microsoft

Microsoft Fires 1,000 Staff As Their Shares Dived Down To 30%

October 19, 2022 9:06 pm

US multinational technology corporation, Microsoft, has reportedly laid off nearly 1,000 of its employees worldwide as the company’s shares had dipped to 30% in one year.

This fresh move is also coming amid fears of recession and also decrease in product demand and the layoffs represent less than half of 1 percent of the company’s 221,000 global employees.

Read Also: FG, Microsoft New Deal To Benefit 5M Nigerians – Osinbajo

Microsoft executives, in a statement, explained that the company made structural adjustments as needed.

“Like all companies, we evaluate our business priorities on a regular basis,” the spokesperson said. “We …

Greece, Microsoft Announce 1bn Euro Cloud Investment

October 5, 2020 5:54 pm

Greece and Microsoft on Monday announced an investment deal worth up to a billion euros ($1.2 billion) to build cloud storage infrastructure in the country.

The announcement comes as Greece’s pro-business government plans to gradually shift the country’s notoriously bureaucratic civil service online.

“We are bringing data centres to Greece. We’re going to create a new region that will include Greece as well as (neighbouring countries),” Microsoft president Brad Smith told the project launch in Athens.

“This is a new opportunity for every small business in Greece… with cloud services, you …

Donald Trump Finally Wears Mask In Public

Trump Backs Oracle In Reported TikTok Bid

August 19, 2020 10:43 am

President Donald Trump has voiced approval of Oracle Corp’s reported bid for TikTok, the Chinese video-sharing sensation that could also be bought by Microsoft.

Reports said Oracle — whose chairman Larry Ellison has raised millions in campaign funds for Trump — was weighing a bid for TikTok’s operations in the US, Canada, Australia and New Zealand.

The Trump administration has given TikTok’s parent company ByteDance a 90-day deadline to divest the app before it is banned in the United States, citing national security concerns.

Taking questions after a speech on Tuesday in Yuma, Arizona, Trump said: “I think Oracle is …

Cloud-based video gaming is just one of many fast-growing uses of cloud computing, one of the most profitable sectors in today's computing world

Cloud Computing: Versatile And Highly Profitable

February 16, 2020 12:44 pm

With each passing quarter, Amazon, Microsoft and Google have been setting new records, while cloud computing has become the invisible backbone supporting much of our daily lives. Its potential to become an even bigger part of people’s daily existence is sky-high.

– Uses –

The rising popularity of the cloud has gone hand-in-hand with that of 4G broadband technology and of smartphones: The combined power of the network and of servers makes it possible for us to listen to music, to watch videos, to work remotely, to post on social media or to request a ride and watch it arrive, …

Amazon Stops Microsoft’s $10billion JEDI Contract

February 14, 2020 4:53 am

A U.S. judge on Thursday granted Amazon.com Inc’s request to temporarily halt the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal.

Amazon filed suit in November alleging that President Donald Trump, who has publicly derided Amazon head Jeff Bezos and repeatedly criticised the company, exerted undue influence on the decision to deny it the contract.

Bezos also owns the Washington Post, whose coverage has been critical of Trump and which has frequently been a target of barbs by Trump about the news media.

Judge Patricia Campbell-Smith issued the preliminary injunction but …

Microsoft Seizes Web Domains Used By North Korean Hackers

January 1, 2020 2:59 pm

Microsoft said Monday it obtained a court order allowing it to seize web domains used by North Korean hacking groups to launch cyberattacks on human rights activists, researchers and others.

The US technology giant said a federal court allowed it to take control of 50 domains operated by a group dubbed Thallium, which tricked online users by fraudulently using Microsoft brands and trademarks.

“This network was used to target victims and then compromise their online accounts, infect their computers, compromise the security of their networks and steal sensitive information,” said Tom Burt, Microsoft’s vice president for customer security and trust.…

Amazon Screams Foul On $10bn Contract To Microsoft

November 15, 2019 8:03 am

Amazon on Thursday challenged the awarding of a $10 billion Pentagon cloud computing contract to Microsoft, alleging “unmistakable bias” in the process.

The 10-year contract for the Joint Enterprise Defense Infrastructure program, better known as JEDI, ultimately will see all military branches sharing information in a system boosted by artificial intelligence.

“It’s critical for our country that the government and its elected leaders administer procurements objectively and in a manner that is free from political influence,” a spokesperson for Amazon Web Services said.

“Numerous aspects of the JEDI evaluation process contained clear deficiencies, errors, and unmistakable bias.”

Amazon said it …

Atiku, PDP show video to prove use of server for polls

INEC server: Atiku calls Microsoft, IBM, Oracle to testify

April 17, 2019 7:53 am

The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, is insistent that the Independent National Electoral Commission stored election results in a server and has said he will call Microsoft, IBM and Oracle experts to testify that he defeated Jubril (President Muhammadu Buhari) by over 1.6 million votes.

Atiku gave the server name as INEC_PRES_RSLT_SRV2019 and its unique Mac address as 94-57-A5-DC-64-B9 with Microsoft Product ID 00252-70000-0000-AA535, in his fresh response to the reply of INEC to his petition.