Microsoft’s strategic takedown of Storm-1152 is a huge blow to Cybercrime-as-a-Service Networks
Microsoft has successfully dismantled the infrastructure of the notorious cybercrime operation, “Storm-1152.”
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Microsoft and Google join forces with LevelTen Energy for continuous clean energy by 2030
In a groundbreaking collaboration reported by GeekWire, Seattle-based startup LevelTen Energy has joined forces with industry giants Microsoft, Google, and two clean energy firms to establish the Granular Certificate Trading Alliance. Announced on December 14, 2023, this innovative partnership aims to facilitate the transition towards 24/7 carbon-free power, moving beyond the conventional focus on solar and wind energy. Traditionally, corporate …
LinkedIn abandons controversial move to Microsoft Azure in favor of physical data centers
In a surprising turn of events as reported via CNBC, LinkedIn has decided to halt its ambitious project, code-named “Blueshift,” which aimed to shift its data center technology from physical facilities to Microsoft’s Azure cloud. This move is a setback for Microsoft in its pursuit of cloud dominance, where it faces fierce competition from Amazon Web Services (AWS). LinkedIn abandons …
Microsoft is the best-managed company of 2023 with Satya Nadella, bold leader at the helm
In the fiscal year of 2023, Microsoft reported a staggering $72 billion in revenue, marking a remarkable 63% surge from 2020. This financial ascent not only showcases the company’s prowess but also exemplifies its relentless pursuit of growth and innovation.
Breakthrough nuclear power for data centers: Microsoft and TerraPower harness enhanced AI in Operations
Microsoft is exploring the possibility of using nuclear power for data centers, which are the backbone of its cloud computing and AI services. The company has signed a memorandum of understanding with TerraPower and PacifiCorp, an electric utility company, to evaluate the feasibility and benefits of deploying a new type of nuclear reactor, called the Natrium reactor, near one of its data centers in Wyoming.
Microsoft’s Q2 Fiscal Year 2023 financial results: Steady growth amidst challenges
Microsoft’s financial results for the second quarter of fiscal year 2023, which ended on December 31, 2022, were announced. The company reported a revenue of $52.7 billion, a 2% increase compared to the same period last year. The revenue growth was driven by strong performance in the Intelligent Cloud segment, which grew by 14%, and the Productivity and Business Processes segment, which …
Microsoft annual meeting of shareholders sharing exciting details company performance in 2023
On December 7, 2023, Microsoft held its annual meeting of shareholders online, due to the ongoing COVID-19 pandemic. The Microsoft annual meeting was attended by more than 10,000 shareholders, who voted on various proposals and asked questions to the company’s leadership.
UK Antitrust regulator CMA scrutinize partnership between Microsoft and OpenAI
Microsoft is drawing the attention of the UK Antitrust regulator Competition and Markets Authority (CMA), which has turned its gaze towards the intricate ties binding Microsoft and OpenAI.