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
Microsoft’s slow cloud growth signals AI payoff will take longer
By Aditya Soni, Yuvraj Malik and Anna Tong (Reuters) - Microsoft said it would spend more money this fiscal year to build out AI infrastructure even as growth slowed in its cloud business, another sign the payoff from hefty investments in
Microsoft’s LinkedIn settles advertisers’ lawsuit over alleged overcharges
By Jonathan Stempel (Reuters) - LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft unit of overcharging advertisers by inflating how many people watched video ads on its platform. A preliminary settlement was filed late on
Explainer – What caused the global cyber outage?
By Martin Coulter and James Pearson LONDON (Reuters) - A global tech failure disrupted operations across multiple industries on Friday, halting flights and forcing a number of broadcasters off-air, as the outage upended everything from banking to healthcare systems. WHAT HAPPENED? CrowdStrike, a