[ad_1] Microsoft Corp reported a better-than-expected quarterly profit and revenue, helped by a strong performance in its fast-growing cloud business. The company’s shares rose as much as 1.5 per cent in trading after the bell on Thursday. They had touched a record high of US$74.30 in regular trading. Microsoft said revenue from its cloud unit,…
[ad_1] Microsoft Corp reported a 3.6 per cent rise in quarterly profit on Thursday, powered by a surge in demand for the company’s flagship cloud platform Azure. The company’s shares were marginally higher at US$64.34 in after-hours trading. Since taking charge in 2014, Chief Executive Satya Nadella has steered the company toward cloud services and…
[ad_1] Microsoft Corp’s market capitalization topped US$500 billion for the first time since 2000 on Friday, after the technology giant’s stock rose following another quarter of results that beat Wall Street’s expectations. Shares of the world’s biggest software company rose as much as 2.1 percent to US$65.64, an all-time high, in early trading, valuing the…
[ad_1] Microsoft Corp. and its competitors should eschew artificial intelligence systems that replace people instead of maximizing their time, Chief Executive Officer Satya Nadella said in an interview Monday. “The fundamental need of every person is to be able to use their time more effectively, not to say, ‘let us replace you’,” Nadella said in…