Microsoft will conduct an up-to-$60-billion share buyback programme, raise its quarterly dividend by 11% and appoint company President Brad Smith as vice chairman.
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Five years ago, Microsoft and Google agreed to cease using their substantial lobbying firepower against each other. That truce, forged at the time by two new CEOs wanting a fresh start, expired in April.
Even as Microsoft hovers around a $2-trillion valuation, it may avoid being included in a US antitrust bills aimed at big technology companies.
Microsoft may revise a programme that shares coding flaws in its products with other companies after a suspected leak led to a sprawling cyberattack against Exchange e-mail clients globally.
Microsoft president Brad Smith has cast doubt on whether fintech companies should issue currencies, saying governments are still best-placed to play that role.
Google is under growing pressure to pay for information that, for two decades, the search provider snipped from the Web – and made a mint from – without paying a penny.
Microsoft is backing Epic Games in its fight with Apple. The company has been upset with Apple’s rules preventing it from releasing a cloud-gaming service that works with iPads and iPhones.
Microsoft president Brad Smith raised concerns to US lawmakers about what the company regards as Apple’s anticompetitive behavior around its app store, according to a person familiar with the matter.
Right now, data centres consume about 2% of the world’s electricity, but that’s expected to reach 8% by 2030. Moreover, only about 6% of all data ever created is in use today, according to research from Hewlett Packard Enterprise.
The US software maker is pledging to be “carbon negative”, meaning it will remove more carbon than it emits, by the end of the decade.