In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The gig economy breeds such horrendous inequality because it lets corporations base pay solely on somebody’s contribution to the platform. To explain; Disney made $1.2 billion in a weekend from Avengers: Endgame, while a contractor might make $1 or $2 from a cataloged photo. Thus, Downey gets to fly around in private jets and live in Malibu, while Mechanical Turk jobbers stand in line at the food bank.
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In addition, Microsoft can offer next generation solutions such as Linux, the blockchain, cryptocurrencies, Ethereum, the internet of things (IoT), sidechains, and memached servers through GitHub. Another lucrative use of GitHub is joint ventures.
For example, Microsoft and Walmart (NYSE: WMT) are entering into a five-year strategic cloud partnership called 4.co. In 4.co engineers from both companies will develop internal apps utilizing Microsoft Azure and migrate Walmart operations the cloud, VentureBeat reports.
The 4.co team can leverage GitHub by using it to hire developers and make money by selling apps through GitHub. Moreover, the 4.co could greatly increase its brainpower and expertise with GitHub developers.
Planned 4.co projects that could leverage GitHub include internal chatbots, food-spoilage tracking, sensors, and improvements to Microsoft’s register-less ordering. The 4.co team will operate out of an office in Austin, Texas.
Thus GitHub is worth the risks for Microsoft. In particular, GitHub greatly increases Microsoft’s R&D capabilities without massive investments in new facilities or people
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Microsoft (NASDAQ: MSFT) can easily afford it. On June 30, 2018, Microsoft Corp reported a gross profit of $20.343 billion on 2nd Quarter revenues of $30.085 billion. Therefore, Microsoft can afford to give away patents.
Microsoft could distribute the software through GitHub; which it purchased for $7.5 billion in June. Notably, the OIN announcement came right before the European Commission approved the GitHub deal. To explain, Microsoft needs Commission approval to operate GitHub in the European Union.
GitHub is the perfect place to distribute the OIN patents because it is the world’s largest open-sourced software repository. In detail, GitHub serves 1.8 million organizations and 28 million software developers.
Unfortunately, news articles do not say which software will be released on GitHub.
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Since its founding, eBay (NASDAQ: EBAY) has acquired the staggering 59 companies overall. Some of these companies are also in the online auction industry, such as iBazar and Tradera. Some of eBay’s biggest buys were Skype in 2005 and PayPal in 2002.
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The GitHub acquisition is good news for Microsoft shareholders because the company has a long history of successfully monetizing software and profiting from new markets. Microsoft is in a great position to cash in on GitHub because it is making a lot of money from its core business.
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