Showing posts with label billion. Show all posts
Showing posts with label billion. Show all posts

Google has reportedly made 31 billion in revenue from Android

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Google has reportedly made $31 billion in revenue from Android

We know that Google doesnt reveal the revenue or profit it makes off of its Android mobile-operating system. However, looks like the well-guarded secret has just been revealed by Oracle. The the database maker’s attorney in an ongoing lawsuit against Google revealed last week that the latter has made a total of $31 billion in revenue and $22 billion in profit from Android till date.
Google said that the figures were derived from its confidential internal financial documents, adding that the "extremely sensitive information" shouldnt have been publicly disclosed as it was meant for "Attorney’s Eyes Only."
"Google does not publicly allocate revenues or profits to Android separate and apart from Google’s general business," the company said in a court filing. "That non-public financial data is highly sensitive, and public disclosure could have significant negative effects on Google’s business."
The Mountain View, California-based company urged the court to edit related portions of the public transcript of last week’s hearing, following which the transcript was removed from electronic court records.
Filed way back in 2010, the lawsuit accuses Google of copyright violation saying that the company used Java APIs in its Android OS without permission. While Google argued that APIs cant be copyrighted, a court in 2014 ruled otherwise. Following this, the search giant took the battle to the Supreme Court, which upheld the lower courts ruling.
The ongoing arguments are now for the damages that Oracle will receive from Google. "Look at the extraordinary magnitude of commerciality here," Oracles attorney had said last week while disclosing Androids revenue and profit.
                                                     source :- http://www.gsmarena.com/    
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Microsoft to Donate US 1 billion worth of cloud services to non profit groups across the world

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The Redmond-based Tech company, Microsoft has disclosed that it will donate US$1 billion worth of cloud services to non-profit groups and researchers across the Globe within the next three years.

The company is making this decision to help solve some of the toughest challenges the World is facing at present and to “advance the public good”.

Much more, Microsoft will also be donating to expand access to free Azure for universities. 

Microsoft’s CEO, Satya Nadella said in a press release that“Microsoft is empowering mission-driven organizations around the planet with a donation of cloud computing services — the most transformative technologies of our generation,”
He added, “Now more than 70,000 organizations will have access to technology that will help them solve our greatest societal challenges and ultimately improve the human condition and drive new growth equally.”

Microsoft will also invest in organizations providing Internet connectivity in developing countries.
Source: Microsoft.
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Poland likely to scrap 3 billion Airbus helicopter deal

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Polands $3 billion (2 billion pounds) army helicopter deal with Airbus (AIR.PA) is "very likely" to be canceled, the deputy defense minister said on Tuesday, signaling one of Warsaws key military programs, speeded up in response to the Ukraine crisis, may face delays.
Polands previous centrist government, beaten by the Eurosceptic Law and Justice (PiS) party in a parliamentary election in October, agreed a provisional deal with Airbus for 50 EC-725 Caracal multi-purpose helicopters, turning down offers from Sikorsky (LMT.N) and AgustaWestland (SIFI.MI).
The contract, negotiated by the economy ministry, has yet to be signed and PiS has repeatedly said it would rather see the deal awarded to a producer manufacturing locally. Both Sikorsky and AgustaWestland have facilities in Poland.

"I cant say that the final assessment of the (industrial) offset negotiations will be negative, but considering how big the differences are, it is very likely that an agreement will not be reached," Bartosz Kownacki told the Rzeczpospolita daily.

"We are not allergic to the French, but to not utilizing the capacity of the Polish (defense) industry," Kownacki said. "Wed have to get really as much as possible from the French side to make this contract profitable for us," he said.

Poland may be better off scrapping the deal and paying a potential fine, which may reach hundreds of millions of zlotys, than accepting the losses the contract would impose on the Polish defense industry, Kownacki was quoted as saying.

The negotiations are supposed to conclude by Feb. 10, the daily said.
"Talks on industrial compensation are under way. Lets wait until they are concluded," a spokesman for Airbus Helicopters said.

(Reporting by Wiktor Szary; Additional reporting by Cyril Altmeyer; Editing by Mark Potter)
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