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Tag: Buying

Buying GitHub takes Microsoft back to its roots

Buying GitHub takes Microsoft back to its roots

Finance
ALMOST to the day 17 years ago Steve Ballmer, then boss of Microsoft, the world’s biggest software firm, called Linux a “cancer”, meaning that the open-source operating system would spell the death of proprietary software. On June 4th, his successor, Satya Nadella, announced that the firm would take over GitHub, the main source of such tumours today, for $ 7.5bn. The deal is yet another sign of Microsoft’s startling recent metamorphosis.GitHub is no household name, but among programmers it is as important as Facebook—which explains the impressive price tag for a firm that earned only an estimated $ 200m of revenues last year. More than 28m developers globally keep their code on the website, which offers all kinds of tools and services. Most important of these ...
The Weird Reason Bodybuilders Are Buying Breast Milk From Nursing Moms

The Weird Reason Bodybuilders Are Buying Breast Milk From Nursing Moms

Health
There’s a growing market online for nursing mothers who want to sell their breast milk—and weightlifters looking to build muscle are among the buyers. Just this week, one mom who gave birth in August made the claim that she’s pocketed $ 6,000 by selling her milk to bodybuilders.The 24-year-old mom, Rafaela Lamprou, overproduces milk, according to the New York Post, so she sells the excess. It’s not clear why her body makes more milk than her infant son needs, but an oversupply can lead to uncomfortable side effects like breast engorgement and plugged ducts.RELATED: 10 Breastfeeding Myths and FactsLamprou said that she was initially giving away her excess milk to moms who had trouble breastfeeding. But then men started asking
WisdomTree shares pop on report of JP Morgan interest in buying an ETF firm

WisdomTree shares pop on report of JP Morgan interest in buying an ETF firm

Finance
Shares of WisdomTree Investments jumped more than 6 percent Friday after reports that JP Morgan Chase is shopping for an exchange-traded fund firm.The U.S. bank's asset-management unit is looking to up its presence in the growing $ 3 trillion-plus ETF market, Bloomberg reported, citing two people who asked not to be identified. The bank spoke with the U.S. businesses of ETF Securities, and had talks with Global X, which was recently bought by South Korea's Mirae Asset Management, according to the report.WisdomTree stock closed at $ 10.41 Friday following the report, and is up more than 18 percent year over year.J.P. Morgan, which launched its first ETF product in 2014, would be entering the market after strong inflows last summer. More than $ 23 billion of investor money entered the market...
3 Stocks the World's Best Investors Are Buying Right Now

3 Stocks the World's Best Investors Are Buying Right Now

Finance
There's a reason some investors have risen to the top of their field. Whatever their respective stock-picking criteria are, they stick to them, and their successful track records justify their positions as world-class investors.Three stocks some of the world's best investors are buying now are smartphone behemoth Apple (NASDAQ: AAPL) , pharma giant Gilead Sciences (NASDAQ: GILD) , and health-insurance mainstay UnitedHealth Group (NYSE: UNH) .Image source: Getty Images.More than just iPhonesTim Brugger (Apple): Warren Buffett shunned tech stocks for years, but to his credit, he's since opened both his mind and his checkbook to sound growth opportunities regardless of industry. Based on the 134 million shares now in his portfolio, Apple meets his investment...
Buying a home: How long does it take to save a deposit?

Buying a home: How long does it take to save a deposit?

Business
Potential first-time buyers must typically save for eight years to afford a deposit to buy a home, data suggests.A typical 20% deposit in London is now more than £80,000, according to the Nationwide Building Society.Elsewhere in the UK, the average deposit could be closer to £20,000, the lender said.The squeeze on wages and low interest rates makes it more difficult to raise the money than a decade ago.The Nationwide, which calculated that house prices rose by 2.6% in 2017, analysed its mortgage data for the cost of the typical first-time buyer's house purchase in each region, and from this derived how much a 20% deposit would be.The £80,000-plus cost in London is about £30,000 higher than a decade ago. In other regions, such as the Midlands and northern England, deposit requirements are s