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SAN FRANCISCO, United States (AFP) – Microsoft on Tuesday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers. The Washington state-based tech giant — owner of LinkedIn, Xbox and Windows — said overall sales rose just two percent in the October-to-December period, to $52.7 billion, the slowest rise in six years. Net profit landed at $16.4 billion for the quarter, down […]
SAN FRANCISCO, United States (AFP) — Facebook on Wednesday began letting businesses in the US or Canada post jobs and take applications from jobseekers, posing a challenge to Microsoft-owned LinkedIn. The platform’s users will be able to find help-wanted posts at business pages on Facebook or by looking in a new ‘jobs’ bookmark on the leading social network’s mobile application. “Businesses and people already use Facebook to fill and find jobs, so we’re rolling out […]
WASHINGTON, United States (AFP) — Microsoft on Thursday reported a rise in profits over the past quarter, showing gains in cloud computing and other new areas of focus as it absorbed the LinkedIn social network. The US tech giant said profits rose 3.6 percent in the second fiscal quarter to $5.2 billion, while revenues edged up one percent to $24 billion. The US tech giant, which is shifting away from dependence on software to a […]
by Rob Lever WASHINGTON, United States (AFP) — Microsoft said Monday it was buying the professional social network LinkedIn for $26.2 billion in cash, a move that would help refocus the US tech giant around cloud computing and services. With its biggest-ever acquisition and one of the largest in the tech sector, Microsoft is taking a big step into the world of social networking, adding a new tool for its efforts to boost services for […]
