Wednesday, April 24

Tag: Microsoft

Ola Ties Up With Microsoft For Connected Car Platform
8Nov By reutersNo Comments
FUNDING

Ola Ties Up With Microsoft For Connected Car Platform

Indian ride-hailing firm Ola said it has tied up with Microsoft to build a connected-car platform and will use the U.S tech giant’s Azure cloud-computing service to power its in-car entertainment offering. Microsoft is separately also in talks over a potential investment in Ola, a source told Reuters, declining to be named as the discussions are private. The new connected-vehicle platform, for cars that have internet access, will have features to aid navigation and to flag when vehicle maintenance is required, Ola said in a statement on Tuesday. “Both companies will collaborate to take this platform to car manufacturers globally to integrate with vehicle systems,” Ola said, making the announcement during a visit to India by Microsoft CEO Satya Nadella. Ola, which has been locked in...
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Jeff Bezos Surpasses Bill Gates, Becomes The Richest Person- Again
28Oct By RishabhNo Comments
News

Jeff Bezos Surpasses Bill Gates, Becomes The Richest Person- Again

Amazon.com Inc's post-earnings surge has pushed Jeff Bezos to the top of the Bloomberg Billionaires Index for the first time, ahead of Microsoft co-founder Bill Gates who had held the spot as the richest person on Earth for four years. Bloomberg Billionaire Index showed that Jeff Bezos added $10.4 billion to his net worth as Amazon shares rose to 13 percent. At the close of U.S. markets Friday, Bezos held a net worth of $93.8 billion, $5.1 billion ahead of Gates on the Bloomberg index, who was at $88.7 billion. Earlier this year, Bill Gates donated 64 million of the Microsoft's shares worth US$4.6 billion. Reports suggest that this was the largest gift that Gates made since 2000. Bill gates gave away $16 billion worth of Microsoft shares in 1999 and $5.1 billion a year lat...
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Microsoft Responded Quietly After Detecting Secret Database Hack In 2013
17Oct By reutersNo Comments
USA

Microsoft Responded Quietly After Detecting Secret Database Hack In 2013

Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. The company did not disclose the extent of the attack to the public or its customers after its discovery in 2013, but the five former employees described it to Reuters in separate interviews. Microsoft declined to discuss the incident. The database contained descriptions of critical and unfixed vulnerabilities in some of the most widely used software in the world, including the Windows operating system. Spies for governments around the globe and other hackers covet such information because it shows them how to create tools for e...
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Zara Founder Amancio Ortega Becomes The World’s Richest Man, Beating Bill Gates
31Aug By PriyankaNo Comments
News

Zara Founder Amancio Ortega Becomes The World’s Richest Man, Beating Bill Gates

Spanish retailer Amancio Ortega became the world's richest person on Tuesday, claiming the crown for less than a day. Ortega, 81, is now worth an estimated $85 billion, according to Forbes’ real-time rankings of the world’s billionaires. His net worth is up $1.2 billion in the last month Amancio Ortega, founder of Zara's parent company Inditex SA and Europe's wealthiest person claimed the title of 'World's Richest Person' for a while on Tuesday. (more…)
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Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon
30Aug By AdityaNo Comments
Tech, USA

Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon

In the cloud wars, Google has teamed up with VMware and Pivotal its $2.8 billion valued spin-off against Amazon. Together they have come up with a solution called Kubernetes, a software project that started out as a way for Google to manage its massive server infrastructure and has since become a go-to tool for modern software developers . (more…)
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ANI Technologies, Ola Parent May See Some Investment From Microsoft
25Jul By RishabhNo Comments
FUNDING

ANI Technologies, Ola Parent May See Some Investment From Microsoft

American Multinational giant Microsoft may invest some money for a small stake in ANI Technologies Pvt Ltd, the company that runs Ola, in a deal where this ride hailing service will switch from Amazon Web Services (AWS) to Microsoft's Azure Cloud Platform. “The talks with Ola are in very early stages. More than the money, it is more about Nadella’s vision of partnering with more and more large technology companies in India and establish Azure as service of preference. Microsoft is likely to invest in Ola but a term sheet is yet to be issued,” one of the two persons cited above said on condition of anonymity. Ola is already in the middle of fund-raise and is currently valued around $3.5 Bn, and is the third most valued startups in the country. Ola has been in constant battle with Uber in ...
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