Skip to main content

Microsoft stock pumps after it sees two years of digital transformation in two months


Microsoft just dropped its earnings for the first quarter of 2020 and — as one might expect — worldwide coronavirus lockdowns were great for its bottom line. The Redmond tech giant posted $35 billion revenue and $10.8 billion net income in Q1, up 15% and 22% respectively when compared with the corresponding period last year. [Read: Microsoft reportedly plans to invest in India’s payments giant Paytm] Microsoft‘s commercial cloud arm grew fast, up 39% year-on-year to hit $13.3 billion. In fact, Microsoft‘s flagship cloud platform Azure posted 59% more revenue than in the same quarter in 2019. CEO Satya Nadella commented that the company has seen…

This story continues at The Next Web

Or just read more coverage about: Microsoft

from The Next Web https://ift.tt/2W9Quxv

Comments

Popular posts from this blog

TNW Podcast: Boris comes over to co-host; Slack’s Cal Henderson talks European tech

 Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state funding for energy projects, translations of the word ‘computer’, and a bunch of other things in between. In the interview section, we’re featuring a conversation with Cal Henderson, co-founder and… This story continues at The Next Web from The Next Web https://ift.tt/jUgcNFD

How to design human-machine interfaces for vehicles of the future 

A human-machine interface (HMI) is an interface that allows us to interact with a digital system. No matter what HMI we design, we need to enable users to take advantage of all that a system offers.  For almost two decades, the personal computer was the first thing that came to mind when we heard about digital HMI. But the situation changed, and today HMI is an integral part of many devices we use daily — mobile phones, smartwatches, IoT devices, and even cars. Car HMI design is a relatively new field with specific challenges. My team has experience designing for… This story continues at The Next Web from The Next Web https://ift.tt/3m7s0m6

Google’s ‘time crystals’ could be the greatest scientific achievement of our lifetimes

Eureka! A research team featuring dozens of scientists working in partnership with Google‘s quantum computing labs may have created the world’s first time crystal inside a quantum computer. This is the kind of news that makes me want to jump up and do a happy dance. These scientists may have produced an entirely new phase of matter. I’m going to do my best to explain what that means and why I personally believe this is the most important scientific breakthrough in our lifetimes. However, for the sake of clarity, there’s two points I need to make first: Time crystals are a… This story continues at The Next Web Or just read more coverage about: Google from The Next Web https://ift.tt/3fdRQlg