Tech-takeovers to power the next leg of this bull market

The booming tech sector is gearing up for a wave of consolidation, as some companies discover they don’t have a business model, others find that they don’t have the cash to compete in a ferociously competitive market [Twitter] has been, by one measure, a huge success. It has a more than 300 million regular users and often dominates conversation in the media. But unlike Facebook, it has never convincingly found a way of translating that chatter into serious revenues. Some companies can’t keep up with the investment required. Take Netflix, for example. It has built a fantastic model, and is turning traditional TV upside down. But all those new shows are hugely expensive to make and will take vast sums of money to pay for them all. The upcoming ‘The Crown,' telling the story of the Queen, is costing $130 million, making it the most expensive TV show ever. Source: The Telegraph (UK) (VIEW LINK)

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.