Facebook has racked up plenty of milestones in its pioneering journey. Now the social media giant is poised to add one it would doubtless rather avoid: the biggest stock market wipe-out in American history.
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.
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.
Microsoft is going for the low-end of the personal computing market with a smaller, cheaper Surface Go tablet that takes on Apple’s cheapest iPads. The Surface Go has a 10-inch screen, about the same size as the
It’s becoming standard practice for US technology giants to follow the letter of European rulings and regulations without really changing their behaviour. Most recently, Facebook and Google have exhibited just a