Microsoft on Thursday posted quarterly earnings that trounced expectations, citing growth in partnerships with companies on technology and cloud computing services. The US technology titan, shifting in recent years to business services from consumer tech, reported its net income rose 49 percent to $13.2 billion on revenue that was up 12 percent to $33.7 billion.
Complete Reading

[pl_row] [pl_col col=12] [pl_text] Facebook’s crypto chief David Marcus faced skepticism Wednesday from lawmakers at a House Financial Services Committee hearing on the company’s plans for the digital currency Libra. Rep. Brad Sherman, D-Calif., compared the potential consequences of Libra to the terrorist attacks on 9/11. “We’re told by some that innovation is always good,”
Complete Reading