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April 27, 2021
Share: Microsoft Corporation (NASDAQ: MSFT) reported fiscal third-quarter earnings after market close Tuesday. What Happened: Third-quarter revenue of $31.7 billion was up 19% year-over-year and beat Street estimates of $41 billion. Microsoft reported operating income of $17 billion and net income of $14.8 billion, up 31% and 38% year-over-year, respectively. Earnings per share of $1.95 beat estimates of $1.78 per share. The company saw revenue of $13.6 billion for its productivity and busin...
April 27, 2021
Business Highlights Revenue in Productivity and Business Processes was $13.6 billion and increased 15% (up 12% in constant currency), with the following business highlights: Office Commercial products and cloud services revenue increased 14% (up 10% in constant currency) driven by Office 365 Commercial revenue growth of 22% (up 19% in constant currency) Office Consumer products and cloud services revenue increased 5% (up 2% in constant currency) and Microsoft 365 Consumer subscribers increased ...
April 23, 2021
Microsoft Acquires Nuance for $19.7 Billion Microsoft Acquires Nuance for $19.7 Billion Going by Bloomberg’s report, technology giant, Microsoft is acquiring Nuance Communications, a leader in speech to text software, for $19.7 billion. In a post announcing the deal, the company said this was about increasing its presence in the healthcare vertical, a place where Nuance has done well in recent years. In fact, the company announced the Microsoft Cloud for Healthcare last year, and this ...
April 22, 2021
Apr 22, 2021 Agriculture’s role as a critical sector, driving growth and job creation in the South African economy has come back under the spotlight, particularly as the world marks Earth Day, and other industries continue to feel the effects of the uncertainty of the past year. “The sector, for example, was able to maintain double-digit growth in the second quarter of 2020 when the rest of the South African economy saw its sharpest decline with the Gross Domestic Product (GDP) contracting ...
April 21, 2021
Microsoft inaugural data center region in Malaysia to be “game-changer” By Microsoft will establish a data center region in Malaysia and will skill one million locals in digital talents Microsoft’s investment further fortifies Malaysia’s position as a potential regional data hub American multinational tech stalwart Microsoft has announced plans to establish its first data center region in Malaysia. To be located in greater Kuala Lumpur, the new data center region will provide local cus...
April 21, 2021
Share As Asia moves out of the pandemic, cloud is not only a critical foundation for business resilience but will also be a key driver of the region’s next wave of economic growth. Recent research by IDC, shows that Microsoft’s most recent datacenter expansions in Malaysia, Indonesia, and Taiwan alone, in partnership with its ecosystem, are set to generate more than $21 billion in new revenues and will create 100,000 new jobs in the next four years [1]. Microsoft is also unveiling an immers...
April 21, 2021
Sign in Microsoft Cloud will accelerate Asiaâs post-pandemic economic growth, creating tens of thousands of jobs and billions of dollars in revenue in the next four years April 21, 2021 | Microsoft Stories Asia Microsoft launches virtual datacenter tour to enable everyone to experience the foundation of work, life and play. Singapore, 21 April 2021 â As Asia moves out of the pandemic, cloud is not only a critical foundation for business resilience but will also be a key driver ...
April 21, 2021
Microsoft plans to build up to 100 new data centres each year Microsoft plans to build up to 100 new data centres each year The company is slated to add data centres in at least 10 more countries this year alone. Ahmed Mazhari (Microsoft) Credit: Microsoft Microsoft is further ramping up its cloud game, with plans to build between 50 and 100 new data centres each year for the foreseeable future. Indeed, the company is slated to add data centres in at least 10 more coun...
April 21, 2021
PHOTO: Eberhard Grossgasteiger on Unsplash It is a reasonable argument that the only reason millions of workers have been able to successfully work remotely over the past year is because cloud computing has reached a level of maturity that now makes working without the cloud unthinkable. Its also been made possible because of the number of products that have appeared over the past year that supply business computing tools through a subscription service. Among those tools, Microsoft 365 is arg...
April 21, 2021
Microsoft Cloud PC Service Could Launch in June or July, Windows 10 Store App May Be Revamped Microsoft Cloud PC service is based on its Azure cloud computing platform and will allow users to run regular Windows apps on Windows 10X devices. By Vineet Washington | Updated: 21 April 2021 14:31 IST Microsoft Cloud PC website currently shows “organisation is not supported” Highlights Microsoft may release an updated Store app this fall The company has not shared...