Microsoft Corp said its quarterly profit beat analysts' view, propelled by mounting demand for its cloud products. Quarterly net income, on an adjusted basis, amounted to $6.3 billion, up from $5.8 billion in the same period last year.
Tags: Microsoft
Xignite raises $20 million in Series C Funding
Xignite said that it has raised 20.5 million US dollar in Series C Funding. The company will utilize the capital from the fund to gauge its marketing and sales efforts as well as to widen its product portfolio.
GitHub faces overhaul as many executives quit
GitHub is experiencing a huge inner havoc as many executives flee from the company. Chris Wanstrath has been overhauling the firm's culture backed by its board.
Cisco to acquire Jasper for $1.4 billion
Cisco announced its intention to purchase Jasper Technologies, a provider of cloud service for internet-powered devices, for $1.4 billion. The merger will enable Cisco to provide a full IoT solution which is inter-operable through devices and coordinates with application developers and IoT service providers.
Microsoft Just Spent Nearly $250 M To Buy Swiftkey, The Popular Predictive Typing App For Smartphones
Swiftkey, the popular predictive typing app for smartphone, has been reported to be bought by Microsoft for nearly $250 million. Microsoft is said to have a bigger plan with the app, going further than just expanding on more than iOS and Android devices.
Latest News
Microsoft today unveiled a news application aimed at iOS users that is similar to Apple built in news app. However, the app is currently only available for the United States users.
Microsoft and Google find it difficult to follow Apple. The two companies are starting to produce their own hardware, which unfortunately are still far from what Apple has. Microsoft is criticized for its Surface Book Laptop, while Google has received hard reviews on its Google Pixel C tablet. It seems that Microsoft and Google are following Apple in the hardware business.
Facebook announced its plan to open the second data center in Clonee, Ireland. By opening the Clonee center, the company is joining a list of companies like Google, Apple, Microsoft and Amazon, which operate some of the European centers in the nation.
Skype aims to help users be more productive with the two new features for Skype for Android. With these new features, users can easily schedule calls and open Office files. Microsoft has been improving their apps, including its popular Skype to perform better in various platforms.
The AC power cables linked to Microsoft’s Surface Pro tablets of selective three generations pose fire risks due to overheating. Though a limited number of overheating issues have been reported, Microsoft is taking no risks and going to recall for a global voluntary replacement. Details on replacement procedure will be furnished in the Microsoft website sometimes later this week, possibly on Friday.
The child labor reported is taking place in the Democratic Republic of the Congo in cobalt mines. The estimation says that about 40,000 children are working for the mines. Companies listed in the report gave various responses following the accusations.
Microsoft is reportedly gearing up to launch its third and final Lumia handset on 1 February in the form of the cheap and cheerful Lumia 650.
Microsoft is probably going to bury the business with Lumia handsets and going to introduce the last smart phone by February, the Lumia 650. The Lumia 750 and 850 are still in line, but the tech giant intends to concentrate on surface phone. Burying the “Lumia” name, most likely means Microsoft has something else in mind for the near future.
Both the game consoles made more money than any of their predecessors in 2015. PlayStation 4 came out as the winner with more sales than Xbox One in the year's total.
