Verge. “Vox Media has a great portfolio of premium digital brands that deeply engage broad audiences,” NBCUniversal CEO Steve Burke said in the funding release. “Vox Media has strong… Read More
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Cisco Pops 2.5% After Reporting Better-Than-Expected FQ4 Revenue Of $12.84B

screen-shot-2015-05-13-at-1-18-50-pm After the bell, Cisco reported its fiscal fourth quarter financial performance, which beat market expectations. The company detailed revenue of $12.84 billion in its fiscal period, resulting in earnings per share of $0.59, using adjusted accounting techniques (non-GAAP). On a GAAP, or normal accounting basis, Cisco earned a slimmer $0.45 per share on net income of $2.3 billion during… Read More
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