That’s how much Dell has paid for cloud computing company EMC. It’s the largest tech buyout in history. As the Wall Street Journal reports, EMC began re-strategizing last year under pressure from Elliott Management Corp., an activist hedge fund.
That’s how many are owned by LVMH. The company reported 19 percent revenue growth in the first half of 2015. But with almost as many stores located in Asia as in Europe, the company has also seen its revenue negatively affected by China’s economy.
That’s how much Sanmay Ved, a student, paid for ownership of the Google.com web domain. Through an administrative oversight on the company’s website-selling service, the domain was made available for purchase. Ved had control for a full minute before Google cancelled the transaction. As the BBC writes, Google awarded Ved with a bug bounty when he reported the incident — they also doubled the amount when they heard he would donate the money to an Indian educational foundation.
That’s how many attended a virtual reality film festival in New York. From swivel chairs set in rows, festival attendees were transported to post-earthquake Nepal or to Van Gogh’s “The Night Cafe.” But don’t call them films in front of the designers — they prefer to call them “experiences.”
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.