Microsoft could lay off thousands in a major refocussing of its sales force software
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 ...
Building trust in technology is crucial: Microsoft's Nadella
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 ...
Nadella pitches Microsoft's digital initiatives for Rural India
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 ...
US tech industry condemns Trump's immigration ban
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 ...
Microsoft posts growth in cloud services, drop in phones
The Dollar Business Bureau Microsoft released its FY 2017 second quarter results on January 26, 2017. It reported total revenues of $24.1 billion, up 1% year on year. The net income ($5.2 billion) has seen an increase of 4% year on year and earnings per share have increased to $0.66, up 6.4% from the previous year. Microsoft has its operations divided broadly into 'Productivity and Business Processes', 'Intelligent Cloud' and 'More Personal Computing'. The 'Productivity and Business Processes' segment showed 10% increase in revenue, amounting to $7.4 billion. Revenue in 'Intelligent Cloud' was $6.9 billion, up 8%, majorly driven by a 93% rise in revenue from Azure. 'More Personal Computing' saw a 5% drop in revenue, which stood at $11.8 billion. The fall is attributed primarily to sluggish phone sales. Growth of ...
Trump conducts meeting with US technology leaders
The Dollar Business Bureau US President-elect Donald Trump conducted a meeting with a host of high-profile technology leaders of the country during a summit which also had Indian-American Microsoft CEO, Satya Nadella as one of the attendees. "I am here to help you folks do well," said Trump while addressing the group of Silicon Valley CEOs during the meeting. According to his spokesman, it was one of the series of such meetings that Trump conducted with the Silicon Valley’s most powerful executives. The objective of the meeting was to pave way for partnership with these leaders resulting in innovation and generating more jobs in the US, particularly for working Americans. “There is nobody like you in the world. There is nobody like the people ...
Microsoft to buy LinkedIn for $26.2 bn
The Dollar Business Bureau Software giant Microsoft announced on Monday that it is acquiring professional social network giant LinkedIn in a deal worth $26.2 billion. In its largest acquisition till date, the tech giant bets that LinkedIn's social platform can help to jump-start Microsoft's offerings of software packages by combining them with the huge social network of LinkedIn. The deal was an all-cash one between the two. Microsoft agreed to pay $196 per share, 50 percent more than the closing price of LinkedIn shares on Friday. With this deal, Microsoft can use LinkedIn’s database of professional information and distribution network for its software packages. LinkedIn too gains by getting additional funding to reach out to millions of people to join its network. Of late ...
Microsoft to set up Centre of Excellence in Vizag
Source: PTI Microsoft India will engage and train Andhra government’s key IT executives on Microsoft technologies The Andhra Pradesh government on Monday said Microsoft India will be setting up a Centre of Excellence in Visakhapatnam as part of its digital inclusion drive in the state, besides sharpening focus on raising productivity. The technology giant signed an MoU with the Andhra Pradesh government in deployment and use of information and communications technologies to offer better citizen services in the state, an official release said. Andhra Pradesh Chief Minister N Chandrababu Naidu hosted a breakfast meeting for Microsoft CEO Satya Nadella – who is currently on a visit to Hyderabad – at his residence on Monday. The meeting lasted for 80 minutes, ...