Sentences with phrase «run by billions»

Fully automated homes, smart vehicles, agricultural equipment and even entire smart cities are on the horizon, all run by billions of tiny robots and interconnected sensors.

Not exact matches

The 81 - year - old government - run financial institution, known as the Ex-Im Bank, provides much - needed to support to exporters through guaranteed loans and credit insurance, and by its own reckoning, it has returned $ 7 billion to the U.S. Treasury over the last 20 years.
More than 3 billion people watched Germany beat Argentina in the final of the 2014 World Cup, run by FIFA, the international football body.
Treasurer Mike Nahan has defended legislation he introduced to end the long - running $ 1.7 billion Bell Group legal story after it was criticised by the Australian and Western Australian bar associations.
A panel of three entrepreneurs discussed the relationship between purpose and profitability in greater depth: Pocket Sun, who, as founding partner of female - focused VC firm SoGal Ventures, has a purpose of «building an empire for millennial women to invest in startups»; Eileen Gittins, a serial entrepreneur who founded book self - publishing firm Blurb and now runs Bossygrl, a mobile app meant to introduce Gen Z girls to entrepreneurship by helping them launch micro-businesses; and Cathie Reid, co-founder and current digital advisor to Icon Group, an Australian cancer - care company with annual revenue of more than $ 1.5 billion.
Hydrogen truck startup Nikola Motor has hit Tesla (tsla) with a $ 2 billion patent infringement lawsuit that accuses the company run by CEO Elon Musk of stealing certain aspects of its semi truck design.
Cloud - based software maker Salesforce.com Inc. said it would buy Demandware Inc., whose software is used by businesses to run ecommerce websites, for about $ 2.8 billion.
They are probing Societe Generale SA over allegations of bribery related to the bank's work with the Libyan Investment Authority, while Airbus SE reportedly risks a fine in excess of $ 1 billion in a case also run by U.K. watchdogs.
• Kakao Mobility, the South Korea - based ride - hailing service platform run by Kakao Corp, raised 500 billion KRW ($ 437 million) in funding from TPG.
While the express delivery company didn't take off immediately — at one point, he resorted to saving the company with an emergency trip to Vegas and wiring money he made at Black Jack — by the late 1970s, Smith was on his way to building the $ 48 billion company he still runs today.
The company, which is run by a mostly female executive team, is valued at more than $ 1 billion.
Despite more than paying for itself — by its own reckoning, Ex-Im Bank has returned $ 7 billion to the U.S. Treasury in the last two decades through interest on guaranteed loans and credit insurance — the 80 - year - old government - run financial institution is a sunset agency.
That's only a fraction of Uber's $ 41 billion valuation, but Lyft generally doesn't behave like it's run by immature frat boys and it has those pink moustaches, so score another couple points for the underdog.
Setad, a foundation meant to help the poor and run by the supreme leader reportedly without oversight, was worth $ 95 billion at the time.
Dell Technologies, run by Dell founder and PC pioneer Michael Dell, is the result of the $ 67 billion merger between the two companies in 2015, which created the largest privately held technology company in the world.
It has successfully run a bitcoin exchange - traded product for the last two years that can be accessed by European investors in multiple countries, and the products have attracted more than $ 1 billion.
Meanwhile, Microsoft (msft) claimed big gains in its cloud business, with CEO Satya Nadella boasting to analysts that the company has an annualized revenue run rate of $ 20.4 billion that is extrapolated from one recent month's sales multiplied by 12.
Owned by Chinese internet giant Tencent, the still - independently run Riot Games books $ 1.6 billion in sales.
So is the cost: Biden estimates his plan will run $ 80 - $ 110 billion to implement, an upper boundary in line with estimates floated by John Edwards, Bill Richardson, and Hillary Clinton.
It might take a while for some of these companies to have $ 20 billion in revenue, but I see a much more robust crop of serious companies that are well financed that are run by intelligent people and are tapped into the trends of where technology is going.»
The screen flashed «Vornado,» the name of the $ 2.8 billion (revenues) REIT run by investor Steven Roth.
Maverick Capital, the $ 10.5 billion hedge fund run by Lee Ainslie, is betting big against the smartphone market.
That's why he's distributing his billions through foundations run by his friend Bill Gates, Doris, and his three children, Howard, Susan and Peter.
This past November, the San Francisco - based Strava announced a huge update to its global heat map of user activity that displays 1 billion activities — including running and cycling routes — undertaken by exercise enthusiasts wearing Fitbits or other wearable fitness trackers.
Men and women can create billion - dollar companies, but the current VC model, because it is largely run by men, is skewed to favor the style of male - run companies.
Despite the backlash, the SNB will face from those who are nursing potential losses that could run into billions, many analysts thought the decision was inevitable in light of next week's expected announcement by the ECB to break new ground in its efforts to inject life into the ailing 19 - country eurozone economy.
His Buffalo Billion (as in dollars invested) project — although the subject of federal and state bid - rigging probes — is highlighted by a 1.2 - million - square - foot «gigafactory» that will be run by Elon Musk's SolarCity and fabricate up to 10,000 solar panels per day.
Billions of dollars in crypto have already been stolen, and * most * of the ICOs I see are horrible ideas run by people who have no track record or ability to execute.
The bank tried to switch 5 million customers and 1.3 billion records to software run by its Spain - based parent Sabadell from a system operated by Lloyds Banking Group Plc, which spun off TSB three years ago.
The company is battling with the India arm of Amazon.com Inc. and local rival Snapdeal (run by Jasper Infotech Pvt. Ltd) for market share and dominance of India's e-commerce market, estimated to be around $ 38 billion, according to the Associated Chambers of Commerce and Industry.
Investors, meanwhile, aren't thrilled with Tesla's plan to pay US$ 2.6 billion for solar panel installer SolarCity, run by Musk's cousin, lest it distract Musk from the missions at hand.
The ruling, delivered Monday, May 15, by U.S. District Judge William Alsup, put Uber on the losing end of the battle, slowing its plight in the race to dominate the burgeoning self - driving industry, which market analysts believe could be worth billions of dollars in the long run.
Just as the annual Kentucky Bourbon Festival geared up for another successful run last Tuesday, Gov. Matt Bevin helped kick off events by praising the $ 8.5 billion industry for its incredible impact on the state's economy and boost in tourism.
Just as the annual Kentucky Bourbon Festival geared up for another successful run last Tuesday, Gov. Matt Bevin helped kick off events by praising the $ 8.5 billion industry for its incredible...
The flagship large - cap fund run by Miller (left), the $ 4 billion Legg Mason Capital Management Value Trust, gained 6.6 % this year, trailing 98 % of similarly managed funds, Bloomberg data show.
«we estimate the last 1.5 percentage point reduction in corporate tax rate would increase Canadaâ $ ™ s capital stock by about $ 30 billion and employment by about 100,000 jobs in the long run (4).
Australian hospital operator Healthscope said on April 26 it had received an unsolicited A$ 4.1 billion ($ 3.1 billion) buyout offer from a group led by BGH Capital, a new fund run by the former co-head of TPG Capital Asia.
Leith Wheeler is a respected investment firm run by a team of partners with over $ 18 billion under management.
I'm not sure how Obama thinks he can smooth this one by all Federal taxpayers outside of the State of Illinois (which itself is running something like an admitted $ 21 billion budget deficit).
The trade implications are clear: China ran a $ 22 billion trade surplus, and the U.S. trade deficit increased by $ 19 billion.
Because the current account ran a $ 22 billion surplus, the sum of the capital account and the central bank account had to run a $ 22 billon deficit, and given that the former was in $ 30 billion surplus, the later must have run a $ 52 billion deficit, that is, central bank reserves rose by $ 52 billion.
To return to our example, we want to understand what will happen if China runs a $ 22 billion trade surplus and exports the full amount to the United States, which causes the U.S. capital account surplus and the US current account deficit both to rise by $ 19 billion.
By WindowsITPro Verizon Communications Inc. agreed to buy Yahoo! Inc.'s web assets for $ 4.83 billion, ending the company's two - decade run as an independent business that took it from Stanford University startup at the dawn of the internet...
The executives» corner - cutting on compliance adds to the embarrassment and regulatory headaches for Zurich - based Credit Suisse, which has had to pay billions of dollars of fines to U.S. authorities in recent years over a wide range of allegations, including mis - selling of mortgage - backed securities, deficiencies in its anti-money-laundering program, front - running clients on foreign - exchange trades and violating U.S. sanctions by secretly funneling money from Iran through American banks.
What's more, Apple was running billions in profit through multiple Irish subsidiaries, neither of which were taxable by the US government.
The tax changes will save Walmart $ 2 billion a year, according to estimates from Making Change at Walmart, a campaign run by the United Food and Commercial Workers International Union.
However, the deficit has been eliminated by the decision to continue to run a surplus of over $ 3 billion per year in the Employment Insurance account until 2017.
While the points made by these gentlemen are both valid and critically important, they fail to take note of four other dangerous subsidies: (1) the market perception that the Washington and Wall Street revolving door has rendered these firms immune from prosecution — even for repeated, illegal cartel behavior; (2) the ability to spend billions buying back their own stock, effectively propping up their own share price and bad behavior; (3) self - regulation with compromised bodies creating the market perception and reality of a competitive edge; and (4) Congress and the Supreme Court tolerating Wall Street running its own private justice system (mandatory arbitration) where corrupt acts are kept hidden from public view until they blow up into catastrophic events to the economy.
The net income deficit increased by about one - third over the year to the September quarter 2004, to $ 7.2 billion, and is running at its highest share of GDP since 1997.
Run by a US - educated Kurdish financier, Baghdad - based Rabee Securities ran the only significant deal on the Iraq Stock Exchange last year when it listed Asiacell Telecommunications to allow majority shareholder Qatar Telecom to acquire minority interests for $ 1.3 billion.
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