Microsoft has made a huge profit in the first three months of 2021, as the demand for its cloud computing services has been soaring through the roof. 

 

The company reported a profit of $14.8 billion within the fiscal third quarter which is up by 38% compared to the same period last year. 

With the ongoing pandemic, we are witnessing more and more adoption of digital work and study life, in the last year. 

Revenue from Microsoft's productivity segment, which includes its Office suite of workplace products such as email, grew by 15% over the same time last year, to $13.6 billion. 

Whereas the cloud computing business segment of Microsoft grew 23% to $15.1 billion. 

The first quarter of 2021 has been extremely beneficial financially for the sale of PCs in part due to unfulfilled demand because of a components backlog.

Also due to an unusually weak first quarter of 2020, the industry has achieved a major rise in business.

All the bottled-up demand for consoles during the Christmas season also resulted in a 34% rise in sales of Xbox content and services early this year. 

The big businesses, government bodies, and the rest of the workforce committing to their jobs online have boosted the growth of cloud services procurement.

Microsoft is buying Massachusetts speech recognition company  Nuance for $ 16 billion, which will take the company deeper into health care industry, with Nuance's medical dictation and transcription tools. 

Chinese telecoms equipment maker Huawei Technologies Co Ltd is focusing on its budding cloud business, which still has access to U.S. chips despite sanctions against the company, to secure its survival, the Financial Times newspaper reported.

Huawei’s cloud computing business sells computing power and storage to companies, including giving them access to artificial intelligence, and has been growing rapidly, the newspaper reported on Sunday, citing sources.

In January, Huawei put the unit on an equal footing with its smartphones and telecoms equipment businesses.

The unit was stepping up its offerings and Beijing will increasingly support the company through public cloud contracts, according to the report.

The administration of U.S. President Donald Trump has restricted technology exports to Chinese companies, in particular, notably Huawei, citing national security risks.

Source: Reuters

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Microsoft says Iranian hackers have posed as conference organizers in Germany and Saudi Arabia in an attempt to break into the email accounts of “high-profile” people with spoofed invitations.

The tech company said Wednesday it detected attempts by the hacking group it calls Phosphorus to trick former government officials, policy experts and academics.

The targets included more than 100 prominent people invited by the hackers to the Munich Security Conference, which is attended by world leaders each February, and the upcoming Think 20 Summit, which begins later this week in Saudi Arabia but is online-only this year.

“We believe Phosphorus is engaging in these attacks for intelligence collection purposes,” said Tom Burt, Microsoft’s security chief, in a prepared statement. “The attacks were successful in compromising several victims, including former ambassadors and other senior policy experts who help shape global agendas and foreign policies in their respective countries.”

Microsoft didn’t identify the nationalities of the people targeted. It said the activity is unrelated to the upcoming U.S. elections.

Wednesday’s announcement refers to the hacking group as an “Iranian actor” but doesn’t explicitly tie it to the Iranian government. Microsoft calls it Phosphorus, while others call it APT35 or Charming Kitten.

The Redmond, Washington tech company has been tracking the group since 2013 and has previously accused it of trying to snoop on activists, journalists, political dissidents, defense industry workers and others in the Middle East.

Cybersecurity researchers have said the group typically tries to infiltrate a target’s personal online accounts and computer networks by luring them into clicking on a link to a compromised website or opening a malicious attachment.

Source: AP

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Skype is a Microsoft videoconferencing app. Microsoft has two videoconferencing apps, skype, and Teams. The company is bringing all-new features to Skype after it sacrificed 'Skype for businesses' to promote Teams. In July, the company added Together Mode to its Teams app. This enabled everyone in a video call powered by AI segmentation technology to be in the same virtual space, similar to being seated at an auditorium or theater.

The National Basketball Association used this feature to recreate the aura of a packed arena, with broadcasts being weirdly silent in the absence of physically present fans to cheer their teams on. According to some tech news websites, Together Mode is one of the most popular features of Teams'. Microsoft will be offering the feature to their Skype users soon. 

Provided there are at least five participants, The latest version of Skype will allow users to be in the same virtual place as their friends, family, and colleagues, and everyone in the call should have their Webcam turned on. This facility can be accessed through Skype's web client so there is no need to install Skype on their computer. For a call to happen only one person should have a skype account and the remaining can be invited through a Meet Now link.

Skype is being better with a bunch of enhancements by Microsoft. The latest update of Skype is said to include a grid mode feature by which users can see all webcam streams at the same time. Also one can add custom backgrounds. Skype 8.67 is available for download on Mac, Windows, and Linux.

Source: the economic times

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