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Microsoft pledges $500 million to boost affordable housing
Posted on 17th January 2019
Microsoft Corp. said it will spend $500 million to develop affordable housing and help alleviate homelessness in the Seattle area, responding to a growing regional housing crisis that has strained the finances of many lower- and middle-income residents.

Half the money will be spent to support low-income housing across King County with a further $225 million invested at lower than market rates to subsidize the preservation and construction of middle-income homes, the Redmond, Washington-based company said in a blog post.


How Microsoft CEO Satya Nadella led company’s biggest turnaround in 2018
Posted on 3rd January 2019
Microsoft CEO Satya Nadella, it seems, is determined to break free of the company’s current work culture by taking it back to its core roots when it was under its co-founder Bill Gates.

The year 2018 was particularly a good year for Microsoft as the company continues to grow under the stable leadership of its Indian-origin CEO Satya Nadella. The company which is headquartered in Redmond finished as the most valuable company in the world in November 2018, surpassing Apple and Amazon, reported Forbes.


Microsoft’s bug bounty: How this Kerala-based security engineer won an undisclosed amount
Posted on 15th December 2018
In a huge achievement, a Kerala-based application security engineer has won bug bounty from global tech-giant Microsoft for discovering a series of vulnerabilities that left over 400 million Microsoft users’ accounts open to hacking. Reportedly, these accounts were from Office 365 to Outlook emails.

Sahad NK, who works as a security researcher with cyber security portal Safetydetective.com, came across multiple vulnerabilities and reported to Microsoft. Sahad, with the help of fellow security researcher Paulos Yibelo, reported the bug to the company in June and were fixed by November end.


Top Indian-American Microsoft AI executive Joseph Sirosh joins Compass
Posted on 6th December 2018
Microsoft’s Indian-origin artificial intelligence (AI) expert Joseph Sirosh has joined Compass as its Chief Technical Officer (CTO) as the American real estate technology company stepped up its efforts to ease sale and purchase of houses in the United States. In his new role, Sirosh will lead the company’s engineering team and help in developing new AI-powered products for the New York-based firm’s real estate ecosystem.

Microsoft’s market value overtakes Apple’s to close out week
Posted on 1st December 2018
Microsoft Corp’s stock market value closed above Apple Inc’s for the first time in eight years on Friday as the Windows maker benefited from growth in cloud computing while Apple was hit by investor concern about iPhone demand. Shares of Microsoft rose 0.6 percent to end the week at $110.89, putting its market capitalization at $851.2 billion. Apple shares fell 0.5 percent to $178.58 on the day, adding up to a market value of $847.4 billion.

Microsoft topples Apple, becomes world’s most valuable company
Posted on 29th November 2018
Microsoft Corp surpassed Apple to become the world’s most valuable publicly traded company. All it took was a $300-billion rout. After briefly claiming the top spot on Monday, Microsoft shares rose 0.6% on Tuesday, pushing the company’s market value to $828.1 billion at the close. That exceeded by more than $1 billion the value of Apple, which has tumbled this month on concern about iPhone unit sales.

Who's the most valuable of them all: Apple may lose crown to Microsoft
Posted on 27th November 2018
Just four months after Apple Inc breached the $1 trillion mark, the iPhone maker has lost its lead as Wall Street's most valuable company and is on the verge of being replaced by Microsoft Corp .

Apple shares fell 1.77 percent in extended trade after U.S. President Donald Trump told The Wall Street Journal that tariffs could be placed on laptops and mobile phones imported from China.


Microsoft surpasses Apple to become most valuable US company
Posted on 24th November 2018
Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, riding past Apple for the first time since 2010 when it came close to the Cupertino-based tech giant.

Apple, which became the first $1-trillion US company in August, came down to $746.8 billion on Friday, owing to lower-than-expected iPhone sales amid reports of its suppliers cutting cost and workforce.


Microsoft acquires XOXCO, bot making company, to bolster conversational AI across products
Posted on 16th November 2018
Microsoft has announced to acquire a conversational Artificial Intelligence (AI) and bot development company XOXCO for an undisclosed sum.

Texas-based XOXCO has been paving the way in conversational AI since 2013 and was responsible for the creation of Howdy, the first commercially available bot for Slack that helps schedule meetings.


Microsoft doesn't milk user data: Nadella's subtle jibe at Google, Facebook
Posted on 6th November 2018
In an apparent jibe against rivals Google and Facebook, Microsoft CEO Satya Nadella has said the company doesn't use customers' personal data for profit unlike some other firms.

In an interview with The Times on Monday, Nadella said the company "had chosen not to squeeze the last drop of revenue from the troves of user data on its Bing search engine and the Linkedin social network, which it bought in 2016".


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