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Microsoft takes a bite & # 39; Apple – Business News



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The big bet on Microsoft cloud computing is pay as the company surpassed Apple as the most vast company & # 39; market value.

The maker returns & # 39; bad software appeared a few years ago, since the licenses for the company's Windows system dropped by a sharp drop in sales & # 39; personal computers.

But under CEO Satya Nadella, Microsoft has found stability by focusing on software and services online, or cloud, b & # 39; long-term commercial contracts.

That personal power nineties computers now have a moment & # 39; renaissance, since eclipses Facebook, Google, Amazon and other technology clothing & # 39; the last decade.

Apple was the most prosperous firm in the world by asking the best place Exxon Mobil earlier this decade. Microsoft topped Apple a few times a few times this week, but not fallen due on Friday. Microsoft was not at the top of the height of dot-com boom in 2000.

Microsoft became a contender again & # 39; other in large part due to storage & # 39; Apple has declined this month, while Microsoft m & # 39; made no worse than the rest of bag. But that failed to do is a reflection of its constant focus on business customers in & # 39; in recent years.

Microsoft lost its luster because people have been understanding computers for smartphones. In 2013, the PC sales fell 10 percent to about 315 million, the worst decline from year to year, according to Gartner and IDC research firm. Do not helped that effort & # 39; Microsoft makes most computers as phones, Windows 8, planned by & # 39; & # 39 ;. broadly

But a change started when the company & # 39; Redmond, Washington, promoted to Nadella as CEO in 2014. He managed the CEO & # 39; long term & # 39; Microsoft, Steve Ballmer, who initially scoffed at the notion that people are willing to pay $ 500 or more for Apple iPhones.

That bet paid. Windows is now steadily decreasing fraction of the business & # 39; Microsoft. While the company is still run a consumer-focused businesses like Bing search and Xbox games, prioritized towards business-oriented services such as the Office line of email and other work software, as well as new additions such Skype and LinkedIn. But its biggest growth happened in the clouds, in particular cloud platform Azure ask. Cloud computing now accounts for over a quarter of revenue & # 39; Microsoft, and Microsoft rival to Amazon as a leading supplier & # 39; such services.

The analyst & # 39; Wedbush This Ives said that Azure is still in its infancy, and means that there is much room for growth, especially considering the large customer base of the company for Office and other products .

"While karnage technology appeared over the past month was brutal, shares & # 39; (Microsoft) continue to hold like the Rock of Gibraltar", he said.

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Nov 30, 2018 / 11:02 am | Story:
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Alberta took steps to prohibit employers from requiring people to wear high heels at work.

The Minister for Labor Christina Gray says the province is amending the health code and safety at the workplace actually allows employers make mandatory high heels.

"Our government has the back & # 39; each worker and today we are also looking for your feet", Gray said Friday.

Ontario and British Columbia has banned high heels Manitoba in 2017 and did the same this year. The changes & # 39; Alberta come into effect January 1.

Gray said she heard from servers who said that high heels were causing pain and tqiegħduhom f & # 39; fire risk and fall.

Lisa Caputo, co-owner & # 39; Cibo Bistro in & # 39; Edmonton, said that her previous experience in the restaurant industry included wearing heels & # 39; two inches.

"That work almost half my industrial career in & # 39; workplace who asked not good footwear and uncomfortable leaving his feet in the form of & # 39; diamonds from the shoes I had eight to 10 hours," she said.

She was not wearing heel for eight years, but still feels pain in her legs, she said.

"I work in & # 39; environment and offers the look of Trump and food service, you lose your value as a woman," said Caputo. "You're pretty good and that's what we felt."

Gray said that nobody should be forced to wear some sort of & # 39; shoes can cause problems & # 39; health or & # 39; security. She said that the amendment would prohibit employers in & # 39; each sector to request that workers use footwear that can be & # 39; risk.

"Women have the option to wear high heels but can not be forced, especially in & # 39; unsafe working environments," she said.


Nov 30, 2018 / 10:44 am | Story:
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BRP Inc. registered in the third quarter revenue & # 39; $ 1.39 billion, an increase of & # 39; 14 percent from last year and slightly above the analysts' estimates as demand for vehicles & # 39; side-by-side utility Sea-doos and encouraged the growth of sales.

Net income attributable to shareholders of the company based in & # 39; Quebec-based snowmobiles of & # 39; Ski-Doo watercraft, a & # 39; recreational and off-road vehicles was & # 39; $ 90.3 million or 92 cents per share.

This was a $ 70 million or 67 cents per share in the third quarter of last year, when revenue was & # 39; $ 1.23 billion.

The increase in revenue was mainly due to higher wholesale products with all year and variation & # 39; favorable exchange rate & # 39; $ 31 million.

The adjusted earnings & # 39; BRP decreased to $ 102.9 million or $ 1.04 per share, but much higher than the analyst estimate & # 39; Thomson Reuters Eikon of & # 39; 98 cents per share.

The chief executive Jose Boisjoli said the company "Can-Am off-road lineup" has seen an increase in year b & # 39; nothing to the extent of & # 39; half the percentage in & # 39; to growth in the sector in -ċifri unique. The strong demand helped revenue for the products of the whole year for $ 562 million, an increase of & # 39; 21 percent in its largest product category.

Sea-doos, meanwhile, ran third quarter sales surge 30 percent greater than last year, said on a conference call with Boisjoli & # 39; investors Friday.

The shares & # 39; BRP jumped about six percent in & # 39; half the business & # 39; morning Stock Exchange & # 39; Toronto, rose & # 39; to $ 46.77 as the company maintained the edge & # 39; on its guidance – already raised twice in 2018.

BRP expects normalized diluted earnings per share for the year to increase 30 to 35 percent compared with the & # 39; previous year, from an earlier forecast for growth & # 39; 24 to 30 percent.

The company's acquisition this year & # 39; AlumaCraft Boat Co. Manitou Boats and pontoons helped increase the income of marine products 30 percent to $ 139 million.

The fishing boats and pontoons of & # 39; aluminum – not cut to BRP waters – including more than half of the boat market & # 39; USA, said Boisjoli, as the company put its line for 700 million of the world fishermen.

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Nov 30, 2018 / 10:39 am | Story:
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Buying & # 39; Canadian mattress early & # 39; $ 88.7 million in & # 39; Canada Sleep of Canada Endy does not mean that the two will be merged or brand stop selling products from competitors & # 39; Endy & # 39; s bed-in-a -box.

Sleep Country based in & # 39; Toronto said Friday the two will operate separately and Sleep Country does not renounce to sell Bloom mattress in the box launched in & # 39; May 2017.

"Bloom is not going anywhere. We sell at our stores and we sell online and we plan to continue to do so", said David Friesema, chief executive officer & # 39; Sleep Country, on a call with & # 39; analysts. "It is one of our fastest growing product launches that we had in our history."

Friesema said that Sleep Country was interested in buying Endy – built by two friends who met as high school students in & # 39; Calang and broken the mattress industry when they launched their company in 2015 – due to synergies between the two brands.

Despite Endy and competitor & # 39; Casper to increased competition & # 39; US products in industry & # 39; sleeping, Endy said that the purchase was not meant to be a "defensive move".

"We have been watching carefully and we have been talking for a while," said Friesema. "This is the right time to make the purchase."

Executives said the two companies were keen on the acquisition because each of them will benefit from it. Endy will be able to raise the logistics, warehouse and shipping expertise & # 39; Sleep Country, while Sleep Country will be able to & # 39; tisfrutja technology Endy e-commerce and digital business prowess.

They said that it is unlikely that the landing Endy products in stores & # 39; Sleep Country, although admitted executives had discussed the possibility but decided to leave the decision to Endy to do in the future.

Their membership is at an important time for both brands. Sleep Country has been faced with & # 39; & # 39 competitors; bed-in-a-box and e-commerce growth. He began selling online only offers about a year ago and was holding at & # 39; mind how & # 39; strengthen spaces and its brick and mortar boost its accessory sales.

Meanwhile, last year & # 39; Endy putting it on track to put $ 50 million in revenue this year, although also was challenged by competitors. Casper expanded b & # 39; aggressive way in Canada and slowly open retail outlets – Endy feature yet to come.

Friesema said Endy will continue to evaluate whether to jump in & # 39; brick-and-mortar.

Rajen Ruparell, co-founder and president & # 39; Endy, added that for now the company has focused on the growth of online traffic since 100 percent of its sales are made through trade e.

He also said that the company & # 39; 38 employees were committed to remaining & # 39; "Lean and efficient as possible & # 39; is."


Nov 30, 2018 / 5:40 am | Story:
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The pace of economic growth in Canada slowed in the third quarter as spending on business investment declined and growth in spending of households declined.

Statistics Canada says the Canadian economy grew by & # 39; & # 39 annual pace, 2.0 percent in the quarter.

That compared with & # 39; & # 39 annual pass; 2.9 percent in the second quarter.

The result was fit & # 39; expectations & # 39; economists, according to Thomson Reuters Eikon.

Shifting done as non-residential investment in buildings and engineering structures fell 1.3% as spending in the oil sector and gas declined. Investment in machinery and equipment by businesses declined by 2.5 percent.

Meanwhile, growth in household spending slowed to 0.3 percent in the quarter compared with & # 39; 0.6 per cent in the second quarter.


Nov 30, 2018 / 5:37 am | Story:
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Keep your friends close … and close your closest friends?

Instagram is adding a feature that makes it easier to share photos and videos with & # 39; fewer people.

Friends called Near, the new feature allows users to share stories – photos and videos disappear after 24 hours – it & # 39; people make a special list. The idea is people can feel more comfortable to share some things with & # 39; close friends, rather than to all followers.

Regular posts still appear to anyone, although users have the option to approve followers before. Facebook already gives to the narrow audience of people to individual posts, but Instagram of & # 39; Facebook was.

Social media companies are learning quickly that the audience for larger sizes Users can mean reluctance to share more personal things. So, they add ways to communicate with & # 39; smaller groups. This is why Facebook is increasing its Groups feature, and why apps are so popular messaging.


Nov 30, 2018 / 5:27 am | Story:
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The information & # 39; equal to 500 million people staying at Starwood Hotels and Marriott compromise says that what has been uncovered unauthorized access occurs within the Starwood network in 2014.

The company said Friday that the card numbers & # 39; credit and dates & # 39; deadline & # 39; some guests were taken. For about 327 million people, the exposed information includes any combination of & # 39; name, postal address, telephone number, email address, passport number, information about Starwood account Preferred Guest, date of birth, information sex, arrival and departure, date & # 39; reserve and preferences & # 39; communication. For some guests, the information was limited to the name and other data often as mailing address, email address or other information.

Marriott said that there was infringement of its database in & # 39; in September, which had information relating guest & # 39; reservations in properties & # 39; Starwood on or before September 10.


29 & # 39; November 2018 / 4:55 pm | Story:
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Lyft completed its acquisition of & # 39; Motivate, the largest company & # 39; sharing country bike.

The agreement is part of the purpose of the ride in hailing based company & # 39; San Francisco offering a range of & # 39; & # 39 options; transport within a single application and reduce individual car ownership. Financial details were not disclosed.

Motivate operate & # 39; automobile part in & # 39; systems in New York, Washington, D.C., San Francisco and elsewhere. Last year, 80 percent & # 39; & # 39 rides with; clearly biking compartment in the United States were on bikes Motivate.

Caroline Samponaro, head & # 39; bike, scooter and pedestrian policy Lyft says that the company plans to invest $ 100 million in New York to double the fleet of its wheels are up to 40,000 and double the brand system.

Rival Uber acquired the company division of Jump Bikes bicycle earlier this year. Uber also invested in & # 39; company & # 39; Lime, bike and scooter sharing.


November 29, 2018 / 10:33 am | Story:
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The website of personal finance MoneySense sold by Rogers Communications Inc. to Ratehub Inc., for undisclosed amount.

Ratehub is a company based in & # 39; Toronto owns a site & # 39; online comparison for financial products.

The ratehub.ca get most of its revenue from fees paid by companies after ikklikkjaw readers to learn more about a particular product.

MoneySense once a print magazine with & # 39; online presence. From 2016 continued only as a digital publication that attracts about 700,000 unique visitors per month.

Rogers Media President Rick Brace says in & # 39; a statement that it was important to find a "good home" for MoneySense.

Ratehub and MoneySense previously collaborating to present a tool & # 39; paper comparison & # 39; Credit for Canadians.

"We see this acquisition as a way to extend our partnership even further and bring to Canadians more comparison tool in & # 39; areas such as mortgage, investment and & # 39; savings vehicles, and & # 39; insurance products "said James Laird, co-founder & # 39; Ratehub Inc. and Chairman of the Financial CanWise.


November 29, 2018 / 10:19 am | Story:
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Canada says it is on track to sign a new agreement on free trade & # 39; American & # 39; On the sidelines of the G20 summit in Argentina, but the Minister & # 39; Foreign Chrystia Freeland provides solid confirmation on Thursday.

Freeland, who spoke on a sunny patio in & # 39; hotel f & # 39; Bos Buenos few Aires after the Canadian delegation landing Thursday, said that details would be finalized on an agreement "nearly" widespread.

"Our goal has always been to sign off this agreement on 30 & # 39; in November and we are on track to meet that goal," said Freeland.

Canada has been in & # 39; contact & # 39; the Americans and the leaders of receipt in & # 39; Bus Buenos Aires, it added.

"A large number of & # 39; technical details need to be peeled and wrapped," she said. "The fact that this agreement is in three languages ​​adds to the level of & # 39; technical complexity and it is on that level that we are to make sure that The are dotted and all Ts are divided."

The minister is part of a Canadian delegation to attend G20 summit & # 39; great interest to begin Friday and draws global attention on trade tensions between China and the United States.

The Liberal government is also facing the issue of international security, after Canada and its allies have condemned the seizure of & # 39; three Ukrainian naval ships near Sevastopol on Monday.

Freeland said she spoke with Minister & # 39; Foreign Affairs & # 39; the Ukraine and is in & # 39; very close contact with & # 39; other G7 countries on this issue.

She also said that Ukraine is expected to be the subject of & # 39; "b conversation & # 39; robust" in the NATO summit foreign ministers in Brussels next week.


November 29, 2018 / 6:30 am | Story:
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Another price hike is on the road to subscribers & # 39; Netflix Canada as competition goes out & # 39; among the largest services & # 39; video streaming.

The company behind "narco" and "The Orange-the New Black" is introducing the largest price increase continues for both new subscribers as well as current members.

The standard plan & # 39; Netflix will now cost $ 3 more – or $ 13.99 a month – to view content on two screens at a time.

The basic plan – which does not offer video & # 39; high definition and allows only one stream – rises to $ 9.99 dollars a month.

The plan subscribers & # 39; premium pay $ 3 more – or $ 16.99 a month – four & # 39; Simultaneous video streams and 4K ultra b & # 39; high definition.

Netflix says that higher prices are effective immediately for new subscribers, while existing users will be notified by & # 39; email before their accounts added in the coming weeks.

The most recent company increased prices for many plans with & # 39; dollars about a year and a half ago.

Netflix says the change will help finance the TV series and future films as well as general improvements to the Netflix platform.

But the company also faces intense competition the next year as a growing number of & # 39; & # 39 platforms; streaming into the Canadian market with & # 39; attractive offers.

Earlier this month, Bell Media introduced a higher level & # 39; service & # 39; Crave including streaming option & # 39; & # 39 recent films; Hollywood and New & # 39; HBO programs. The package, called Crave +, worth about $ 20 per month.

The next year, he left Disney in a platform market & # 39; own streaming. Disney + is expected to be stored with & # 39; original movies and series such prekurs for "Star Wars: Rogue One" and show & # 39; Marvel superhero based on the character Loki from "Thor" and "The Avengers."

Other platforms can run & # 39; forward too, including a new service operated by Criterion specializing in & # 39; classic movies, and CBS All Access, which is increasing its library of & # 39; original shows including "Tell Me A Story" and "Strange Angel".


November 29, 2018 / 5:34 am | Story:
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Consumers increased their spending in & # 39; September b & # 39; pace in & # 39; seven & # 39; months, while their revenues rose by the largest amount in & # 39; nine & # 39; months. Both are good signs for future growth.

The Commerce Department said that consumer spending increased by & # 39; 0.6 per cent last month. It was the largest increase by similar gains in & # 39; March and was three times faster than performance & # 39; 0.2 percent in September. Revenues, which provides the fuel for spending, rose 0.5 percent in & # 39; in October, an increase of a significant pickup & # 39; 0.2 percent & # 39; September.

Instrument & # 39; & # 39 main measure; inflation linked & # 39; the increased consumer spending increase & # 39; 2 percent in & # 39; October compared with & # 39; years ago, by upholding the annual target & # 39; 2 percent for inflation set by the Federal Reserve.

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