After a year of tough headlines, the world’s biggest technology companies showed last week that they’re powering through, continuing to rake in cash and invest in future growth.
Browsing: Microsoft
After spending August experimenting with a four-day work week in a country notorious for overwork, Microsoft Japan said sales per employee rose 40% compared to the same month last year.
Microsoft has won the sought-after Jedi cloud computing contract with the Pentagon, dealing a blow to the market leader, Amazon.com, which had been the front-runner.
Jeff Bezos is about to relinquish the title of world’s richest person to Bill Gates, as Amazon.com shares tumbled in late trading on Thursday.
Microsoft rose on Thursday as first quarter results topped estimates and boosted analyst confidence, with Jefferies writing that the software giant should be able “to weather any storm”.
Booming cloud business and Office products helped Microsoft deliver healthy quarterly financial results, while Xbox and Surface slowed down, the company has reported in its latest results.
Promoted | With the cloud becoming a strategic priority for many organisations, the groundwork SilverBridge has done through its partnership with Microsoft is positioning it strongly for the next phase of its journey.
Facebook has dropped out of the top 10 most valuable global brands as Apple, Google and Amazon retained the first three places.
IBM reported third quarter revenue that missed Wall Street estimates, with the long-awaited revenue infusion from Red Hat failing to compensate for continued declines in other parts of its business.
Amazon Web Services said on Wednesday that Old Mutual has struck a wide-ranging deal with the South African financial services group to shift a large portion of its IT workload to the cloud.