Hardware & electrical equipment
Microsoft joins Apple in the US$2trn club as cloud demand booms
Working from home is driving a boom in cloud-based services
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NASDAQ:MSFT
Microsoft Corp is a technology company. The company develops and supports software, services, devices and solutions. Microsoft Corp’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing.
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Hardware & electrical equipment
Working from home is driving a boom in cloud-based services
The video game chat app, valued at around US$7bn, has reportedly ended negotiations for a potential merger with the computing giant, rekindling speculation of a possible IPO
Augmented reality allows information to be overlaid on what the wearer is seeing through glasses or a headset
The tech giant's emailing system has been targeted by hackers twice in recent months, threatening the security of thousands of businesses that use it for their own communication
The online communication platform, a staple of the video gaming community, has attracted the attention of the computing giant and is reportedly in negotiations for a takeover that could see it valued at around US$10bn
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The Dow Jones Industrial Average dropped by 308 points on a big sell-off of travel and retail stocks
Discord, which has around 300mln registered users and was valued at around US$7bn in December, could also decide to go public, according to reports
The social media network, popular among hobbyists who post collages featuring home décor, food, fashion and accessories, has seen its share price swell over 300% since its 2019 IPO
Azure, Microsoft's server business, saw revenues jump by 50%
“The attack unfortunately represents a broad and successful espionage-based assault on both the confidential information of the US government and the tech tools used by firms to protect them,” said the tech giant's president Brad Smith
The US commerce department said it will refrain from blocking the video-sharing app pending further legal developments
The computer giant will release its Xbox Series X on Tuesday, with the PlayStation 5 to follow on Thursday
Revenue growth for Azure, the company’s flagship cloud computing business, was 48% higher, up from 47% in the previous quarter
Analysts are estimating EPS of US$1.54 for the quarter alongside revenues of US$35.7bn, with the computing giant's outlook for the Christmas quarter also likely to draw attention as it prepares to launch its new generation of Xbox consoles
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Majority Leader Mitch McConnell adjourned the Senate until November 9, further diminishing the prospects for an aid deal being reached before the election
Around three-quarters of UK firms plan to maintain the increase in home working after the coronavirus has gone away
The US Treasury Secretary said the Oracle deal was being reviewed by the Committee on Foreign Investment in the United States
Larry Ellison has already held preliminary discussions with TikTok’s parent company ByteDance, according to the FT,
Kevin Carter, CEO of the EMQQ ETF said such a law if implemented will help "flush-out several ‘bad-actors’ in the space and help validate the rest”
Trump’s comments followed an executive order earlier this month ordering US firms to stop doing business with the app by September 15, citing concerns it is harvesting data which can then be used by Chinese spy agencies