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Microsoft profit up as demand for cloud service soars

January 27, 2017 by · Leave a Comment 

Microsoft Corp reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the unit that includes its flagship cloud platform Azure. Since taking charge in 2014, Chief Executive Satya Nadella has…

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Microsoft profit up as demand for cloud service soars

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Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

November 15, 2016 by · Leave a Comment 

(Reuters) – EU antitrust regulators are expected to give conditional clearance to U.S. medical device maker Abbott Laboratories’ bid for peer St Jude Medical Inc , a person familiar with the matter said on Tuesday.

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Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

November 15, 2016 by · Leave a Comment 

(Reuters) – OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc’s Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp’s flagship cloud service, Azure. OpenAI will use Azure for its experiments in deep learning and AI, and Microsoft will collaborate with the company …

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

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Full Hanjin ship can not dock because there’s no plan to leave

September 21, 2016 by · Leave a Comment 

The predicament of the Hanjin Miami, one of 10 U.S.-bound ships stranded by the Hanjin bankruptcy, illustrates one way that disputes over ships, ocean containers and even truck trailers

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Full Hanjin ship can not dock because there’s no plan to leave

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Microsoft raises dividend, plans $40 billion share buyback

September 21, 2016 by · Leave a Comment 

(Reuters) – Microsoft Corp on Tuesday raised its quarterly dividend by 8 percent and said it would buy back up to $40 billion as part of a new share repurchase program. The new buyback program has no expiration date and may

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Microsoft raises dividend, plans $40 billion share buyback

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Microsoft wins landmark appeal over seizure of foreign emails

July 15, 2016 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Thursday said the U.S. government cannot force Microsoft Corp and other companies to turn over customer emails stored on servers outside the United States. The 3-0 decision by the 2nd U.S. Circuit Court of Appeals in Manhattan is a defeat for the U.S. Department of Justice and a victory for privacy advocates and for technology companies …

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Microsoft wins landmark appeal over seizure of foreign emails

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Microsoft told potential Yahoo bidders it might back bids: report

March 26, 2016 by · Leave a Comment 

(Reuters) – Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc! saying that Microsoft might be willing to offer “significant financing” for their efforts, tech news site Recode reported on Thursday. Microsoft's move is an attempt to ensure a good relationship with Yahoo's buyer, the website reported. Yahoo launched an auction of its core

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Microsoft told potential Yahoo bidders it might back bids: report

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Privacy groups urge U.S. judge to support Apple in iPhone case

March 3, 2016 by · Leave a Comment 

(Reuters) – Digital privacy advocates have called on a U.S. federal judge to approve Apple Inc's request not to be compelled to build software to help the FBI unlock an iPhone used by one of the shooters in the …

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Privacy groups urge U.S. judge to support Apple in iPhone case