Its good for all of us to appreciate just what a high risk, high reward investment is all about. So if that was a progress of technology and super duper engineering challenges that had to be overcome, a lot of people as you might guess came and went. And it involved multidisciplinary teams of people who did the numerical relativity for computers so thats new in the first gravitational wave was detected. And what the source was, that was two colliding black holes that were in a postbinary system. The most recent gravitational wave detection to neutron stars emerging. So its, but it was a very long tail. There are many many directors, many and its a Program Officers involved National Science board, they changed over large number of times during that interval and had to improve all the funding and that of Course Congress of course was the ultimate arbiter of appropriations and making the decision to continue an investment but nobody was quite sure what would have a result so how risky is
And how and why do things go viral online . We meet one of the firms that says it can do it all for you for a price. Well get the inside track on the world of online marketing. Today, we want to know do social media ads reel you in or switch you off . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to business live. Packed as usual so lets get started. Does europe need to do more to protect itself from foreign takeovers . From german manufacuring to greek ports and uk data centres, theres growing concern about how to make sure investment doesnt cost know how. And eu trade ministers are discussing this at their meeting in bulgaria today. Foreign direct invesment into the eu thats when Companies Invest their money in Foreign Countries came in at 370 billion last year. Not all of it is considered uncontroversial. The president of the European Commission Jean Claude Juncker said in september, europe must always defend its Strategic Interests such as technology, defence and
From foreign takeovers . Across the European Union its an issue of growing concern with eu trade ministers meeting today to discuss the latest developments. Foreign direct invesment into the eu thats when Companies Invest their money in Foreign Countries came in at 370 billion last year. Not all of it is considered uncontroversial. President of the European Commission Jean Claude Juncker said in September Europe must always defend its Strategic Interests such as technology, defence and infrastructure. One of the biggest deals to spark concerns was the 2016 purchase of kuka germanys largest maker of Industrial Robotics by chinas midea for 5. 5 billion dollars. And there is particular concern about companies linked to foreign governments. As china looks increasingly overseas at technology and manufacturing interests, its investors spent a record 43 billion on eu purchases in 2016. Thats almost double the previous year. Just yesterday germanys financial regulator said it would look into t
Online commerce bow heamage turning a profit and holding its market capacity the likes of walmart, General Electric and jpmorgan. Amazon pulled down 19 cents a share in earnings forecast for a loss of 14 cents. Revenue topped expectations and rose nearly 20 to 23 billion in just the 3 month quarter. Shares rocketed higher initially, and that sharp rise added billions to the net worth of ceo and founder. Josh lipton has more on amazons remarkable quarter. A big number that caught a lot of investors by surprise and that earnings release, 1. 8 billion, that is the revenue that amazon said it generated in the quarter from Amazon Services its Cloud Computing division that competes with riv will as like microsoft. It was better than expected in a step up from just 1 billion in a year ago period. Operating income was also better than expected. Amazon only started breaking out that performance a couple quarters ago, so this is still new and exciting news for amazon. A big source of money for t
Online commerce bow heamage turning a profit and holding its market capacity the likes of walmart, General Electric and jpmorgan. Amazon pulled down 19 cents a share in earnings forecast for a loss of 14 cents. Revenue topped expectations and rose nearly 20 to 23 billion in just the 3 month quarter. Shares rocketed higher initially, and that sharp rise added billions to the net worth of ceo and founder. Josh lipton has more on amazons remarkable quarter. A big number that caught a lot of investors by surprise and that earnings release, 1. 8 billion, that is the revenue that amazon said it generated in the quarter from Amazon Services its Cloud Computing division that competes with riv will as like microsoft. It was better than expected in a step up from just 1 billion in a year ago period. Operating income was also better than expected. Amazon only started breaking out that performance a couple quarters ago, so this is still new and exciting news for amazon. A big source of money for t