Although the pandemic has hit many industries hard, the gaming sector has been one of the few to experience an unprecedented boom, with people seeking entertainment at home during successive rounds of restrictions.
Volkswagen and Microsoft have been cooperating since 2018 to connect cars with Azure, with first trials of the planned system due later this year and rollout envisaged for 2022.
The US technology stalwart reported net income of $15.5 billion in the final three months of last year, a 33 percent jump from the same period in pre-pandemic 2019. Overall revenue rose 17 percent from a year ago to $43.1 billion, Microsoft said.
Price of bitcoin reaches $41,130 after having jumped 9.75 percent during the trading session.
Several tech giants have joined the legal battle against the Israeli spyware firm for creating a “systemic cybersecurity risk.”
Microsoft, Alphabet-owned Google, Cisco, Dell Technologies-owned VMWare, and Washington-based Internet Association join forces with Facebook telling a US court that the firm's tools were "dangerous" and could be "used nefariously."
The suit says Google made deals to shut out competitors and set out to lock out rivals by muscling its search and advertising systems into users' everyday appliances.
The US Justice Department had sued Google in October for abusing its dominance in online search and advertising. Amazon and Apple also have been under investigation in Congress and by federal authorities for alleged anticompetitive conduct.
Microsoft Corp says it will allow most of its employees to clock in up to half their weekly working hours from home, providing greater flexibility even after offices start reopening.
The US Commerce Department bans downloads of TikTok and WeChat use within the United States as they "threaten national security" amid rising US-China tensions.
TikTok's Chinese parent company ByteDance looking to pick a buyer to finalise a deal by mid-September and comply with US President Donald Trump’s order to divest TikTok’s assets.
Microsoft Xbox cloud gaming service has launched in 22 countries with a low price to attract casual gamers who can now play more than 150 games via the cloud on Xbox consoles, Android devices and PCs.
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