Microsoft Cloud strength drives first quarter results
Microsoft Corp. announced the following results for the quarter ended September 30, 2024, as compared to the corresponding period of last fiscal year: Revenue was $65.6 billion and increased 16% Operating income was $30.6 billion and increased 14% Net income was $24.7 billion
Lenfest Institute, OpenAI and Microsoft announce $10 million AI collaborative and fellowship program
The Lenfest Institute for Journalism, a leader in developing solutions for the next era of local news, on Tuesday announced a major new collaboration with OpenAI and Microsoft Corp. to help newsrooms explore and implement ways in which artificial intelligence
Microsoft expands AI capabilities to shape a healthier future
Microsoft Corp. is unveiling several Microsoft Cloud for Healthcare innovations that connect care experiences, enhance team collaboration, empower healthcare workers, and unlock clinical and operational insights. Through new healthcare AI models in Azure AI Studio, capabilities for healthcare data solutions in
Microsoft announces quarterly earnings release date
Microsoft Corp. will publish fiscal year 2025 first-quarter financial results after the close of the market on Wednesday, Oct. 30, 2024, on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor/. A live webcast of the earnings conference call will be made available
Google complains to EU over Microsoft cloud practices
By Philip Blenkinsop BRUSSELS (Reuters) - Alphabet unit Google filed a complaint to the European Commission on Wednesday against what it said were Microsoft's anti-competitive practices to lock customers into Microsoft's cloud platform Azure. Google, whose biggest cloud computing rivals are Microsoft
Microsoft may pay Constellation premium in Three Mile Island power agreement, Jefferies says
By Vallari Srivastava (Reuters) - Microsoft is estimated to pay Constellation Energy a premium as part of a long-term power purchase agreement (PPA) related to the Three Mile Island nuclear plant in Pennsylvania, Jefferies analysts said on Monday. Rising demand for electricity
Microsoft deal propels Three Mile Island restart, with key permits still needed
By Laila Kearney, Mrinalika Roy and Sourasis Bose (Reuters) - Constellation Energy and Microsoft have signed a power deal to help resurrect a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart of
Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
By Aditya Soni and Jaspreet Singh (Reuters) - Microsoft said on Friday it would hold a summit in September to discuss steps to improve cybersecurity systems, after a faulty update from CrowdStrike caused a global IT outage last month. The conference marks
New Zealand Microsoft 365 users struggle to access service
By Lucy Craymer WELLINGTON (Reuters) - New Zealand users of Microsoft services including Exchange online are having difficulty accessing them, Microsoft confirmed on Thursday. The company did not say how many users had been affected. It said it had rerouted traffic to alternate