Tag Archive | "Becomes"

Amazon is Now Worth More Than Microsoft, Becomes the World’s Third Most Valuable Company

The race in becoming the first company to reach the trillion dollar mark in terms of market capitalization is still ongoing. However, Amazon is a strong contender as its long-running market rally continues unabated. Thanks to a sharp rise in its company’s shares on Wednesday, Amazon became the world’s third most valuable company, overtaking Microsoft for the first time.

Amazon shares surged by 2.6 percent on Wednesday—an increase of $ 36.54 a share in just a single day of trading. Closing at $ 1,451.05 per share, the online retail giant is now valued at $ 702.5 billion. Its market value went up by $ 17.69 from the previous day’s close.

While Microsoft managed to post some gains on the same day, it was not enough to offset Amazon’s increase. The software giant’s stock rose by 1.6 percent or $ 1.40 per share, translating to an increase in total market cap by $ 10.78 billion. The company is now valued at $ 699.22 billion on Wednesday’s close.

At the moment, only two companies are worth more the Amazon. Gadget maker Apple is still number one with a market valuation of $ 849.2 billion. Meanwhile, Google’s parent firm Alphabet is in the second spot currently valued at $ 746 billion.

Amazon continues to dazzle investors and has managed to post a 73 percent increase in the past year. As a result, CEO Jeff Bezos overtook Microsoft co-founder Bill Gates as the world’s richest person. Microsoft’s 41 percent increase in the past 12 months was not enough to offset the online retailer’s meteoric rise.

[Featured image via Amazon]

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Apple Maps becomes a platform with new extensions for third-party apps

The move parallels Apple’s decision to open up Siri and Messages to developers.

The post Apple Maps becomes a platform with new extensions for third-party apps appeared first on Search Engine Land.



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Pakistan’s parliament becomes 100% solar powered

Pakistan’s parliament has turned into the first on the planet to run altogether on sunlight based force.

Known as the Majlis-e-Shoora, the seat of the administration in the nation’s capital, Islamabad, is currently completely fueled by the sun.

Initially declared in 2014, the endeavor has been supported by the Chinese government as a demonstration of fellowship, with the sun oriented force plant costing around £36.5 million.

The undertaking was formally dispatched amid Chinese president Xi Jinping’s visit a year ago.

Presently finish, it produces 80 megawatts of power, 62 of which are devoured by the national get together with the rest of to the national matrix, as indicated by Pakistani daily paper Dawn.

Individuals met in the house surprisingly on February 12 as it was being controlled by daylight.

Leader Nawaz Sharif is relied upon to formally ‘switch on’ the system not long from now.

Exceptional secretary at the National Assembly, Munawar Abbas Shah, beforehand remarked : “This is the first project of its kind [in a public building] in Pakistan, and later more public buildings will be converted to solar power to overcome the energy crisis.”


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Cortana Expands To Other Markets, Becomes “Xiao Na” In China

There’s increasing evidence that Microsoft’s personal assistant Cortana is being positioned as a key differentiator vs. Android and iPhones. A new TV commercial (below) purports to compare Cortana to Siri, with a mock Siri voice saying “I can’t do that” a number of…



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