Search results for "microsoft"

EXPLAINER: What caused Amazon's outage? Will there be more?

Robotic vacuum cleaners wouldn’t start. Doorbell cameras stopped watching for package thieves, though some of those deliveries were canceled anyway. Netflix and Disney movies got interrupted and The Associated Press had trouble publishing the news. A major outage in Amazon’s cloud computing network on Dec. 7 severely disrupted services at a wide range of U.S. […]

Asian markets bounce back from omicron sell-offs

Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and other benchmarks in Asia also were higher. Much of the concern over the outlook has been driven by […]

Alibaba assures investors with 2030 Climate Agenda

E-commerce giant Alibaba eased its financial backers during its annual Investors’ Day on Friday as the company maintained its rise and is seeking to explore operational environmental sustainability goals by 2030. Over the past year, the Chinese titan has been fighting off a bundle of challenges directed at it, be it regulatory or in-house challenges, […]

European Parliament backs new rules directed at Big Tech

European Union (EU) lawmakers backed a set of new rules on Wednesday directed at breaking down the authority of the Big Tech league in an unprecedented act to restrict their influence. The Digital Market Act (DMA) was structured to restrict limitations on these companies’ demeanor, in addition to imposing rules directed at their plans to […]

Asian shares mostly lower after tech-led retreat on Wall St

Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]

Sony to bring PlayStation to phones, PlayStation Now

After Microsoft and Apple, Sony is preparing to launch its PlayStation Now cloud gaming service on mobile phones, a confidential document reveals. As such, the documents noted that “The service would stream over 450 PS3 games at first, and follow up with PS4 titles.” Apple mentioned the PlayStation Now expansion as it was in the […]

'The internet's on fire' as techs race to fix software flaw

A critical vulnerability in a widely used software tool — one quickly exploited in the online game Minecraft — is rapidly emerging as a major threat to organizations around the world. “The internet’s on fire right now,” said Adam Meyers, senior vice president of intelligence at the cybersecurity firm Crowdstrike. “People are scrambling to patch,” […]

Stocks end higher, closing out best week since February

Technology companies led a rally on Wall Street that powered the S&P 500 to an all-time high and gave the index its best weekly gain since February. The S&P 500 rose 1%, enough to recoup its losses from a day earlier. The benchmark index closed higher four of the last five days, finishing 3.8% higher […]

Crypto execs head to Capitol as Congress mulls regulations

Cryptocurrency executives went to Capitol Hill Wednesday to say their fast-growing industry understands more regulation is likely coming, but they don’t want it to squelch the next wave of the internet or send it offshore to other countries. Leaders from major crypto exchanges, mining and other related businesses testified for four-and-a-half hours before the financial […]