Microsoft sees growth amid pandemic computing demands

Energy Daily Friday, 24 July 2020 ()
Microsoft sees growth amid pandemic computing demandsSan Francisco (AFP) July 22, 2020

Microsoft on Wednesday reported rising revenues in the past quarter amid strong demand for cloud computing services from pandemic-hit businesses and consumers and big gains in its Xbox gaming operations. Profits in the quarter ending June 30 fell 15 percent to $11.2 billion, the result of increased tax charges compared with a year ago. Revenue meanwhile rose 13 percent to $38 billion, le
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News video: LinkedIn cuts 960 jobs

LinkedIn cuts 960 jobs 01:15

 Microsoft's professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6% of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products. Fred Katayama reports.