Microsoft shares fell 2% in extended trading on Wednesday after the company said it doesn’t expect to meet the quarterly revenue guidance it previously provided for the segment that includes Windows. The move comes during a week that has seen a market selloff amid fears about the virus. Last week Apple disclosed that it did […]
Tag: Microsoft Corp
Dow 2-day drop totals 1,910, Kudlow doesn’t help, Cramer stays away
This is a live blog. Check back for updates A trader works at the New York Stock Exchange in New York, the United States, on Feb. 24, 2020. Photo by Wang Ying | Xinhua | Getty 4:01 pm: Dow drops 3%, bringing 2-day point loss to 1,910 Major averages slid on Tuesday, accelerating Monday’s sharp […]
Dow futures down 770, airlines slide, Apple drops
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 8:32 am: Chipmaker stock ETFs fall sharply The VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) were both down more than 3% in the premarket, putting […]
Microsoft senior leadership team under Satya Nadella
Microsoft President and Chief Legal Officer Brad Smith, CEO Satya Nadella, Executive Vice President and Chief Financial Officer Amy Hood and Chairman John Thompson pictured at the Microsoft annual meeting of shareholders in Bellevue, Washington, on November 30, 2016. Jason Redmond | AFP | Getty Images) Satya Nadella has almost completely changed the group of […]
Google reaches a settlement with state attorneys general
Google CEO Sundar Pichai testifies during a House Judiciary Committee hearing on Capitol Hill in Washington, DC, December 11, 2018. Saul Loeb | AFP | Getty Images Google has reached a settlement with state attorneys general over outside consultants hired to work on the states’ antitrust investigation, CNBC has learned. The settlement means that potential […]
Microsoft ElectionGuard software gets first test in Fulton, Wisconsin
A person votes using with a machine that draws on Microsoft’s ElectionGuard software in Fulton, Wisconsin, on February 18, 2020. Microsoft People in the small Wisconsin town of Fulton are the first to try out software Microsoft designed to confirm that votes are being properly counted. On Tuesday, Fulton residents are using the technology while […]
Atomico raises $820 million fund to back European start-ups
The partners of European venture capital firm Atomico. Atomico Atomico, the venture capital firm founded by Skype co-founder Niklas Zennstrom, has raised $820 million for a new fund — the biggest since it was set up by the billionaire in 2006. The firm plans to cash in on the ongoing “renaissance” in Europe’s tech sector, […]
S&P all-time high, Tesla comeback, Microsoft turns negative
Elon Musk Mike Blake | Reuters This is a live blog. Check back for updates. 3:22 pm: Wayfair drops 13% as company announces job cuts Shares of the online retailer tanked 13% after the company said it was cutting roughly 3% of its workforce, which translates to around 500 jobs. The company said that around […]
Amazon wants to question President Trump over JEDI cloud contract loss
WASHINGTON — Amazon is seeking to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon cloud contract awarded to Microsoft. In court documents unsealed and filed Monday, Amazon’s cloud computing arm said it’s looking to depose seven “individuals who were instrumental” in the JEDI source […]
AnitaB.org CEO Brenda Wilkerson interview
AnitaB.org CEO Brenda Wilkerson is trying a different approach to diversity in Silicon Valley. Brenda Wilkerson is disappointed with Silicon Valley’s repeated diversity failures, and says time is running out. Nearly two years ago, the former computer programmer and entrepreneur took the CEO role at AnitaB.org, a non-profit organization named after famed computer scientist Anita […]