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Satya Nadella

Microsoft plans to cut ‘thousands’ of jobs: source

WASHINGTON: Microsoft plans to cut "thousands" of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters. Reuters reported on Monday that Microsoft would undergo a reorganization that would impact its sales and marketing teams as the company doubles down on its fast-growing cloud business. Microsoft's shares were down 0.7 percent at $68.63 on Thursday. The Redmond, Washington-based company employed about 120,000 people globally as of March 31, with sales and marketing…

Cloud boosts Microsoft as it absorbs LinkedIn

WASHINGTON: Microsoft on Thursday reported a rise in profits over the past quarter, showing gains in cloud computing and other new areas of focus as it absorbed the LinkedIn social network. The US tech giant said profits rose 3.6 percent in the second fiscal quarter to $5.2 billion, while revenues edged up one percent to $24 billion. The US tech giant, which is shifting away from dependence on software to a broader array of services, said the LinkedIn acquisition boosted its revenue in the last three months of the year…

Microsoft aims to wow with high-end PCs, 3D software

NEW YORK: Microsoft launched a consumer offensive on Wednesday, unveiling new high-performance computers and an updated Windows operating system that showcases three-dimensional content and "mixed reality." The US tech giant announced its first desktop computer, called Surface Studio, a $3,000 high-end "all-in-one" device that aims at Apple's Mac. "We're creating a new category that transforms your desk into a creative studio," Microsoft chief executive Satya Nadella said at the unveiling in New York. With a large,…