Bill Gates is known as the co-founder of Microsoft and one of the richest people in the world. But he doesn’t have a reputation of the genius/billionaire who reads a lot of fiction (though he admits that loves reading). The book that has greatly impressed him is called “The Rosie Project” by Graeme Simsion, and Bill absolutely loves it. He says that it has it all – it makes readers laugh, cry, think, and the main character is so vivid that, in Gates’s thoughts, anyone can relate to. He...
Read More »Microsoft Announces Fastest Xbox Series X to Be Released by Holiday 2020
Microsoft has officially revealed a few details about the new next-generation Xbox model, the Xbox Series X. During the recent Game Awards, the company officially announced the name and the design for the console, with some information but not as much as gamers and analysts would have preferred.From pictures, gamers should expect the Xbox Series X design to look next to nothing like previous Xbox consoles. Regardless, Phil Spencer, the current executive vice-president of Gaming at Microsoft...
Read More »Dow Jones Jumps after U.S.-China Trade Deal Updates
The Dow Jones started jumping on Friday after the United States President Donald Trump signed off on the phase one trade deal with China presented to him by trade negotiators during a Thursday meeting at the White House.The agreement includes the delay of extra tariffs that would have been imposed on December 15 and reducing tariffs on $360 billion worth of Chinese imports by half. However, even though it is said that one of the main terms is for China to pledge to purchase large amounts of...
Read More »Saudi Aramco Reaches Prince’s $2 Trillion Valuation Target in the Second Day of Trading
Saudi oil giant Aramco has achieved the target valuation goal of $2 trillion in the second day of trading. Sources indicate that shares reached Crown Prince Mohammed Bin Salman’s target briefly humped by 10% to 38.7 riyals but it returned to previous levels of 37 riyals as the market opened. Pundits had long since been skeptical about the feasibility of the Saudi Aramco IPO before now. Sources further indicate that about 1.5% of the total value of the state-owned oil giant was listed earlier...
Read More »Saudi Aramco Soars in Debut to Reach $1.88 Trillion Market Value
The IPO of Saudi Aramco was probably one of the most hotly-anticipated companies’ initial public offerings this year. And it has really met the expectation of many (and even gone beyond).The shares of Aramco have surged after it. As a result, the valuation of this world-famous oil producer hit a record of $1.88 trillion. These figures have taken the stock market of Saudi Arabia to the position of the largest in the world.In early deals in Riyadh, the stock of the company increased to 35.2...
Read More »Google’s Parent Alphabet Appoints Chemistry Nobel Laureate to Its Board of Directors
Google’s parent company Alphabet, has announced that it has added Nobel laureate Frances Arnold to its board of directors. Arnold who received 2018’s Nobel Prize in Chemistry, is now the third woman on the tech giant’s board.In a tweet posted yesterday by Alphabet CEO Sundar Pichai, Arnold will be bringing her “incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more,” to the company.I’m thrilled to welcome @francesarnold to the...
Read More »To-Do App Wunderlist to Be Shutdown by Microsoft in 2020
After much foot-dragging, software giant Microsoft has finally decided to shut down its Wunderlist App come 2020. Sources indicate that Microsoft prefers its To Do as it offers a better end-user experience and be able to compete favorably with other personal organization apps that are currently in vogue and trending in app stores.Wunderlist app users will no longer be able to sync their to-do lists starting from May 6, 2020, but rather will be able to import their data into Microsoft’s To Do...
Read More »Amazon Allegedly Lost $10 Billion JEDI Contract Due to Trump Interference
According to the latest reports, Amazon alleges that it lost out on a $10 billion defense contract since one person hated the company: President Donald Trump. The ‘improper pressure’ and behind-the-scenes attacks by the president harmed the company’s chances of getting this contract. The Pentagon gave the controversial cloud computing contract to Microsoft in October. Amazon appealed the decision practically immediately.In a redacted complaint from a previously filed lawsuit, Amazon explained...
Read More »Market Sentiments Weighed on Ethereum: Microsoft News and China’s Crypto Inclination
Microsoft and the blockchain gaming company Enjin have launched a new tokenized rewards program that depends on Ethereum, Azure Heroes and is running the plan in few nations in Western Europe. The Seattle-based technology colossus has printed about 12,000 non-expendable “badger” tokens using the ERC-1155 Ethereum token standard, initially proposed by Enjin‘s co-founder Witek Radomski.Although Microsoft is related to some blockchain companies given the most recent statement, the company,...
Read More »Morgan Stanley Demotes Roku as Investors Abandon Momentum Stocks
American multinational investment bank and financial services company Morgan Stanley has changed its rating on stocks from Roku, the on-demand video streaming platform backed by Fox. Even though Roku has had an amazing year and climbed quite explosively in the stock market with 400% year-to-date YTD returns, Morgan Stanley dropped its Roku rating from equal weight to underweight.In a recent note to the company’s investors titled “It’s All Priced In”, Morgan Stanley analyst Benjamin Swinburne,...
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