Microsoft Results

Nvidia supplier SK Hynix posts 6-year high profit on strong AI chip demand

Revenue rose 125 per cent to a record 16.4 trillion won

Issue resolved, flights on schedule now: Civil Aviation Minister Naidu

The ministry is constantly monitoring the operations at airports and airlines to ensure travel readjustments and refunds are taken care of, he added

NSE, BSE say functioning remains normal; unaffected by Microsoft outage

Country's leading stock exchanges NSE and BSE on Friday said they are not impacted due to the global outage of Microsoft systems amid reports of disruptions in functioning of several airlines, banks, media outlets worldwide. Microsoft users globally, several in India, have reported massive outages in services, with outage tracking website Downdetector showing users flagging disruptions across various services. Meanwhile, the two leading Indian stock exchanges announced that they are not impacted due to Microsoft outage. "NSE (National Stock Exchange) and NCL (NSE Clearing Ltd) are working normal today," NSE's spokesperson said in a statement. Separately, a spokerseron of BSE said that the bourse is "not impacted due to Microsoft issue. Our operations are running normal." Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved. The glitch is causing use

Microsoft hit with Spanish startups' complaint over its cloud practices

The Spanish Startup Association, which represents more than 700 startups in Spain, cited a number of allegedly anti-competitive practices by Microsoft in recent years

Microsoft adds security chiefs to product groups in wake of hackings

The software giant said it is adding deputy chief information security officers within its product groups, while declining to identify the new officials

Microsoft to invest $2.2 billion in cloud, AI services in Malaysia

Microsoft is investing USD 2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI centre, its CEO Satya Nadella said on Thursday. It marks Microsoft's single largest investment in Malaysia, as the tech giant seeks to bolster support for AI development in the region and worldwide. We are committed to supporting Malaysia's AI transformation and ensure it benefits all Malaysians, he said. Our investments in digital infrastructure and skilling will help Malaysian businesses, communities and developers apply the latest technology to drive inclusive economic growth and innovation across the country. Nadella on Tuesday also announced a USD 1.7 billion investment in cloud and AI services in Indonesia during his visit there as part of his Southeast Asia tour. On Wednesday, he said Microsoft will build its first regional data centre in Thailand. In April, the tech giant ...

Fuelled by AI, Amazon, Microsoft, Alphabet post better-than-expected sales

Many big customers have started spending again on cloud computing after pausing last year to cut costs, executives and analysts said

Microsoft's concerns over Google's lead drove investment in OpenAI

The US Justice Department has argued that OpenAI's ChatGPT and other innovations may have been released years ago if Google hadn't monopolised search market

Microsoft partners with India's Sarvam AI for voice-based genAI tools

Microsoft will support the development of voice-based generative artificial intelligence (AI) applications through a partnership with Indian startup Sarvam AI, the Windows-maker said on Thursday

Microsoft touts AI strength, but shares dip as market digests costs

There are now 53,000 Azure AI customers, a third of whom were new to the service in the past 12 months, Nadella told analysts on a conference call

Microsoft Corporation India's profit rises 30% at Rs 649 cr in 2022-23

Microsoft Corporation (India) Pvt Ltd posted a 30 per cent increase in net profit at Rs 649 crore in 2022-23, according to financial data provided by business intelligence platform Tofler. The company had reported a profit after tax of Rs 498.23 crore in 2021-22. As per the data, the company gained about Rs 409.6 crore in profit before tax by enhancing estimated useful life of server and network equipment from four years to six years. In 2022-23, Microsoft Corporation (India) Pvt Ltd posted a 39 per cent increase in revenues at Rs 19,354 crore as against Rs 13,819.57 crore in the year-ago period, Tofler said. "The company further reported a net profit of Rs 649 crore during the same fiscal. This is a 30 per cent increase from the last financial year. The company's total expenses for the fiscal were reported as Rs 18,472 crore," it said. The company declined to comment on the financial numbers.

India needs to export talents skilled in AI: Microsoft Vice Chair

Microsoft President and Vice Chairman Brad Smith on Thursday said India needs to export talents skilled in artificial intelligence. While speaking at a US-India Strategic Partnership Forum event, Smith said the health of democracies is at stake and there is a need to find new ways to sustain economic growth. "The future of India in many ways will involve not just bringing talent to the countries but bringing more talents with a background in AI," Smith said. He said there is a need to develop responsible AI which fundamentally serves the principle that matters to humanity like security, privacy, and inclusion. Smith said the role of AI is to enhance productivity in a smarter way and there is a need to develop it through partnerships between educators and entrepreneurs, among countries like India and US. "There is no doubt, you can go anywhere in the world and if you find a talented company, I bet you will find a talented person who grew up in India. When you go to the United State

Ex-wife charged with murder of Microsoft executive Jared Bridegan

The ex-wife of a Microsoft executive who was gunned down by a triggerman in front of his young daughter has been charged with first-degree murder, and prosecutors in Florida plan to seek the death penalty. A grand jury indicted Shanna Lee Gardner in the ambush-style death of Jared Bridegan, State Attorney Melissa Nelson announced Thursday at a news conference in Jacksonville, Florida. Gardner, 36, was arrested in West Richland, Washington, and will be extradited to Florida to stand trial, Nelson said. From very, very early on, everything in my body and soul told me she was behind it, Kristen Bridegan, Jared Bridegan's wife, said during the news conference. Hank Coxe, who represents Gardner, said via email that he does not comment on pending cases. The state is also seeking the death penalty against Gardner's husband, Mario Fernandez Saldana, who was arrested in March and charged in Bridegan's death. His attorney, Jesse Dreicer, said in an email that his client has pleaded not guilt

Microsoft's single day earnings surge to add record $151 bn in value

If the gains hold, the company will add $151 billion in market value, the most in the company's history, according to data compiled by Bloomberg

Microsoft looks to revamp AI reshaping search as Google calms investors

"Throughout the years, we have gone through many, many shifts in search," Google CEO Pichai said

Need local AI models to improve Indian education system: Flipick Founder

As the online learning space goes through a definitive churning in a hybrid mode in the ChatGPT era, Flipick has doubled down on offering artificial intelligence (AI)-driven

Microsoft shares up by 3.5% after earnings topped analysts' projections

Revenue in the third quarter, which ended March 31, rose 18 per cent to $49.4 billion, the software maker said Tuesday in a statement. Net income rose to $16.7 billion, or $2.22 a share

Microsoft Corp posts $20.5 bn in profits riding on Cloud, Office biz

Satya Nadella-run Microsoft has posted robust revenue riding on a strong performance on its cloud, server, and Office businesses

Microsoft Q4 profit at $11.2 bn, beats Wall Street estimates amid Covid-19

The company said its commercial cloud business surpassed $50 billion in annual revenue for the first time

Cloud, Office boost Microsoft's September quarter profit by 21% to $10.7 bn

Office Commercial products and cloud services revenue increased 13 per cent, driven by Office 365 Commercial revenue growth of 25 per cent