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SAN FRANCISCO, United States (AFP) — Microsoft on Wednesday said its profit in the recently ended quarter soared on the back of revenue from services hosted in the internet cloud and its career-focused social network LinkedIn. Microsoft reported net income of $8.8 billion on revenue of $29.1 billion in the quarter that ended on September 30, up 34 percent and 19 percent respectively from the same period a year earlier. Shares in the Redmond, Washington-based […]
SAN FRANCISCO, United States (AFP) — Billionaire Paul Allen, who founded US software giant Microsoft with Bill Gates in the 1970s, died Monday after his latest battle with cancer. He was 65. “My brother was a remarkable individual on every level. While most knew Paul Allen as a technologist and philanthropist, for us he was a much loved brother and uncle, and an exceptional friend,” Allen’s sister Jody said in a statement. “Paul’s family and […]
SAN FRANCISCO, United States (AFP) — Billionaire Paul Allen, who founded US software giant Microsoft with Bill Gates in 1975, revealed on Monday he is in a new battle with cancer. Allen said in a tweet and at his website that non-Hodgkin’s lymphoma he fought into remission nine years ago has returned. Incurable cancer affects white blood cells. “My team of doctors has begun treatment of the disease and I plan on fighting this aggressively,” […]
LOS ANGELES, United States (AFP) — The head of Xbox on Sunday said Microsoft is hard at work on a next-generation console along with a cloud service that would let players stream games to any device. Microsoft is adding five new game studios, one it is creating in Southern California and another four it is buying, Xbox team chief Phil Spencer said. “We are making one of our greatest single year’s investments in teams by […]
WASHINGTON, United States (AFP) — Microsoft said Thursday profits rose sharply in the past quarter, lifted by gains in its core cloud computing operations for the business. The tech giant reported earnings were up 35 percent to $7.4 billion in the fiscal third quarter, with revenue rising 16 percent to $26.8 billion. Once the world’s biggest corporation, Microsoft has shifted its focus away from its consumer software to business services using its cloud computing platform […]
by Rob Lever Agence France Presse WASHINGTON, United States (AFP) — Microsoft faces off with the US government before the Supreme Court Tuesday over a warrant for data stored abroad that has important ramifications for law enforcement in the age of global computing. The case, which dates back to 2013, involves the US warrant ordering Microsoft to turn over the contents of an email account used by a suspected drug trafficker, whose data is stored […]
SAN FRANSISCO, United States (AFP) — Microsoft on Wednesday reported a hefty loss in the past quarter, as it set aside billions of dollars for taxes on profits it expects to bring back to the United States following passage of a major tax overhaul. The technology giant said its loss for the quarter to December 31 was $6.3 billion — as it took a charge of $13.8 billion to pay its taxes. Revenue for Microsoft’s fiscal second […]
LOS ANGELES, United States (Reuters) — The century-old Los Angeles Auto Show kicked off its press preview earlier this week with a focus on how to make green cars more connected. In addition to the stunning debut of many new cars from top brands, the cooperation between IT companies and automakers has grabbed the most spotlight. IT giant Microsoft unveiled its cloud computing service platform for green cars at the show. Many car manufacturers said […]
WASHINGTON, United States (AFP) — Google, Facebook and other tech firms joined global news organizations Thursday in an initiative aimed at identifying “trustworthy” news sources, in the latest effort to combat online misinformation. Microsoft and Twitter also agreed to participate in the “Trust Project” with some 75 news organizations to tag news stories which meet standards for ethics and transparency. “In today’s digitized and socially networked world, it’s harder than ever to tell what’s accurate […]
WASHINGTON, United States (AFP) — Microsoft co-founder Bill Gates announced Monday that he is investing $50 million to fund research into treatment for Alzheimer’s disease. Gates, in an entry on his blog, said he was making the investment from his personal fortune and not with his charitable Bill & Melinda Gates Foundation. “Of all the disorders that plague us late in life, one stands out as a particularly big threat to society: Alzheimer’s disease,” Gates […]
WASHINGTON, United States (AFP) — Major US tech firms reversed course Friday and endorsed a proposal in Congress which could hold website owners liable for human trafficking. The Internet Association, which includes giants Facebook, Google, Microsoft and Amazon, said in a statement it supported the measure after reaching a compromise with legislative sponsors. The association “is committed to combating sexual exploitation and sex trafficking online” president Michael Beckerman said in endorsing the Stop Enabling Sex Traffickers Act (SESTA). “Important […]
SAN FRANCISCO, United States (AFP) — Microsoft on Thursday delivered stronger-than-expected earnings for the past quarter, lifted by gains in cloud computing and other business services. For its first fiscal quarter to September 30, the tech giant said profit was up 16 percent from a year ago to $6.6 billion. Revenue meanwhile rose 12 percent to $24.5 billion for the one-time tech sector leader which has shifted its focus away from consumer software to a […]
