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The Dollar Business Bureau Microsoft on Monday reorganised its sales force worldwide, which could result in layoff of thousands of employees. According to reports in the media, citing sources, the Washington-based tech giant would hand over pink slips to “thousands” of its staff worldwide. The reorganising in the company includes simplifying the customer units to two segments only - enterprise and SME customers. The company is also establishing some new teams and is centralising tasks under other divisions. Microsoft’s Chief Executive Officer Satya Nadella has sought to cut the company’s focus on software and shift to cloud computing and other business services. “From large multinationals to small and medium businesses to non-profits all over the world, organisations are using Microsoft’s cloud platforms to power their ...

PTI India has become a land of software developers with the country accounting for the third largest number of such professionals, a senior Microsoft official has said. Driven by immense opportunities that the Indian government's digitisation programme has offered and the fact that it opens up a new vista of more than a billion plus market inside the country, there is a new level of enthusiasm and confidence among the Indian developers' community, said Narendra Bhandari, GM Developer Group in India, Microsoft. "The impact of these policy initiatives like demonetisation and GST, which is being rolled out soon, on software developers is that people who are building these applications are now thinking, how do I build these applications for a ...

PTI Microsoft's India-born chief Satya Nadella on Wednesday attempted to allay concerns over the increasing use of technology in public life and said building trust was crucial to its utilisation as a tool to "empower" people. Nadella, the chief executive officer of Microsoft, also urged software developers to use technology to bring in "more and more people" within the global technological network. "Building trust in technology is crucial... Ensure that there is more trust in technology each day. We have to capture the essence of the timeless value," Nadella told the annual Microsoft developer's conference 'Build 2017' here. His remarks gain significance amid concerns raised about the use of technology both in the United States and India. The ...

The Dollar Business Bureau After Flipkart roped in $1.4 billion funding from a consortium of private investors recently (eBay, Microsoft, and Tencent), Ola is the second struggling home-grown new-generation startup to avail a fresh capital of $250 million - $300 million from Japanese telecom major Softbank this year. As revealed by the filings in Registrar of companies, SIMI Pacific Pte, Softbank's subsidiary, has bought 12,97,945 shares at a premium of Rs 12,895 in ANI Technologies, the parent company of Ola. Struggling to overcome severe competition from American cab service provider Uber, market leader Ola's story is not very different from the face-off between Flipkart and Amazon. But the similarities between the two cases extend beyond the market dynamics, to include the involvement of the same global mega-investor Softbank. The Japanese backer of Ola, after ...

The Dollar Business Bureau In a new development that has surfaced in India's tumultuous e-commerce industry, Softbank is brokering a merger between arch rivals Flipkart and Snapdeal. Consolidation seems to be a logical step in an environment where no single player is able to decisively emerge successful. It was recently reported that Softbank, the single largest financial backer of Snapdeal, will assume a 15% stake in the combined entity. The Japanese telecom giant is to invest up to $1.5 billion in order to assume a significant partial ownership of the Flipkart-Snapdeal pie. Flipkart, India's indigenous e-tailing platform, fell from its all-time high valuation of $15.2 billion in 2015 to $10 billion in 2017, when it initiated a new round of fund-raising. The Indian Unicorn is said to have bagged $900 million ...

The Dollar Business Bureau Microsoft CEO Satya Nadella, on his multi-city tour to India, met PM Narendra Modi and IT and Law Minister Ravi Shankar Prasad. In this brief meeting, he pitched Microsoft's digital inclusion initiatives to the government, which would help increase the reach of educational and healthcare services in rural areas.  At NITI Aayog, Nadella participated in discussions to shed light on the growing importance of cloud computing in good governance. LinkedIn, now a professional social network wholly owned by Microsoft, was also discussed for its potential in skilling and employment generation, along with other rural digital programmes.  Prasad also praised Microsoft's pilot project in Harisal, Maharashtra, which demonstrated the software giant's ability to bring good healthcare and education to remote areas by introducing digital connectivity. He also said that the government is mulling the prospect ...

The Dollar Business Bureau The state government of Jharkhand and Microsoft India on Friday signed a Memorandum of Understanding (MoU) to leverage cloud technology in order to drive the digital ambitions of the state. This MoU will support the government of Jharkhand to explore cloud, mobile-based solutions and machine learning to improve people services and offer better facilities in the areas of agriculture and education, according to a statement by Microsoft India. The pact was inked at the Momentum Jharkhand Global Investors Summit held between February 16–17, 2017 in Ranchi.  The state government has been utilising modern IT infrastructure to deliver citizen services and for driving technology-led schemes such as Digital India and Skill India. The MoU will support the government to access the finest ...

PTI Silicon Valley's top executives, including India-born CEOs Google's Sundar Pichai and Microsoft's Satya Nadella, condemned President Donald Trump's immigration ban on people from seven Muslim-majority countries, voicing concern that the move could directly hit their own staffers and stop bringing great talent to the US.Executives from Microsoft, Google, Apple, Netflix, Tesla, Facebook, Uber and other top American companies slammed Trump's immigration order that sparked widespread protests across the US.Trump yesterday signed a sweeping executive order to suspend the arrival of refugees and impose tough new controls on travellers from Iran, Iraq, Libya, Somalia, Syria and Yemen, as part of new measures to "keep radical Islamic terrorists" out of America.Condemning the move, Nadella, in a post on LinkedIn, said "As an ...