The benefits of Cloud computing cannot be under estimated. The biggest player in this new technology is the e-commerce giant Amazon(AMZN). Amazon Web Services(AWS) generated over $12.0 in revenue in 2016. Other companies such as Microsoft(MSFT), Alphabet(GOOG) are also growing their cloud offerings. The following chart shows some of the benefits of cloud computing over …
India leads the world in the number of users accessing the interest using their smartphones as shown in the chart below: Click to enlarge Note: The European Union is in the G20, but not all countries in the EU are in the chart. Source: StatCounter GlobalStats, February 2017 Despite the lead, only 18% of …
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Governments around the world are planning to increase retirement ages for claiming pension and other benefits. This is because the increase in life expectancy and the need to balance budgets. Or to put it differently as people are living longer working folks have to work more in order to contribute in taxes to states to …
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Telecom giant AT&T Inc (T) and Time-Warner Inc(TWX) want to merge. However the US Justice department is against this marriage and has filed a lawsuit against the merger.Now the drama will continue in the courts for the next many months or years. Most of the industries are oligopolies where a handful of companies dominate the …
The top 10 coffee producers in 2016 is shown in the chart below. The chart comes from an interesting article on the booming coffee industry in Der Spiegel. Coffee pickers in Guatemala earn about 5 Euros for picking a 50 kilogram (kg) bag. Sometimes children also work to support a family. On an average they …