Latest Microsoft Corp News

Saudi recruitment of Twitter workers reflects insider risks

Nov. 7, 2019 11:04 PM EST

Allegations that two former Twitter employees spied on users for the Saudi government have spotlighted the threat posed by insiders who exploit their access to the mountains of sensitive data held by tech companies. The Twitter case adds an alarming international dimension to the longstanding problem of rogue...

Google employees call for corporate climate change action

Nov. 4, 2019 4:50 PM EST

SAN FRANCISCO (AP) — Google employees are demanding the company issue a climate plan that commits it to zero emissions by 2030. An online petition posted Monday bears signatures from more than a thousand Google employees. It also calls on Google to decline contracts that would support the extraction of...

Pentagon awaits possible Amazon challenge over cloud deal

Nov. 1, 2019 1:11 PM EDT

Amazon must decide soon if it will protest the Pentagon's awarding of a $10 billion cloud computing contract to rival Microsoft, with one possible grievance being the unusual attention given the project by President Donald Trump. Amazon was long thought to be the front-runner in the competition for the huge...

Asian markets follow Wall Street higher after Fed rate cut

Oct. 31, 2019 1:32 AM EDT

BEIJING (AP) — Most Asian stock markets followed Wall Street higher on Thursday after the Federal Reserve cut a key interest rate. Tokyo, Hong Kong and Seoul advanced. Shanghai retreated 0.1% after Chinese factory activity weakened more than expected in October. Investors welcomed the Fed's third rate cut...

Apple shakes off iPhone slump to deliver strong fiscal 4Q

Oct. 30, 2019 6:53 PM EDT

SAN FRANCISCO (AP) — Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone. Sales and revenue in the July-September quarter exceeded Wall Street estimates as Apple's newest iPhones got off to a better start than expected, even though the devices...

Correction: Amazon-City Council Spending story

Oct. 30, 2019 2:46 PM EDT

SEATTLE (AP) — In a story Oct. 29 about Amazon's contributions to the Seattle City Council elections, The Associated Press misspelled the last name of a council member. It is Lorena González, not Gonzáles. A corrected version of the story is below: Amazon hopes $1.5 mil elects pro-business...

Global markets dip as week of earnings, reports heats up

Oct. 29, 2019 8:02 AM EDT

BANGKOK (AP) — Shares in Europe turned lower on Tuesday after a mixed session in Asia, where Chinese benchmarks declined after Hong Kong's leader warned political protests may push the territory into recession. Wall Street appeared headed for declines at the open, a day after the benchmark S&P 500 hit...

Asian shares mixed after S&P 500 hits all-time high

Oct. 29, 2019 12:13 AM EDT

BANGKOK (AP) — Shares were mixed in Asia and Chinese benchmarks fell Tuesday after the S&P 500 index closed at an all-time high. The rally Monday came at the beginning of a busy week of corporate earnings and economic reports and with investors expecting another interest rate cut by the Federal...

Google falls short on third-quarter profit

Oct. 28, 2019 7:18 PM EDT

SAN FRANCISCO (AP) — Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell more than 2% in after-hours trading. Still, the company met growth expectations for its key moneymaking businesses —...

Tiffany, Microsoft rise; Prologis; PG&E fall

Oct. 28, 2019 4:31 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday. Tiffany & Co., up $31.17 to $129.72 French luxury group LVMH is offering $14.5 billion in cash for the iconic jeweler. Microsoft Corp., up $3.46 to $144.19 The Pentagon awarded the software company a $10 billion...