Microsoft

The tech industry’s titans were already huge before Covid-19, the subject of soaring valuations and snowballing antitrust investigations. The pandemic has only made them bigger. A lot bigger.

WASHINGTON - Microsoft Corp said on Friday it will suspend all donations by its political action committee (PAC) through 2022 to all U.S. lawmakers who voted to object to the certification of Joe Biden's election as president.

Behind GameStop's stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming.

Both Alphabet Inc's Google and Facebook have called the laws unworkable and said last month they would withdraw some key services from Australia if the regulations went ahead

Gates said the millions of online posts and “crazy conspiracy theories” about him and about top U.S. infectious disease expert Anthony Fauci had likely taken hold in part because of the combination of a frightening viral pandemic and the rise of social media.

The software giant said its fiscal second-quarter net income rose more than 30% to $15.5 billion. Sales advanced 17% to $43.1 billion. Those figures beat Wall Street’s expectation of net income of $12.6 billion and sales of $40.2 billion, according to FactSet.

"As Microsoft executives have said internally to employees, this is not a normal year," Microsoft wrote in a blog post Saturday. "The company believes that opposition to the Electoral College undermined American democracy and should have consequences."

Overall, more than a fifth of the S&P 500 and a third of the Dow Jones Industrial Average are expected to provide their quarterly updates starting Monday.

Big Tech came together Wednesday to cheer President Biden's inauguration and his first executive orders as the 46th president of the United States.

Washington is working with private companies based in the state to help accelerate its coronavirus vaccine distribution plan.

Microsoft is investing in GM's Cruise autonomous car company, which will use the Azure cloud computing platform. Cruise is developing self-driving cars and a ride-hailing service to deploy them with.

The technology would allow individuals to obtain a copy of their immunization records through a digital wallet of their choice, such as Apple Wallet or Google Pay, while those without smartphones would receive paper printed with QR codes containing verifiable credentials.

The video gaming publisher Bethesda announced Tuesday that it’s working on a new “Indiana Jones” title with a cryptic video trailer and scant other details.

A growing list of businesses are pausing or reviewing political contributions in response to efforts against the certification of the Electoral College and the Capitol riot by a group of Trump supporters that followed. 

Microsoft, one of the most high-profile targets of the SolarWinds hack, announced Thursday that hackers were able to access its source code, though they could not modify it. 

Global video game revenue is up 20 percent in 2020, and will finish the year at an eye-watering $180 billion

Executives and employees at tech companies such as Alphabet Inc-owned Google, Amazon.com Inc, Facebook Inc, Microsoft Corp are pushing to place candidates in senior roles at government agencies, according to four sources with knowledge of the matter.

The suspected Russian hacking campaign that targeted U.S. government agencies and dozens of companies around the globe is a "moment of reckoning" that "illuminates the ways the cybersecurity landscape continues to evolve and become even more dangerous," Microsoft’s president is warning. 

WASHINGTON - Amazon.com urged a U.S. judge to toss out the Pentagon's $10 billion JEDI cloud computing contract award after the Defense Department said in September a court-ordered re-evaluation had determined Microsoft Corp's proposal still represented the best value for the government.

Lawmakers on both sides of the aisle champion stronger oversight of the industry, arguing its massive market power is out of control, crushing smaller competitors and endangering consumers’ privacy.