Microsoft Discloses Azure Revenue: $33.2 Billion
Microsoft has revealed Azure's quarterly revenue in dollars for the first time, reporting $33.2 billion and providing a clearer view of its competition with AWS.
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Business
Clear, sourced updates across technology, AI, business, finance and games.
24 briefings found
Bloom Energy Beats Earnings Expectations by 36% but Shares Stay in a Rut
Bloom Energy, a fuel-cell maker boosted by data-center demand, beat earnings expectations by 36% and revenue expectations by 15%, yet did not see the usual post-results bump, MarketWatch reports.
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Investors Urged to Be Skeptical of Potential Tesla-SpaceX Merger
MarketWatch reports that Wall Street is abuzz over a possible merger between Tesla and SpaceX, but argues such a merger would likely be a bad idea.
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From Local Discovery to Top Tourism Role at a Whisky Distillery
Zoey Darnbrough, who had no idea there was a distillery near her home, now holds a top tourism role there, according to BBC Business.
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Banks Expect to Be Hit with Higher Taxes in Budget
Senior banking executives have told the BBC they expect to be "on the menu" in the chancellor's Budget tax later this month.
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Tech Selloff Hits Software and Chip Stocks Alike
Software and semiconductor stocks fell together on Friday as AI and interest-rate fears hit the market, according to MarketWatch.
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Royal Mail Losing 400 Postal Workers a Week, Says Union
The CWU claims Royal Mail is losing 400 postal workers weekly due to a new delivery system that it says is failing in hundreds of offices.
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Aaron Sorkin’s ‘Social Reckoning’ is off to a weak start
TechCrunch reports that Aaron Sorkin’s new film ‘Social Reckoning’ has opened to weak box office, raising questions about a fall season of movies featuring villainous tech CEOs.
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Charities and Businesses Wrestle with Diesel Cost
Cancer charity Daft as a Brush and Teesside Minibus Hire say they are struggling with pump prices, according to BBC Business.
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Ex-Deutsche Bank Trader Christian Bittar Has Rate-Rigging Conviction Overturned
The Court of Appeal has quashed the conviction of Christian Bittar, a former Deutsche Bank trader jailed in 2018 for rigging interest rates, according to BBC Business.
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When to Talk About Salary in a New Relationship
A BBC Business article explores the tricky timing of discussing earnings when dating, noting that bringing up salary can be an awkward but important conversation.
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Analysts Weigh Potential Starbucks-Chipotle Tie-Up
MarketWatch reports analysts are considering a possible Starbucks acquisition of Chipotle, with concerns about Starbucks' existing debt load.
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Mark Zuckerberg's Image Problem vs. Meta's Booming Business
A new film portrays Meta founder Mark Zuckerberg as a villain, but the tech firm appears immune to bad publicity, according to BBC News.
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Amazon Wins Global Rights to Stream Emmys in Six-Year Deal
Amazon has secured a six-year deal for global streaming rights to the Emmy Awards, moving the ceremony from traditional US broadcast networks to live worldwide streaming.
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Rising Energy Costs Add to Cost of Living for Northern Ireland's Consumers
Households across Northern Ireland face increasing pressure on the cost of living as energy price hikes have come into effect, according to BBC Business.
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Tesla EV Sales Beat Wall Street Expectations, Stock Surges
Tesla reported higher-than-expected electric vehicle sales for the latest quarter, though deliveries were still below the same period a year ago. The stock rose sharply on the news.
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Lyft to Pay $272.5M to Settle Driver Classification Lawsuit
Lyft has agreed to pay $272.5 million to settle a lawsuit from 2020 over how it classified drivers, according to TechCrunch.
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What's gone wrong at Nike? How the world's sportswear giant lost its mojo
Several self-inflicted mistakes have cost the biggest sportswear brand on the planet in recent years, according to a BBC News report.
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Andy Burnham Refuses to Back Third Runway at Heathrow
Andy Burnham has declined to support the proposed third runway at Heathrow Airport, saying he will wait for the results of a consultation on the £33bn scheme.
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Scottish Drivers Hit as Diesel Passes £2 a Litre Across the Country
Diesel prices in Scotland have exceeded £2 per litre, with the RAC expecting the average UK diesel price to reach a new record high over the weekend.
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Pet-Sitting Business Grosses $300,000, Owner Pays Herself $50,000
A MarketWatch reader asks whether to follow a friend's pet-sitting model, where the business grosses $300,000 but the owner takes a $50,000 salary.
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UEFA Concerned About Premier League Spending Impact on Transfer Market
UEFA has expressed concern that a 'two-speed system' is emerging in the transfer market due to heavy spending by Premier League clubs, according to BBC News.
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Bessemer Raises $5.75B to Invest in AI
Venture capital firm Bessemer has secured another $5.75 billion to invest, with a focus on AI, according to TechCrunch. The firm says AI-native companies are growing faster than any technology ever.
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Lidl Banned from Selling Copycat Birkenstock Sandals, Dutch Court Rules
A Dutch court has ruled that Lidl must stop selling sandals that imitate Birkenstock designs and must compensate the German footwear maker, according to BBC Business.
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