IBM closes $34 bln deal to buy Red Hat to boost cloud business — Financial Post

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc, as it looks to ramp up its cloud computing business. Read More via IBM closes $34 bln deal to buy Red Hat to boost cloud business — Financial Post

Samsung, Stung by Trade War, Expects a Big Plunge in Profits — The Indian Perspective

The technology giant predicted a 56 percent drop in quarterly operating profit, as the trade war between the United States and China caused havoc in the computer chip and smartphone markets. from NYT > Technology https://ift.tt/2FS7G2Y via Samsung, Stung by Trade War, Expects a Big Plunge in Profits — The Indian Perspective

Spotify goes public, not through an IPO — Escp Europe Finance Society

Spotify will go public before the end of the first half of 2018 and has already filed confidentially with U.S. regulators for an initial public offering. Morgan Stanley, Goldman Sachs and Allen & Co to advise on the listing, acting as commission brokers that will only help selling the shares. Spotify, the privately held Swedish […]Continue reading “Spotify goes public, not through an IPO — Escp Europe Finance Society”

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