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This start-up aims to replace 40,000 worth of man hours with one click

“According to research from International Data Corp., worldwide revenue for big data and business analytics will surpass $203 billion by 2020” writes Lora Kolodny for cnbc.com. ThoughSpot is competing against the likes of Microsoft Power BI and Tableau software for a piece of the massive big data and business analytics market.His company claims it can now do a job that would take 40,000 man hours in a single click, once its software is set up.SpotIQ employs artificial intelligence to create hundreds of insights from data in a company’s cloud or…

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Business media startup Cheddar adds radio to its growing TV operation

“Media startup Cheddar has signed a deal to bring its business-focused live content to national radio, adding to the growing distribution of its content beyond its Facebook Live origins” writes Jason Abbruzzese for mashable.com. As Steinberg noted, offering audio versions of television isn’t a particularly new phenomenon, but Cheddar is among a group of internet-native startups that are making content similar to legacy media companies for far less money. Source: mashable.com Share This:

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Alibaba beats analysts estimates with Q1 revenue growth of 56%

“In June Alibaba raised its expectations for full year revenue growth to 45-49 percent” reports venturebeat.com. (Reuters) — Alibaba, China’s top e-commerce firm, beat analyst’s estimates with a 56 percent rise in first-quarter revenue, driven by growth in online sales which make up most of its business.Shares of Chinese e-commerce firms, including Alibaba and JD, have outperformed the market in 2017, buoyed by positive revenue growth around June sales events and overseas expansion developments.Revenue from Alibaba’s core e-commerce business made up 86 percent of total revenue in the three months…

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China’s Alibaba outstrips revenue estimates with online sales growth

“Alibaba, China’s top e-commerce firm, beat analyst’s estimates with a 56 percent rise in first-quarter revenue, driven by growth in online sales which make up most of its business” writes David A for cnbc.com. In June Alibaba raised its expectations for full year revenue growth to 45-49 percent.Shares of Chinese e-commerce firms, including Alibaba.com and JD.com, have outperformed the market in 2017, buoyed by positive revenue growth around June sales events and overseas expansion developments.Revenue from Alibaba’s core e-commerce business made up 86 percent of total revenue in the three…

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Walmart is sliding despite posting an earnings beat

“Walmart released its second-quarter earnings report before the bell on Thursday, and the results were mostly positive, but shares are down about 2.5% ahead of the opening bell” writes Seth Archer for businessinsider.com.au. The company announced comparable sales rose 1.8% compared to the same time last year, and merchandise volume from its online business soared by 67% compared to last year.Adjusted earnings came in at $US1.08 per share while revenue totaled $US123.36 billion, both were ahead of estimates. Source: businessinsider.com.au Share This:

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It’s Time to Tie Executive Compensation to Sustainability

“As the prominence of sustainability grows, our colleagues at Semler Brossy are fielding more calls asking about linking sustainability to executive compensation” reports hbr.org. In the 1980s, when quality became a significant issue for manufacturers, many of them added quality metrics to their executive compensation plans.And not every company should expect to add sustainability to its core compensation metrics, at least not right away.Moreover, not every company should expect to add sustainability to its core compensation metrics, at least not right away.In our research on the S&P 500, only 2%…

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Alibaba’s Quarterly Revenue Beats Esimates

“In June Alibaba raised its expectations for full year revenue growth to 45-49 percent” writes Cate Cadell for reuters.com. Shares of Chinese e-commerce firms, including Alibaba.com and JD.com Inc (JD.O), have outperformed the market in 2017, buoyed by positive revenue growth around June sales events and overseas expansion developments.Thursday’s results show that Alibaba Group Holding Ltd (BABA.N), one of Asia’s most valuable companies, is benefiting from more and more Chinese buying an increasing proportion of everything from food to clothing to luxury items online.A sign of Alibaba Group is seen…

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Cisco’s revenue falls for seventh straight quarter

“While security business revenue of $558 million fell short of analysts estimates of $580.5 million, according to FactSet, Cisco’s overall revenue was supported by its data center business and wireless business, which is now its fastest growing” writes Min Read for reuters.com. Analyst Patrick Moorhead of Moor Insights & Strategy said the next two quarters would indicate the health of the security business.The security business, which offers firewall protection and breach detection systems, has been Cisco’s fastest growing, until the last two quarter.”I’m not concerned yet with Cisco’s security numbers…

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