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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 ...

Dow Stands Alone as Tech Takes a Break

Finance
[unable to retrieve full-text content]SPECIAL NOTE Momentum trading is often one of the most thrilling strategies that allows investors to take advantage of trends in a stock s price and ride upswings higher But the key is knowing how to identify the top momentum stocks at any given time That s why Zacks expert Ryan Latest Articles in
Froome takes Giro lead with stunning stage win, Yates drops away dramatically

Froome takes Giro lead with stunning stage win, Yates drops away dramatically

Sports
Chris Froome launched a devastating attack to win stage 19 of the Giro d'Italia and take the leader's pink jersey from fellow Briton Simon Yates.Yates finished almost 39 minutes behind Team Sky's Froome, who attacked 80km from the finish in Bardonecchia.Froome, 33, was fourth prior to Friday's 184km run from Venaria Reale. But, with two days remaining, he now has a 40-second lead over Tom Dumoulin as he attempts to become the first British man to win the Giro d'Italia.BeSpoke podcast - 'One of the best rides of all time'The four-time Tour de France champion is also attempting to become only the seventh man to win all three Grand Tours, and just the third to win three in succession."I don't th...
Toyota takes a winding road to autonomous vehicles

Toyota takes a winding road to autonomous vehicles

Finance
UBER’s fleet of autonomous vehicles has been parked up since one of its self-driving cars struck and killed a woman in Tempe, Arizona in March. That death highlighted once again the industry’s rush to develop self-driving cars. Waymo, a sister company of Google, plans to launch a robotaxi service in Arizona this year. General Motors says it will launch a fully autonomous taxi service, using cars with no steering wheel or pedals, in an American city in 2019. Volkswagen will make autonomous vehicles available through its new ride-hailing service, Moia, in 2021. Ford says it will be mass-producing fully autonomous cars by then, too.But not every carmaker is going at the same speed. Toyota, one of only three car companies that sells over 10m vehicles a year, has made no equivalent ...
German-Russian pipeline takes shape despite US protests

German-Russian pipeline takes shape despite US protests

Technology
Sparks fly and machines whir as workers busily prepare thousands of steel pipes that will become part of a vast undersea pipeline bringing gas from Russia to Germany's northeastern Baltic coast. The Nord Stream 2 project will double the amount of natural gas Russia can funnel directly to the heart of Europe from newly tapped reserves in Siberia, intentionally skirting Eastern European nations like Poland and Ukraine. It also promises much-needed jobs in this poor German backwater, some three hours' drive north of Berlin. The United States and some other German allies have bristled at the project, warning that it could give Moscow greater leverage over Western Europe. Energy-poor Germany already relies heavily on Russian gas and so far Chancellor Angela Merkel has deftly kept the new $ 11...