Microsoft and Facebook Join Forces to cross the Atlantic Ocean. The cable, called "TIDE", will be able to guarantee a bandwidth equal to 160 terabits per second and will extend more than 6,600 kilometers on the bottom of the Atlantic Ocean.
The ultimate goal, of course, is to allow Facebook and Microsoft to be able to more easily manage the huge traffic that generate many of their servers. The services are increasingly moving to the cloud and this means that in the future the data request will be increasing. They serve, therefore, next-generation infrastructure that can provide more bandwidth to ensure quick and easy access around the world.
After years in court the story of infringement of Java copyrights, opposing Google and Oracle, closed. Indeed, the latter accusing the search engine of violating its copyright in the Android operating system used in smartphones.
The Federal Court of San Francisco has instead ruled in favor of Google, exonerated from the charge, after the testimony of former CEO Eric Schmidt, who managed to convince the absolute correctness of the Mountain View giant judges.
FCA announced that Chrysler will recall voluntarily about 4.3 million vehicles produced in past years, between 2004 and 205, to replace the passenger airbag.
FCA said in a statement that the recall comes after the notification of defects by the supplier Takata, who alerted the National Highway Traffic Safety Administration (American authority of transport safety supervision). The "prolonged exposure to high levels of humidity and high temperatures may cause deterioration, which could result in failure or malfunction of the airbag". FCA for his part says that it is not "aware of any incident that would involve vehicles subject to the recall campaign".
The G7, which began this morning in Japan, saw emphasized by leaders committed fears about the emerging economies, while Japanese Prime Minister Shinzo Abe has made noise with the statement in which he likened the current situation to the financial crisis triggered by the Lehman bankruptcy in 2008.
"The G7 leaders share the idea that emerging economies are facing a difficult situation even though there are those who say that the current framework can not define ‘crisis’," said the deputy head of the Cabinet Secretariat, Hiroshige Seko , speaking to reporters at the beginning of the two-day G7 in Ise-Shima.
Twelve associations, representing the most influential global steel producers, have appealed to the G7 leaders to take appropriate measures to support the sector, which is suffering very negatively of "distorting practices" of some governments, which no regard for the situation of the market, continue to promote the production, indifferent to global overcapacity.
New applications for unemployment benefit fell in the United States, confirming the improvement in the labor market stars and stripes thanks to the acceleration of economic growth.
In the week to May 21, the "claims" have fallen by 10,000 units to 268,000, while analysts’ estimates were for a decrease of up to 275 thousand units. Now te records is 63 weeks of consecutive requests to below 300,000, the longest streak since 1973.
Good news from the US housing market. Sales of new homes for the month of April totaled 619,000 share units against 511,000 units in the previous survey and the 521,000 units expected by analysts. Staying on the subject of macro data, the Richmond Fed index, indicator of the manufacturing sector prepared by the Federal Reserve Bank of Richmond, has declined from 14 to -1 points. The analysts pointed to a drop much lower at 9 points.
The German chemical and pharmaceutical giant Bayer has made an offer of 62 billion dollars for the purchase of Monsanto, an American company leader in the production of GM seeds. "Bayer has made an offer to buy all outstanding shares of Monsanto at a price of $ 122 per share or a total value of 62 billion dollars," the German company writes in a statement, a few days after announcing a contact with Monsanto .
Bayer last year had a turnover of over 46 billion euro and employs 117 thousand people. Monsanto last year achieved a turnover of more than $ 15 billion with a net profit of 2.3 billion.
For qualified investors / professional clients only
In order to proceed, you must confirm that you are a qualified investor based in Switzerland
The information contained in this section have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document.
Before investing in a product please read the latest prospectus carefully and thoroughly and note that funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided without any guarantee or warranty and are for the recipient's personal use and information purposes only