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Many companies that have shifted enterprise-technology tools into the cloud in recent years, in part as a cost-saving measure, say those investments have yet to pay off. Rather than run software and systems in their own hardware, commercial cloud users tap computing capabilities from providers such as Amazon.com Inc. and Microsoft Corp. They are also turning to multiple cloud providers, rather than relying on one cloud, for different systems and applications for different business areas. “Many first movers expected significant IT cost efficiency from their cloud investments,” said Barry Brunsman, a principal in KPMG’s CIO Advisory group. “You really do need to not just take it for granted that cloud is where you should head,” she said.

☆ Designers say Figma gave them 'superpowers.' With Adobe's $20 billion takeover, some think the beloved startup is as good as dead.
▼ + stars: | 2022-09-27 | by ( Paayal Zaveri | Jessica Xing | ) www.businessinsider.com time to read: +9 min

When Adobe announced its $20 billion bid for Figma, the design community was immediately concerned. When Adobe announced it was acquiring the design startup Figma for $20 billion, designers were quick to express their discontent over the blockbuster deal. So when Adobe announced its intention to buy Figma, much of the design community was immediately concerned. Designers worry Figma will become less accessibleWhile Field's committment to keeping prices the same for now may reassure some, others are skeptical. And some designers Insider spoke to say the acquisition could even benefit companies that have been paying a hefty bill for both.

☆ Media companies will evolve as we find what the end of paid cable looks like, says Oppenheimer's Helfstein
▼ + stars: | 2022-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMedia companies will evolve as we find what the end of paid cable looks like, says Oppenheimer's HelfsteinOppenheimer analyst Jason Helfstein joins 'TechCheck' to discuss how Netflix will price its ad-tier service, if there will be a mega-bundle streaming service in the future and more.

☆ Porsche IPO: Volkswagen targets 75 billion euro valuation
▼ + stars: | 2022-09-18 | by ( ) edition.cnn.com time to read: +2 min

Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany’s second-largest initial public offering (IPO) in history. Volkswagen (VLKAF) will price preferred shares in the flotation of Porsche AG at 76.50 euros to 82.50 euros per share, the carmaker said, translating into a valuation of 70 billion to 75 billion euros. As part of the listing, 911 million Porsche AG shares will be divided into 455.5 million preferred shares and 455.5 million ordinary shares. Total proceeds from the sale will be 18.1 billion to 19.5 billion euros. A stock exchange prospectus is expected to be published on Monday, after which institutional and private investors can subscribe to Porsche shares.

Employees of German car manufacturer Porsche install the windshield of a Porsche 911 at the Porsche factory in Stuttgart-Zuffenhausen, Germany, February 19, 2019. Volkswagen will price preferred shares in the flotation of Porsche AG at 76.50 euros to 82.50 euros per share, the carmaker said, translating into a valuation of 70 billion to 75 billion euros. Up to 113,875,000 preferred shares, carrying no voting rights, will be placed with investors over the course of the IPO. Total proceeds from the sale will be 18.1 billion to 19.5 billion euros. A stock exchange prospectus is expected to be published on Monday, after which institutional and private investors can subscribe to Porsche shares.

With the launch of the new Chase Aeroplan credit card, there are now more ways than ever to earn Air Canada Aeroplan points. How to earn Aeroplan pointsUnder the new scheme, Aeroplan members can earn points (not miles) in a number of ways. Earn Aeroplan points with credit cards and points transfersThe new Aeroplan® Credit Card is the only US credit card that earns Aeroplan points directly. So if you transferred 60,000 Marriott Bonvoy® points, you'd end up with 20,000 Aeroplan points, plus a 5,000-point bonus for a total of 25,000 Aeroplan points. As far as we know, it will look like this:Basic fares: Earn 2x points per (Canadian) dollarStandard fares: Earn 3x points per (Canadian) dollarFlex/Comfort fares: Earn 3x points per (Canadian) dollarLatitude fares: Earn 3x points per (Canadian) dollarPremium economy fares: Earn 3x points per (Canadian) dollarBusiness fares: Earn 3x points per (Canadian) dollarEssentially, everything but basic economy fares will earn 3x per dollar.

You can redeem credit card points and miles for flights and hotels and save thousands on a Maldives vacation. Add to this the incredible blue lagoons, white-sand beaches, and plethora of options for using credit card rewards for travel, and the Maldives is possibly the best socially distanced vacation you'll find. How to use credit card rewards for flights to the MaldivesPrior to COVID-19, there were tons of options for getting to the Maldives using award miles. All of the Amex Hilton credit cards (Hilton Honors American Express Surpass® Card , Hilton Honors American Express Card, The Hilton Honors American Express Business Card, and Hilton Honors American Express Aspire Card) offer automatic Hilton elite status. Though it's not cheap, you can earn additional Hyatt points by opening The World Of Hyatt Credit Card or transferring points from Chase at a 1:1 ratio.

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