It’s four decades since mainframes comprised pretty much the entire computer industry. But while the machines still remain crucial in the PC/network/Internet age, the technology’s cachet with the tech workforce has taken a big hit. And computer companies see big trouble ahead. A lack of adequate staff to replace the aging workforce that makes and maintains mainframes and their applications tops the concerns of 350 CIOs surveyed by Compuware. The
Netflix (NFLX) climbed to a new high in the stock market today as market tracking firm IHS sees Europe as a huge gold mine for the video streaming service. IHS forecasts that Netflix’s subscribers in Western Europe will number more than 21 million by 2019, seven times the 3 million subscribers there in 2013. Such growth means that Western Europe could account for nearly a quarter of Netflix’s total subscribers. Shares popped up 3% in above average
CEO Elon Musk told stockholders at the annual Tesla Motors (TSLA) stockholders meeting late Tuesday that Tesla’s on track for continued steep growth. “It seems likely that we’ll be able to maintain a roughly 50% average growth rate per year for several years to come,” said Musk. “It won’t be 50% each year, but I think 50% on average is a quite achievable target.” Tesla will be looking for a new chief financial officer as current CFO Deepak Ahuja