Tag Archives: billion

Facebook Messenger Reaches 1.2 Billion Users Reports Good Adoption of New Initiatives

One of the more interesting elements of the recent rollout of Facebook Stories was the backlash, the pervading sentiment that Stories won’t – and doesn’t – work on Facebook. The basis for that perspective, in general, seems to be ‘none of my friends are using it, so no one is’. So it’s a failure. Put a fork in it, it’s done. ... Read More »

How does China respond to US chip threats? With a $30 billion factory

For China, actions speak louder than words, especially in the escalating chip battle with the U.S., which has been hurling out verbal threats in recent months. The Chinese chip infrastructure is getting a serious boost from Tsinghua Unigroup, which is investing US$30 billion in a new foundry to make chips. The state-owned Tsinghua Holdings is a majority shareholder in Tsinghua ... Read More »

AIDS virus almost half a billion years old: Scientists

IANS | Jan 10, 2017, 05.34 PM IST AIDS virus almost half a billion years old: Scientists Retroviruses, the family of viruses that includes HIV, are almost half a billion years old – several hundred million years older than previously thought, claim scientists from Oxford University. New research suggests that retroviruses have ancient marine origins, having been with their animal ... Read More »

Samsung estimates $3 billion loss over the next two quarters

There is no doubt that Samsung is sure to lose boatloads of money over the Samsung Galaxy Note7. Today, the company announced that it expects 3.5 trillion won (around $3 billion) to negatively impact the operating profit through Q4 and Q1 of 2017. That’s after Samsung’s re-allocation of the expected cost expense of the discontinuation of the Note7 to its ... Read More »

take a look at out the $one hundred billion hedge fund, and the challengers to the throne

inside the hedge fund global, the wealthy are becoming richer — but just barely. At a time when the $three trillion industry as an entire is suffering to keep assets, the arena‘s largestfund just handed the $100-billion mark. Ray Dalio’s Bridgewater friends leads the manner, consistent withthe contemporary scores from Institutional Investor’s Alpha. however the information is far from all ... Read More »

Warren Buffett’s new oil bet nears $1 billion

After three more days of buying, Warren Buffett’s Phillips 66 shopping spree is nearing a billion dollars for the year. In a new filing, Buffett’s Berkshire Hathaway reveals that on Monday, Tuesday and Wednesday of this week the company purchased another 1.7 million shares of the energy giant for almost $132 million. Over 15 days of buying since Jan. 4, ... Read More »

‘Big bets’ cost Google parent Alphabet $3.6 billion in losses last year

Alphabet, the parent company of Google, racked up $3.6 billion in losses last year through investments in “big bets” such as self-driving cars and Internet balloons. The company was known to be spending heavily on these items but revealed actual figures for the first time Monday when it broke out results separately for its core Google business and for big-bet ... Read More »