Microsoft revenue climbs to $28.9B Microsoft topped Wall Street expectations again in the second quarter of its fiscal year, as the cloud continues to drive strong financials for the company. The tech titan reported earnings of 96 cents per share on revenue of $28.9 billion, an increase of 12 percent over this time last year. Analysts expected Microsoft to post earnings of 86 cents per share on $28.39 billion in revenue. (GeekWire)
Microsoft is trying to kill passwords Microsoft is trying to kill the password, and it’s about time. This week, the company said the next test version of its stripped-down Windows 10 S operating system will strip out passwords as well, by default. If you go through setup as recommended, you’ll never get a password option. But killing the password altogether will take more work and time – and the problem may get worse before it gets better.(Washington Post)
Cashier-Free Checkout Microsoft is, like Amazon, working on technology that would eliminate checkout lines in stores. That's according to a Reuters exclusive that says Microsoft has been showing off its automated grocery store technology to retailers around the world and has had discussions with Walmart. Amazon's testbed "Go" store opened to the public in January in Seattle, and will soon expand to Chicago and San Francisco. Reuters
Under Fire Over ICE Microsoft has come under fire for a contract with Immigration and Customs Enforcement. A blog post from January—in which the company says it's "proud to support" ICE with its cloud-computing software—has resurfaced amid the agency's enforcement of a Trump policy to separate families at the U.S. border. As critics slammed the tech giant on social media, it released a statement saying it is "dismayed by the forcible separation of children from their families" and urging the administration to change its policy. Fortune
LinkedIn acquires employee engagement platform Glint LinkedIn, the social network for the working world, has announced an acquisition as it continues to work on expanding the ways that people already on the platform use it. It has acquired Glint, a startup that provides employment engagement and retention services for businesses and other organizations. (TechCrunch)
A big this week but still holding above lows in late October. A sign that a bottom may be nearing? What are your thoughts?