Turned a has not profit and is losing more money than it is making. With me is our tech editor ari leavy as well as leslie picker in new york. Skype is thea director of a financial resource company. Francis, what is your top line take on these numbers . I look to a lot of the Cloud Companies focused on enterprise software. I look at the Quarterly Earnings , loss, and sales. For the most recent quarter, they had less than 40 million in revenue. Their loss was more than 40 million. They are riding the wave of the Cloud Company hysteria. I think it is premature. I did speak to aaron leavy, the ceo of box, about the timing of the ipo. He has always said 2014 is the year. Take a listen to a portion of that interview. Ipo is on the path. You told us 2014. Are you still on track for that . I have said words like it could happen that year. I think i would still use those words. He is one of the more colorful ceos in the tech community. Ari, what do you make of the timing is to mark why now . T
Interested in a deal with ge as it scraps its dividend. While media reports suggests siemens is pulling out of the bidding. And investors react to the vicious business plan, they say the ceo is being too optimistic with his turnaround goals. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello, warm welcome to todays edition of worldwide exchange. Plenty to get through today. Well be talking about autos, phil lebeau will be talking about tesla. Well talk about janet yellen. First, alibaba has filed fon an ipo after weeks of anticipation. The filing offers a look at a business that controls around 80 of chinas online commerce market. Eunice is in beijing for more. Shes been waiting for this for some time as well. 2,300 pages in this filing. But key questions unanswered. Definitely key questions unanswered. I think everybody wants to know wheres the price, how many shares are going to be sold . Give us more detail exactly about what this ipo is all a
Meeting arranged on Facebook descended into violence in Dover Road, Folkestone kentonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kentonline.co.uk Daily Mail and Mail on Sunday newspapers.