Microsoft exceeded revenue expectations, fueled by strong demand for AI tools and Azure cloud services, with Azure revenue soaring by 39%. ...

Microsoft reported a 33% rise in Azure cloud revenue for Q3 2025, surpassing estimates and driven partly by AI, which contributed 16 percen...

The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were struggling to ...

Amazon shares fell 3.72% to $229.95 following disappointing cloud revenue growth. The company's cloud unit reported a 19% revenue rise, mis...

Revenue rose 12% to $96.47 billion in the fourth quarter, compared with the average analyst estimate of $96.56 billion, according to data c...

Microsoft's board has approved a $60 billion share buyback program and declared a quarterly dividend of $0.83 per share, an increase of 10%...

Layoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers o...

Microsoft revealed plans to boost investment in AI infrastructure despite a slowdown in cloud business growth, leading to a dip in shares. ...

The company, one of the largest in the world by market capitalisation, is on track to shed about $60 billion from its valuation of $1.126 t...

The Redmond, Washington-based tech giant was set to add nearly $160 billion to its market value and replace Saudi Aramco as the world's sec...

Over the past months, several startups have been approached by AWS rivals to switch over for lesser pricing, multiple founders who have bee...

After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the ...

After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the ...

Microsoft reported revenue of $50.12 billion for its fiscal first quarter, up 11% year-on-year, and slightly above analysts' expectations o...

Chinese cloud service providers have already said that growth had slowed due to market regulations, while AWS, Azure and Google Cloud repor...

The BPO-KPO sector in India is facing the heat of the US slowdown, particularly following the recent events in the financial markets.

Businesses of a host of small- and mid-sized firms have taken a further hit in the BPO-KPO since a major chunk of biz comes US. Survive cre...