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Nokia and Chinese tech firm, Tencent, collaborate to work jointly on 5G

Nokia and Chinese tech firm, Tencent, collaborate to work jointly on 5G

Nokia and Tencent sign agreement to accelerate 5G webscale research

5G, the fifth (5th) generation of cellular technology, is the newest wireless networking technology that phones, smartwatches, cars, and other mobile devices are expected to use in the coming years.

While 5G standards are in the process of getting finalized, Nokia, the Finnish telecommunications giant, and one of China’s leading providers of Internet services, Tencent Holdings signed a cooperation agreement to carry out joint research and development to “explore the potential of 5G for the provision of new applications”, including different vertical markets.

The agreement was formalized when the two firms signed a Strategic Framework Agreement at the 2018 Mobile World Congress (MWC) Shanghai that took place at the end of June.

“This collaboration with Tencent is an important step in showing webscale companies around the globe how they can leverage the end-to-end capabilities of Nokia’s 5G Future X portfolio,” said Marc Rouanne, president of Mobile Networks at Nokia. “Working with them we can deliver a network that will allow them to extend their service offer to deliver myriad applications and services with the high-reliability and availability to support ever-growing and changing customer demands.”

Talking about the agreement, Zeng Yu, VP at Tencent, said: “We are pleased to collaborate with Nokia to leverage the technologies, products and expertise of both our companies to fulfill the growing demands of a digital economy driven by 5G. Tencent and Nokia are fully committed to delivering richer, more diverse, multi-level services and applications for enterprises, and individual customers. Furthermore, we will support each other in creating more financial and social benefits in our respective fields, to pursue success in the new era of digital economy.”

The two firms are looking to explore 5G’s potential in transportation, finance, energy, intelligent manufacturing and entertainment. Under the terms, Nokia and Tencent will create an end-to-end 5G test environment in Shenzhen.

According to a Memorandum of Understanding (MOU) signed by the companies, Nokia and Tencent will establish a joint laboratory equipped with leading 5G technologies, products and solutions, centralized and decentralized split architecture that uses Nokia Airscale Radio Access Network, 5G Core, MEC framework and other third-party devices.

Signing of this agreement gives Nokia advantages in 5G over its competitors, while Tencent, which has 1.04 billion combined monthly active users on its WeChat and QQ social media platforms, aims to capitalize on the connectivity, increased speeds, capacity and reliability that 5G services will bring by lowering the latency on the networks.

Going forward, the two companies would leverage artificial intelligence (AI) and automation enabled by 5G to promote international standards and open up the extensive use of Cellular Vehicle-to-Everything (C-V2X) and improve the delivery of online services such as cloud-based gaming and entertainment.

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Why Businesses should Consider Hiring SEO Agencies

By January 2018, there were 1,805,260,010 websites online. This is according Netcraft’s Web Server Survey that took place earlier this year.  If the survey is anything to go by, then smart marketing is not an option for businesses that want to thrive online, but a necessity.

Every business desires to rank on the first page of search engines for their specific keywords because then, they get to enjoy unlimited organic traffic. Sadly, this cannot happen by chance or magic (unless the website is offering something that others aren’t), much of research, science, experience, and knowledge go into the process.

A website needs to be optimized in a way that allows it to come on top whenever someone is searching for what it represents. For this to be possible, business owners should analyze and study their website for responsiveness, accessibility, and user-friendliness. They also need to consider the meta tags, title tags and keywords placements, their competitors, keyword research, base traffic reports and most importantly, availability of constant content.

As it is, business owners already have much on their hands – they need to take care of the inventory, talk to clients, respond to requests, pay employees, keep up with industry trends, and most of the times, take care of their families. It, therefore, is difficult to juggle between running their business and optimizing their platform, and if they do, it’s likely that one side is suffering.

Websites should consider hiring SEO agency as part of their marketing strategy for a whole lot of reasons, here are some of them;

Focus on their core competencies

Business owners need to focus on why they started the website in the first place. Trying to muddle with the SEO services will only mean giving their client’s divided attention, because again, SEO is a full-time job. By working with an SEO agency, they get to free up time for other things like, running their business, investing, expansion and even family.

Leave it to the professionals

There are numerous things that business people can handle on their own, SEO services is not one of them. This is a highly-specialized job that needs a professional touch if the full effect is to be realized. Reputable SEO agencies have the much-needed expertise to help the websites rank and maintain the top spots for as long as it exists.

Agencies operate as an extension of the business

Some website owners might be skeptical about outsourcing such a critical task to an SEO agency, so they end up hiring an in-house team. One disadvantage of hiring an in-house employee is that it’s risky, especially if he or she is inexperienced or lacks knowledge. Agencies, on the other hand, have more than one expert, so the work gets seen by many professional eyes. A website can benefit a lot from the connections and collaborative efforts.

In conclusion

Of all the reasons why a business should consider hiring an SEO agency is the incredible return on investment that comes with it. Ranking top on search engines means more business and more money in the bank.

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How Anyone Can Become a Cryptocurrency Investor with Trilliant’s Fractional Ownership Program

How Anyone Can Become a Cryptocurrency Investor with Trilliant’s Fractional Ownership Program

Traditionally thought of as a sector that with blockchain-based technology complexities and unregulated, emerging technology, cryptocurrency investors have historically approached any investment with an air of trepidation.

General opinion focused on the perceived levels of market unpredictability – something that quashed the comfort of even the most enthusiastic of investors. However, as we move ever-closer to a global cryptocurrency market this perception is being eroded.

The singular integral component within the market that cryptocurrency detractors point to is the lack of a fiscal ecosystem which is familiar to everyone – one that supports safe and reliable transactions. This is about to change with Trilliant’s planned introduction of more than 500 ATM terminals across Europe in the next 24 months.

First launched in 2008 as an investment vehicle, Trilliant operated under umbrella firm, Crypto Capital AG out of Switzerland. Today, the company has evolved and is now about to take a giant leap towards bringing cryptocurrency into the mainstream with the planned introduction of their progressive cryptocurrency ATM terminals.

Not only will this create a physical infrastructure for the blossoming cryptocurrency infrastructure, but Trilliant has pledged to pay dividends to investors who support their vision. They are inviting everyone, from seasoned investors to crypto neophytes the opportunity to earn an income from using their services.

How can you become a cryptocurrency investor? It’s simple. Every one of Trilliant’s network of ATMs is split into 100 accounting units. Trilliant permits the purchase of these units on their website. Once investors own a fraction of the ATM, they’re in-line to receive a dividend which is calculated as a percentage of the total monthly revenue generated by their ATMs.

Units are sold in the form of Trilliant’s unique cryptocurrency token – the TRIL. These tokens will be made available for purchase on July 10th, 2018 when Trilliant’s ICO is officially launched. Potential investors should be aware of the already high-demand for tokens, and the tokens will be sold on a first-come, first-serve basis.

Trilliant CEO, Sebastian Korbach has said publicly that he expects well-positioned ATMs to fetch $20,000 – $30,000 each month. 2% of the total turnover of the ATMs transaction fees will go directly to shareholders. Transactions fees profits are, on average, 7%, however it’s forecasted that ATMs in the USA may be able to offer as much as 10-12%, giving investors a nice little windfall each month.

Indeed, becoming a Trilliant shareholders appears to be one of, if not, the foremost way for investors to gain a favourable return on any investment they make. The total number of Trilliant ATMs globally directly determines the total income – and hence investor share of profits. The more revenue these ATMs generate, the higher shareholders dividends will be.

Trilliant’s lofty ambitions of installing their ATM machines across the globe means that the potential for investors to earn a steady income solely for becoming a shareholder in this obviously progressive venture is vast.

Serial entrepreneur and Trilliant CEO has said, ‘Of course there are other companies that produce ATMs, but the only use for their tokens is to pay for the high transaction fees they incur when withdrawing or depositing money from their ATMs. We do not want to do such a simple thing – we really want to give something back.’

This is clear evidence that Trilliant is determined to support their investments, inspiring confidence that there has never been a better time to become part of Trilliant’s Fractional Ownership Program and invest in the future of the cryptocurrency sector.

Learn more about Trilliant by clicking the link here and reading their Whitepaper.

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Zen Protocol presents the next generation of smart contracts

Zen Protocol presents the next generation of smart contracts

Programming languages in crypto

It is surprising and worrying that everyone talks about blockchain, ICOs or tokens so frequently yet not much is said about the building blocks underlying these blockchains or cryptocurrencies. People often use the word blockchain as if it was some kind of magical structure with some sort of mining to make it work.

Let’s take C++. Most people have heard about C++ and there is nothing too magical or special about it. Well, let’s take a look at the projects that are mainly based on C++: Bitcoin, Bitcoin Cash, Ripple, Monero, EOS and Stellar. So, how can this be? Bitcoin is just some fancy lines of code in C++? Yes. Some fancy lines of code that are putting together things that existed before in a smart way: public/private key cryptography, peer to peer networks, hash algorithms/merkle trees and proof of work to secure the blockchain by forcing any malicious actor that tampers with any block to recalculate the proof of work for all the following blocks, unlikely to succeed given a high hash rate for the network.

What about Ethereum? We need to distinguish here between the programming language for Ethereum and the one for the smart contracts. Ethereum is written in GO while its smart contracts in Solidity. While it may seem that C++ is the top programming language in crypto that is not the case. Why? Simply because all ERC20 tokens are smart contracts and are written in Solidity, this makes Solidity the top language in crypto.

What about other projects? NEO is based in C# and where we start to find some interesting functional programming languages is in Cardano and Tezos. Cardano is based in Haskell and Tezos in Ocaml. These programming languages are more secure than imperative languages. However, they are still not languages related to what is called “formal verification”, a technology that repels the hackers, its code as trustworthy as a mathematical proof. Let’s clarify that this is not something new, the dream to create formally verified software has existed since the beginning of the field of computer science.

Formal verification, hackers’ nightmare

Most computer code, which is written informally, is evaluated based mainly on whether it works. However, unit testing cannot guarantee that software will always work correctly because there is no way to run a program through every conceivable input. Given most blockchain code and projects are open source and deal with huge amounts of money, if there are errors in the code, hackers will find them such as in the DAO, stealing millions of dollars.

Thankfully, there exists an alternative, a really powerful formal verification language which has stayed under the radar and that will teach the crypto community that innovation matters also in the building blocks.

F* is a functional language aimed at formal verification developed by Microsoft Research. F*’s key advantages are that it is both reasonably similar to F#, OCaml and Haskell, and also more practical for program verification than comparable tools like Coq which is notoriously difficult to use for general purpose programming (Coq was designed as a proof-assistant, not a programming language). Tezos, for example, uses Coq to write proofs about their OCaml code.

Formal verification is especially important in smart contracts because here is where most errors are likely to occur. All smart contract platforms have to deal with two key problems: correct execution and resource consumption which are particularly hard to solve on a decentralized platform.

Zen Protocol takes F* as the starting point for defining smart contracts and built ZF* a powerful proof techniques both to create proofs of correctness and to prove that contracts execute in a limited amount of time.

But what does all this mean? What benefits that this brings? Stressing hackers, making them rush before Zen Protocol launches and forcing them to search for a new job is definitely a desirable benefit. However, to show how powerful ZF* really is, key advantages of Zen Protocol over Ethereum will be presented here for the first time that will give Zen Protocol a huge advantage and will attract people to build on it.

Zen Protocol: key advantages over Ethereum

First of all, smart contracts in Zen Protocol, thanks to ZF*, provide proof of resource bounds. Why is this important? Because there is absolutely no need to look up gas prices, to subtract gas prices or to check remaining gas like in Ethereum. In Ethereum Virtual Machine (EVM), nothing less than 60% of the time is spent just counting steps in this gas model. Zen Protocol has a 2.5x increase as only 40% of these resources are needed.

But there is still more. Since we are not concerned about gas prices in Zen Protocol, there is no need to represent smart contracts as a set of instructions like in Ethereum. In Zen Protocol, the source code can be kept, and this lets miners execute smart contracts faster and they are easier to optimize automatically. In other words, Zen Protocol is the first NoVM smart contracting platform: instead of using an interpreter and interpreted code, Zen Protocol uses compiled code. This is orders of magnitude faster.

Furthermore, because Zen Protocol is stateless, multiple contracts can be run at the same time. Assuming having only eight threads that would be 8x speed. Ethereum’s EVM runs smart contracts one by one. ERC20 tokens are smart contracts which is why ICOs for example can and have clogged the network before. In Zen Protocol smart contracts can run in parallel because there is no shared global state taking advantage of parallelism in modern computers.

Also, instead of having a first class or main token as ETH and then all the other second class ERC20 tokens, in Zen Protocol all tokens are first class UTXO. The implication of this is that smart contracts are not needed and simple transactions as in bitcoin blockchain can be done. In fact, Zen Protocol will be interoperable with the bitcoin blockchain.

In summary, Zen Protocol can process more smart contracts in less time than Ethereum, its smart contracts are faster to run than those in Ethereum and for transferring tokens there is no need of smart contracts as with Ethereum ERC20 tokens.

Formal verification is not a dream anymore.  Zen Protocol is here and it will be, without a doubt, one of the most important blockchains of 2018. But don’t trust me, see it for yourself: testnet is already available on the docs http://docs.zenprotocol.com/.

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Can Great Tech Products Suffer From Poor Marketing?

Can Great Tech Products Suffer From Poor Marketing?

Image is everything in business. The right illustrations, logo, and stock images can speak volumes about the essence of who you are and what you do as a company. The old adage of a picture speaking a thousand words goes to show that this has been the case for a long time. As humans, we respond to images. If the history of art has thought us anything, it is that there is always an audience for bold and beautiful things to look at, once they come in the right frame.

As our brains are hardwired to judge on the visual aspects of a person, company, and their actions, we can be persuaded into purchasing products and services through the medium of advertising alone. Striking images can attract the eyes like almost nothing else. Pictures from Focused Collection are a strong example of a company who further this point. For almost every adult over a certain age will tell you, sometimes “impulse buys” happen. The reason for our last-minute splurges and spontaneous purchases quite often come down to the image within the advertisement.

The importance of imagery to a business, therefore, cannot be underestimated. Procuring the right images – ones which will do a brand good rather than harm – is crucial. You want to stand out from the cacophony of advertisements and marketing material out there and sometimes, even if it is against our inner-nature, we must learn to adopt the understanding that those that shout loudest get the most attention.

The Dominant Sense

For those of us blessed with the wonders of good eyesight will know, the majority of things which our human minds are attracted to come via our vision. It is the most dominant of our senses and the one which forces the brain to work harder than any other. In fact, our eyesight is accountable for up to half of the human brain’s functioning powers, which, in turn, means that we are designed to respond to images.

Although the voracious reader may argue with this, text can only go so far to stimulate the human mind. It is the photos and images which resonate on a deeper cognitive level and this is not something which is breaking news.

Standing Out in the Crowd

If we imagine each and every company advertising online as a salesperson on the street, swarming an approaching consumer as they walk by, we get a picture of how invasive it can feel sometimes. When we clock off work and try to kick back at the end of a day, we will experience the same barrage of advertising material from our own devices. Most of the material we come across will be of no real use to us, we figure, so we simply ignore it. Every now and again ignorance is not an option.

To stand out in the crowd you must have the boldness and exuberance which warrants attention. The perfect imagery will not request the turning of heads, it will demand it.

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How to turn tutoring from a part-time job into a successful business

Tutoring is a fantastic way to earn some cash on the side. Whether you’re a full time student doing some tutoring after classes or on weekends, or just trying to help your friendly neighbors get their GEDs, it can be a very satisfying and fulfilling experience.

But is there a way you could turn that part time job into a successful business and start earning serious cash while doing something that you love?

We’re here to tell you that there is a way and that it’s much simpler than you think. You can use your tutoring skills to create something long lasting and meaningful and we’re here to show you how.

Create a website

Nothing is better at showcasing you and your business than a well made website. SITE123 is a free website builder that allows its users to create beautifully designed, fully responsive websites for free.

Use SITE123 to create a personal website that will make you look more professional and dedicated. Add your biography and your educational background to the About me page, and include testimonials from your former or current students.

Add a booking widget

You’ll need a powerful calendar/booking tool to keep track of all of your students and classes, and luckily SITE123 has a few amazing ones to offer.

SITE123 currently offers Zapla, SimplyBookMe and Tockify, some of the best online booking apps available today. It fits seamlessly into your website and simplifies your scheduling and record keeping.

It even sends out confirmation and reminder emails to your students when their appointment is due.

Add a pricing chart

Being transparent with your fees will make you look more professional and trustworthy. Browsing SITE123’s App Market, you’ll come across a few Ninja apps like Pricer Ninja and Charts Ninja. Add them to your website to make your pricing clear and visible. Add a short description of each class you teach and a price per hour per course.

Add videos

Having additional teaching material on your website will help your students learn more about your classes. Create a video and upload it via Huzzaz, a video gallery app you can add to your website. The player fits perfectly into any design and is incredibly fast and responsive.

Conclusion

Having an online base for your tutoring business will help it grow. Your students will have a quick and easy way to book appointments and share your website with their friends and family. Spending a lazy afternoon on your website can definitely bring more opportunities in the future.

Ready to grow your tutoring business? Create a website now.

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Why Federated Authentication is Important in Business

As the digital economy continues to grow globally, so does the number of digital entities. Therefore, there is a need to manage and protect the way private information is collected, distributed and used. It is very important to manage digital entities online. However, finding the desired manner to authenticate the right users is one of the biggest challenges. Failing to secure digital entities or distribute them correctly may lead to the exposure of information, which could consequently, be used for illegal purposes like identity theft.

Using Federated Identity Management

The idea of federated identity management is founded on the invention of worldwide online data exchange of business identities. It uses different applications and system identities. This is a more efficient way that uses a single sign-on since a user can own many accounts, usernames and passwords across numerous systems.

It also aims to improve the system’s cost efficiency by getting rid of many administrative roles. The approach does away with the need to open and manage many accounts, users and passwords from other systems. This discourages cybercriminal activities.

Federated Identity: Beyond the Organisation

Federated identity is where one enterprise, the identity provider verifies a user’s identity while another one, the service provider, offers computer services to the user. Instead of both organisations having to keep duplicate user identity information, which could have them bearing the cost of maintaining it, the employer is tasked with storing the user information and the other company has to trust the authentication offered by the employer. The user only has to sign on once and not at all the websites.

People use federated identity all the time without even realising. For example, when you drive a vehicle to a different province, it accepts that your home state has already verified your identity and ability to drive. The same applies to using a credit card; the merchant has to trust that the credit card company has verified that it is yours. Organisations can also build trustworthy relationships with one another to allow users of one firm to use computer systems of the other one.

Federated identity goes past technical details of how different servers communicate. It is the technology plus all the business policies and agreements that govern who is authenticated to use the services and for what purposes. The systems allow two organisations to agree on one identity for the computer system’s user, and they have different definitions of the user. This is a way of bringing together the two user’s profiles through a common definition that the two partners have agreed to share. The shared definition is hidden and can only be used between a pair of identity and service provider services. In case it is exposed, it can longer be used to log in anyplace else.

This means that a user can easily sign on and get authenticated by the mother organisation and still be able to access services that another firm provides without the need of signing on again. Contrast to this is the centralised identity system that would require the two firms to trust a third organisation with central storage of user information. Federated systems separate the security administration from the application while offering one interface for the two to communicate.

Federated authentication helps reduce security risks that are common in any duplicate login storage. Also, it gives users a more productive and error-free online experience. Its features aim at protecting their private data.

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How to Use Social Media Effectively as a Small Business

How to Use Social Media Effectively as a Small Business

Social media is an excellent tool for marketing certain businesses, but for others it is an inefficient time drain they wish to avoid. The smaller the business, the more difficult a time they have dealing with both monitoring social media and posting to it because they have fewer personnel resources.

Here are some suggested ways to approach dealing with social media as an SME to make it more manageable.

Choosing the Right Social Network

When you’re running a business that doesn’t have a great deal of time available for social media, you must make it accessible. It’s no good trying to manage 5-10 social media channels because a “being everywhere, all the time” strategy isn’t something that a busy SME can realistically handle. In a sense, companies must pick their battles, so to speak.

It is much better to post semi-regularly and be responsive to commenters and direct messages on one or two social platforms than attempt to cover all the major ones. Therefore, narrowing down which social media channels are the most useful for your company is the first step. One way to do this is to look at what your business’s peers are doing. If there’s a consistent approach of focusing on one or 2 social channels while limiting activity on the others, it’s best to follow the same strategy unless your company has a strategic reason not to do so.

Use software like HootSuite or SproutSocial to make managing multiple social accounts easier.

Protecting the Brand

A social media marketing agency is useful to advise about a content marketing strategy as it relates to social media. They have experts in this field who may even be experienced enough to specialize in a single social channel. Certainly, your business should have registered on all the other major social networks to protect the brand. If that’s not been done, then an agency can help accomplish that to lock up the accounts before a competitor or someone else decides to register them.  

What to Post on Your Channels?

Each social media channel has a different focus and tone.

Since Facebook started off life as a social sharing site, it has more of a personal feel. Business pages were almost an afterthought for the company and it still feels that way. Therefore, posts on Facebook tend to have a factual yet friendly tone from companies. People don’t respond well to a hard sell on the marketing front.

With Pinterest, this suits companies with lots of visual things to share. Either they have someone taking interesting photographs or they have product images to use. Images and video are regularly shared on Pinterest. The most successful companies can be found pinning images 10-30 times a day which is obviously time-consuming, so getting help to manage this level of image sourcing and posting makes it more manageable.

Posting Frequency vs Efficient Business Operations

The level of posting frequency depends largely on what is normal or expected from active accounts on the social platform. Obviously, if a business doesn’t have useful or interesting things to share five times a day, they should limit themselves to what’s both possible and viable for them. But be aware what is normal for different platforms as posting too infrequently is close to not posting at all in terms of effectiveness.

Getting your social media marketing plan to work is hard for most companies. It’s a good idea to hire experts for the role, especially if you’re Generation X and find the whole social thing a bit of a minefield.

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Microsoft to buy GitHub for $7.5 billion in an all-stock deal

Microsoft to buy GitHub for $7.5 billion in an all-stock deal

Confirmed: Microsoft will acquire GitHub for $7.5 billion

We had reported recently that Microsoft is in serious talks of acquiring GitHub, the largest source-code repository in the world. In an announcement made in a blog post on Monday, Microsoft has now officially confirmed that it would buy privately held coding website GitHub Inc. for $7.5 billion in an all-stock deal.

“Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation,” Microsoft CEO Satya Nadella wrote in a blog post. “We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world’s most pressing challenges.”

Nat Friedman, founder of Xamarin and current Corporate Vice President at Microsoft will lead as the CEO of GitHub, who takes over from GitHub’s current CEO and co-founder Chris Wanstrath. On the other hand, Wanstrath will become a technical fellow at Microsoft. Both will report to Scott Guthrie, Executive Vice President of the Microsoft Cloud + AI group.

“The future of software development is bright, and I’m thrilled to be joining forces with Microsoft to help make it a reality,” Wanstrath said. “Their focus on developers lines up perfectly with our own, and their scale, tools and global cloud will play a huge role in making GitHub even more valuable for developers everywhere.”

GitHub, is a popular web-based hosting service for software development projects that allows developers to use the tools of the privately-held company to store code, change, adapt and improve software from its public repositories for free. According to Microsoft, GitHub has more than 28 million developers already collaborating on the platform and are working on more than 85 million repositories of code.

Following the acquisition, GitHub will continue to operate independently and will remain an open platform, Microsoft said.

Nadella has increased its focus on serving software developers via cloud services irrespective of whether they are coding for Microsoft Windows or not.

“The era of the intelligent cloud and intelligent edge is upon us,” Nadella added. “Computing is becoming embedded in the world, with every part of our daily life and work and every aspect of our society and economy being transformed by digital technology. Developers are the builders of this new era, writing the world’s code. And GitHub is their home.”

Microsoft expects to report financials for GitHub in its “intelligent cloud” segment. The company projects that the acquisition will be added to add to its operating income in fiscal 2020 on an adjusted basis and have “minimal dilution of less than 1 percent” to adjusted EPS in fiscal 2019 and 2020.

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Microsoft in talks to buy GitHub, valued at $2 billion

Microsoft in talks to buy GitHub, valued at $2 billion

Microsoft could soon acquire code-repository GitHub at a price of around $5 billion

Microsoft, the software giant, is reportedly in serious talks of acquiring GitHub, the largest source-code repository in the world, reports Business Insider.

For those unaware, GitHub, is a web-based hosting service for software development projects that allows developers to use the tools of the privately-held company to store code, change, adapt and improve software from its public repositories for free. It has more than 23 million individual users in more than 1.5 million organizations.

GitHub was last valued at $2 billion after it had received $250 million in its last funding round in 2015. Currently, the suggested buying price for Microsoft may be $5 billion or even higher, based on a price that was floated last year. If the acquisition takes place, it may end up being one of the top five acquisitions by the Redmond giant of all time.

This is not the first time that talks of Microsoft taking over GitHub has emerged, as on-and-off conversations regarding acquisition have been happening over the years. In fact in 2016, Microsoft was reportedly toying the idea of buying GitHub, although the latter has denied those reports.

Apparently, GitHub is willing to carry out an agreement, if certain conditions are met, of which one is to remain independent and continue with the same dynamic that they are developing from the beginning, say sources of Business Insider.

According to a CNBC report, the discussions of buyout have heated up recently, which advanced from a planned joint marketing partnership valued around $35 million to a full acquisition.

The news of the takeover comes at a time when GitHub is reportedly find a replacement for CEO and founder Chris Wanstrath, who announced his resignation last year. At one point of time, Google’s senior VP of ads and commerce and Microsoft’s exec Nat Freidman were under consideration for the GitHub CEO’s role, a source told Business Insider.

Both Microsoft and GitHub have chosen not to comment on the newly surfaced acquisition rumors and speculations.

Source: ZDNet

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