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Microsoft misleads Apple – Business news

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Microsoft's big cloud cloud computing pays off as the company surpassed Apple as the most valuable enterprise in the world.

The software developer's prospects seemed gloomy just a few years ago, as Windows system licenses declined with a decline in personal computer sales.

But under executive director Satya Nadella, Microsoft has found stability by focusing on software and services over the Internet or the cloud, with long-term business deals.

In the 1990s, PC personnel now have a renaissance moment, as it closes Facebook, Google, Amazon and other tech fans from the end of the decade.

Apple was the most prosperous company in the world, having previously assumed the top of Exxon Mobil earlier this decade. Microsoft surpassed Apple briefly several times this week, but did not close at peak until Friday. Microsoft is not at the top of the boom in dot-com in 2000.

Microsoft has again become a big competitor, as Apple's shares fell drastically this month, while Microsoft did nothing worse than the rest of the stock market. But the fact that this has not been done badly reflects its constant focus on business users in recent years.

Microsoft lost its luster as people avoided personal computers in favor of smartphones. In 2013, PC sales fell 10 percent to about 315 million, the worst annual decline, according to research companies Gartner and IDC. It did not help in Microsoft's attempt to make personal computers more like mobile phones, Windows 8, was widely covered.

But the turn came when Redmond, Washington promoted Nadella as CEO in 2014. It was succeeded by Microsoft's long-time CEO, Steve Ballmer, who originally mocked the idea that people would be willing to pay 500 or more dollars for Apple's iPhone.

This bet has paid off. Windows is now a small part of Microsoft's business. While the company is still running consumer-focused businesses, such as Bing's search and Xbox games, it gives priority to business-oriented services, such as its office email line and other software for the workplace, as well as newer ones additions such as LinkedIn and Skype. But its biggest increase occurred in the cloud, especially the cloud platform that it calls Lazur. Cloud computing now accounts for more than a quarter of Microsoft's revenues, and Microsoft is appealing to Amazon as a leading provider of such services.

Wedbush analyst Dan Ives said that Azure is still in the early days, which means there is plenty of room for growth, especially given the large customer base for Office and other products.

"While the tech massacre was brutal last month, Microsoft's actions continue to be maintained as the" Gibraltar Rock, "he said.


November 30, 2018/11: 02h | Story:

Alberta took steps to ban employers from asking people to wear high heels at work.

Labor Minister Christina Gray says the province is changing its occupational safety code, which currently allows employers to be required for high heels.

"Our government has the back of every worker, and today we are looking for our feet," Gray said Friday.

Ontario and British Columbia banned compulsory high heels in 2017 and Manitoba did the same this year. Alberta's changes should take effect on January 1.

Gray said she heard from servers who said high heels cause pain and put them at risk of falling and falling.

Lisa Caputo, co-owner of Cibo Bistro in Edmonton, said her previous experiences in the restaurant include both heels of two inches.

"Working almost half of my industry career at work that required unsafe and unpleasant footwear, I left my legs in the shape of diamonds from the shoes I took from eight to ten hours," she said.

She did not have to wear heels for eight years, but still feels pain in her legs, she said.

"Working in an environment where it looks like clothes and you mess up on the service and the food, you lose your value as a woman," Capoto said. "You're quite an object, and that's what we felt."

Gray said that no one should be forced to wear any kind of footwear that could cause health or safety problems. She said the amendment would ban all employers in each sector to require workers to use footwear that could pose a risk.

"Women still have the choice to wear high heels, but they can not be forced to, especially in unsafe working environments," she said.

November 30, 2018 / 10:44 | Story:

BRP Inc. recorded record revenue of $ 1.39 billion in the third quarter, up 14 percent from last year and more than analysts, with demand for vehicles by Sea-Doos boosting sales.

Net income attributable to shareholders of the Quebec-based company, making Ski-Doo motor vehicles, recreational boats and off-road vehicles, is $ 90.3 million or 92 cents per share.

It was an increase of $ 70 million or 67 cents per share in the third quarter of last year, when revenues amounted to $ 1.23 billion.

The increase in revenues is mainly due to the increased trade in wholesale products over the years and the favorable variation in the exchange rate of USD 31 million.

BRP's adjusted earnings have dropped slightly to $ 102.9 million or $ 1.04 per share, but is far beyond the analyst of "Rexon Reuters", Eikon, estimated at 98 cents per share.

Chief Executive Officer Jose Boisoyli said Canadian Canadian company may note that sales during the year jumped to a mid-range of 20 per cent in a growing sector in one digit. Strong demand contributed to an increase in revenue for the year to $ 562 million, an increase of 21% in the largest product category.

Meanwhile, Sea-Doos drove the third quarter of the sales wave 30 percent higher than last year, Boizoli said at a conference with investors Friday.

BRP shares jumped by about 6% in the morning on the stock market in Toronto, rising to $ 46.77, while the company maintained its upper end of its lead – already grown twice in 2018.

GRP expects normalized earnings per diluted share for the year to increase by 30 to 35 percent compared to the previous year, compared to the previous growth forecast of 24 to 30 percent.

The company's acquisition this year of "AlumaCraft Boat Boat" and "Manito" pontoons helped to increase the company's marine products by 30 percent to 139 million dollars.

Aluminum fishing boats and pontoons – uncharted BRPs – make up more than half of the US ship's market, Boizoli said, as the company is marking its line for 700 million passengers in the world.


November 30, 2018/10: 39h | Story:

The purchase of Canadian mattresses with a $ 88.7 million acquisition in Canada, Andy will not mean that the two will be merged or that the brand will stop selling products from Andy's contenders in the box.

Sleep Country of Toronto announced on Friday that they will work separately and that Spi-Earth will not give up the sale of the Bloom-in-Box mattress that it launched in May 2017.

"Bloom does not go anywhere. We sell it from our stores and sell it online and we plan to keep doing it," said David Frisema, Chief Executive Officer of Sleep Country, on a call with analysts. "It's one of our fastest growing products that we once had in our history."

Frisema said the Sleeping Country is interested in buying Andy – built by two friends who met as high school students in Calgary and violated the mattress industry when they started their company in 2015 – due to the synergy between the two brands.

Although Andy and his rival Casper boosted the competitiveness of the sleep industry, he said Andy's purchase should not have been a "defensive move".

"We watched carefully and we talked for a while," Frisema said. "This is the right time to buy."

Directors say the two companies are interested in buying, as each will benefit from it. Andy will be able to use logistics for storage, storage and delivery, while Sleep Country will be able to use Endy's e-commerce technology and digital marketing power.

They said it was unlikely that Andy's products would land in sleeping stores, although they acknowledged that managers discussed this possibility, but decided to leave Andy's decision to be made in the future.

Their partnership comes at a crucial time for both brands. The sleeping country has long struggled with competitors in bed in the box and with the growth of e-commerce. She started an online offer for sales about a year ago and looks at how she can revive her brick and mortar facilities and increase sales of sleeping equipment.

Meanwhile, last year, Andy managed to announce $ 50 million revenue this year, although this was caused by competitors. Casper has an aggressive expansion in Canada and slowly opens retail stores – a feature that Andy still does not have to investigate.

Frisema said Andy will continue to assess whether he needs to jump into bricks and mortars.

Ryan Ruparel, co-founder and president of Andy, added that the company is currently focusing on increased traffic over the internet, as 100 percent of sales are made via e-commerce.

He also said the company with 38 employees is committed to staying "stronger and more efficiently as possible".

November 30, 2018 / 5:40 pm | Story:

The pace of economic growth in Canada slowed down in the third quarter, as spending on business investment declined and household consumption growth slowed down.

Statistics Canada says the Canadian economy grew at an annual pace of 2.0 percent in the quarter.

That in comparison with the annual pace of 2.9% in the second quarter.

The result coincided with the expectations of economists, according to Thomson Reuters Eikon.

The move came because non-residential investment in buildings and engineering structures fell by 1.3 percent, as spending in the oil and gas sector slowed down. Investments in machinery and equipment by enterprises fell by 2.5 percent.

Meanwhile, household consumption growth slowed to 0.3 percent in the quarter, compared with 0.6 percent in the second quarter.

November 30, 2018 / 05:37 | Story:

Keep your friends close … and your close friends closer?

Instagram adds a feature for easier sharing of photos and videos with fewer people.

Invited close friends, the new feature allows users to share Stories – photos and videos that disappear after 24 hours – with people putting them on a separate list. The idea is that people feel more comfortable sharing some things with only close friends, instead of all followers.

Regular posts will still appear for everyone, although users have the option to prefer their followers. Facebook already allows people to reduce the audience for individual posts, but Instagram owned by Facebook will not.

Social media companies quickly learn that the larger audience size for users may mean unwillingness to share more personal things. So, they add ways to communicate with smaller groups. This is why Facebook strengthens the functionality of its groups and why messaging applications are so popular.

November 30, 2018 / 05:27 | Story:

Information about 500 million people staying at Starwood hotels has been compromised and Mariotte says an unauthorized approach has been discovered that occurs within the Starwood Network of 2014.

The company announced on Friday that credit card numbers and expiration dates of some guests may have been taken. For approximately 327 million people, the information displayed includes some combination of name, postal address, phone number, email address, passport number, Starwood Preferred Guest account information, date of birth, gender, arrival and departure, date of booking and preferences for communication. For some guests, the information was limited to the name and sometimes other data, such as a mailing address, an email address or other information.

Mariot said there had been a violation of his database in September, where guest information relates to Starwood's booking on or before September 10th.

29 November 2018 / 16:55 | Story:

Lyft completed the acquisition of Motivate, the country's largest bicycle distribution company.

The deal is part of the San Francisco-based driving company that offers a range of transport options within an application and reduces individual vehicle ownership. The financial details were not disclosed.

Motivation works with bicycle sharing systems in New York, Washington, DC, San Francisco and elsewhere. Last year, 80 percent of US cycling cars were on Motivational bikes.

Caroline Sampanaro, head of the bicycle, scooter and pedestrian policy for LIFT, says the company plans to invest $ 100 million in New York to spend its 40,000-tonne bicycle fleet and double the double-impression of the system.

Rival desire bought the bicycle transfer company earlier this year. Uber also invested in a bike and scooter company.

29 November 2018 / 10:33 o'clock | Story:

The MoneySense personal finance website was sold by Rogers Communications Inc. at Ratehub Inc., for an undiscovered amount.

Ratehub is a Toronto-based company that has a website for comparison on financial products.

Its receives most of its revenue from fees paid by companies once the readers click to learn more about a particular product.

MoneySense was once a magazine for printing with an online presence. Since 2016 it continues exclusively as a digital publication that attracts about 700,000 unique visitors per month.

Rogers Media President Rick Brace said in a statement that it is important to find a "good home" for MoneySense.

Ratehub and MoneySense worked together to present a credit card comparison tool for Canadians.

"We see this acquisition as an even further expansion of our partnership and bring Canadians more tools for comparison in areas such as mortgages, investment and savings vehicles and insurance products," said James Laard, co-founder of Ratehub Inc. and president of CanWise Financial.

November 29, 2018/10: 19 pm | Story:

Canada says it is on track to sign a new free trade agreement in North America on the sidelines of the G20 summit in Argentina, but Foreign Minister Christian Freeland will not give a strong confirmation Thursday.

Freeland, speaking at a sunny yard at a hotel in Buenos Aires, shortly after the Canadian delegation landed on Thursday, said the details must be finalized in a "massive" three-pronged agreement.

"Our goal has always been to sign this agreement on November 30th and we are on the right track to hit that target," Freeland said.

Canada is in contact with Americans and Mexicans after arriving in Buenos Aires, she added.

"A number of technical details need to be cleaned and wrapped," she said. "The fact that this is a three-language agreement contributes to the level of technical complexity and is at that level that we are just ensuring that all IPs are interrupted and all C crossed."

The minister is part of the Canadian delegation who attended the G-20 summit with a high share that was to begin on Friday and attracted global attention due to trade tensions between China and the United States.

The liberal government is also considering the issue of international security after Canada and its allies condemned the seizure of three Ukrainian naval vessels near Crimea on Monday.

Freeland said that he had spoken with the Ukrainian Foreign Minister and is in very close contact with other G7 countries on the issue.

She also said Ukraine is expected to be the topic of a "strong talk" at the NATO foreign ministers' summit in Brussels next week.

November 29, 2018/6: 30 pm | Story:

Another price increase is on track for Netflix Canada subscribers as the competition heats up among the largest video services.

The company behind "Narcosis" and "Orange is the new black" introduces the biggest price increase for new subscribers and current members.

Netflix's default plan now will cost $ 3 more – or $ 13.99 a month – to see content on two screens simultaneously.

The basic plan – which does not offer high-definition video and allows only one stream – increases one dollar to $ 9.99 per month.

Premium Plan subscribers pay another $ 3 – or $ 16.99 per month – for up to four simultaneous streams and 4K ultra high definition video.

Netflix says higher prices are effective immediately for new subscribers, while existing users will be notified by e-mail before increasing their accounts in the coming weeks.

The company recently raised prices for most plans for one dollar about a year and a half ago.

Netflix says the move will help fund upcoming TV series and movies, as well as overall improvements to the Netflix platform.

But the company also faces intense competition next year, as the number of streaming platforms on the Canadian market with attractive offerings is rising.

Earlier this month, "White Media" unveiled a higher level of its hot streaming service, which includes a selection of recent Hollywood movies and new HBO programs. The package, called Crave +, costs about $ 20 a month.

The following year, Disney jumped to the market with its own streaming platform. Disney + is expected to be stocked with films and original series as a prequel to "Star Wars: The Rogue" and Marvel's superhero show based on the character Loki from "Thor" and "Avengers".

Other platforms could make progress, including the new Criterion service that specializes in classic movies, as well as CBS All Access, which reinforces its library of original plays that include Tell Me A Story and Strange Angel, .

29 November 2018 / 05:34 o'clock | Story:

Consumers increased their spending in September at the fastest pace in seven months, while their incomes increased for the largest amount in nine months. Both are good signs of future economic growth.

The Commerce Department says consumer spending rose by 0.6 percent last month. It was the biggest increase from similar profits in March and was three times faster than 0.2 percent in September's performance. Revenues that provide fuel for spending rose 0.5 percent in October, a substantial pick-up of 0.2 percent in September profits.

A key indicator of consumer-related inflation inflation rose from 2 percent in October compared to a year ago, reaching an annual target for inflation set by the Federal Reserve of 2 percent.

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