Microsoft beats Wall Street targets on cloud services revenue

(adsbygoogle = window.adsbygoogle || []).push({}); (Reuters) – Microsoft Corp (MSFT.O) on Thursday posted quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite. FILE PHOTO: An advertisement is played on a set of large More...

by news | Published 2 hours ago
By news On Friday, July 20th, 2018
0 Comments

Meal delivery service DoorDash hires Uber finance head as CFO

SAN FRANCISCO (Reuters) – Meal delivery service DoorDash Inc has hired Uber Technologies Inc’s head of finance to be its chief financial officer, which could put the startup closer to an initial public More...

By news On Thursday, July 19th, 2018
0 Comments

Comcast concedes to Disney in bidding war for Fox assets

(Reuters) – Comcast Corp (CMCSA.O) dropped its $66 billion bid for Twenty-First Century Fox Inc’s (FOXA.O) entertainment assets on Thursday but said it would still try to buy European broadcaster Sky Plc More...

By news On Thursday, July 19th, 2018
0 Comments

Trump says EU taking advantage of U.S. with $5 billion Google fine

WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday said the European Union was taking advantage of the United States, pointing to the record $5 billion fine that European antitrust regulators More...

By news On Thursday, July 19th, 2018
0 Comments

Switzerland seeks to regain cryptocurrency crown

NEW YORK/ZURICH (Reuters) – Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their More...

By news On Thursday, July 19th, 2018
0 Comments

Amazon hands goodwill to eBay with move to shut Australians out of overseas sites

SYDNEY (Reuters) – Australian home entertainment installer Paul Boon has relied for years on Amazon.com Inc’s (AMZN.O) U.S. website for cheap wall racks and other parts to keep his costs down. FILE More...

By news On Thursday, July 19th, 2018
0 Comments

Speakers, TVs, Kleenex in demand on Amazon Prime Day

(Reuters) – Online shoppers purchased more than 100 million products worldwide during Amazon.com Inc’s (AMZN.O) annual Prime Day sale this week, despite glitches on its mobile app and websites that prevented More...

By news On Thursday, July 19th, 2018
0 Comments

EU order against Google opens new doors for mobile industry

SAN FRANCISCO (Reuters) – A European Union antitrust judgment against Google on Wednesday invites more competition from software developers including Microsoft Corp (MSFT.O), Amazon.com Inc (AMZN.O) and Samsung More...

By news On Thursday, July 19th, 2018
0 Comments

Microsoft’s focus on cloud, partnerships paying off

SAN FRANCISCO (Reuters) – In the elevator industry, breakdowns are bad for business. FILE PHOTO: An advertisement is played on a set of large screens at the Microsoft office in Cambridge, Massachusetts, More...

By news On Thursday, July 19th, 2018
0 Comments

British Airways reports computer problems affecting check-in

LONDON (Reuters) – British Airways said on Twitter on Wednesday it is experiencing some “system issues” and “online check-in is down” as some passengers reported that planes operated by the company More...