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Pulumi, founded by Microsoft and AWS veterans, raises $5M seed and debuts an open-source project and commercial SaaS product to help devs be cloud agnostic

“At a certain point, that stops making sense; Pulumi thinks it has found the way forward for the cloud computing era” writes Tom Krazit for geekwire.com. The Pulumi open-source project allows developers to write new multicloud-aware applications in popular languages like JavaScript, TypeScript, Python, and Go at launch, with support for Java and C# coming soon.Microsoft’s Brendan Burns, who was part of the team that created Kubernetes, the multicloud deployment darling of today’s world, proposed something similar to Pulumi last December at KubeCon.The Seattle-based startup, founded last year by veterans…

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More millennials are embracing the idea of starting a small business in the Trump era

“New research indicates that more millennials are leaving the traditional 9-to-5 job in hopes of starting their own business” writes Evan Vucci for washingtonexaminer.com. Young people have President Trump’s tax cuts to thank, as they are helping grow the American economy at levels not seen in decades. His combination of pro-growth tax cuts and cutting regulations have put Americans back to work, proving once again that less government makes for a prosperous economy.In addition to passing the largest pro-growth tax cuts in decades, the Trump administration has also touted a…

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AT&T’s Time Warner merger kicks off a new era of streaming-video monopolies

“AT&T already controls DirecTV and offers a zero-rating deal for AT&T Wireless customers who want to stream DirecTV content directly to their device without hitting data caps” writes Jun Edt for theverge.com. When Disney’s long-planned streaming service launches next year, the company will stop licensing Marvel and Star Wars movies to Netflix and show them exclusively on its new service instead.Today, the US District Court for the District of Columbia cleared the way for the world’s largest telecom to buy the world’s third-largest entertainment company, kicking off a new era…

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Dan Hannan: In the Trump era, Americans are warming to free trade

“Over the past three years, free trade advocates have been patiently explaining why none of these things is true” writes unknown author for washingtonexaminer.com. In a remarkable, though largely unremarked, reversal, support for free trade is shooting up in the United States.The fact that the U.S. is toward the top of the free trade league has a lot to do with its prosperity, but other countries do even better.Largely because free trade advocates have been jolted into making their case.Those supporting free trade forgot how counter-intuitive their arguments were. Source: washingtonexaminer.com…

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Markets News 

CHINA IN CHARGE

“State-owned Beijing Automotive Industry Holding Co. sold 72,191 of them, according to industry analytics firm Focus2Move.com” writes Hans Greimel for autonews.com. Didi, he promised, would help China’s auto industry leapfrog “from a global leader in scale to a global leader in innovation.”. It is natural that China, with annual production capacity exceeding 31 million vehicles, would start targeting foreign markets.Instead of being a passive center of sales, profits and production, China is taking the wheel as a true driver of the global industry in innovation, development, investment and more. Source: autonews.com…

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Star Wars: Battlefront II updates will let players fight in the Clone Wars

“At E3 today, DICE revealed several big updates to Star Wars: Battlefront II. Players will be able to play during the Clone Wars era, and the game will introduce several new playable characters, including Anakin Skywalker, Count Dooku, General Grievous, and Obi-Wan Kenobi” writes Jun Edt for theverge.com. This is the first time that Battlefront II players will be able to play as characters from the the prequel era, or to visit the planet Geonosis, where the Clone Wars began in Attack of the Clones.There’s no release date yet for…

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Microsoft Buys GitHub for $7.5 Billion, Moving to Grow in Coding’s New Era

“Microsoft said on Monday that it was buying GitHub, a software development company used by 28 million programmers, for $7.5 billion” reports nytimes.com. The move is a bid by Microsoft to gain ground in the internet era of software development, where applications increasingly run on remote data centers — so-called cloud computing.Its key Office productivity applications and data center software are available in cloud versions.Amazon is the leader in the cloud market so far, but Microsoft has transformed itself in recent years to become a strong No. 2 as a…

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German president apologizes to gays for decades of injustice

“Germany’s president has asked gays for forgiveness for decades of suffering and injustice they endured as a result of repressive laws in Germany in the Nazi era and after World War II. Frank-Walter Steinmeier spoke Sunday in a ceremony marking the persecution of gays by the Hitler regime” writes Associated Press for sun-sentinel.com. The dpa news agency quoted Steinmeier as saying that the harsh treatment continued in the post-war era, in both parts of a then-divided Germany, where homosexuality for years remained a criminal offense. Source: sun-sentinel.com Share This:

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