CNBC’s Jim Cramer said Tuesday that Alphabet would go from a “buy to a strong buy” if the government’s antitrust lawsuit against its Google unit were to lead to a break up.
“I just think it’s another ‘loser case’ by the government. And by the way, the sum of the parts is worth far more than $1,500,” Cramer said on “Squawk Box.”
The “Mad Money” host said he believes the Department of Justice is likely to struggle to prove its case that Google abused its market power in its search and advertising business.
Cramer said Alphabet shareholders would be winners if the government were to force Google’s parent to split up.
“I’ve been saying over and over again, they ought to break this company up and bring out value. It’s the DOJ taking it from buy to strong buy,” he said. “Ultimately, Google, if they break it up, then you
NetApp on Tuesday announced updates to its flagship software ONTAP that the company said will enable more innovation in data centers and deliver cloud-like experiences in hybrid infrastructure environments. The company also introduced a more flexible NetApp Keystone Flex Subscription service and a new NetApp SolidFire Enterprise SDS solution.
The network data storage provider said the new offerings line up with NetApp’s overall business focus and reinforce the company’s intended growth in the cloud market. NetApp’s cloud data services business showed 192% growth at the close of the quarter last month.
As for the updates, NetApp said it has improved its ONTAP storage operating system with offer greater consolidation, deeper cloud integration, and continuous data availability. Updates to the Keystone Flex Subscription service include a new “pay-as-you-grow” subscription option that is meant to offer customers a cloud-like experience on premises.
Meanwhile, through the new NetApp SolidFire Enterprise SDS solution, NetApp
The pandemic has forced businesses worldwide to pivot online to survive, and many have turned to Shopify, a Canadian company that has emerged as a thriving alternative to Amazon.
Founded 15 years ago in Ottawa, Shopify allows businesses to create an e-commerce site in just a few clicks. Already growing with more than one million e-stores at the end of 2019, its user base has exploded.
“The retail world that would have existed in 2030 has really been pulled back into 2020,” Shopify president Harley Finkelstein said in an interview with AFP.
“It feels like Covid has permanently accelerated the growth of online commerce.”
Amid a lockdown of bricks and mortar stores, online commerce has boomed this year. Consumers have grown accustomed to buying over the internet, and industry giants, led by Amazon, have seen sales rocket.
Closed shops in Byward Market, Ottawa — Canadian company Shopify is challenging Amazon
HellfeedHellfeedHellfeed is your bimonthly resource for news on the current heading of the social media garbage barge.
It’s hard to believe that the 2020 election is just 18 days away, which may count for the inexorable sense of doom hanging over everything, or the sensation of that time is warping like the event horizon of a black hole. Before we’re smashed into an accretion disk, you might as well catch up on the present:
Twitter fucked up big time
This week, the New York Post published a factually inaccurate, hole-riddled article—cited to a stolen hard drive obtained by ambulatory wineskin Rudy Giuliani—supposedly offering evidence that Joe Biden colluded with his son, Hunter Biden, on corrupt deals in the Ukraine. Facebook, where the story was going viral, announced it would take steps to limit its further spread. Twitter went one
“Those who say it can’t be done need to get out of the way of those that are doing it.” Unknown
The entrepreneur of today’s world can be compared to the legendary Don Quixote – chasing windmills in search of great fortune.
The entrepreneurial journey I would like to share with you in this article might be a bit of a surprise. I find it remarkable yet I have barely seen it mentioned in the press over the years.
Imagine the following scenario. The year is 1983. You are a college freshman at The University of Texas in Austin, sitting in your dorm room playing around on your computer.
1983. Pre-Internet. Pre-computers-on-every-desk, in-every-room-of-the-house. These were the days of PONG, where very few people sat around playing with personal computers. (If you don’t know what PONG is, ask someone a lot older than you.)