ASIC review hits Data#3 revenue

Data#3 has seen over a billion dollars wiped off its statutory revenue over 18 months following new accounting rules. The publicly listed Australian IT services provider saw a $1.67 billion ... Read More

Microsoft hits $3 trillion market cap

Microsoft climbed 1.3% to hit $404 a share on Wednesday, bringing its valuation above $3 trillion for the first time ever. The tech and artificial ... of recent strategic wins for the company ... Read More

Microsoft Shares Tumble After Cautioning on Coronavirus Hit To PC and Windows Revenue

Microsoft shares were marked 2.5% lower in early Thursday trading to change hands at $166.33 each, a move that would mark a 13% decline from the stock's all-time high recorded on February 11. Last ... Read More

Equinix Revenue Hits $1.45 Billion As All Data Centers ‘Remain Operational’

The coronavirus pandemic isn’t slowing down Equinix as the data center colocation giant generated $1.45 billion in revenue during ... including wins around digital transformation and COVID ... Read More

Technology News

Netflix gained another 9.3 million subscribers to ... defamation lawsuit against a conservative news outlet Microsoft is investing $1.5 billion in a technology firm based in the United Arab ... Read More

Trace3 Plans To Hit $4 Billion In Revenue By 2026

Between investing in data and analytics ... CEO Rich Fennessy plans to almost double the company’s revenue in three years. Today, the technology consultancy generates $2.5 billion in revenue ... Read More

Microsoft Q2 earnings live: AI fuels revenue gains

Fred Havermeyer, a senior analyst Macquarie Group in New York, told Bloomberg News, the co-pilots alone could boost Microsoft revenue by as much as $9.1 ... 3%. Earlier in the day, Microsoft hit ... Read More

Magnificent Microsoft: 3 Reasons Why MSFT Is THE Tech Stock to Own

Microsoft (NASDAQ:MSFT) has been among the biggest believers in the robust growth potential of AI. Among the first mega-cap tech stocks to ... Analysts now foresee 14% revenue growth by fiscal ... Read More

Why Microsoft's Reorganization Is Not About Technology

Adam figured this out. Microsoft figured this out. Microsoft’s reorganization isn’t about their technology. It’s about how they manage their resources. And recently they haven’t been doing ... Read More

Legal Industry Players Missed a Microsoft AI Loophole That Could Expose Confidential Data

Sources told Legaltech News ... data review. But how easily obtainable these exemptions are seems to depend on companies’ resources and inside relationships with the tech giant. On paper ... Read More

Technology

April 17, 2024 • The Panama Canal has been dubbed the greatest engineering feat in human history. It's also (perhaps less favorably) been called the greatest liberty mankind has ever taken with ... Read More

Microsoft hits $3 trillion market value

Shares of Microsoft hit a record high of $404.72, up 1 ... 3.02 trillion, according to LSEG data. Wall Street's run-up to record highs will be put to the test in the coming weeks as megacap US ... Read More