Displaying items by tag: Business

A couple of accountants came up the laneway the other day… No this is not a “Letterkenny” episode, but the cold intro style was spot to me for this one. It seems that in the pre-covid world many companies were in the process of buying up or moving to beautiful new office spaces. Some of these spaces had glorious open areas, beautiful break rooms and, of course, space for all. Then Covid hit and the lock downs. This forced those same companies to abandon those spaces and work like crazy to get everyone to work from home. Now the bill on those same spaces has come due and companies are calling everyone home.

If you ever considered opening your small startup, now would be a good time to do so.The level of investment in technology startup ventures in the United States is at record numbers. In just first three months of this year, the various venture capital funds invested huge $9.99 billion in 880 different startup companies.

After almost a year Mozilla was managed by temporary CEO Jay Sullivan, the company finally decided to appoint a person which will be a permanent solution to the position of Chief Executive Officer. It is a developer and former director of Mozilla technology, 53 year old Brendan Eich.

As part of the major reorganization of staff within Microsoft launched by new CEO Satya Nadella, several significant changes have been announced. By the end of this week the founder of Skype, Tony Bates and marketing director Tami Reller are expected to abandon the company.

According to Wall Street Journal, Motorola Mobility CEO Dennis Woodside will leave the company before the official acquisition by Lenovo. His new job will be at the position of COO (Chief Operating Officer) in Dropbox, a popular service for storing data in the cloud.

From Lenovo Group Ltd. announced that they have reached an agreement with IBM for the sale of their departments for production servers. After they in the 2012 from the same company purchased unsuccessful ThinkPad Department  for $1.75 billion, and made him the world's leading manufacturers they have now decided to make a similar move with the server department of IBM.

Microsoft's chief engineer, Jon DeVaan made his decision that in the new year the time has come to shift focus on family, rather than work.

HP decided to further increase the total number of employees laid off by the end of 2014. According to the plan in September, the plan was the release of 29,000 people, and earlier in May they announced the release of 27,000 people.

Mark Zuckerberg, founder and CEO of Facebook, will sell shares in the company valued at $2.3 billion to pay the taxes. It's just part of the offer of 70 million shares of Facebook, which will go on sale.

HP in the final quarter of this fiscal year achieved revenues of 29.1 billion dollars. This result is a billion dollars better when compared to analysts' expectations.