Microsoft’s earnings report and forecast cheered investors, providing further evidence the company can increase cloud sales and squeeze more profit from the area while cutting into Amazon.com’s massive industry lead.
Author: Agency Staff
Microsoft’s cloud-fuelled turnaround persisted in the fiscal fourth quarter, when sales and profit got a boost from customers signing up for more Internet-based storage, processing and Office productivity software.
For more than two years, a small and stealthy group of engineers within Google has been working on software that they hope will eventually replace Android, the world’s dominant mobile operating system.
US President Donald Trump lashed out at the European Union’s $5-billion fine against Google over its mobile phone operating system in the latest trade-related salvo fired from the White House.
Facebook CEO Mark Zuckerberg has walked back on comments that appeared to defend Holocaust deniers, after trying to explain how careful the social-media giant tries to be before kicking people off the
Google will be fined about €4.3-billion by the European Union over apps for Android mobile devices, setting a global record for antitrust penalties, according to a person familiar with the EU decision.
Cryptocurrencies extended their rebound on Wednesday as bitcoin traded above $7 500 for the first time in a month, shrugging off security and regulatory concerns that have plagued the digital currency.
Harry Pokrandt spent the last year scouring the Earth for real estate with two main characteristics. He needed cold weather, to keep his computer servers cool, and cheap electricity, to keep them running 24 hours a day.
Netflix stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video-streaming service has become an investment bubble. The shares plunged as much as 15%.
Facebook bestrides the Earth. It attracts nearly 1.5 billion users a day, commands a fifth of global online advertising revenue and has a market capitalisation that exceeds the GDP of many countries. But breaking it up is the wrong approach.