![]() The company is also continuing in its effort to purchase video game giant Activision Blizzard for $69 billion. Windows OEM revenue, which is the amount Microsoft makes on sales of its operating system to PC makers fell 39% year-over-year. The move comes as the company is dealing with flagging PC sales. Just last week, however, Microsoft cut some 10,000 workers. The company is also said to be bringing the technology to its Bing search engine, a move that could threaten Google’s search dominance. The investment is expected to help Microsoft further differentiate its cloud offerings from competitors like Amazon and Google. Microsoft's announcement follows news that the company is engaging in a multi-year, multi-billion dollar investment in OpenAI in an attempt to better tackle competitors including from Amazon (AMZN) to Google (GOOG, GOOGL). “We are committed to helping our customers use our platforms and tools to do more with less today and innovate for the future in the new era of AI.” “The next major wave of computing is being born, as the Microsoft Cloud turns the world’s most advanced AI models into a new computing platform,” Microsoft CEO Satya Nadella said in a statement. That's down from Q2 last year, during which Intelligent Cloud and Azure saw growth of 26% and 46%, respectively. The company reported its Intelligent Cloud segment grew 18% in the quarter, while its Azure services grew 31%. Here are the most important numbers from the report compared to what analysts were expecting from the quarter, as compiled by Bloomberg.ĭespite the beat on earnings per share, Microsoft's cloud business continued to slow in the quarter. Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts' expectations on revenue and beating on earnings per share. #stockstowatch #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto The company is also working on adding a new requirement for all command execution on its devices to follow safe change guidelines." onClick="activateTab('playlist1') return false"> In order to help prevent the same issue occuring again in the future, Microsoft says it has, "blocked highly impactful commands from getting executed on the devices". Microsoft said that overall, it was able to identify the problem within an hour, and all its internal networking equipment was back to normal within two and a half hours. The command that caused the issue has different behaviors on different network devices, and the command had not been vetted using our full qualification process on the router on which it was executed." During this re-computation process, the routers were unable to correctly forward packets traversing them. "As part of a planned change to update the IP address on a WAN router, a command given to the router caused it to send messages to all other routers in the WAN, which resulted in all of them recomputing their adjacency and forwarding tables. > 5 ways that ChatGPT could transform Microsoft Office (opens in new tab) > Microsoft Teams is finally adding this vital business tool to help save your business (opens in new tab) ![]() Check out our list of the best online collaboration software around (opens in new tab) ![]()
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