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- German software giant SAP reported a bottom line undermined by heavy restructuring costs, but lifted forecasts for the year ahead. A strengthening dollar, global inflation, and supply chain issues related to Covid lockdowns in China have been major headwinds for many tech companies. But SAP CEO Christian Klein says the European software giant is an exception. Other large tech companies, including Salesforce, Microsoft and IBM have said the strong dollar will hurt profits in the near term. But, SAP is on a path to success in ERP cloud and they control their own destiny."
That means Amazon Web Services, Microsoft Azure, and Google Cloud could be poised for a merger-and-acquisition spree. As for cloud acquisitions, analysts said Amazon's cloud unit didn't often buy companies. Cybersecurity has been a greater focus for Microsoft, AWS, and Google Cloud after the hack of the IT-software company SolarWinds in 2020. In 2019, Google purchased the data-analytics company Looker for $2.6 billion in cash under Google Cloud CEO Thomas Kurian. With Kurian at the helm, bringing with him the Oracle acquisition playbook, Google Cloud may now have a bigger M&A appetite.
That's the point: A lot of bad news is already priced into Microsoft. Same with Alphabet, also an EPS and revenue miss, with the slowest revenue growth in two years. Collectively, those stocks comprise more than 30% of the market cap of the S & P, and yet the S & P is only down 17%. How is it possible the S & P 500 is down only 17% when 7 of the biggest stocks are down 31%? Of course, just because tech has been in a bear market doesn't mean it can't go deeper in a hole.
Musk’s move continues a tradition of billionaires' buying control of influential media platforms, including Jeff Bezos’ 2013 acquisition of the Washington Post. [1/2] Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Musk, who is worth $268 billion according to Forbes, has said he is not primarily concerned with the economics of Twitter. The White House declined on Monday to comment on Musk's deal, but said President Joe Biden has long been concerned about the power of social media platforms. "The president has long talked about his concerns about the power of social media platforms, including Twitter and others, to spread misinformation."
On July 5, Andy Jassy officially became Amazon CEO, succeeding Jeff Bezos, who steps into the position of executive chairman. When Amazon Web Services CEO Andy Jassy has a big decision to make, it usually comes at the Chop. "If you go to a Chop meeting with Andy, you better be ready," one former senior-level employee told Insider. Though he's one of the longest-serving executives at Amazon and a close confidant of CEO Jeff Bezos, Jassy still remains relatively little-known outside tech circles. Early on in the pandemic, Jassy told AWS employees that "the world is relying on Amazon," according to an email seen by Insider.
Persons: Andy Jassy, Jeff Bezos, Jassy, Andy, , Dan Ives, Bezos, It's, Jassy's, Steve Ballmer, Satya Nadella, Travis Kalanick, he's, Dave Matthews, Rothschild, Scott Chancellor, who's, let's, Jeff, Taimur Rashid, AWS's, Rashid, it's, Tim Bray, Bray, Marc Benioff, Salesforce, Chancellor, MARK RALSTON, He's, Trump, Donald Trump's, Jeff Wilke, it'll, didn't, Ashley Stewart, Eugene Kim Organizations: Amazon, Amazon Web, Seattle, Charterhouse, Wedbush Securities, Services, AWS, they're, Harvard, New York Times, Redis Labs, Amazon ., Getty, Lawmakers, Defense Department, Microsoft, Black, Google, Netflix, Black Employee Network, African, Lambda, Web Services Locations: Parma, Jassy, manila, Bezos, AFP, DynamoDB
Sursa foto: ProfimediaTensiuni la summitul G7 între liderii UE şi Boris Johnson, din cauza crizei nord-irlandezeLiderii Uniunii Europene au insistat, sâmbătă, la summitul G7, ca Marea Britanie să implementeze în totalitate Protocolul nord-irlandez al Acordului Brexit, iar premierul britanic, Boris Johnson, susţine că Bruxellesul nu înţelege situaţia din Irlanda de Nord. "Aceasta nu este o problemă între Marea Britanie şi Franţa, este o problemă între europeni şi Marea Britanie", a atras atenţia preşedintele Franţei. Uniunea Europeană a avertizat că va reacţiona "ferm" dacă Marea Britanie nu va aplica în totalitate Protocolul Acordului Brexit în provincia Irlanda de Nord. Retragerea Marii Britanii din UE a generat o stare generală de nemulţumire şi violenţe în provincia britanică Irlanda de Nord. La summitul G7, care se derulează în localitatea britanică St Ives (Cornwall), participă liderii din Statele Unite, Canada, Franţa, Germania, Italia, Japonia şi Marea Britanie.
Persons: Boris Johnson, Emmanuel Macron, Britanii, Arlene Foster, britanică St Ives, Charles Michel, Ursula von Organizations: UE, Uniunii Europene, Europeană, Uniunea Europeană, Consiliului Locations: irlandez, susţine, Irlanda de Nord, Britanie, Franţa, britanică Irlanda de Nord, Britanii, Brexit, britanică St, Cornwall, Statele Unite, Canada, Germania, Italia, Japonia, Ursula von der
Bărbatul a reușit să păcălească cel puțin o bătrână de 92 de ani. Aceasta a povestit poliției că a plătit 160 de lire pentru ca bărbatul să o vaccineze împotriva coronavirusului. Totuși, potrivit oamenilor legii, femeia nu a prezentat deocamdată efecte adverse grave și se află sub monitorizare. Individul nu a fost încă găsit. Este crucial să îl prindem cât mai repede, deoarece nu doar fraudează oameni, ci le și pune în pericol sănătatea.”, a declarat Kevin Ives, detectivul responsabil de caz.
Persons: ., Kevin Ives
Etsy is the perfect platform for sellers looking to attract customers to their shops. Insider asked several key members of the Etsy community to share everything you need to know to run a successful Etsy shop. While she still manages her own virtual storefront, today she's an Etsy employee, serving as a community education specialist for the platform. 1 tip to set yourself up for success is learning how to optimize your shop and product listings for the platform's internal search engine. Scale shot: This shot is meant to properly convey size, dimensions, and the proportions of your product.
Persons: Etsy, Sellers, , Isabella Diaz, Diaz, it's, there's, Jill Foreman, Jill Makes, Mother's, Lindsey Delacerda, Jahje Ives, Baby Jives, what's, Ives, Jasmine Balgobin Ives, Foreman, Jives, Cayla Carapezza Diaz, Yvonne Leung, Leung, She's, Jill, Jill Foreman Foreman, Toms, Leung's Organizations: Service Locations: Lafayette , Louisiana, California
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