The four biggest tech companies finished the day each worth more than $1 trillion, a landmark that was last reached before the Covid-19 pandemic struck the U.S. The landmark shows the resilience of the tech industry in the face of
New York (CNN Business)Microsoft is getting out of the brick-and-mortar retail business. The company announced Friday it will close down all of its 83 physical stores and switch to online only. It will keep its London; New York City; Sydney,
NEW YORK — Microsoft said Friday it is permanently closing nearly all of its physical stores around the world. Like other retailers, the software and computing giant had to temporarily close all of its stores in late March due to
Amazon, Apple, Facebook and Microsoft closed at new all-time highs Tuesday, a day when the Nasdaq Composite Index hit a new record. Big Tech stocks have fared better than most during the coronavirus pandemic as newly remote workers have had come to rely more than ever on
Shares of Microsoft and Amazon closed the year’s first quarter in the black, while its tech peers followed the broader market sell-off due to impacts from COVID-19. Microsoft stock closed up by a razor-thin .00006% in the past three months, while Amazon rose 5.43% during
WASHINGTON — The Pentagon is reconsidering its awarding of a major cloud computing contract to Microsoft after rival tech giant Amazonprotested what it called a flawed bidding process. U.S. government lawyers said in a court filing this week that the Defense
Two Microsoft employees in Washington state have contracted the coronavirus. They are among the more than 95,000 COVID-19 cases around the globe, according to the World Health Organization. Both employees are located in Puget Sound, the area that includes Microsoft’s Redmond headquarters, a Microsoft
With the U.S.-China trade war last year and the outbreak of the new coronavirus, American technology firms Apple, Microsoft and Google have reportedly looked to move more production of their hardware products out of the world’s second-largest economy. But reducing reliance on China won’t be easy. “China
Hackers that appear to be linked to Iran’s government have targeted the 2020 US presidential election, according to tech company Microsoft. The group attacked more than 200 email accounts, some of which belonged to people associated with “a US presidential
New York (CNN Business)—Paul Allen, the billionaire co-founder of Microsoft, died Monday. He was an investor, entrepreneur and philanthropist who influenced many aspects of modern life — from technology and science to sports and music. Allen was 65, his investment