Microsoft is abandoning its local version of LinkedIn in China, a move that would close off the last major U.S.-owned networking platforms remaining in the country. LinkedIn entered mainland China in 2014, a country known for its highly restrictive censorship practices set by the ruling Communist Party. The platform now boasts about 53 million local…
Microsoft to Shut Down LinkedIn in China Following Censorship Criticism
Microsoft to Shut Down LinkedIn in China Amid Censorship Criticism
Microsoft is abandoning its local version of LinkedIn in China, a move that would close off the last major U.S.-owned networking platform remaining in the country. In 2014, LinkedIn entered mainland China, a country known for its highly restrictive censorship practices set by the Chinese Communist Party. The platform now boasts about 53 million local…
Wall Street Ends Sharply Higher as Big Tech Roars Back
Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks and investors awaited monthly payrolls data later this week that could influence the U.S. Federal Reserve’s decision on when to scale back monetary stimulus. Apple, Microsoft, Amazon, and Alphabet, Wall Street’s most valuable companies, each rose more…
American Airlines, Microsoft Join Gates-Backed Program to Boost Clean Energy
September 20, 2021
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Several U.S. companies, including American Airlines Group Inc., General Motors and Microsoft Corp., on Monday build on their commitment to clean energy by joining billionaire and Microsoft co-founder Bill Gates’ Breakthrough Energy program. The initiative aims to boost development of technologies to achieve the target of net-zero carbon emissions by 2050. Its catalyst program aims…
Former AWS Veteran Charlie Bell to Head Cybersecurity Ops at Microsoft
September 16, 2021
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Former Amazon.com Inc. cloud executive Charlie Bell said he has joined Microsoft Corp. to lead a newly formed role overseeing cybersecurity operations. Bell, who will start as an executive vice president, indicated in a LinkedIn post that his role will include dealing with digital fraud, ransomware attacks and with public exposure of private data. Bell’s…
NTD Business Full Broadcast (Sept. 15)
Senate leaders — disagreeing on whether to raise the debt limit. What’s the significance? We have analysis. The housing market seems to be cooling off again. According to Redfin, competition for homes is decreasing. We hear from people in the industry. And Microsoft announcing its biggest ever stock buyback, but some regulators are also targeting…
Microsoft Shares Edge Higher on $60 Billion Buyback Program
September 15, 2021
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Microsoft Corp. shares rose 1 percent in early trading on Wednesday after the company announced a $60 billion share repurchase plan, its biggest ever. The announcement comes just days after two U.S. Senate Democrats unveiled a proposal to tax corporate stock buybacks to help fund President Joe Biden’s $3.5 trillion investment plan. The senators said…
Microsoft to Buy Back up to $60 Billion in Shares; Names Brad Smith Vice Chair
Microsoft Corp. on Tuesday said it will conduct an up to $60 billion share buyback program, raise its quarterly dividend by 11 percent, and appoint company President Brad Smith as vice chair. Microsoft said the buyback program has no expiration date and may be terminated at any time, and that it would pay a dividend…
Microsoft Return to US Offices Delayed Indefinitely
REDMOND, Washington—Microsoft told employees Thursday that it has indefinitely delayed their return to U.S. offices until it’s safer to do so. “Given the uncertainty of COVID-19, we’ve decided against attempting to forecast a new date for a full reopening of our U.S. work sites,” Jared Spataro, a corporate vice president, wrote in a blog post….
Microsoft Warns Azure Customers of Flaw That Could Have Permitted Hackers Access to Data
SAN FRANCISCO—Microsoft warned some of its Azure cloud computing customers that a flaw discovered by security researchers could have allowed hackers access to their data. In a blog post from its security response team, Microsoft said it had fixed the flaw reported by Palo Alto Networks and it had no evidence malicious hackers had abused…
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