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Cloud business boosts Microsoft’s quarterly revenue, shares rise

July 20, 2016 by · Leave a Comment 

“Only two companies are setting the tone of enterprise computing, Microsoft Azure and Amazon AWS,” said Trip Chowdhry, managing director of Global Equities Research, referring to Amazon.com Inc's web services unit. Microsoft's revenue in what it calls its “intelligent cloud” businesses, which includes the Azure cloud platform and server software, rose 7 percent to $6.7 billion. Revenue for Azure – which customers can use to host their website, apps or data –

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Cloud business boosts Microsoft’s quarterly revenue, shares rise

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Ford plans to move Michigan offices into two new modern campuses

April 12, 2016 by · Leave a Comment 

By Joseph White DETROIT (Reuters) – Ford Motor Co said on Tuesday it will modernize and consolidate its sprawling Dearborn, Michigan, engineering and headquarters facilities over the next decade into two Silicon Valley-style campuses. The auto company plans to move about 30,000 employees now housed in 70 buildings, some of which were built in the 1950s. One location will be focused on engineering, research, technology and vehicle development and

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Ford plans to move Michigan offices into two new modern campuses

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Uber says gave U.S. agencies data on more than 12 million users

April 12, 2016 by · Leave a Comment 

Uber Technologies Inc [UBER.UL] on Tuesday released its first ever transparency report detailing the information requested by not only U.S. law enforcement agencies, but also by regulators. The ride-sharing company said that…

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Uber says gave U.S. agencies data on more than 12 million users

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IMF cuts global growth outlook again, warns of political risks

April 12, 2016 by · Leave a Comment 

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday of the risk of political isolationism, notably Britain's possible exit from the European Union, and growing economic inequality as it cut its global growth forecast …

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IMF cuts global growth outlook again, warns of political risks