billion

$27.8 billion, revenues up 24%

Google parent Alphabet announced third-quarter results. Both revenues and earnings per share beat Wall Street estimates. The company reported roughly $27.8 billion in total revenues (up 24 percent), with Google contributing all but $302 million of that amount. Earnings per share were $9.57, which was about $1.24 higher than expected. Advertising generated just over $24 billion […]

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Cisco Ventures Into the Cloud, Acquires Broadsoft for $1.9 Billion

Cisco has just signed a check worth $1.9 billion for Broadsoft, a clear sign that the company is set on moving away from switches and routers and expanding its product portfolio. Cisco, the world’s biggest producer of networking gear, announced on Monday that it offered Broadsoft $55 per share, a 28% premium over its closing

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Famed Designer James Dyson Is Spending Nearly $3 Billion to Launch an Electric Car by 2020

On Tuesday, the designer James Dyson said his company would spend nearly $3 billion to introduce an all-electric car by 2020. The British billionaire is well known for revolutionizing the vacuum cleaner, not to mention hand dryers in restrooms. By jumping into electric cars, Dyson has forged a de facto alliance with Tesla CEO Elon Musk.

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Report: Airlines Made Over $7.1 Billion in Checked Baggage and Changed Reservation Fees in 2016

Travelers who check at least one bag when flying domestically are paying more overall than they did before airlines began unbundling fares in 2008 and charging separately for checked baggage, a government watchdog said Wednesday. A report by the Government Accountability Office said airline officials told GAO investigators that base air fares are now lower

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Google to appeal $2.7 billion EU fine

According to The Telegraph, Google is planning to file an appeal against the roughly $2.7 billion (€2.4 billion) antitrust fine imposed by the European Commission in June for abuse of market position in shopping search. The fine was the largest in EU history; the previous record fine was $1.3 billion against Intel. Last week, Intel won

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Technion’s Brainpower Yields $7.5 Billion in Stock Market Value

Israel’s startup scene – which boasts of the world’s largest number of NASDAQ-listed companies per capita, is headquartered around Tel Aviv. As we explored in Chapter One, the Tel Aviv area is the host of pillar companies such as Check Point Software which spawned many other publicly-traded companies – creating the flywheel effect mentioned above.

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Could Apple Go Wrong With Its Billion Dollar Content Investment?

PNR: This Old Marketing with Joe Pulizzi and Robert Rose can be found on both iTunes and Stitcher. If you enjoy our show, we would love it if you would rate it or post a review on iTunes. In this week’s episode Robert muses on inventing our own traditions. In the news, we cover Apple’s $1

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Google Could be Paying Apple up to $3 Billion to Remain Safari’s Default Search Engine

‘); $(‘#scheader .sc-logo’).append(‘ ‘); $(‘#scheader’).append(”); $(‘#scheader .scdetails’).append(‘ ‘+cat_head_params.sponsor+’ ‘); $(‘#scheader .scdetails’).append(cat_head_params.sponsor_text); $(‘#scheader’).append(‘ ADVERTISEMENT ‘); } }); }); There may be no two companies in the tech world who compete as fiercely as Google and Apple – though recent reports show they share a unique, symbiotic relationship. Google is paying a considerable sum of money every

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