Friday, April 26

Search Results for: satya nadella

Tax Department To Eye Social Media Accounts To Trace Black Money

The photos of your Singapore vacations trip or your brand new luxury car on Instagram or Facebook may lead the tax department on your doorstep if you’re evasing tax or hold black money. The tax department from next month will begin amassing virtual information to trace such frauds.

Technology Giant Microsoft Will Cut Up to 3,000 Jobs

Technology giant Microsoft is undertaking a major reorganisation that will likely see the company cutting about 3,000 jobs from its global workforce, a media report said today. The layoffs under the restructuring at the technology giant led by India-born Satya Nadella will mostly affect sales, and as many as 3,000 jobs will be cut, CNBC […]

Microsoft Launched Linkedin Mini Version For Semi Skilled Workers in India

Microsoft CEO Satya Nadella today made a strong case for using digital technologies to empower the common man and launched a slew of India-centric initiatives, including a platform to connect semi-skilled workers with employers. The technology giant also launched a ‘lite’ version of its video interaction platform Skype. “If digital technology is only the purview […]

Microsoft’s Market Value Tops $500 Billion Again after 17 years

Microsoft Corp’s market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology giant’s stock rose following another quarter of results that beat Wall Street’s expectations. Shares of the world’s biggest software company rose as much as 2.1 percent to $65.64, an all-time high, in early trading, valuing the company at […]

Microsoft Posts $3.1 Billion in Profit, a Year After Big Loss

AFP, SAN FRANCISCO: Microsoft said Tuesday it posted a profit of $3.1 billion in the just-ended quarter, swinging into the black a year after hefty charges from writing off mobile phone assets. “This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations,” said […]

After Linkedin, Microsoft Acquires Messaging Start-up Founded By Indian

Technology giant Microsoft has acquired a messaging-app developer founded by an Indian, as the US-based software firm aims to strengthen its position in the emerging era of combining the power of human language with advanced machine intelligence. Microsoft acquired California-based Wand Labs, a start-up which builds messaging technology for apps, founded in 2013 by IIT-Delhi […]

Microsoft Acquired LinkedIn in $26 Billion Cash Deal

On Monday, Microsoft Corp acquired LinkedIn Corporation for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash deal. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder […]

Microsoft Will Cut off 1800 Jobs

Microsoft Corp said on Wednesday it will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950 million from the operation. The U.S. company, which entered the phone business in 2014 by buying Finnish firm Nokia’s handset unit, said it would “streamline” its smartphone business and close […]