As Satya Nadella comes up with a new mission statement for Microsoft, it’s worth remembering that it’s his second such email encompassing his vision for the company. He had sent a similar letter last year too.
Mr. Nadella has certainly brought some major changes to Microsoft over the past one year including streamlining the company’s payrolls — lot of job losses following Microsoft’s acquisition Read more […]
If anyone can pose a challenge to Tesla in the mass market automobiles arena, it’s General Motors. Even the post-bankruptcy GM is a huge company that easily dwarfs Tesla Motors.
And GM is not sitting still as the electric vehicle (EV) challenge grows … or at least looms on the horizon.
Before Tesla can bring its mass-market Model 3 to the market sometime in 2017 or 2018, GM is readying its Read more […]
Microsoft continues to reorient itself as it seeks to become a “mobile first, cloud first” company. In the latest move, the company is exiting the display advertising business and leaving that to pros like AOL which has a strong presence in the arena.
And Microsoft will be powering AOL search as per a new partnership announced today.
The partnership spans 10 years and will “enable AOL users to Read more […]
Could Amazon split into two parts? Jeff Bezos has built a behemoth that has a finger in every pie and wants to keep growing and growing into ever more spheres of activity but investors may grow weary at some point as the company refuses to show a profit but instead prefers to plow all its profits back into the business.
Splits have been fashionable recently — HP splitting into two and eBay splitting Read more […]
As Netflix plans an international expansion spree, it’s worth asking if investors are being too optimistic about its future growth prospects — presumably, the current high valuation of the Netflix stock is predicated on future earnings growth.
But it seems Netflix’s current market capitalization of $40 billion is already quite close to a reasonable limit in terms of sales multiples or next year’s Read more […]
Carl Icahn took to Twitter this morning to announce that his company had sold the remainder of its stocks in Netflix.
The billionaire activist investor believes Apple now offers the same opportunity that Netflix offered “several years ago.”
Mr. Icahn’s Icahn Enterprises owned about 1.4 million Netflix shares according to Securities Read more […]