Saturday, January 18, 2020
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Microsoft snags hotly contested $10 billion defense contract, beating out Amazon

Microsoft has emerged victorious in a dramatic competition for public cloud resources for the U.S. Defense Department, beating out market leader Amazon Web Services,...

Amazon clobbered after a miss on the bottom line and soft...

Amazon stock skidded 6% in Friday's premarket, a day after the e-commerce giant's third-quarter earnings fell short of Street expectations.In its earnings report, it...

Intel stock pops on earnings beat and return to growth

Intel stock jumped as much as 8% in extended trading on Thursday after the chipmaker beat third-quarter earnings expectations and reignited revenue growth.Here are...

Microsoft beats on revenue and earnings; stock is little changed

Microsoft stock was little changed on Wednesday after the company reported better-than-expected fiscal first quarter results and slightly lower-than-expected quarterly revenue guidance.Here's how the...

Microsoft acquires start-up Mover, shortly after buying Movere, to get more...

First it was Movere. Now it's Mover.Under Satya Nadella's leadership, Microsoft is concentrating much of its dealmaking on bolstering the value of its cloud...

Microsoft resumes sales of Huawei laptops online

Microsoft on Monday said it has resumed sales of Huawei laptops on its website after a weeks-long stoppage.The action reflects the evolving dynamic for...

Broadcom falls after slashing revenue guidance

Shares of chipmaker Broadcom fell more than 8% on Thursday after the company reported lower-than-expected revenue for the second quarter of its 2019 fiscal...

AWS CEO Jassy: We would follow the law if regulators demand...

Andy Jassy, CEO of Amazon's cloud business, said Monday that, although he doesn't see clear benefits for Amazon Web Services spinning off from the...

Salesforce is paying top dollar for growth – and not just...

When Salesforce was first seeking public attention almost two decades ago, it created a mascot that consisted of the word "software" in bold letters...

Fiat Chrysler teams up with Amazon-backed driverless car start-up Aurora

Fiat Chrysler is joining forces with Silicon Valley-based technology upstart Aurora to build driverless cars.The two companies said Monday they had signed an agreement...