Tag Archives: Microsoft Corp

Who texted Elon Musk to get involved or offer advice on Twitter deal?

Elon texted his brother Kimbal Musk, an entrepreneur and Tesla board member, on Apr. 9: I have an idea for a blockchain social media system that does both payments and short text messages/links like twitter. You have to pay a tiny amount to register your message on the chain, which …

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Apple sparks tech sell-off; Alphabet, Microsoft hit 52-week lows

Apple CEO Tim Cook speaks at an Apple special event at Apple Park in Cupertino, California on September 7, 2022. – Apple is expected to unveil the new iPhone 14. (Photo by Brittany Hosea-Small / AFP) (Photo by BRITTANY HOSEA-SMALL/AFP via Getty Images) Brittany Hosea-small | Afp | Getty Images …

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Google to shut gaming service Stadia in latest cost-cutting effort

Google is shuttering its digital gaming service Stadia, the latest ambitious project to get cut as the company looks to shed costs. The gaming service, which launched in 2019 and runs on phones and the Chrome browser, “hasn’t gained the traction with users that we expected,” wrote Phil Harrison, a …

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Penpot, an open-source rival to Figma, raises $8 million

It’s been 13 days since Adobe announced its plan to spend $20 billion on Figma, the maker of popular design software. In that time, an open-source alternative called Penpot has seen a surge in activity. Now, Penpot has fresh capital to fuel that growth. related investing news Netflix gets upgrade …

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Tech stocks worst two-week stretch since the start of pandemic

Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the …

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Alibaba pledges $1 billion to cloud computing customers to reignite growth

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Alibaba said it will …

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UK’s Ofcom probes Amazon, Microsoft and Google over cloud dominance

The probe will focus on so-called “hyperscalers” like Amazon Web Services and Microsoft Azure, which let businesses access computing power and data storage from remote servers. Chesnot | Getty Images British media regulator Ofcom is investigating Amazon, Microsoft and Google’s tight grip on the cloud computing industry. In the coming …

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Salesforce will keep working on security after Uber hack

Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Nicholas Kamm | AFP | Getty Images Salesforce co-CEO Marc Benioff said the cloud software company has much more to do in the area of cybersecurity following an …

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Microsoft Windows 11 2022 Update with Clipchamp available

Panos Panay, chief product officer of Microsoft, holds the Surface Neo laptop computer during a Microsoft product event in New York on Oct. 2, 2019. Mark Kauzlarich | Bloomberg | Getty Images Microsoft on Tuesday said it’s starting to release the first major update to Windows 11, the current version …

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Tech stocks crushed in market selloff

A trader works at the New York Stock Exchange NYSE in New York, on Aug. 26, 2022. Xinhua News Agency | Getty Images The six largest tech U.S. tech companies lost more than $500 billion in value Tuesday after an unexpectedly high August inflation report sent tech stocks tumbling. The …

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