Microsoft's AI lead puts Amazon cloud dominance on watchMicrosoft leads in cloud market with AI tools like Copilot, while Amazon and Google-parent Alphabet lag. Azure revenue growth surpasses Ama...
25 Apr, 2024, 09.34 AM IST
Big Tech looks to turn the corner on cloud as AI focus stays strongMicrosoft, Google-owner Alphabet, Amazon.com and Meta Platforms - companies that are together valued at over $6 trillion - are set to repor...
24 Jul, 2023, 03.38 PM IST
ChatGPT's explosive growth shows first decline in traffic since launchChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first t...
06 Jul, 2023, 11.31 AM IST
Salesforce posts slowest quarterly revenue growth since 2010Shares of the San Francisco, California-based company fell nearly 5% in trading after the bell. They have surged by more than two-thirds so...
01 Jun, 2023, 09.37 AM IST
Zoom lifts annual forecasts even as growth slows from pandemic peaksZoom Video Communications Inc on Monday raised its full-year forecasts for revenue and profit even as growth winds down from a pandemic boo...
23 May, 2023, 08.32 AM IST
Microsoft unveils AI office Copilot in fast-moving race with GoogleMicrosoft, outpacing peers through investments in ChatGPT's creator OpenAI, also showcased a new "business chat" experience that can pull d...
17 Mar, 2023, 08.51 AM IST
Microsoft-backed OpenAI starts release of powerful AI known as GPT-4OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is "multimodal," meaning images as well...
15 Mar, 2023, 07.28 AM IST
Zoom fires president Greg Tomb after laying off 1,300 employeesThe company said in a regulatory filing in the US that Tomb's contract was abruptly terminated "without cause".
06 Mar, 2023, 01.58 PM IST
Salesforce signals strong position with buyback plan boost, upbeat forecastSalesforce Inc on Wednesday forecast first-quarter revenue above analysts' estimates and doubled its share repurchase to $20 billion, indic...
02 Mar, 2023, 08.24 AM IST
Zoom jumps on AI bandwagon, forecasts upbeat 2024 profit targetsSan Jose, California-based Zoom forecast profit between $4.11 and $4.18 per share for fiscal 2024, compared with analysts' average estimate...
28 Feb, 2023, 09.56 AM IST
Microsoft's dour outlook raises red flags for tech sectorMicrosoft, the second most valuable US company, sounded a cautious note in its quarterly earnings report as a steep fall in client spending...
25 Jan, 2023, 09.43 PM IST
Microsoft, Amazon results to highlight softening cloud businessAfter years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the ...
24 Jan, 2023, 09.58 AM IST
Microsoft, Amazon results to highlight softening cloud businessAfter years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the ...
23 Jan, 2023, 08.56 PM IST
Palantir Q2 revenue forecast below estimates, stock tanksPalantir Technologies Inc reported a $0.02 per share quarterly profit, missing the Zacks Consensus Estimate of $0.04 per share. This compar...
09 May, 2022, 10.11 PM IST
Microsoft faces challenge cleaning up Activision Blizzard's cultureAccomplishing that will require Microsoft to deviate from its usual hands-off approach on acquisitions to tackle what amounts to a "clean u...
21 Jan, 2022, 08.50 AM IST
KKR invests $500 million in cloud storage firm Box, gets board seatDemand for Box's offerings including file sharing, cloud storage and cloud backup services have risen during the Covid-19 pandemic as emplo...
09 Apr, 2021, 10.08 AM IST
Salesforce in talks to acquire workplace app Slack: ReportSalesforce's bid comes as Slack faces fierce competition from Microsoft Teams and other workplace apps.
26 Nov, 2020, 09.30 AM IST