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| Microsoft reports loss on tax charge Revenue climbed 12 percent to $28.92 billion, including 98 percent growth in Azure, Microsoft's flagship cloud product which competes with rivals from Amazon.com Inc (AMZN.O), IBM (IBM.N) and Alphabet Inc's (GOOGL.O) Google. Reporting by Pushkala Aripaka in Bengaluru; Editing by Bernard Orr.
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| Microsoft Rides the Cloud to Strong Quarterly Earnings and Revenue "It all comes down to really having an architectural advantage on what is a new secular trend," CEO Satya Nadella said of the development in cloud and related applications and services during a Wednesday earnings call. New workloads, such as the Internet of things, combine cloud computing with ...
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| Google to Create a Cloud App Marketplace, Chasing Amazon Nico Grant (Bloomberg) -- Alphabet Inc.'s Google is launching a digital store offering cloud-based software to companies and other organizations, its latest effort to catch cloud leaders like Amazon Web Services. Google Cloud and MobileIron Inc., which offers a cybersecurity tool for cellphones, are ...
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| Cloud Network Xunlei Hit By Class Actions Over ICO Activity Amid its blockchain and cryptocurrency pivot, cloud-based content delivery network Xunlei has been hit by two class action suits alleging it distributed false information that materially affected its stock price. According to the two latest filings with the New York Southern District court on Jan. 18 and Jan.
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| Microsoft Cloud Growth Fuels Second Quarter Results "This quarter's results speak to the differentiated value we are delivering to customers across our productivity solutions and as the hybrid cloud provider of choice," said Satya Nadella, chief executive officer of Microsoft. "Our investments in IoT, data, and AI services across cloud and the edge position us ...
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