Microsoft to shut down local version of LinkedIn in China October 14, 2021 Microsoft will shut down the version of its jobs social media platform LinkedIn operating in China. The exit comes nearly seven years after LinkedIn’s launch in the country, with Microsoft intending to replace it with a stripped-down version of the platform that would focus only on jobs. LinkedIn is the last major US social media [...]
Microsoft warns cloud customers intruders can read, change or delete their databases August 27, 2021 Microsoft has warned thousands of its cloud computing customers that intruders could have the ability to read, change or even delete their main databases. Watch the full report.
Microsoft warns of intruder risk in Azure cloud database August 27, 2021 Thousands of Microsoft cloud computing customers could have reportedly been hit by a breach, as it warned intruders could have the ability to read, change or delete their main databases. The weak spot is in Microsoft Azure’s Cosmos DB database, according to Reuters. Which was revealed when security company Wiz found it could open keys [...]
Microsoft in talks to back pandemic bruised Indian hotel chain Oyo July 30, 2021 Microsoft is in late-stage talks to invest in Indian budget hotel chain Oyo, according to reports, after a bruising 18 months for the business. The backing would value the startup at around $9bn, sources said, although the investment figure is not yet known. The deal may close as soon as Friday, one source said. The [...]
Microsoft beats Wall Street expectations on soaring demand for cloud computing July 27, 2021 Microsoft beat earnings expectations and posted a rise in revenue for the fourth quarter, as the ongoing shift to remote working bolstered demand for its cloud computing services. Microsoft reported a 21 per cent rise in revenue to $46.2bn in the three months ending 30 June – beating analysts’ consensus estimates of $44.24bn, according to [...]
Big Tech earnings: What to expect this week as tech titans report July 27, 2021 Wall Street is gearing up for a slew of Big Tech earnings this week with Apple, Amazon, Facebook, Google and Microsoft all set to deliver figures for their latest quarter. Twitter and Snap kicked off proceedings by smashing expectations last week, raising hopes that a post-pandemic advertising rebound will boost other platforms. Tesla also shrugged [...]
China calls US, UK cyber attack allegations ‘groundless and irresponsible’ July 20, 2021 China has denied US-led accusations of orchestrating a global cyber hacking campaign against tech giants including Microsoft. The US and a coalition of allies, including the UK, EU, Australia, Canada, Japan, New Zealand and Nato, on Monday accused China behind the “systematic cyber sabotage”, including a major hacking of Microsoft earlier this year. China hit [...]
US, UK and allies accuse China of global ‘cyber sabotage’ including Microsoft hacks July 19, 2021 The United States government and a coalition of allies, including the UK and the EU, have accused China of a orchestrating a global cyber hacking campaign that included the major Microsoft attack earlier this year. A senior administration official speaking on behalf of the US government accused China’s Ministry of State Security of working with [...]
Ex-Microsoft CEO Steve Ballmer becomes ninth member of $100bn club July 8, 2021 Former chief executive officer of tech giant Microsoft, Steve Ballmer, has become the world’s ninth person to join the coveted $100bn club. Now owning the NBA’s Los Angeles Clippers, Ballmer stepped down from the helm of Microsoft in 2014. The ex-tech giant boss has seen his wealth swell by $20.1bn this year alone, driven by [...]
Pentagon drops Trump’s $10bn deal with Microsoft after Amazon challenge July 7, 2021 The U.S. Defense Department cancelled a $10bn JEDI cloud-computing project late last night, pulling the Trump-era award to Microsoft while announcing a new contract that pits the big software firm against rival Amazon. Watch the full report.