Tag Archives: bad-request

Strong U.S. Dollar Impedes Global IT Spending Growth

Global spending on information technology is expected to decline 5.5% in 2015 because of the impact of the strong U.S. dollar, research firm Gartner (IT) said Tuesday. But factoring out foreign currency exchange effects, the market is projected to grow 2.5% this year, Gartner said. Gartner’s latest IT spending forecast is down from its previous forecast in April, when it predicted IT spending would decline 1.3% in U.S. dollars and grow 3.1% in

‘I Want Kandi,’ China Says As Electric Cars Get Boost

Kandi Technologies Group (KNDI) said its electric car joint venture nabbed a $44.3 million subsidy from the Chinese government during the second half of last year. The Jinhua, China-based Kandi Technologies Group is China’s top-ranked company in terms of pure electric vehicle sales and production figures. Its joint venture, Kandi Electric Vehicles Group, is run by it and Geely Automobile Holdings, the Chinese car manufacturer. The Kandi subsidy

Goldman Sachs Issues To-Do List For Google’s New CFO

Goldman Sachs says Google’s (GOOG) new CFO should take the bull by the horns by increasing transparency on YouTube and other parts of the business and making better use of the search leader’s $65 billion cash balance, perhaps with a stock buyback. Sustaining revenue growth will also be a challenge as the core search business matures and amid growing rivalries with Apple (AAPL), Microsoft (MSFT), Facebook (FB) and others, says Goldman Sachs analyst