Apr. 03, 2024 12:04 PM EDT
Amazon said Wednesday it's cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift.
The company will trim “a few hundred roles” in the team that overlooks technology for physical stores, a move that comes just a day after Amazon said it was ditching...
Feb. 03, 2024 06:02 AM EST
Satya Nadella marks his tenth year as Microsoft CEO on Sunday, capping a decade of stunning growth as he pivoted the slow-moving software giant into a laser focus on cloud computing and artificial intelligence.
Microsoft’s stock has soared by more than 1,000% since Nadella took...
Jan. 30, 2024 20:01 PM EST
SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in its cloud-computing unit, where Microsoft focuses...