Search results for "microsoft"

Russia Blocks Facebook, Passes 'fake news' Law; LVMH, Microsoft Halt Sales

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing “fake news” raised the stakes in Moscow’s fight with foreign corporation. Friday marked an escalation in the dispute that began after the invasion of Ukraine. Russia blocked a wave of media […]

Microsoft Offers Strong Forecast, Lifting Shares

Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud unit. The outlook soothed concerns about growth sparked by results for the December quarter, which initially dragged on Microsoft’s shares in after-hours trade. But the shares reversed course following the outlook, trading […]

Microsoft's Activision Deal Holds Climate Quarrels

In the past, Microsoft has built strong environmental, social, and governance policies around itself, and now with the latest Activision Blizzard acquisition news, the Big Tech giant could be facing years of work to bring the gaming titan in alignment with its sustainability policies. The Big Tech giant is already setting in motion plans to […]

Blizzard: A Thread Leading Microsoft into the Metaverse

When Microsoft unveiled its plans to acquire gaming titan Activision Blizzard on January 19, the tech scene was swift away with one newsflash. A deal, if it came to fruition, could be commemorated in Microsoft’s history as the first stone that pathed its way into the Metaverse.  The $75 billion deal’s announcement was led by a 15-minute […]

Microsoft Outlook Down in the UAE

On Wednesday, the United Arab Emirates (UAE) was struck with its Microsoft Outlook services outage. Several users went to social media platforms to shine a light on the events taking place, complaining that they could not access their emails, either by web or mobile browsers. The Big Tech titan was tagged in almost every post, […]

Microsoft to acquire Digital Ad Platform from AT&T

AT&T announced plans to sell its online advertising platform Xandr Inc. to Microsoft, a move that will welcome the Big Tech giant into the digital marketing field. The tech titan stated that Xandr’s digital ad marketing strategies would fundamentally heighten advertising and retail media capacities. Only last year, AT&T disclosed plans to put on the […]

UK antitrust watchdog investigates Microsoft's Nuance deal

British antitrust regulators are opening an investigation into Microsoft’s $16 billion acquisition of speech recognition company Nuance in the latest sign they’re tightening scrutiny of big technology deals. The Competition and Markets Authority said in a brief statement Monday that it’s looking into the purchase because of concerns that it could result in a “substantial […]

Microsoft Mesh mixed reality joins metaverse league with Teams

Microsoft joins the metaverse legion by announcing Tuesday the development of a Microsoft Mesh Mixed Reality inside Teams by directly inserting virtual experience platform Mesh to endorse the integration of virtual spaces for consumers and business. The Big Tech titan revealed that following the overtake of the COVID-19 pandemic and the world’s shift towards remote […]

Microsoft tops Apple as the world’s most valuable company

Apple Inc. was toppled aside from its throne as the world’s most valuable public company by Big Tech fellow, Microsoft, after the iOS developer’s market share fell on Friday by almost 2 percent. The fluctuation arises from Apple’s financial report for the fiscal year 2021, revealing unusual results – despite failing to meet Wall Street’s earnings expectations […]

Microsoft profit up 24% in quarter, driven by cloud growth

Growth in Microsoft’s cloud computing business helped push its profit up 24% in the July-September quarter over the same time last year. The Redmond, Washington-based tech company on Tuesday reported quarterly profit of $17.2 billion, or $2.27 per share, beating Wall Street expectations of $2.08 per share. Microsoft profits have soared throughout the pandemic thanks […]