Search Results for: Nokia
Microsoft sales soar for all its non-Windows products
January 27th, 2015
Microsoft sales are growing for just about every product it makes … except for Windows. A couple years ago, that would have caused a panic — Windows has been Microsoft’s cash cow since 1985. In 2015, Microsoft (MSFT, Tech30) isn’t sweating it too ...
European Antitrust Regulators to Hold Discussions With Google’s Rivals
November 12th, 2014
European antitrust regulators will hold discussions with the companies most concerned by Google’s business practices before deepening existing investigations or resolving them, the new competition commissioner for the European Union said Tuesday. Google has faced an increasing barrage of ...
Microsoft lays off 3,000 in latest round of cuts
October 30th, 2014
Close to 70% of the positions were former Nokia staffers. Microsoft laid off 3,000 workers Wednesday, finishing a round of 18,000 layoffs that the company announced in July. “The reductions happening today are spread across many different business units, ...
Microsoft sales lifted by the cloud
October 24th, 2014
Microsoft continues to look to the cloud as it releases first quarter earnings. Lifted by strong momentum in its Internet cloud-based offerings, Microsoft on Thursday said its fiscal first-quarter revenue jumped to $23.2 billion, topping Wall Street estimates. The ...
Microsoft sues Samsung over unpaid interest
October 6th, 2014
Microsoft is suing Samsung for $6.9m (£4.33m) in unpaid interest, an unsealed lawsuit has revealed. In August Microsoft announced it was suing the South Korean firm in a dispute over unpaid interest on Android patent royalties. The lawsuit, now ...
Microsoft set to buy Minecraft maker
September 10th, 2014
Months after closing its $7 billion deal for Nokia’s handset business, Microsoft is eyeing another major acquisition. According to Bloomberg and The Wall Street Journal, the company is near a deal to scoop up video game studio Mojang AB, ...
Junk Bonds Gain Favor as European Banks Reduce Lending
August 13th, 2014
Bruce Mackenzie and Toby Ali were young bankers in the late 1990s, traversing Europe to pitch the merits of high-yield securities, otherwise known as junk bonds, to chief executives. The corporate chieftains mostly said no. Europe’s skepticism has since ...
Xiaomi just took over China – is the U.S. next?
August 6th, 2014
In four short years, Chinese smartphone maker Xiaomi went from non-existence to No. 1 in China. Could the same happen in the United States? Possibly — but not anytime soon. Xiaomi captured 14% of the Chinese market in the ...
Stock futures tick up on earnings, world conflicts eyed
July 23rd, 2014
U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence. Microsoft (MSFT.O) shares rose 2.4 percent in premarket trading ...
Microsoft to Cut Up to 18,000 Jobs
July 17th, 2014
Microsoft announced on Thursday that it would eliminate up to 18,000 jobs over the next year as part of a major restructuring. Previously, the largest layoffs at the company were in 2009, when about 5,800 people were affected amid ...
