svattikuti

Amazon Strengthens Its Digital Hand With Purchase of Audible

Well it seems like Amazon may be able to cut a lot of the expenses that Audible has had to incur as a standalone entity. Technology and development had a huge increase in costs. It is interesting that Audible stated in its last 10-K that it did not have a comprehensive backup system/plan. I would bet if Amazon is too aggressive with its plans for Audible, that Apple would start seeing if it could strike separate deals with the publishers and prop up an alternate digital publisher. I am a little surprised that Adobe is not in this spoke-word business.

Wipro Readies $6.4-$7B Bid for Capgemini - Hindustan Times

Actually, the value calculation should have 6.4 to 7 billion euros not dollars. I received confirmation from the author of the Hindustan Times article. The offer was 48 euros per share X 144.8 million shares outstanding comes to close to 7 billion euros.