Company
Microsoft CEO Satya Nadella says the great cloud slowdown won't last forever as he shares his plan for a big bounce back
9 days ago | By Business Insider
Microsoft CEO Satya Nadella Stephen Brashear/Getty Images
Microsoft's earnings report Tuesday showed slowing cloud growth in a reality check for Wall Street.
It's caused analysts to rethink their expectations for the rest of the cloud industry, mainly AWS.
However, Microsoft's CEO and analysts think cloud is poised for a bounce-back after some hard times.
Microsoft's cloud revenues are down , as is the growth rate of its Azure cloud platform, as customers pull back on spending and look to optimize their cloud tools, the company reported in its quarterly earnings report Tuesday. The report...
Read more ...
Microsoft's $10 billion bet on ChatGPT's maker gives it a powerful new weapon in the cloud wars with Amazon and Google
9 days ago | By Business Insider
Microsoft CEO Satya Nadella. Christophe Morin/IP3/Getty Images
Microsoft's multibillion-dollar bet on OpenAI could be rocket fuel for its cloud business.
Cloud, increasingly important to Microsoft, Amazon, and Google, is slowing down in the short term.
But whoever successfully integrates AI could dominate the market.
Microsoft opened Wednesday with a 4% share price drop after the firm gave a tough outlook for its cloud business during third-quarter earnings Tuesday. But the company has a longer-term strategic weapon that could help it win the cloud wars: its once-in-a-generation bet on...
Read more ...
Search by Tags
Company House Industry Companies Industries World Housing Computer Rate Tech Insider Enterprise Analysis Nordic Microsoft Azure AWS Cloud SaaS Cloud Computing Satya Nadella Software Market Marketing Business Analysis Trending UK Google AmazonGautam Adani's Rise Was Intertwined With India's. Now It's Unraveling
The tycoon often said the Adani Group's goals were in lock step with India's needs. Now, the company's fortunes are crashing, a collapse whose pain will be felt across the country. Read more ...
Advisory Firm Sues Elon Musk's Twitter, Saying It Hasn't Been Paid
Innisfree M&A says Twitter, which Elon Musk bought last year, has not paid it $1.9 million for services it rendered for the deal. Read more ...
WWE SmackDown Results: Winners And Grades As Sami Zayn Challenges Roman Reigns
SmackDown results with fallout between Roman Reigns and Sami Zayn from Royal Rumble 2023. Read more ...
AAR: January Rail Carloads Increased and Intermodal Decreased Year-over-year
From the Association of American Railroads Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. rail traffic started January 2023 with both discouraging... Read more ...
Mr. Powell, Drop The Sledgehammer And Start Innovating
Worldwide, we need affordable capital to develop technologies that address our climate crisis, and to meet the demand for housing, food & water as the world population grows... Read more ...
New California oil well ban put on hold for voters to decide
SACRAMENTO, Calif. - California's new law banning new oil and gas wells near homes, schools and other community sites has been put on hold until after voters decide next year... Read more ...
Brazil's Jair Bolsonaro addressed right-wing activists at Trump resort in...
Far-right former Brazilian President Jair Bolsonaro speaks during the Turning Point USA event at the Trump National Doral Miami resort on February 03, 2023 in Doral, Florida... Read more ...
Soon-to-open Ojos Locos offers preview of new look
The rebranded Lucky Club in North Las Vegas has 280 new slot machines, a sports cantina with 90 TVs, a massive bar and a William Hill sportsbook. Read more ...
The green comet and Mars will appear side-by-side next weekend. Spot them...
Comet ZTF, as photographed on January 18, 2023. Dan Bartlett A green comet and Mars will appear side-by-side in the night sky on February 10 and 11. It's a good opportunity to... Read more ...
Girls' flag football is so buzzy that California just made it a high school...
The game's popularity is soaring amid a push to get more female athletes on the field. Read more ...